In brief: Wragge & Co

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Latest Briefings

The meaning of occupation in the context of business rates

By Sophie Tracey, Lucy Shepherd In a decision that will be welcomed by property owners, a recent case has considered the meaning of ‘occupation’ in the context of business rates and has decided that the motivation for occupation is not relevant. Background Principled Offsite Logistics Ltd (POLL) applied for judicial review to challenge a local authority’s […]

Overage provisions helping landowners to ensure a fair price for its land

By Bhavesh Amlani, Michael Callaghan Overage provisions are a common feature of the development landscape, helping to ensure that a landowner receives a “fair” price for its land. Introduction Overage provisions give a landowner the right to receive a future payment following the sale of the property if the developer enhances the value of that property. […]

Luxembourg legitimising and embracing blockchain technology

By Bertrand Geradin What is the new securities law about? Since Bitcoin’s blockchain technology entered the mainstream, the crypto-currency market has boomed at an incredible rate. Blockchain – the underlying distributed ledger technology behind Bitcoin – has the power to disrupt many industries, and in particular to revolutionize the security of ownership. Luxembourg has opted to […]

CJEU allows full deduction of VAT on aborted transactions

VAT on abort costs in case of an unsuccessful takeover bid is deductible, provided the buyer intended to supply management services for consideration to the target company. This was ruled by the Court of Justice of the European Union (“CJEU”) in the Ryanair case (C-249/17) issued on 17 October 2018. Facts of the case Ryanair […]

Legal compliance matters to consider for E-Commerce market

By Jocelyn S Paulley The barriers to entry to the world of retail have reduced significantly with the rise of e-commerce. This is not a single route to market as the e-commerce world has developed its own structures, such as selling through aggregators, platforms, highly curated markets, as well as simply through a brand’s own […]

Recommended

Litigation work set to explode in new year

Litigation work is set to rise in the new year because claimant firms are delaying difficult cases until they get used to the Woolf reforms, a leading defendant personal injury lawyer says. Martin Bruffell, president of the Forum of Insurance Lawyers and partner at Berrymans Lace Mawer, says the 25 per cent fall in litigation […]

A taxing time for windfall payments

Patrick Mears, head of the tax department at Allen & Overy Heather Gething, a tax partner at Herbert Smith Dominic Stuttaford, tax partner at Norton Rose Scottish Widows is appealing to the Inland Revenue over the amount of windfall tax its members are liable to pay upon demutualisation. Members of the organisation, which was recently […]

Norton Rose to advise on solicitor insurance

Norton Rose has been appointed by the Law Society to advise on a new solicitors insurance scheme. The firm will look at legal issues underpinning the Solicitors Indemnity Fund (SIF), which the Law Society plans to scrap next year. The City firm won a Law Society beauty parade for the lucrative work. James Bateson, a […]

Freshfields' Dutch office steps up poaching spree

Freshfields is continuing its aggressive expansion in The Netherlands by poaching two more partners – this time from Allen & Overy’s proposed Dutch merger firm Loeff Claeys Verbeke. Top corporate lawyer Jan Willem van der Staay and leading intellectual property litigator Hubert Harmeling are expected to join Freshfields’ Amsterdam office once they have negotiated departure […]

It's been a good week for…

Mishcon de Reya’s head of sport Tony Morton-Hooper whose client, UK double World Champion triathlete Spencer Smith, has been given the all clear by the International Triathlon Union’s Appeal Board. However Smith, who allegedly tested positive for the drug nandrolene, may face another challenge from the sport’s governing body in the USA at the Court […]

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