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Latest Briefings

Responsibilities of the members of the board of directors due to public debts

By Gülenay Kavcar In the light of the decision of the Constitutional Court regarding the application of EROL KESGİN dated 2015/11192 and dated 30.05.2019, the members of the Board of Directors who are not represented have the responsibility of the liability of the Board of Directors.     I. BRIEF SUMMARY OF THE CONSEQUENT EVENT The provincial […]

Do I need to get planning permission for the changes I want to make to home?

By Martín Casas If you’re thinking about  doing works on your house or garden, one of the things you will be thinking about (or should be thinking about!) is if you need to obtain planning permission. In most cases you will need planning permission, but there are a few occasions where you don’t. Probably the most […]

The impact of economic substance rules on family offices in the Channel Islands

By Richard Laignel, Alice Bricogne The economic substance legislation that came into force in Guernsey and Jersey in January 2019 requires companies that are tax resident in either island, and that conduct one or more of the defined activities, to demonstrate that they meet threshold levels of physical substance in their respective jurisdictions. How do the rules […]

Standard collaterals in commercial lease agreements on polish market

Under a lease agreement, a landlord commits to hand over a thing for a tenant’s use for a fixed or non-fixed term and the tenant commits to pay the landlord the agreed rent. When the lease ends, the tenant is obliged to return the thing in a non-deteriorated condition; however, is not liable for normal […]

The employer’s obligation on labour safety and hygiene in mongolia

By Bolormaa Volodya Mongolia is one of the wealthiest countries in the world of mineral resources and has developed its own independent mining industry since 1990. The country has joined the implementation of European and international technical, environmental and occupational safety and health standards in the mining sector to improve its competitiveness in the public […]

Recommended

Suspension for local authority legal head

THE HEAD of a Cumbrian council’s legal department has been suspended. Allerdale Borough Council legal services manager David Collinson was temporarily relieved of his post in early November. Later that month an internal inquiry cleared him of allegations of harassing a junior member of staff. But the suspension remained in force to allow the council […]

Linklaters gets Woolwich deal

Linklaters & Paines is advising the Woolwich Building Society on its plans for conversion to plc status and London Stock Exchange listing. Woolwich is the UK’s third-biggest building society with assets of about £28 billion, 12 operating subsidiaries, over three million investors and more than 550,000 borrowers. Heading Linklaters’ team are partners Jeremy Skinner and […]

Not ready for finance advice

It seems a significant number of firms are taking to providing financial services advice and setting up departments manned by investment advisers. I read regularly of new firms moving into this area. While no-one can blame firms for looking at new business opportunities (indeed, they must be commended for their initiative), it is nonetheless a […]

Financings

Frere Cholmeley Bischoff is advising British & American Film Holdings on proposals for conversion to investment trust status and a reorganisation of its share capital. Mishcon de Reya is advising on reorganisation of British & American’s film interests.

Flotations

Lawrence Graham advised Australian company Cash Converters International in its listing on the London Stock Exchange, believed to be the first Australian company to do so. The placing capitalised the business at £23.9 million. Perth lawyers Corrs Chambers Westgarth also advised. Herbert Smith acted for sponsors Henderson Crosthwaite Corporate Finance.

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