A necessity or an extravagance?

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Countdown to Brexit series what should you be doing now?

By Shakeel Dad, Charlotte Smith Careful workforce planning is key to ensuring that your business has the necessary resource to keep delivering through this period of uncertainty. We look at some of the employment issues to bear in mind when assessing your next steps. Need more staff? Given the uncertainty of the status of EEA […]

Further important developments to when receivers can take possession of a property

By Karl Anders, Zoe McLean-Wells, Owen Ormond We reported in our April edition of Receivership Matters that a County Court had held that a Fixed Charge Receiver could bring proceedings in the name of the borrowers against the borrowers to recover possession of their own property. Again as reported, leave to appeal the decision was granted and the appeal […]

VAT guidance for LPA receivers

By Owen Ormond In August 2018 we published an article entitled LPA Receivers and the truth about VAT which explained the legal position in relation to Receivers and the collection and payment of VAT. Recently, the Association of Property and Fixed Charge Receivers (NARA) has produced an updated Guidance Note 6 Value Added Tax which sets out current industry […]

A right old mess! Practical problems arising from ‘Right to Manage’ legislation

By Karl Anders Why is this case of interest? In the recent case of FirstPort Property Services v Settlers Court RTM Company Limited [1], the Upper Tribunal considered some significant issues which can arise on multi-block estates as a result of ‘Right to Manage’ (RTM) legislation. The Commonhold and Leasehold Reform Act 2002 allows qualifying long leaseholders […]

RICS market survey shows that positivity has leaked out of the housing market

By Zoe McLean-Wells, Karl Anders The August 2019 RICS Residential Market Survey results point to a renewed deterioration in sales expectations over the near term, with survey respondents predicting a further decline in activity over the three months to come. Brexit uncertainty is unsurprisingly a significant factor causing the hesitation for both buyers and sellers. The […]

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Flotations

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Financing

Wilde Sapte advised Citibank on its $123m loan to South African mobile phone operator Mobile Telephone Network. Freshfields advised Mobile Telephone Network.

Watson Farley hires

Watson Farley & Williams has recruited Weil Gotshal & Manges associate Clifford Neimeth as a partner for its New York office. Meanwhile, Watson Farley in London has poached shipping partner Jonathan Kellett from Berwin Leighton as part of what the firm called a “continued commitment to broadening its practice in the Scandinavian and Baltic shipping […]

HK criminal lawyer on trial for drafting false affidavit

A LEADING Hong Kong criminal lawyer has been sent to trial accused of drawing up a false affidavit in a corrupt deal with a former Hong Kong government prosecutor. Geoffrey Booth, a UK-qualified partner at leading Hong Kong criminal firm Haldane Midgley & Booth, was charged with intending to pervert the course of public justice […]

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