Following the result of 23 June 2016 Brexit referendum, many British citizens are concerned with what potential travel restrictions and immigration regulations may be implemented when travelling to EU countries after the UK leaves the EU. A number of potential scenarios have been identified.
Stefan Stern forecasts that GCs will be forced to address a renewed attempt to fix what ails governance in UK plc Who knew that the staid term ‘corporate governance’ could create so much excitement? That Latinate phrase seems designed to reassure: ‘governance’ suggests order, calm, and mastery. But the chaps in the boardroom – and …
Of all the clauses in a contract, dispute resolution provisions require perhaps the greatest degree of crystal ball gazing. Contract drafters need to ensure that the clause will be effective in putting any dispute in the hands of a competent and effective court or tribunal at the earliest opportunity. But now we have Brexit. We …
I’ve been lucky. I didn’t always want to be a lawyer. I used to party a lot; I liked going out. I always have done. In my twenties my girlfriend suggested I do something with my life instead of faffing around. She binned me.
The implications for the Scottish market in light of the recent Brexit vote, like the rest of the UK, remain unclear, with the inevitable lengthy negotiation period on the terms of our exit still yet to come. Many of the same issues arise here as in the UK, but there are a number of Scottish …
‘It was ambition that made me decide to leave Barclays,’ declares self-confessed deal junkie Michael Shaw, who resigned from his role as the bank’s deputy general counsel in the summer of 2015. Shaw was eager to pursue a weightier leadership role after six years serving as the ‘apprentice’. Bob Hoyt had succeeded Mark Harding as …
It is a sporting truism that it is far harder to be axed from the England football squad than it is to be included in the first place. Unfortunately, a similar tendency is apparent with risk factors in public listings of securitisation transactions. While this is true across a range of issues, it is particularly …
UK collateralised loan obligation (CLO) managers have adapted their risk retention structures in response to the EU referendum vote, effectively ‘Brexit-proofing’ their structures in the event of a full Brexit where UK firms do not continue to enjoy financial passporting rights into the EU.
The UK has long prized its reputation as an attractive place to do business. Successive governments of all persuasions have consistently taken measures to make sure the UK has the most competitive corporate tax regime across the G20. With its low headline corporate tax rate and generous rules on deductibility of interest compared to other …
Having seen Legal & General’s shares initially tumble on the Friday morning immediately after the UK’s vote to leave the EU – like so many financial services businesses – general counsel Geoffrey Timms is concerned that the business impact of Brexit could become a self-fulfilling prophecy. ‘Markets are emotional rather than factual. We can talk …
In his recent book, The Inside Counsel Revolution, Harvard Law professor and former General Electric legal chief Ben Heineman argues that the core mission of global corporations should be the fusion of high performance with robust integrity and sound risk management.
It is possible artificial intelligence will change all our working life immeasurably in the next 20 years. It might put us all out of work; nobody knows. Even if it did happen in 20 years’ time, it is of no use to me in the way that I do my job right now and not …