Berwin Leighton and Paisner face equity share headache

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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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Music Choice

Music Choice Europe floats on London Stock Exchange main list. Issuer advised by Olswang (Stephen Hermer). Sponsor, financial adviser and stock broker Investec Henderson Crosthwaite advised by Nabarro Nathanson (Iain Newman).

Post Office set to revise international legal panel By Dearbail Jordan

The consolidation of its international legal coverage is expected to begin early next year. The move comes after The Post Office reduced its UK regional panel from 40 firms to four and its City firms from 12 to two practices in April this year. The Post Office currently uses Slaughter and May and CMS Cameron […]

B&M hires head of tax from KPMG By Anne Mizzi

Partner Isabel de Otaola y Ubieta has joined the firm from KPMG’s Spanish law firm to take over leadership of the Madrid-based tax team. The position she fills became vacant following the departure of Abelardo Delgado to Arthur Andersen’s law firm Garrigues & Andersen, which has 43 tax partners. Otaola y Ubieta specialised in acquisitions […]

Law firms offering legal aid halved

Only 5000 law firms won contracts to offer legally aided initial advice and legal assistance in civil cases under the new scheme launched by the Lord Chancellor’s Department yesterday. Under the old system, more than 11,000 firms were entitled to offer such advice. The Law Society has reacted with fury to the cuts, claiming that […]

Macfarlanes scoops Schrager work

Macfarlanes‘ hotels and leisure group has advised Ian Schrager London on the £105m refinancing of bank facilities for the development of its two landmark hotels, the Sanderson Hotel and St Martin’s Lane Hotel. New York-based Schrager is primarily a property and development client of the firm. The relationship was developed by property partner Chris Field […]

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