Weil, Clifford Chance act in AIG Private Bank sale

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Latest Briefings

Implementation of EU anti-tax avoidance directive

The bill of law to implement the provisions of the EU Directive 2016/1164 on anti-tax avoidance (ATAD) in Luxembourg law was made available on 20 June 2018. Subject to parliamentary approval, Luxembourg will introduce controlled foreign corporation (CFC), interest deduction limitation and anti-hybrid rules. It will also modify its existing general anti-abuse rule..

Portugal: Competition and the right to compensation for damages

Act 23/2018, establishing the legal framework on the right to compensation for damages from infringements of competition law, was published on 5 June 2018. This legislative act transposes into Portuguese law the Directive 2014/104/EU of the European Parliament and of the Council, of 26 November 2014, which established common rules to all Member States on […]

Pimlico Plumbers: the self-employed v brand debate

By Paula Rome The widely reported decision in Pimlico Plumbers emphasises the risks of retaining control over staff. However, such control can be key to protecting an organisations’ brand and reputation in the marketplace. Where does this leave us? What does control mean?

What do employers need to know about whistleblowing policies?

By Antonia Blackwell In this instalment of our ‘Breaking Down the Handbook’ series, we look at whistleblowing policies, why they are needed, what they should contain and what traps employers need to avoid. What does whistleblowing mean?

I’m divorced, that’s it, right?

By Miranda Nairn There is a common misconception that once in possession of a decree absolute (the final decree dissolving a marriage), your divorce is done and dusted and you and your ex-spouse can walk off into the sunset, in opposite directions, never to see or hear from each other again. In fact, unless you […]

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Kimbells puts some staff on four-day week

Milton Keynes firm ­Kimbells has told lawyers in three of its departments to move to a four-day week, putting trainees at risk of missing qualification dates. One trainee is understood to have contacted the Solicitors Regulation Authority and was told that working part-time could mean they would not qualify within the usual two-year period. Kimbells […]

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DLA loses last Glasgow real estate partner

DLA Piper has been hit by another departure from its Scottish real estate practice, with the exit of its sole remaining Glasgow property partner. Anne McGregor is ­leaving the firm ­following the departure of property ­partners David Thomson and Graeme Sunter last month. One associate has been made ;redundant ;and two assistants are set to […]

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Merged Cornwall councils rejig legal

Cornwall County ­Council will revolutionise its legal team when the Cornwall Unitary Authority is launched in April 2009. Cornwall ;County ­Council will revolutionise its legal team when the Cornwall Unitary Authority is launched in April 2009. The new ‘super council’ will unite six district authorities and the county council with 110 lawyers from the seven councils. […]

Clifford Chance slashes US bonus

Clifford Chance slashes US bonus” />Clifford Chance has followed the New York trend and halved year end bonus pay-outs for its US associates. The magic circle firm will provide bonuses ranging from $17,500 (£12,000) for first year associates to $32,500 (£22,000) for the most senior class. Last year bonuses ranged from $32,000 (£24,000) to $65,000 […]

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Lawyers caught up in Mumbai seige recount ordeal

If the terrorists who attacked Mumbai last month wanted to strike at the heart of India’s international business ­community, then they chose their targets well. Law firms have been left counting the human cost of those attacks, with Stephenson Harwood the worst hit of all. Four of the firm’s lawyers were caught up in the […]

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