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Latest Briefings

SEBI introduces exemptions for companies undergoing CIRP under IBC, 2016

By Ashwin Bishnoi, Rohit Ambast Between 31 May to 1 June, the Securities and Exchange Board of India (SEBI) amended a number of securities regulations to provide certain dispensations for listed companies undergoing the corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code 2016 (IBC). These amendments follow SEBI’s discussion paper of March […]

GDPR risks for retailers

By Jeanette Burgess, Gwendoline Davies Much of the focus in the retail and legal press in recent months has been on the eye-watering level of fines which data protection regulators can impose for infringements of the new EU General Data Protection Regulation (GDPR) legislation. However in this mini-series Walker Morris’ Heads of Regulatory & Compliance and […]

Swiss Lower House approves corporate tax reform

By Maurus Winzap, Robert Desax On 12 September 2018, the Swiss National Council (Lower House– Nationalrat – Conseil national) approved the revised version for a corporate tax reform (“Tax Proposal 17”). It is based on the Government’s proposal issued in March 2017 and on the version negotiated in the Upper House (Ständerat – Conseil des États) in […]

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Irish suicide solicitor leaves £10m compensation claims

FORMER clients of a wealthy Dublin solicitor, who killed himself as his accounts were being investigated, have lodged compensation claims with the Irish Law Society totalling £l0 million. It is the largest amount claimed in relation to one legal practice since the Solicitors’ Compensation Fund was established. Now the society has begun an action against […]

Pannones strikes at PI niche

A BOOM in automatic strike-out negligence cases against personal injury solicitors is set to provide a niche market to Pannone & Partners through a novel use of conditional fees. The firm will focus on the strike-outs of cases under Order 17 Rule 11 where solicitors have been caught by the ’15 month rule’ and, usually […]

Judge to lead Barings action group

RETIRED appeal judge Sir Patrick Neill has agreed to lead the SJ Berwin legal team advising the Barings 9.25 per cent Perpetual Noteholders Action Group (BPNAG) in its attempt to recover £100 million lost in the bank’s collapse. Sir Patrick will work with, among others, SJ Berwin consultant Jonathan Stone who was appointed chair of […]

Bill poses threat for actuaries

Nicholson Graham & Jones (NG&J) is warning actuaries that the new Pensions Bill, which received Royal assent on 20 July, will significantly change their future role. NG&J partner Ian Pittaway says: “This Act is potentially very dangerous for actuaries.” NG&J lawyers had expected wholesale amendments to the Bill due to the deficiencies of its drafting, […]

Defining a duty of care to residents

A legal battle with wide ranging implications for local authorities anxious to hive off unprofitable residential care responsibilities to the private sector is now to be considered by the Law Lords. In June the Court of Appeal ruled that the Department of Health was wrong when it told councils they could not opt out completely […]

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