Latest Briefings

Permission in principle – growth, renewal, protect

The biggest shake up of the planning system since 1947 continues apace with the announcement, on 2 August, of government plans to create an automatic green light for development within specifically designated areas of the country.

Setting aside company transactions involving Jersey, Guernsey and BVI companies

Financial pressure can change perspectives on transactions – whether through the lens of an insolvent winding up, in the context of a counterparty or related interested party exploring ways in which they might unravel a transaction, or a new board considering whether a company can extricate itself from contractual arrangements that appear to have been subject to a conflict of interest or which were for an improper purpose.

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Edinburgh

Burness Paull approves ‘significant’ partner cash injection

Burness Paull has completed a multimillion-pound fundraising round, in which the firm’s top equity partners were asked to double their capital stakes to £300,000. The firm voted through the cash call in April, as partners opted to inject cash into the business rather than raise bank borrowings. Burness Paull has also reduced monthly drawings by […]

royal courts of justice

Covid-19 triggers rise in commercial court settlements

The commercial court is experiencing a significant hike in settlements, with the rate of parties reaching out-of-court agreements up by 15 per cent. The court’s analysis revealed that this year’s settlement rate is close to 75 per cent, as opposed to a normal percentage that sits between 60 and 65 per cent. The figures, as […]

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