By the time you read this article, the new Tier 1 Exceptional Talent Route will have been available since 9 August 2011. This article looks at the recently published information from the UK Border Agency (UKBA) concerning this route, that has been created to encourage the best and brightest people in the fields of science, …
On the day that the Bribery Act 2010 (the Act) came into force, Richard Alderman, director of the Serious Fraud Office (SFO), gave an exclusive interview to the Daily Telegraph. In the interview, Mr Alderman set out his hard-line approach and highlighted the SFO’s intention to take a much stronger stance with enforcing the Act …
Continue reading “Bribery Act raises the bar for global compliance programmes”
The Financial Services Authority (FSA) has recently published its review of mortgage fraud against lenders, having carried out investigations into the ability of lenders to detect and prevent mortgage fraud. The purpose of the report was to consider how lenders are managing the risk to their businesses of mortgage fraud. The report also estimates that …
Continue reading “The billion pound toxic pool… deal with it, don’t add to it!”
It has become the standard suite of construction and engineering contracts in the nuclear decommissioning sector, EDF is currently using it for the early packages at its Hinckley C development in Somerset and Horizon Nuclear Power has been taking soundings from the nuclear supply chain as to its suitability for its proposed new nuclear power …
This article provides an overview of the legal and tax aspects of debt-to-equity conversions in Bulgaria that are relevant for the successful implementation of a restructuring.
An agreement will not be considered a legally binding contract unless the agreement is ‘complete’. However, an agreement will not always be deemed ‘incomplete’ simply because it is missing certain terms. In the recent decision of Karim Frederick Dhahani v Serge Crasnianski[2011], the High Court was asked to consider whether the parties had entered into …
This article discusses a trade mark infringement case to illustrate several practical issues that are likely to be of interest to anyone involved in, or contemplating, trade mark action in Saudi Arabia. Although the case raises interesting issues of substantive law, these are better left for discussion when the final outcome of the case is …
The number and severity of natural disasters so far in 2011 is unprecedented: Australia, New Zealand, Japan, South and North America have all been hugely affected. This article looks at how the Australian insurance market has responded to losses as a result of the Queensland flooding and also look at how the London market is …
Continue reading “Severe weather events present significant challenges for insurance market”
Perhaps the most surprising thing about waking up on a Sunday morning in May to be faced with a Sunday paper featuring a close-up photograph of a well-known footballer’s face was that its publication seemed to take everyone by surprise.
In the near future some significant changes will be made to Dutch corporate law, with the chief aim of achieving greater simplicity and reducing the burden for businesses. This article will discuss several expected changes that will specifically affect private companies with limited liability (BVs) and public companies with limited liability (NVs). Some of these …
Continue reading “Simplification and reduction of burdens for Dutch companies with share capital”