Quotes of the week

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Latest Briefings

Responsibilities of the members of the board of directors due to public debts

By Gülenay Kavcar In the light of the decision of the Constitutional Court regarding the application of EROL KESGİN dated 2015/11192 and dated 30.05.2019, the members of the Board of Directors who are not represented have the responsibility of the liability of the Board of Directors.     I. BRIEF SUMMARY OF THE CONSEQUENT EVENT The provincial […]

Do I need to get planning permission for the changes I want to make to home?

By Martín Casas If you’re thinking about  doing works on your house or garden, one of the things you will be thinking about (or should be thinking about!) is if you need to obtain planning permission. In most cases you will need planning permission, but there are a few occasions where you don’t. Probably the most […]

The impact of economic substance rules on family offices in the Channel Islands

By Richard Laignel, Alice Bricogne The economic substance legislation that came into force in Guernsey and Jersey in January 2019 requires companies that are tax resident in either island, and that conduct one or more of the defined activities, to demonstrate that they meet threshold levels of physical substance in their respective jurisdictions. How do the rules […]

Standard collaterals in commercial lease agreements on polish market

Under a lease agreement, a landlord commits to hand over a thing for a tenant’s use for a fixed or non-fixed term and the tenant commits to pay the landlord the agreed rent. When the lease ends, the tenant is obliged to return the thing in a non-deteriorated condition; however, is not liable for normal […]

The employer’s obligation on labour safety and hygiene in mongolia

By Bolormaa Volodya Mongolia is one of the wealthiest countries in the world of mineral resources and has developed its own independent mining industry since 1990. The country has joined the implementation of European and international technical, environmental and occupational safety and health standards in the mining sector to improve its competitiveness in the public […]

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Pollock, Lovells come under fire after dropping £850m BCCI claim

After 256 days in court, the £850m misfeasance claim, brought by the liquidators of the Bank of Credit & Commerce International (BCCI) against the Bank of England, sensationally collapsed last Wednesday (2 November). Essex Court Chambers’ Gordon Pollock QC appeared briefly to inform Mr Justice Tomlinson and the Bank of England’s legal team, including Freshfields […]

Euronext, Deutsche Börse ponder tough LSE bid conditions

The Competition Commission has given the green light for Euronext and Deutsche Börse to bid for the London Stock Exchange (LSE), but imposed some tough conditions that many believe are potential deal-breakers. Following a seven-month inquiry, the commission found that both bids would “substantially lessen competition” and ruled that the deals would only get the […]

Mother’s ruin is lawyer’s shoo-in

The concept of work-life balance is really being embraced these days among lawyers. Few, though, have done as well at marrying business and pleasure than former Addleshaws partner Susannah Sheppard. Sheppard, a competition specialist, is the sole UK distributor of Xoriguer gin, a tipple that hails from (and has until now only been available on) […]

Lawyers query Company Law Reform Bill proposals

Lawyers have welcomed the publication of the new Company Law Reform Bill, but doubts remain over some of its proposals. Freshfields Bruckhaus Deringer partner Vanessa Knapp chaired the Law Society’s consultation committee for the bill until August 2005. She believes a clarification of directors’ duties is necessary to avoid conflicts of interest. The bill states that […]

Kilpatrick Stockton braces for more layoffs in London

Kilpatrick Stockton is set to conduct a swathe of compulsory redundancies as part of its ongoing bid to slash its London office. Preliminary voluntary redundancy negotiations have failed to reduce the office’s size as much as the firm’s executive committee had hoped – only cutting it by eight fee-earners to a total of 30. The […]

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