EFRBS: attractive alternative for high earners? | Jones Day

Legal Briefing

6 April 2006 saw the introduction of the Employer Financed Retirement Benefit Scheme (EFRBS), replacing the now defunct Funded Unapproved Retirement Benefit Scheme. An EFRBS is an unregistered (ie not registered with HM Revenue & Customs) pension scheme commonly used to provide retirement benefits to high-net-worth individuals (defined as those earning over £150,000 per annum …

Supreme Court warns: agree first, start work later | Edwards Wildman Palmer UK LLP

Legal Briefing

There is a situation more common than most people would think, particularly in the construction industry whereby parties commence work under a letter of intent, pending the negotiation and execution of a full written contract, setting out all the detailed terms and conditions governing contract performance. This often occurs where projects are time and cost …

Canadian international trade and investment priorities: Budget 2010 and the Throne Speech | Blake, Cassels & Graydon LLP

Legal Briefing

On 4 March 2010, the federal government announced its budget for 2010 (Budget 2010). Several of the measures proposed by the government relate to international trade and investment. Included in the budget are commitments to: eliminate a large number of custom tariffs on manufactured goods; continue the negotiation of international trade and investment agreements; enhance …

Compliance with competition law: prevention is better than cure | Boekel

Legal Briefing

A sound corporate governance policy requires managing directors to guarantee compliance with competition law in the organisation. Violations can lead to penalties of millions of euros, and serious damage to the reputation of the organisation and the persons involved. In practice, it is difficult to identify and control competition law risks. This problem can be …

Court of Appeal supports FSA’s request for documents | Norton Rose Fulbright

Legal Briefing

The trend for co-operation between international financial regulators has become a feature of the regulatory environment over recent years. On 24 February 2010, in a boost for the Financial Services Authority (FSA) in its approach to dealing with requests for assistance from overseas regulators, the Court of Appeal allowed an appeal and found in favour …

Reputation law: an international approach to protecting brands | Schillings

Legal Briefing

The threat from modern methods of communication is that the potential damage to an individual, company or brand’s reputation is fast and global. As international companies and their brands grow, so does the need for a trusted reputation and the need to protect the brand. The speed at which information travels, especially in this internet …