10/25/2022
Mayer Brown to enter Joint Law Venture with PK Wong Nair LLC in Singapore
All Singapore court litigation and related advice is provided through PK Wong & Nair.
Government Regulation
10/25/2022
New Statutory Directors Duty to Have Regard to the Interests of Creditors
The 2022 Regulations transpose the EU Preventive Restructuring Directive (2019/1023) (the "Directive") into Irish law.
10/24/2022
Herbert Smith Freehills Pro Bono Team Secures Finance for Education in Sierra Leone
Members of the firm's London-based finance, corporate and arbitration teams provided pro bono advice to Bridges Outcomes Limited, the arm of Bridges Fund Management focused on supporting social outcomes contracts.
10/24/2022
Hong Kong Companies Registry has introduced a New Inspection Regime promoting enhanced protection to sensitive personal information
Only "specified persons", including but not limited to a solicitor or foreign lawyer, or a financial institution or designated non-financial businesses and professions, could apply to the to Hong Kong Companies Registry (CR) for access to Protec
10/21/2022
Jersey economic substance and withdrawal of COVID concession
Now that travel restrictions have been removed and isolation requirements have been relaxed, the Jersey Comptroller has withdrawn this concession.
10/21/2022
Hogan Lovells achieves Mansfield Rule Certification Plus in the U.S. and UK for its efforts in diversity, equity and inclusion
Firms must also create and publish job descriptions and appointment and election policies for leadership roles within their firms.
10/21/2022
The UK’s register of overseas entities: what IPs and receivers need to know
Overseas entities with a “relevant interest” in UK land must register the identity of their beneficial owners on the ROE before 1 February 2023 and keep the register up to date.
10/21/2022
The National Security & Investment Act: sanctions and the implications for restructuring
Now the regime has been in operation for over six months, there are a number of lessons that have been learned, as well as some continuing questions as to its effect on restructuring.
10/20/2022
FRC report puts increased focus on ethnic diversity and ESG in UK boardrooms
As a result, the actions and initiatives of companies and senior management teams are being reviewed with greater scrutiny.
10/20/2022
New Regulatory Considerations for End of Year Liquidations
Under new guidelines handed down from CIMA, however, there is now increased clarity around the timing of the deregistration process.
10/20/2022
Supreme Court VAT ruling clarifies when time bar challenge can be used
HMRC must make the assessment within two years of the end of the accounting period in question
10/19/2022
Dentons launches Global Compliance and Investigations offering
Dentons' GCI offering is a holistic solution for clients that ensures immediate access to the right expertise wherever it is needed, calling on diverse experiences and skills sets from a variety of legal practices, strategic consultancy, and in-house
10/19/2022
Paul Hastings Again Achieves Mansfield Rule Certification Plus
This year’s recognition is for Mansfield Rule 5.0.
10/19/2022
Partner quoted in ‘Board IQ’ on crypto regulatory ‘dogfight’
The omission was significant because it repeatedly referred to the digital asset as a “security.”
10/18/2022
Jersey Withdraws Covid-19 Economic Substance and Corporate Tax Residency Concession
The Covid-19 Concession was always a temporary measure
10/18/2022
UK’s economic policy ‘barely recognisable’ after major tax and energy U-turns
The government will also abandon off-payroll working reforms that were designed to combat widespread non-compliance with the original IR35 rules.
10/17/2022
Jones Day joins Policing Project at NYU School of Law in challenge to unconstitutional stops at Atlanta airport
The lawsuit, filed in the U.S. District Court for the Northern District of Georgia, challenges the constitutionality of these stops under the Fourth and Fourteenth Amendments.
10/17/2022
Take privates by way of a scheme of arrangement in the Cayman Islands
The privatisation of a Cayman Islands company listed on the HKEX would typically be a scheme of arrangement.
10/17/2022
More Data, Less Risk – How Australian Banks and their Customers Ended Up With a Greater Duty of Care
As Australian regulation moves towards a UK-style Consumer Duty regime, the banks will be required to do more data collection, more analysis and greater levels of predictive computation.
10/17/2022
DOL proposes new rule for determining independent contractor status under the FLSA
Nixon Peabody will monitor any future developments with respect to the proposed rule and report on any changes made in response to comments from stakeholders.