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General Counsel update - Spring 2010

Overview

The latest in a series of regular updates for General Counsel, which aim to summarise major developments in key areas including Arbitration, Corporate, Employment, Litigation, Tax and Finance. This edition covers the following hot topics:

- India and Korea Bilateral Comprehensive Economic Partnership Agreement: the most recent example of intra-Asian trade agreements;

- Court of Appeal confirms that anti-suit injunctions in support of arbitration remain available in respect of proceedings brought outside the EU;

- Changes to the Listing Regime;

- Issuer liability: Regulations amending Section 90A Financial Services and Markets Act 2000 (FSMA) issued;

- Collective redundancy consultation is required even if not possible for full statutory period;

- Employers may have to permit carry-over of statutory holiday lost due to illness;

- Privilege update;

- Supreme Court rules that contract exists despite “subject to contract” provision;

- Budget 2010 and Finance Act;

- HM Revenue & Customs (HMRC) enquiry windows/limitation periods;

- Gaines-Cooper decision: UK tax residence for individuals; and

- Swift v HMRC: legal status of a Delaware limited liability company.

The briefing also reviews international and sector-specific developments, including an update on market abuse, more on notification clauses and a note on the Government’s recently-announced registration of company charges.

Please click “view briefing’ to read more.

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