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Latest Briefings

Blockchain and Cryptocurrency Regulation 2019

Bermuda Government attitude and definition The current Bermuda government was elected in 2017 having undertaken to create new economic pillars in Bermuda, identify new opportunities for economic diversification, and seek local and overseas investment to develop new local industry and thereby create jobs in Bermuda. Since its election, it has enthusiastically embraced the financial technology […]

Mongolia – Trademark Protection

By Bolormaa Volodya The exclusive rights of the trademark holder will be granted or entitled when the trademark is officially registered with the General authority of Intellectual property and trademark certificate is issued. “Trademark” means distinctive expression used by an individual or a legal entity, engaged in manufacturing of goods or the provision of services, in […]

Kazakhstan – Agricultural business and opportunities for Islamic finance

By Shaimerden Chikanayev Agriculture is one of the most attractive sectors of Kazakhstan’s economy. Kazakhstan has approximately 24 million hectares of arable land and 188 million hectares of pasture. More than 74% of the country’s territory is suitable for agricultural production. More than 42% of Kazakhstan’s population live in the countryside and about 20% of all […]

Dutch tax regime: confirmation of EU ‘per-element approach’

The Supreme Court rendered its judgement in two cases regarding the “per-element approach” to the Dutch tax consolidation regime (fiscal unity). The cases concern: a Dutch interest deduction limitation rule, and; the (non-)deductibility of currency losses on certain participations. On 8 July 2016, the Supreme Court raised preliminary questions to the Court of Justice of the […]

Brazilian democracy and election changes

By Ricardo Junqueiro Getúlio Vargas once said that Brazil fears nothing in the present, prides itself on the past and relies serenely on the future. It is very doubtful that the phrase maintains any type of actuality in the days that run. Neither does the present allow us to dispel fears (on the contrary). Not even the […]

Recommended

1

Squaring up in the Magic Circle

This year’s reporting season looks like being a doozie. What with Lovells’ final ever appearance as a UK firm, LG’s comical 63 per cent PEP increase and the now unveiled reality of Halliwells’ plummeting (and ultimately terminal) turnover, there’s no shortage of fun. But the really big story looks like being at the top of […]

Reed Smith forced to wait for half its Pinsents partner team

Two of the senior construction partners snared by Reed Smith from Pinsent Masons as part of a four-partner team have joined the US firm, but the other two partners remain temporarily locked-in at the national firm. Peter Cassidy and Keith Hartley joined Reed Smith earlier this month. No clear date has been set, however, for […]

Guy Hinchley
4

Mills & Reeve sees marginal increases in turnover and PEP

Mills & Reeve has posted slight increases in turnover and average profit per equity partner (PEP) for the 2009-10 financial year. Fee income increased 1 per cent from £66.6m to £67.3m, while PEP rose 2 per cent from £301,000 to 307,000. Net profits rose 6 per cent to £18.6m. Managing partner Guy Hinchley said the […]

Andrew Lilley
6

Travers Smith sees PEP soar 53 per cent to £705,000

Travers Smith has staged a stunning financial recovery, with revenues projected to be £72m for the 2009-10 financial year. This represents an increase of 12 per cent from last year’s turnover of £64.5m, although the firm has yet to recover its record performance of 2008, when it posted £81m in revenues. Travers’ average profit per […]

David Harris
2

Lovells’ PEP rises 13 per cent in year before Hogan merger

Hogan Lovells legacy firm Lovells has reported a 13 per cent increase in average profit per equity partner (PEP), rising from £586,000 to £663,000. This represents the firm’s best-ever PEP performance, narrowly beating its previous high of £661,000, which it achieved in 2007-08. Global revenues grew by 2 per cent, with the London office contributing […]

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