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Latest Briefings

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 […]

Supreme Court renders judgement in cases regarding ‘per-element’ approach to Dutch tax consolidation regime

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 […]

Points to be taken care of if you owe money and can’t pay it back

By David Asker With the average total debt of £58,658 per household in July 2018, based on these figures the total interest on payments over a 12- month period stands at just under £50 billion. On a more relatable level, the celebrity Katie Price is allegedly three weeks away from bankruptcy. Katie is due to […]

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Hogan Lovells City partner gains seat on 12-strong board

Hogan Lovells has added London infrastructure partner Adrian Walker to its global board in the first rejig since the appointment of chair Leo von Gerlach earlier this year. Walker has been named as the London representative of the board, replacing previous City member litigation partner Ruth Grant. He is the founder of the firm’s infrastructure, energy, resources […]

abu dhabi

A&O turns to Clydes over claim from former banking client

Allen & Overy (A&O) is facing a claim from former client the Abu Dhabi Islamic Bank (ADIB) over the firm’s advice on a previous deal. The claim will be heard in the Dubai International Financial Centre (DIFC)’s court of first instance. ADIB filed its claim in early February and is expected to be heard on […]

Bird & Bird

Bird & Bird promotes two in London in nine-strong round

Bird & Bird has made up nine to partner in its Europe-heavy promotions round. Two were promoted in London: they are IP lawyer Eleanor Root and real estate lawyer Marco Nicolai. Root trained with Bird & Bird, qualifying in 2004. Nicolai qualified with DLA Piper in 2005, joining Bird & Bird in 2012. Women made […]

High Court

Taylor Wessing client Grant Thornton to pay damages in negligence dispute

Manchester Building Society (MBS) has been awarded damages of £315,000 after Taylor Wessing client Grant Thornton admitted negligence over the assessment of a non-recoverable financial loss totaling £48.5m. The accountancy firm admitted its negligence from the outset, which Mr Justice Teare took into account when making his judgment in the High Court’s Commercial Court. He said […]

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