The aim of this guide is to provide its readers with a pragmatic overview of the law and practice of international arbitration across a variety of jurisdictions. The level of uniformity in this area is a topic in itself as international arbitration continues to straddle the well-ingrained legal cultures of the globe. Each chapter of …
In this article we examine the key differences between the self-reporting initiative operated by the Crown Office and Procurator Fiscal Services (COPFS) in Scotland and the deferred prosecution regime now operating in the rest of the UK. Any business that uncovers corruption within the organisation should make sure it understands the differences between the two …
The Fair Consideration Framework (FCF) was introduced in Singapore in August 2014 with the aim of promoting fair employment practices. It requires employers to consider Singaporeans fairly for job vacancies and to provide them with equal employment opportunities based on merit. Under the FCF, it was noted that companies which have scope to improve their …
There appears to be varying degrees of readiness across the breadth of MAR legislation, which reflects PwC Legal’s experience that only a small proportion of companies are totally prepared due to the uncertainties in the interpretation of MAR and related regulations. Given that some of the seven Implementing Regulations were only published late in June …
The UK’s vote on 23 June 2016 to leave the European Union raises a wide variety of legal issues and questions. With the UK Government unlikely to trigger Article 50 of the Treaty on European Union until early 2017, and then at least a further two-year negotiation window to determine the future relationship between the …
It is not easy to be an in-house lawyer. Thank goodness, however, because if it was why on earth would any business want to employ a lawyer? In fact, why would any lawyer go to the trouble of that expensive and gruelling training and working hours that risk burnout; then, just when they reach the …
Can Dave Lewis save Tesco? Will Bob Dudley turn BP around? Journalists and financial analysts ask these questions, and headline writers dutifully stick them at the top of the page. But the questions are absurd. We should stop asking them. Consider an international business employing tens of thousands, perhaps hundreds of thousands of people. There …
I love my career. I haven’t loved it at all times. Over the years it was tough. But over time I became more confident, the anxiety passed and I got into the interesting aspects of what I was doing. I got to enjoy it very much.
It was third time lucky when IHL finally managed to catch up with The Economist Newspaper’s general counsel and company secretary, Oscar Grut. The GC offered a stream of apologies on IHL’s arrival at his Canary Wharf office, explaining that he had been busy selling off the company’s London headquarters in St James’s. The sale …
When asked what keeps him in-house, Nokia’s Richard Vary touts two key selling points of the job: travel and adrenaline. His role as head of litigation has placed him in some interesting scenarios over his ten years working for the multinational communications and IT company. ‘It was my birthday last year when I arrived at …
Last month, Pearson’s high-profile senior vice president and general counsel Bjarne Tellmann was attending an executive leadership course at Harvard Law School when he bumped into Ben Heineman, General Electric Company (GE)’s former veteran legal head who is lauded by many for inventing the playbook for the sophisticated, globe-trotting GC. Tellmann grabbed the opportunity to …
‘There’s a serious danger of a regulator trying to regulate something that it doesn’t understand,’ says Kingfisher group general counsel and company secretary Clare Wardle. Her comment comes as the Solicitors Regulation Authority (SRA) works on another overhaul of its handbook, halfway through a two-year review that will end in 2017, a process that has …