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Latest Briefings

Reform of the Community Infrastructure Levy

By Katherine Evans In March we reported on the government’s consultation on the reform of the current system of developer contributions. The government’s response to the consultation, released at the end of October, confirms that change is on the horizon. The key themes of the consultation were centred around a desire to make the system simpler and more […]

Court of Appeal rules on ATM rates

By Şenay Nihat Since 2013, retailers have had to pay non-domestic rates (‘Business Rates’) for automated teller machines (ATMs) built into the front of stores, rather than treating the ATMs as part of the store’s overall rating for valuation purposes. The Business Rates bill for the ATM was backdated to 2010, hitting retailers with significant […]

Proposed ban on flammable cladding – An update

By Adrian Mansbridge Following Dame Hackitt’s Review of the Building Regulations and Fire Safety the government announced that it would consult on banning flammable cladding. The consultation closed on 14 August 2018 and the housing secretary announced at the Conservative Party Conference that the ban would be brought forward.

Minister of Health, Welfare and Sport improves contracting process for healthcare

By Frank John Vrolijk, Aurélie Mingels On 9 November 2018, the Minister of Health, Welfare and Sport (VWS) informed the House of Representatives about the developments regarding the contracting process for care provision. The minister expresses his displeasure at the growth in the supply of non-contracted care in GGZ care and district nursing where this is […]

Recommended

Financing

Ian Clark of White & Case advised petroleum products distributor Dor Energy on its £50m offering on the Tel Aviv and London Stock Exchanges. Ashurst Morris Crisp advised lead underwriter BT Alex Brown. Israeli firms Goldfarb

Cleared ex-B&C director slams Treasury Solicitors and DTI

The Treasury Solicitor’s department has come under fire for its handling of disqualification proceedings it brought against John Gunn, the former chairman of collapsed company British & Commonwealth (B&C). Gunn was last month cleared in court of any wrongdoing and is now seeking hundreds of thousands of pounds of costs from the Department of Trade […]

Flotation

John Ellard of Linklaters advised Coca-Cola Beverages (CCB) on its £1.7bn flotation on the London Stock Exchange. Richard Cranfield of Allen & Overy advised sponsor Warburg Dillon Read. Ashurst Morris Crisp advised the directors of CCB and Slaughter and May advised San Miguel.

Property

Simon Cookson of Ashurst Morris Crisp advised NatWest on the £226m sale of the International Financial Centre, formerly the NatWest tower, to a partnership of three firms: Greycoat, advised by David Paterson of Herbert Smith; Mercury Asset Management, advised by Nabarro Nathanson; and Hermes, advised by Maxwell Batley.

City assistants beat inflation

ASSISTANT solicitors in the City are enjoying average pay increases of four times the rate of inflation, according to a survey conducted by recruiters Michael Page Legal, in conjunction with The Lawyer. The survey, of the top 200 firms in the UK, shows that solicitors are taking advantage of a seller’s market to receive average […]

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