Bankruptcy is a serious wall to hit for any business, but what solutions are available and which is more appropriate for certain scenarios? Lawyer Monthly here speaks to Craig Kelley, Esquire, Senior and Managing Partner at Kelley & Fulton, P.L. in Florida, US, who details what the possible avenues might be, and tells us a […]
As a vital tool to tackle fraud and losses from malpractice, among other things, securities law ensures that investors have an informed and precise idea of the interest they are purchasing or selling and its value, and governs the procedures involved in the exchange of such assets. Over the next few pages, Lawyer Monthly talks […]
“The recent amendment to the UK Finance Bill 2016 to include enabling legislation that would require companies to publish a ‘country-by-country report’ (CbCR), showing where they paid their taxes and earned their revenues, is nothing more than an ineffectual naming and shaming exercise,” says Miles Dean, Managing Partner, Milestone International Tax. “If countries do adopt […]
According to Deloitte’s 2016 banking industry outlook, several aspects of the global banking sector have been experiencing, and are set to experience, serious existential threats. As change is spurred across the globe, uncertainty surrounding the future of the banking sector is rife, and questions are arising about the next decade of banking. Here to give […]
Responses from over 600 participants from 180 sectors revealed that almost 50% fear the biggest risk post-Brexit is added costs through duties or taxes, followed by customers and suppliers having a potential negative view of the UK (19%) and exchange rate issues (18%). The Institute of Export (IOE) - the only professional body in the […]
New research from the Federation of Small Businesses (FSB) suggests half (52%) of small firms have been stung by unfair contract terms with suppliers, costing nearly £4 billion in the last three years. Suppliers are failing to make auto-rollover clauses clear up front (24%), tying businesses into lengthy notice periods (22%), charging high early termination […]
Solicitor Peter Watson-Lee, the Head of the Specialist Family Law Department at Williams Thompson Solicitors LLP in Christchurch, Dorset, has co-authored two influential legal guides. The national guides, which are the first official guides of their kind, have addressed the inconsistencies and a lack of knowledge surrounding the division of finances following divorce. As the […]
The UK Government's Digital Economy Bill, which is set to revamp current copyright legislation and was introduced in Parliament last week and now clear of its First Reading, has been welcomed by the Federation Against Software Theft. Julian Heathcote Hobbins, General Counsel, FAST, stated: “One of the most important changes outlined in this Bill from […]
The average number of new tax cases sent to the Court of Justice of the European Union (CJEU) has risen by a fifth since the credit crunch, as more businesses and other taxpayers use the court to challenge the actions of national tax authorities, says Pinsent Masons, the international law firm. Pinsent Masons says that […]
The Bank Mellat Iranian sanctions litigation, which has been through both the UK Supreme Court and the European Union Court of Justice, is now going back to the High Court to deal with the damages claim. The claim is for $4 billion; the largest claim made against HM Treasury, and is slated to begin in […]
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