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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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Cadwalader creates flood risk bond to protect City

US firm Cadwalader Wickersham & Taft has been instructed to advise on the world’s first bond designed to protect London’s business districts from large-scale flooding. The flood bond, which was launched on the capital markets earlier this month, was structured by Swiss Re, which was advised by panel firm Cadwalader, for an arm of German […]

Simmons’ Spanish tie-up seals deal with Acciona

Simmons & Simmons has scored a deal with blue-chip Spanish client Acciona Energia one month into the firm enlarging its Spanish operation. This is the first deal Simmons has advised Acciona on outside the UK, with the instruction coming via a recommendation from the London office. Acciona acquired solar power plant Amper Central Solar from […]

Scottish Executive dumps Camerons, McGrigors and S&W

CMS Cameron McKenna, McGrigors and Shepherd & Wedderburn have all lost their places on the Scottish Executive’s slimmed-down legal panel after the executive arm of Scotland’s parliament concluded its review last week. Three firms – Camerons, Burness and MacRoberts – were not among the 14 invited to tender when the review process began last December. […]

Speechly IP/IT dept buoyed by Hammonds, Manches raids

Speechly Bircham has relaunched its IP practice with the double hire of Manches’ and Hammonds’ IP chiefs, Alex Carter-Silk and Paul Harris. The move signals the firm’s intention to compete with established IP firms following the hire of Faegre & Benson IP/IT chief Robert Bond in October 2006, who is charged with leading the expanding […]

It’s not about PQE, you see

The inexorable rise of associate power has reached Arnold & Porter. The inexorable rise of associate power has reached Arnold & Porter. As we reveal today (see story), the firm has addressed the topical issue of age discrimination by removing any direct reference to seniority in its remuneration structure. Well, as London admin partner Tim […]

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