The Hot 100: Litigation/regulation

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Privacy Shield open for self-certification on Aug 1

On August 1 US organisations can finally begin to submit self-certification requests to the Department of Commerce under the new EU-US “Privacy Shield.” This opens a new era for the lawful transfer of personal data from the European Union westward across the Atlantic. The Commerce Department has published a practical guide, “How to Join Privacy Shield: Guide to Self-Certification,” […]

Brexit - Flag of European Union

Tax Issues around Brexit

Our European tax team recentlydelivered a breakfast seminar exploring the tax issues and challenges posed by the result of the EU Referendum. The team covered a range of issues, including: the European framework, including overview of the EU, EEA, Eurozone and other European groupings; the process of the UK’s withdrawal from the EU; and the […]

India shuts down Mauritius route

Time to rethink investment structures On May 10 the Indian government issued a press release announcing the signing of a protocol to amend the India-Mauritius tax treaty.1 As a result of these amendments, Mauritius tax residents will no longer be exempt from Indian capital gains tax on sales of shares of Indian resident companies that […]

Insurance: new assessment method for GSIIs

The International Association of Insurance Supervisors (“IAIS”) has published its updated assessment methodology for designating global systemically important insurers (“G-SIIs”) (the “Revised Methodology”). As part of the review cycle of the IAIS and following consultations in 2015 the Revised Methodology now comprises five phases and adopts absolute reference values for certain indicators. Additionally, the Revised Methodology incorporates a […]

Outlook in enforcement actions against foreign banks at the new NYDFS

By Matthew L. Biben, Courtney M. Dankworth, Eric R. Dinallo, Mary Beth Hogan, Gregory J. Lyons, David Sarratt, David G. Sewell, Harriet M. Antczak On June 15 Maria Vullo was confirmed as the new Superintendent of the New York State Department of Financial Services (“NYDFS”), solidifying the first permanent change in leadership at the agency. Since the departure last summer of […]

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Life Science Law Update – organ donation and access to psychotherapy

Popular initiative “Supporting organ donation – saving lives” The Federal Council supports the proposal of the initiative to allow organs to be removed from a deceased person if he or she did not oppose this during his or her lifetime in principle, but will suggest introducing certain measures in order to safeguard the rights of […]

Nitrate pollution concerns halt housebuilding on Solent

By Angus Evers, Matthew Price Five local authorities in the Solent area have put a hold on determining planning applications for new housing as a result of advice from Natural England about nitrate pollution. Following two rulings by the Court of Justice of the European Union in the ‘Dutch Case’ (C-293/17 and C-294/17) and ‘People […]

The tenant that never was

By Liam Phillips, Michael Callaghan The grant of a lease to a non-existent tenant highlights the importance of checking that companies in a transaction are registered at Companies House. Mr Darlow granted a lease of a restaurant in Cardiff to a company called Seafood Shack UK Ltd. The identity of the tenant had been set […]

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Law firms make up 10 per cent of Stonewall top 100

Ten law firms have made it into the top 100 of this year’s LGBT charity Stonewall’s audit of the most gay-friendly employers. The increase from eight law firms making it into the ranking last year (16 January 2013), and seven in 2012 (11 January 2012), indicates a consistent improvement in the sector’s approach to equality. […]

French workers hold plant executives hostage

By Nick Pritchett On 6 January 2014, workers at a Goodyear factory in Amiens, France, ‘boss-napped’ two directors over plans to close the site. We consider the factors that led to this and the practical steps employers can take to manage redundancy situations. The Goodyear factory has been running at a loss for several years […]

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