…as SFO drops £10m action

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Latest Briefings

Polish law considerations: advance amount versus earnest money

This article is to discuss legal issues that may arise under Polish civil law in connection with the conclusion of a preliminary sale agreement and payment by the purchaser prior to execution of the final sale agreement of the amount which may be classified, depending on the parties’ decision, either as an earnest money (in […]

Poland reforms law to facilitate business activity

As of 30 April 2018, a package of five legal acts adopted on 6 March 2018 aimed at facilitating business activity entered into force in Poland. The legal acts are: Entrepreneurs Law Act;  Act on Ombudsman for Small and Medium-sized Entrepreneurs; Act on the rules for participation of foreign entrepreneurs and other foreign persons in […]

HMRC loses in specie contribution claim before the FTT

By Patrick Shee Self-Invested Personal Pensions, or SIPPs, have been under HMRC’s microscope for a number of years, but in a recent decision the First Tier Tax Tribunal (FTT) ruled against HMRC, finding that Relief at Source (RAS) for non-cash or in-specie contributions should be given to individuals. In Sippchoice Limited v HMRC [2018] UKFTT 12 the […]

The Health and Safety Sentencing Guidelines and their effect on business

By Adrian Mansbridge New Definitive Sentencing Guidelines for health and safety offences came into force on 1 February 2016; since then, there has been a significant increase in fines. What is clear from our analysis is that efforts by government to deregulate and reduce the burden of health and safety compliance have, from a financial […]

Mozambique: New regulations on compulsory social security

By Sonia Reis and Neylla Gulamhussen Decree no. 51/2017 of 9 October was approved as a result of the new challenges of Compulsory Social Security and seeks to adapt it to the current social situation. To achieve this, the Decree approves the Compulsory Social Security Regulations and came into force on 8 January 2018. The new […]

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GreenWorks set for host of law firm moves

With a host of law firms currently on the market for a new home, not-for-profit organisation GreenWorks looks set to have a bumper year. The organisation is responsible for removing redundant office equipment and redistributing it to worthy groups in need. Last year, the company redistributed 650 tonnes of furniture from Clifford Chance’s former office […]

Orrick pounces for former Winston & Strawn chief

US firm Orrick Herrington & Sutcliffe has swooped for Alan D’Ambrosio, a former senior partner of Winston & Strawn. D’Ambrosio joins the firm as a partner in Orrick’s New York corporate practice. His practice will focus on IT and outsourcing and European corporate work. D’Ambrosio’s European experience has mainly been advising French and Italian companies […]

Steel Hector indignant as judge condemns $92m client payout

Steel Hector & Davis has defended its conduct after being slammed by US District Judge Alan Gold in relation to perceived conflicts arising out of its involvement in a controversial $92.3m (£48.8m) payment to top executives of utility company FPL Group. The Miami giant was appointed by a committee created by FPL’s board in the […]

Speechly hires ex-Mayer construction partner

Speechly Bircham has picked up its second lateral this year after recruiting a former Mayer Brown Rowe & Maw construction partner. David Gwillim joined Speechly after more than five years at Mayer Brown. He handles specialist contracting disputes on UK and international infrastructure, transport and reclamation projects, with clients including Cleveland Bridge & Engineering and […]

Sidley considers hedging

Sidley Austin Brown & Wood is among a number of US firms exploring the possibility of entering into commercial hedging contracts to protect its partners’ compensation against any future decline in value of the dollar. A Sidley source said that the firm is in the throes of reviewing how to protect the pay packets of […]

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