REAL ESTATE

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Latest Briefings

Non-habitual tax residents – Portugal

Once the Portuguese tax authorities recognise the status of non-habitual tax resident, taxpayers in these circumstances acquire the right to be taxed as non-habitual residents for a period of 10 consecutive years. REQUIREMENTS FOR NON-HABITUAL TAX RESIDENT STATUS For the Portuguese tax authorities to grant non-habitual tax resident (NHR) status, it is necessary to meet […]

Guernsey’s Handbook on Countering Financial Crime and Terrorist Financing revised

On 12 March 2019, the Guernsey Financial Services Commission (GFSC) published the final version of the revised Handbook on Countering Financial Crime and Terrorist Financing(the Handbook). The revisions to the rules and guidance in the Handbook, together with the revised legislation (the new Schedule 3 to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, […]

Activities requiring data protection impact assessment under Luxembourg law

By Anne-Gaëlle Delabye, Bertrand Géradin, Tara Kapur The Luxembourg National Data Protection Commission (Commission nationale pour la protection des données, CNPD) has published a list of processing operations which require a mandatory data protection impact assessment in accordance with article 35 of the General Data Protection Regulation (GDPR). What is a data protection impact assessment […]

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A year ago this week

A&O, Linklaters cut back in CIS This time last year the Russian market was feeling the squeeze. Allen & Overy (A&O) and Linklaters were among the firms that suffered, with both being forced to cut back on staff numbers. The redundancies followed the closure in September of the Moscow office of US firm Mayer Brown […]

Barracuda

Barracuda and PPM Ventures buy Ambishus Pub Company for £38.2m. Barracuda and PPM Ventures advised by Clifford Chance (Simon Tinkler). Ambishus represented by CMS Cameron McKenna (Andrew Sheach). The Bank of Scotland provided senior debt, advised by DLA (Philip Butler).

Paching up the problems

The Pupillage Applications Clearing House (Pach) was devised in 1996 in an attempt to bring some order into pupillage recruitment. Prior to its introduction, those seeking a pupillage were faced with the daunting task of making numerous applications to chambers, while chambers were faced with an endless stream of inquiries about pupillage. Pach introduced a […]

allied leisure

Just as the Hyder controversy begins to die down, the Takeover Panel is hitting the headlines yet again, this time in connection with Allied Leisure’s sale to Georgica. The contentious issue this time is how more than 50 per cent of fund managers with a stake were able to sell the company to former rival […]

US Howrey Simon launches attack on European market

Washington DC firm Howrey Simon Arnold & White is kick-starting its first foray into Europe by targeting the UK and Belgium. The 470-lawyer practice is set to open offices in both London and Brussels at the beginning of next year, from which the highly rated intellectual property (IP) firm will deliver services throughout Europe. Dutch […]

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