Blackstone silk rebuffed in bid to fight Singapore JR battle

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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 […]

Recommended

Firms count down to the ASEAN Economic Community

With the introduction of the Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) little over a year away, firms in the region are positioning themselves to take advantage of the opportunities a unified market will bring. Singapore’s WongPartnership has extended its ASEAN footprint , Thailand’s Tilleke & Gibbins has expanded into Laos, Myanmar and […]

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Former Pannone FD Anthony Clare fined by FCA

Legacy Pannone financial director Anthony Clare has been fined £208,600 by the Financial Conduct Authority (FCA) following an investigation into mis-selling at insurer Swinton. Clare was finance director at Swinton for six years between 2005 and December 2011. As well as incurring the fine, which was discounted by 30 per cent from £298,100 for early […]

City

Baker & McKenzie, CMS and Taylor Wessing line up for Gherkin sale

Baker & McKenzie, CMS Cameron McKenna and Taylor Wessing have all advised on the £700m sale of the landmark Gherkin building to the Safra Group controlled by Brazilian billionaire Joseph Safra. Baker & McKenzie global co-heard of financial restructuring and insolvency Ian Jack led the team advising receivers Deloitte on the corporate elements of the […]

Herbies new senior partner: a two-man race between Sydney and London

By the time you read this, Herbert Smith Freehills (HSF) will have a new senior partner. The vote for senior partner, which closed at noon today, saw a four-man race reduced to just two, after London head of litigation Tim Parkes and Moscow-based EMEA managing partner Allen Hanen dropped out. This is the second time […]

Brandon

Mark Brandon: Are independent lateral hire checks worth it?

They cost up to £20,000 and put firms at risk of losing their preferred candidate yet more are taking up the service. There is a growing tendency among law firms to undertake independent due diligence on their lateral partner hires. It works like this: at offer stage, the firm will pay an outside organisation, usually […]

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