We are delighted to present the fourth edition of India Trade and Tax Scan, our monthly newsletter offering key updates, recent developments, and actionable insights in trade and taxation. This edition covers critical updates on Direct Tax, including changes to the ‘Vivad se Vishwas Scheme’, insights from the GST Council Meeting, significant judicial rulings, and global trade developments ...
Two Carey Olsen lawyers recognised in eprivateclient's 50 Most Influential The list recognises the leading figures in the UK and global offshore private client practitioner sector, including advisers from the wealth management, accountancy, legal, trust, family law, and fintech sectors ...
By: Christopher ‘Smitty’ Smith As we usher in 2025, businesses across the world that ship products into California are facing new and updated regulations under Proposition 65 (Prop. 65), the state’s landmark product warning law. The changes, which affect a wide range of industries—from food manufacturers to automobile part producers—have substantial implications for companies that manufacture, distribute, or sell products sold in the state ...
Paul Carney takes a look at proposed reforms to the Local Government Pension Scheme and the proposed pooling into so-called “Mega-funds”. UK Pensions – LGPS Consolidation: a look ahead to 2025 Following Suzanne Burrell’s commentary looking ahead to what 2025 brings for defined contributions pension schemes, Paul Carney takes a look at proposed reforms to the Local Government Pension Scheme and the proposed pooling into so-called “Mega-funds” ...
As the new administration begins, significant changes to immigration policies are anticipated, though the specifics of these changes—including when they will take effect and how they will impact the current immigration system—remain uncertain. Among these potential changes, we may see an increase in worksite inspections for H-1B and L-1 visa holders as part of enhanced compliance measures. While this increase in enforcement may be concerning, there’s no need to worry ...
The EU Data Act will start to apply in September 2025. It has become clear that one of the most vexing issues in applying the Data Act to real-life scenarios may in fact be a very basic one: Understanding how the apparatus of roles of the Data Act works in practice, and how it interacts with parallel role definitions of other EU laws. We discuss some of these issues and proposed solutions in this brief article ...
While enforcing US judgments in the UK presents several challenges, recent case law offers valuable guidance. By taking proactive steps and seeking expert legal advice, litigants can improve their chances of successfully enforcing US judgments in the UK ...
2025 looks to be another busy year in the pensions world, Suzanne Burrell focuses on consolidation in the defined contribution pensions market. UK Defined Contribution Pensions Consolidation: a look ahead to 2025 2025 looks to be another busy year in the pensions world, with a continuing number of defined benefit schemes in the private sector looking to secure benefits with insurers ...
Carey Olsen maintains status as leading TISE listing agent for ninth consecutive year COCFL acted as listing agent on 40% of all classes of securities listed on TISE in 2024. COCFL also assisted with the majority of new high yield bond classes listed in 2024 and continues to act for a majority of all high yield bonds currently listed on TISE. TISE introduced its 'Specialist Companies' equity rulebook ("the Specialist Companies Equity Rules") in November 2024 ...
When an employee is subject to a police investigation or is charged or convicted of criminal misconduct outside of work, it can be a challenging area for employers to navigate. We set out our top tips for employers handling such situations. Top tips for employers dealing with criminal misconduct outside of work When an employee is subject to a police investigation or is charged or convicted of criminal misconduct outside of work, it can be a challenging area for employers to navigate ...
By: Hector A. Chichoni, Esq. As President-elect Donald Trump prepares to assume office, U.S. employers and companies, in almost every sector, are anticipating a significant increase in changes in immigration law and procedures. This is rightly so, given the historical precedent established during the first Trump administration (2017-2020) ...
The firm has previously notified our clients and network about an obligation to make certain filings under the Corporate Transparency Act (CTA) that became effective at the beginning of 2024. It provided deadlines to file Beneficial Ownership Information (BOI) for many companies by December 31 of this year, and in some cases required earlier deadlines ...
The export control system is intended to ensure that defence-related products, technology and services are only exported from Norway in accordance with Norwegian security and defence policy, and that exports of dual-use items do not contribute to the proliferation of weapons of mass destruction (nuclear, chemical and biological weapons) or their means of delivery ...
Several interesting cases have been decided both by the ordinary courts and by other dispute resolution bodies over the past year. We have also observed some emerging trends in dispute resolution. Key decisions from the Supreme Court include HR-2024-550-A. which involved the ownership of minerals. The landowner’s side was represented by SVW partners Øystein Nore Nyhus and Christian Reusch. From the insurance sector, HR-2024-2040-A is noteworthy ...
Overview As part of the 2020-2025 EU Gender Equality Strategy, the so-called Women on Boards Directive (Directive (EU) 2022/2381 of the European Parliament and of the Council of 23 November 2022 on improving the gender balance among directors of listed companies and related measures) was published in the Official Journal of the EU on 7th December 2022 ...
Three days after a motions panel on the Fifth Circuit Court of Appeals granted the government’s emergency motion for a temporary stay on a Texas district court’s nationwide preliminary injunction blocking the enforcement of the Corporate Transparency Act (“CTA”), a merits panel has vacated part of the motion panel’s order ...
It has been an interesting year. Trade, and therefore, shipping can only circumnavigate the persisting and many awful geopolitical challenges. The Shipping industry’s commitment to improvement continues, both introvert (governance) and extrovert (environment and social responsibility). The Norwegian shipping cluster pioneers still in those areas, not least on the development of technologies and infrastructure toward minimizing impact on the environment ...
Earlier this month, a Texas district court issued a nationwide preliminary injunction blocking enforcement of the Corporate Transparency Act (“CTA”). However, on December 23, 2024, the Fifth Circuit Court of Appeals granted the government’s emergency motion for a temporary stay of that order, allowing the CTA’s enforcement to proceed while the appeal is pending ...
By: Patricia Gannon, Esq. and Marcela Bermudez, Esq. A stopgap measure was signed into law by President Biden averting a federal government shutdown. A federal shutdown is possible if Congress cannot reach an agreement on a spending measure or stopgap by March 14, 2025. We will continue to monitor and advise as this develops. As a reminder, if a stopgap measured is not reached in the future, certain federal immigration functions will be temporarily suspended ...
Earlier this month, a district court in Texas issued a nationwide preliminary injunction against enforcement of the Corporate Transparency Act (“CTA”). On December 23, 2024, the Fifth Circuit Court of Appeals granted the government’s emergency motion for a temporary stay of the district court’s order and injunction pending appeal.[1] Pending further court developments, compliance with the CTA is currently required nationwide ...
Monika Machlik is one of Norway’s leading female chess players. She has been playing chess at a high level since she won the «miniputt» class in the national championship for girls at the age of ten, and made her debut on the national A-team at the age of fifteen. Monika is the reigning Norwegian champion in women’s blitz chess and has qualified to represent Norway at the upcoming World Rapid and Blitz Chess Championships in New York during the Christmas season ...
Seven Carey Olsen lawyers called to the Jersey Bar Lizzie Chamberlain joined Carey Olsen's banking and finance team in 2022 and acts for both lenders and borrowers on a range of debt finance transactions including real estate investment and development finance, investment funds financing and general corporate facilities. Julie Currie specialises in pensions ...
The story of the Captain Tom Foundation reinforces the basic point that a charity should not be established for the purpose of making money for private gain, even if that would not be the only reason for setting one up. For those of us who have been sitting in a tin can far above the world, by way of a brief recap in April 2020 Captain Tom inspired the nation, completing the challenge of walking 100 laps of his garden whilst recovering from illness and in tribute to the NHS ...
We are pleased to share the third edition of India Trade and Tax Scan, our monthly newsletter offering key updates, recent developments, and practical insights in trade and taxation. This edition features updates on Direct Tax, including developments under the Black Money Act and amendments to Central Excise Rules by the CBIC, along with significant changes in Goods and Services Tax (GST), judicial rulings, and international trade insights ...
