Latest Briefings

Medicinal Cannabis: What the Nation Needs?

David Hardstaff and Ami Amin discuss an in-depth report on policy developments in the UK by the Conservative Drug Policy Reform Group (the CDPRG) In Part A: why is it still so hard for patients to access the drugs they need? On 23 April 2020, the Conservative Drug Policy Reform Group (CDPRG) published Part A […]

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 […]

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Mourant’s Pole vault

Global warming is no longer the biggest concern for the North Pole’s polar bears. Now the endangered not-so-cuddly critters face the calamity of an invasion of offshore lawyers. In Mourant du Feu & Jeune’s latest attempts to challenge offshore rivals Maples & Calder’s size or Conyers Dill & Pearman’s geographical spread, the Jersey-headquartered firm has […]

Stevens & Bolton breaches £300K PEP

Guildford-based Stevens & Bolton had a record year in 2006-07, with average profit per equity partner (PEP) pushing through the £300,000 mark. The firm posted a total revenue of £14.1m with a profit margin of 32 per cent, giving it a £4.5m net profit and a PEP of £305,000 for its 15 equity partners. The […]

K&L Gates acquires A&O’s old home

Kirkpatrick & Lockhart Preston Gates Ellis (K&L Gates) has agreed to move to Allen & Overy’s former offices at One New Change. The US firm’s London office, the bulk of which consists of the legacy Nicholson Graham & Jones, plans to take up to 142,000 sq ft of office space in the site adjacent to […]

Freshfields loses another IP partner

Freshfields has lost its second European IP partner in as many weeks, after Matteo Orsingher quit the Milan office to set up his own practice. Orsingher Avvocati Associati will launch at the start of July with four lawyers, focusing on IP and IT advice. Freshfields Italy managing partner Raffaele Lener said: “We regret Matteo leaving […]

RPC misses target after ‘difficult year’

Reynolds Porter Chamberlain (RPC) has failed to hit its projected £55m turnover, posting a flat result for 2006-07 of £52.9m. Average profit per equity partner at the all-equity partnership (one of the few left in the City) was also virtually flat, rising by less than £10,000 per partner, from £286,000 to £295,000. Chief executive Adrian […]

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