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Latest Briefings

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 […]

The Health and Safety Sentencing Guidelines and their effect on business

By Adrian Mansbridge New Definitive Sentencing Guidelines for health and safety offences came into force on 1 February 2016; since then, there has been a significant increase in fines. What is clear from our analysis is that efforts by government to deregulate and reduce the burden of health and safety compliance have, from a financial […]

Mozambique: New regulations on compulsory social security

By Sonia Reis and Neylla Gulamhussen Decree no. 51/2017 of 9 October was approved as a result of the new challenges of Compulsory Social Security and seeks to adapt it to the current social situation. To achieve this, the Decree approves the Compulsory Social Security Regulations and came into force on 8 January 2018. The new […]

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Baker Botts raids Dewey Ballantine for corporate hire

Baker Botts’ London office has poached a corporate partner from Dewey Ballantine. Andrei Yakovlev, who joined the firm today (3 July), will contribute to Baker Botts’ efforts to expand its corporate practice in Eastern and Central Europe. Walt Smith, managing partner at Baker Botts, said: “Andrei’s international debt and equity transactional experience will provide our […]

McDermott raid sparks change at Lovells Italy

Lovells has seen a number of changes in its Italian presence following the departure of two lawyers to McDermott Will & Emery. McDermott, which split from Italian firm Carnelutti last year, will launch a competition capability in the peninsula with the addition of Veronica Pinotti. Although Pinotti was a senior associate at Lovells, she had […]

Brazilian IP firm splits as founding partner lures 22 to start-up

Brazilian firm Di Blasi Parente Soerensen Garcia & Associados has split in two, forming new IP firm Soerensen Garcia Advogados Associados. Founding partner Mario Soerensen Garcia left with 22 attorneys to set up his new firm, which has offices in Rio de Janeiro and São Paulo. Soerensen Garcia said: “At the other firm we were […]

Foot Anstey nets double-digit growth in PEP and turnover

Foot Anstey had another strong year in 2006-07, posting a growth in turnover of 11 per cent to £16m. Average profit per equity partner at the West Country firm performed even better, rising by 24 per cent to £182,000, with a net profit of £3.6m. The equity spread last year ran from £137,000 to £227,000. […]

Herbies scoops £12.8bn Blackstone deal for Hilton

Herbert Smith has scooped a role on the Blackstone Group’s $26bn (£12.8bn) acquisition of the Hilton Hotels Corporation, one of the private equity house’s first major transactions since listing on the New York Stock Exchange last month. Herbert Smith London-based corporate partner James Milne and real estate partner Simon Price advised Blackstone on the UK […]

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