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Latest Briefings

Newsflash: Canary Wharf Brexit frustration dispute settled

By Gwendoline Davies, Martin McKeague We reported, in February this year, the High Court’s decision in Canary Wharf v EMA [1] that Brexit will not frustrate (and therefore effectively terminate) the European Medical Agency’s lease at Canary Wharf. The High Court’s decision was generally welcomed because, had the High Court found for the EMA, countless leases and commercial contracts […]

A new energy and carbon reporting framework is in force

By John Hamer, Debbie Jackson, Richard Naish, Daniel O’Gorman, Jo Stephenson A new energy and carbon reporting framework applies from 1 April 2019, following abolition of the CRC Energy Efficiency Scheme and the introduction of corresponding increases in rates of climate change levy. The Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations […]

Directors’ remuneration: New regulations are in force

By John Hamer, Debbie Jackson, Richard Naish, Daniel O’Gorman, Jo Stephenson The Companies (Directors’ Remuneration Policy and Directors’ Remuneration Report) Regulations 2019 have come into force. The regulations introduce new requirements in relation to a company’s remuneration policy and remuneration report. The Companies (Directors’ Remuneration Policy and Directors’ Remuneration Report) Regulations 2019 (2019 Regulations) came into […]

Consultation launched into corporate transparency and reform of the Companies Register

By John Hamer, Debbie Jackson, Richard Naish, Daniel O’Gorman, Jo Stephenson On 5 May 2019 the Department for Business, Energy and Industrial Strategy published a consultation on proposals to increase the transparency of UK corporate entities and to enhance the role of Companies House. The potential reforms would amount to the biggest changes to the UK […]

New proposals to make disclosure of distributable reserves mandatory

By John Hamer, Debbie Jackson, Richard Naish, Daniel O’Gorman, Jo Stephenson Concerns are mounting that the capital maintenance regime is being undermined and that the time has come for the disclosure of distributable and non-distributable reserves to be mandatory within a company’s audited accounts. Over the last few months there have been numerous reviews and consultations […]

Recommended

SJ Berwin bolsters finance with Addleshaws hire

SJ Berwin has beefed up its finance capability with the hire of partner Karl Woolley, one of Addleshaw Goddard’s key Allied Irish Bank (AIB) relationship partners. The hire bolsters SJ Berwin’s pan-European finance department to 13 partners, and is hoped to bring in a swathe of new client relationships. Woolley, who joined Addleshaws as a […]

Regulatory roundup

In an unprecedented move, the Court of First Instance overturned the European Commission’s decision to clear the merger between Bertelsmann Music Group (BMG) and Sony Music. The surprise decision, announced in July, was the first time clearance by the Commission has been reversed by the Court of First Instance. The move followed an application by […]

Bakers, CC handed SR technics sale roles

Baker & McKenzie and Clifford Chance acted in the SFr1.6bn (£690m) sale of technical services company SR Technics. A provider of technical services to aircraft, Zurich-based SR Technics was originally a subsidiary of Swissair, but was sold to private equity houses 3i and Star Capital in 2002. In the latest deal 3i and Star Capital […]

Kennedys management clash over Australian strategy

Senior UK management at Kennedys has clashed with its Autralian counterparts over proposals to create a network of offices in Australia. Kennedys launched its first Australian office in Sydney three months ago and have been in talks with Melbourne lawyers about opening another office, according to Asian Legal Business. Sydney managing partner Mark Doepel said: […]

Addleshaws, Trowers in shopping mall coup

Addleshaw Goddard and Trowers & Hamlins advised on the £126.1m sale of the historic Victoria Quarter Arcade in Leeds, the North’s high-end shopping destination. Built in 1898, the marble and mahogany-panelled arcade is home to retailers including Harvey Nichols, Louis Vuitton and Vivien Westwood, and contains the UK’s largest stained-glass window. The seller was property […]

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