Latest Briefings

Approval of liquidator’s remuneration: a tale of two reporters

A recent Sheriff Court judgment is the latest decision to consider the role and remit of the court reporter in a liquidation which, unusually, involved the court appointing two reporters. In Scotland, the Insolvency (Scotland) (Receivership and Winding Up) Rules 2018 provide that where there is no creditors committee, the remuneration of a liquidator shall […]

Variation to an office lease to allow use as a private members’ club

The Upper Tribunal has allowed a variation to a lease that restricted the use of a property to office use (with minor residential use) so that the tenant could implement a planning permission to convert the property into a private members’ club. Background A user clause in a lease is a restrictive covenant. If the […]

Tax now payable much sooner following a disposal of residential property

From 6 April 2020 significant changes will be made to the deadline for paying capital gains tax (CGT) and filing tax returns in respect of disposals by individuals and trusts of UK residential property. Taxpayers and advisers need to be aware of these changes now. UK property disposals prior to 6 April 2020 Previously, UK […]

Coronavirus job retention scheme: pensions aspects

When considering how to use the coronavirus job retention scheme (CJRS), employers may be wondering what this means for pension contributions and auto-enrolment obligations. This update considers some of the issues. How the CJRS works To access the CJRS an employer will need to designate affected employees as furloughed workers, notify the employees of this […]

Competition law – welcome guidance in a time of crisis

The Competition and Markets Authority (CMA) has published helpful guidance on how it will apply competition law in light of COVID-19. Meanwhile, the government has taken the unprecedented step of relaxing competition law in certain sectors. In the round, these developments offer welcome guidance and comfort – but they also serve as a timely reminder […]

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Yo! Sushi seeks first legal panel as empire expands

Japanese restaurant operator Yo! Sushi is to set up its first panel of law firms in order to meet the growing needs of its business The company, which brought conveyor-belt sushi to the UK, has appointed Meena Heath of consultancy Genesis Coordination to set up a panel of lawyers after she approached Simon Woodroffe, the […]

Eversheds instructed by Comet

Eversheds has beaten off competition from at least three law firms to be appointed as the sole adviser on employment for electrical goods retailer Comet Group The firm was invited to pitch despite the employment group having no previous relationship with Comet. Partners Owen Warnock and Peter Norbury led the pitch and have since set […]

MEPs ditch Euro IP court for national alternative

Members of the European Parliament (MEPs) are trying to water down a strongly centralised EU ‘community patent’ system that would grant jurisdiction over disputes to a new EU intellectual property court The European Parliament’s legal affairs committee is calling for national courts to be given the job.The move should dismay the European Commission, which has […]

MG Rover turns to Eversheds in joint venture with Chinese manufacturer

Eversheds has advised MG Rover Group on a deal that could safeguard thousands of jobs in the UK and which will eventually lead to the creation of two new cars.The Eversheds team acted on a new joint venture between Rover and China Brilliance Industrial Holdings, a vehicle com-ponent manufacturer and sales specialist with an annual […]

Cuatrecasas to share profits and blend teams with Iberia alliance

Spanish firm Cuatrecasas is set to share profits and create joint practice teams with the members of its Iberian alliance The alliance, CGMP, is developing common teams of lawyers working in M&A and tax. The firms will share almost 10 per cent of their combined profits.CGMP contains Cuatrecasas, Portuguese firm Gonçalves Pereira, Brazilian firm Machado […]

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