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Latest Briefings

Mozambique: Government go-ahead for spectrum auction

The Mozambique Government has recently published in the Official Gazette Resolution no. 12/2018, of April 25, determining the authorisation for the launch of an auction procedure for the grant of rights of use of radio frequencies in the 800MHz, 1800MHz and 2600MHz bands. The base bidding prices shall be set by a Joint Order to […]

New compulsory Bermuda bye-law filing requirements

The Companies Amendment Act, 2018, which is deemed to have come into operation on 21 March 2018, amends the Companies Act, 1981 as regards the filing of information contained in bye-laws and applies to all Bermuda companies having a share capital. Under transitional provisions, all such companies will have a period of six months from […]

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 […]

Recommended

Lord Woolf admits ADR need rethink

The Lord Chief Justice Lord Woolf has admitted that his 1999 reforms have not gone “nearly far enough” Lord Woolf believes that his plans to encourage litigants to resolve disputes by alternative dispute resolution (ADR), the centrepiece of his reforms, is “going to take a substantial period of time until we get where we really […]

Altheimer and BDO create sports group

US firm Altheimer & Gray is set to team up with accountancy firm BDO Stoy Hayward to launch a new sports practice group The two professional services firms are already close: BDO audits Altheimer’s books and Altheimer provides corporate advice to the accountancy firm. “It’s taking the concept of cooperation one step further. We’re not […]

Opinion

If managing a law firm has traditionally been described as herding cats, how will practices survive when lawyers suddenly multiply like bunnies? With the FTSE 100 at a six-year low, an uncertain property market and pension plans in tatters, partners can no longer expect, or afford, to retire at age 55 or 60. The effect […]

Freshfields drafts new Bahrain legislation after CC conflicted out

Freshfields Bruckhaus Deringer has been appointed by the Bahrain Monetary Agency (BMA) to draw up new legislation after Clifford Chance was conflicted out because it is drawing up regulations governing the new Dubai International Financial Centre. The appointment came from Freshfields’ relationship with the Bahrain government. The firm will assist in drafting an expanded supervisory […]

That's a bit rich

Oh the irony of it all. In the same week that KPMG-tied firm KLegal decided the fate of 30 trainees by pulling their names out of a hat, Tulkinghorn was surprised to receive a press release from McGrigor Donald, the Scottish firm with which KLegal merged earlier this year, boasting of the success of its […]

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