Shanghai-based Boss & Young and JoinWay have merged to form a 200-lawyer firm under the banner of Boss & Young. The two firms merged on 16 January upon approval from the Shanghai Justice Bureau. The combined firm has 50 partners and 200 lawyers across Shanghai, Beijing, Guangzhou, Nanjing, Wuhan and Chongqing. It will be one […]
An attempt by Mishcon de Reya client Tamara Ecclestone to force two car companies to return a £400,000 Lamborghini that she claimed was a gift to her ex-boyfriend has been thrown out by the High Court. Ecclestone has been ordered to pay £7,500 damages to company Elite Performance Cars and £15,000 to Ansol Trading Ltd […]
Stephen Kitts, Asia managing partner at Eversheds, has commented on the latest China economic growth forecast, stating that the short-term dip in demand is no bad thing over the long run. He said: ‘There are significant changes happening in China as the new leadership gets to grips with a long-term plan for sustainable growth and […]
Paula Barrett, data privacy expert at Eversheds, has commented on the theft of almost half of all South Korea’s credit card details. Referring to the recent Target breach, she said that reports of another large-scale security breach involving credit card data in South Korea can only add to mounting concerns about data security standards. Barrett said: […]
Eversheds has relocated its Beijing office with effect from 18 January 2014. The office can now be found at 2201 Kerry Center North Tower, No 1 Guanghua Road, Chaoyang District, Beijing 100020, China.
Conyers Dill & Pearman has announced that Caymanian attorney Erik Bodden has joined its Cayman Islands office. Bodden, who was previously on secondment in London, was called to the Cayman Bar in December 2013. He obtained his LLB from the University of Liverpool in 2011, graduating with first-class honours. He completed the Bar Professional Training […]
Ben Jones, tax expert at Eversheds, has commented following the news of HMRC’s investigation of the tax treatment of Bitcoins. Jones said that it was another example of the problems tax authorities around the world are having with applying existing rules to the digital economy. He added: ‘The pace of change in this area is […]
The latest set of LLP accounts filed with Companies House show another batch of firms making changes to their borrowings to finance continued investment. DAC Beachcroft’s accounts confirm the firm’s 14 per cent rise in turnover for 2012/13 (15 July 2013). Audited revenues rose from £163.5m in 2011/12 to £186.8m last year, while profit available […]
DAC Beachcroft (DACB) has made its first move into the US through the launch of a representative office in New York. The firm said the office would support its international network, which has expanded rapidly across Latin America since the merger between legacy Beachcroft and legacy Davies Arnold Cooper (31 October 2011). Most recently the […]
By Henry Quinlan, Natalie Wainwright and Victoria Bloom The Dubai International Financial Centre (DIFC) court has confirmed that it has the inherent jurisdiction to grant a stay of proceedings in favour of a Dubai International Arbitration Centre (DIAC) arbitration. In so holding, the court did not follow its previous decision on this issue in the […]
The government is ambitious to support industry in its exploitation of shale gas as a new source of energy supply and is anxious to ensure that there are as few tax disincentives as possible to unlocking early exploration. HM Treasury and the Department for Communities and Local Government issued a consultation document in July — […]
By Henry Quinlan and Natalie Wainwright The Dubai International Financial Centre (DIFC) court has declined to stay proceedings in favour of an LCIA arbitration in London, despite finding that the arbitration clause was valid. In rendering its judgment, the court concluded that the presently drafted DIFC Arbitration Law failed to implement the New York Convention. […]