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International Lawyers Network

The International Lawyers Network (ILN) is a leading association of 91 high-quality, full-service independent law firms.

Since 1988, the ILN has helped its members keep pace with today’s global economy, through access to the tremendous strength and depth of the combined expertise of 5,000 lawyers in 67 countries on six continents.

ILN member firms are among the most respected and most experienced counsel in their jurisdictions. Clients’ increasing need for reliable foreign counsel is well-met by the personalized, high-quality and cost-effective legal services provided by ILN member firms. Unique to the ILN are the strong personal and professional relationships among its members and their clients developed over the past 26 years. Far from a mere directory, the ILN is an affiliation of lawyers who gather on a regional and worldwide basis annually and work routinely with each other to address client requirements and needs.

Each of the ILN’s member firms is international in outlook and staffed by highly trained senior attorneys, who are experts in a broad range of practice areas. ILN members have demonstrated experience in working successfully with international companies. They are independent, mid-sized firms within their jurisdictions, and are committed to the focus of the International Lawyers Network, admitted to the Network only after a rigorous application process. The ILN provides clients with high-quality service from experienced local counsel who work in firms that maintain excellent reputations in their own countries. This means that clients have immediate access to attorneys who are native, both linguistically and culturally, to the country of interest.

The ILN’s international directory app is available for iPhone, Android and BlackBerry smartphones. To access the app, click here or log on to ILNmobile.com from your smartphone.

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ILN Today Post

Dumped and confused? There are very real risks associated with dealing with goods subject to dumping and countervailing measures

Originally published by Lloyds List Newspaper

As the numbers and size of dumping and countervailing measures have increased here and overseas so has the importance of the expertise to identify and manage the risks associated with those measures. That expertise needs to be held by exporters, importers and their service providers such as freight forwarders and licensed custom brokers as each of them face significant liabilities from transacting with goods subject to the measures. Unfortunately, at the same time that as those liabilities and risks increase, so does the pressure to avoid those measures. There is ample evidence both here and overseas of successful prosecutions of parties who have taken deliberate fraudulent steps to avoid measures.

It needs to be kept in mind that the liabilities can be extreme, including significant financial penalties as well as possible jail time.  It also needs to be kept in mind that parties willingly engaging in this manner of fraud in the export of goods from Australia to the US (for example) could face prosecution for a variety of offences both here and in the US.   Which is not a particularly attractive proposition. More…

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ILN Today Post

Responsible lending – an ongoing dilemma

Lenders and brokers face significant challenges to ensure that ASIC will be satisfied with their responsible lending processes.

How can licensees meet both customers’ immediate requirement and objective of a fast and easy approval, while at the same time meeting the legal obligation to enquire and verify information about ability to repay and the customer’s ‘underlying requirements and objectives’?

The Cash Store case demonstrated that courts will impose significant penalties on licensees who do not comply on a systemic basis.  The case demonstrated that generic statements about purpose will not be sufficient, and that more detailed enquiries and verification may be appropriate in respect of more vulnerable customers. More…

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ILN Today Post

Nominert til Advokatforeningens talentpris 2015

Advokatforeningens talentpris er en årlig pris for advokatbransjen. Utmerkelsen går til det advokatfirmaet som best evner å finne, vinne og utvikle juridiske talenter – uavhengig av kjønn, etnisitet eller andre ytre forhold. Juryen hadde møte den 22. april og har nominert 5 firmaer som er med i den videre konkurransen om prisen. En av de 5 nominerte er advokatfirmaet Økland. Les mer her

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Companies Act 2014 Seminars (27.4.2015)

Major company law reform and consolidation is taking place in the form of the Companies Act 2014 (the “Act”). The Act was enacted in December 2014. It is not yet in force but it is expected to be commenced on 1 June 2015 by Statutory Instrument. As part of our Corporate and Commercial Department’s education and awareness scheme George Kennedy, Senior Associate Solicitor, gave a presentation on the Act to the ACCA (the Associatio …

To View Entire Article  CLICK HERE…

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Lidings Receives Exceptional Recognition by Chambers & Partners Europe 2015

Reputable international ranking agency Chambers & Partners Europe has published the list of leading legal advisors in Russia based on the results of its annual research. The ranking recommends Lidings for Dispute Resolution, Corporate and M&A, and Life Sciences advice in Russia.

The firm is ranked among top dispute resolution practices in Russia following a number of precedent setting cases where it represented the interests of large financial institutions and industrial companies. “A new entrant in the rankings, this team advises a range of international clients on varied commercial disputes, predominantly on proceedings in the Russian courts. Particularly recommended for real estate-related cases”, states the directory. Head of dispute resolution at Lidings Andrey Zelenin received personal recognition in the ranking: “Practice head Andrey Zelenin is praised by sources for his “strategic advice.” In addition to dispute resolution, his broad practice encompasses corporate advisory work and assisting with matters related to the life sciences sector”.

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Charitable Gifts Involving Private Company Shares or Real Estate

Earlier this week, the federal government released its 2015 budget. The budget contains a number of proposals to amend the Income Tax Act, and also provides updates regarding previously announced tax measures. One of the proposed changes announced in the budget will be especially relevant to donors and registered charities.

Currently, when capital property is donated to a registered charity, the donor is generally entitled to a donation tax credit (if the donor is an individual) or deduction (if the donor is a corporation). However, unless the donor is eligible for an exemption, the donor also realizes a capital gain on the disposition of the property, which is subject to tax. The Income Tax Act includes exemptions from capital gains tax where the capital property donated is a gift of ecologically sensitive land, certified cultural property or publicly listed securities, but there is no capital gains exemption for gifts of real estate or private company shares.

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Week of April 20, 2015 on ILNToday – A Roundup!

We’re almost at the end of April (although it feels like winter outside), and it’s been another busy week here at the ILN. Our delegates are signing up like wildfire for our Annual Conference in Sicily at the end of May (can’t wait!) and we’re deep into planning our European Regional Meeting which will be in Glasgow in September. We’ve got a record turnout for next Monday’s IP group lunch, and our firms are churning out thoughtful content left and right.

On that note, here’s a roundup of this week’s articles from ILNToday:

 

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ILN Today Post

Shared parental leave

An employee (Mr X) has informed us that he intends to take an extended period of time off work to help to care for his baby when he/she is born in May. How should we respond to this request?

Eligible employees were previously entitled to take either one whole week’s or two consecutive weeks’ ordinary paternity leave (OPL) within 56 days of a child’s birth or placement for adoption and a further period of additional paternity leave (APL), of between two and 26 weeks in length, which was required to start 20 weeks, and end 12 months, after the child’s date of birth or placement for adoption. More…

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ILN Today Post

Cinemas as ACVs?

This article was previously published in Screentrade Magazine on 1 March 2015

Once closed, how may cinemas become ACVs, or ‘assets of community value’? What does it mean anyway, and what are the limitations and likely realities when enabling community groups to bid for these properties? 

There have seen some recent high profile examples recently of local community groups, taking advantage of a right enshrined in the Localism Act 2011, to apply for historic local buildings to be listed as an ‘asset of community value’ (ACV). This right, existing since September 2012, has been enthusiastically embraced by local communities. And whilst pubs have received more applications than any other type of building, cinemas – such as the Bexhill Playhouse, the Crystal Palace Rialto and the Stockport Savoy – have also been nominated. Once listed, the owner is unable to sell or lease the building for five years without first notifying the community group. There then follows a six-month moratorium, during which the owner may continue to market the property but it will be unable to sell (or lease) it to anyone other than the community group until the six month period is up. The moratorium is designed to give the community group time to raise finance to purchase the property. More…

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HOMS Dublin Office Move (24.4.2015)

HOMS are delighted to announce that on Tuesday, the 28th April 2015, our Dublin office is moving from its current location at 16 Hume Street to larger premises at 2 Ely Place in order to facilitate the ongoing growth and expansion of our Dublin practice.

We initially opened our Dublin office in March 2009 at 14 Hume Street with a view to targeting institutional banking and recovery work and institutional financial lines defence w …To View Entire Article  CLICK HERE…

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