Related briefings

Welcome protection for consumers of certain cryptoasset investments

By Gurprit Mattu The Financial Conduct Authority (‘FCA”) published its final rules for the banning of derivatives and Exchange Traded Notes (“ETN’s”) that reference unregulated transferable cryptoassets, such as Bitcoin, Ether, Litecoin, and Ripple. The rules apply to firms who are operating from or in the United Kingdom. The ban comes into effect on 6 […]

Planning conditions and access routes – DB Symmetry v Swindon BC

By Richard Humphreys QC Richard Humphreys QC (instructed by Jones Day) represented DB Symmetry Ltd (the appellant). The dispute was as to whether a planning condition required the developer to dedicate access roads as public highways or whether it merely regulated the physical attributes of the roads. The Court of Appeal held, allowing the appeal from […]

Court of Appeal gives judgment on the long residence rule

By Manjit S Gill QC, Edward Nicholson Do past or present periods of overstaying mean that a person who has otherwise remained continuously in the UK with leave for 10 years cannot qualify for indefinite leave to remain (ILR) under the Long Residence Rule in paragraph 276B of the Immigration Rules? This question is considered […]

Green light for mortgage repossessions

By Gurprit Mattu On 31 October 2020, the government ban on repossession hearings comes to an end. Lenders may commence or continue with repossession proceedings if appropriate. When is it appropriate? The Financial Conduct Authority (“FCA”) published further guidance on Mortgages and Coronavirus [1] which applies from 16 September 2020. It sets out that firms must continue to […]

Court dismisses challenge to decision granting planning permission for relocation of works at nuclear power station within AONB

By Leanne Buckley-Thomson Introduction Judgment in the case of Girling v East Suffolk Council [2020] 9 WLUK 348 was delivered on 1st October 2020 and it’s certainly one to add to your personal planning case book. The Claimant sought judicial review of the Council’s decision to grant planning permission for replacement facilities in respect of what is […]

Latest Briefings

Principles applicable to an ‘insolvent’ trust in Jersey

It is important that trustees understand their obligations if their trust structure comes under financial stress. Helpfully, the Jersey courts have provided guidance on the principles applicable to ‘insolvent’ trusts, which is likely to be highly persuasive in other jurisdictions.

Flexibility and teleworking

Flexible working is not a new concept in the UK, and it exists in a number of forms, both formal and informal.

The economic substance requirements for Jersey partnerships

The Taxation (Partnerships – Economic Substance) (Jersey) Law 202- was lodged with the States Assembly on 18 May 2021 and, if passed, is expected to come into effect from 1 July 2021 (with a six month transition period to 1 January 2022 for partnerships established before 1 July 2021).

Recommended

Reed Smith bags Nabarro trio for City funds launch

Reed Smith has launched a London investment funds practice with the hire of ­former Nabarro partner and barrister Dale Gabbert. Gabbert, who joins as a partner, will bring with him associates Winston Penhall and Matthew Pitman. He will advise funds including private equity, property and hedge funds on investment management, corporate and regulatory issues. Reed […]

Judge sides with DLA Piper in Bank of Scotland dispute

A dispute between the Bank of Scotland and a property development company will go-ahead as planned, despite attempts by the latter to vacate next year’s trial due to the availability of documents. Ventra Investments Limited (VIL) was a property development company that was placed into voluntary liquidation in March 2015. It brought claims against the bank […]

Shard

Greenberg reels in new partner from Stephenson Harwood

Stephenson Harwood is to lose another partner to a US outfit in the City, over a month after it was revealed that corporate finance partner Warren Allan is leaving for Proskauer Rose. Aircraft and rail finance partner Graeme McLellan is to join Greenberg Traurig. McLellan has been a partner in Stephenson Harwood’s asset finance team since […]

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