Latest Briefings

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 […]

Leading and adapting in challenging times: managing a newly remote team

The dynamics of a previously high performing team will shift in response to the recent working from home directive. As leaders we need to understand the factors that will impact even the most resilient and high performing colleagues. It’s likely that high-performing employees may experience varying levels of performance and engagement when they begin working […]

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Macfarlanes’ figures hit by credit crunch

Macfarlanes‘ figures hit by credit crunch” />Macfarlanes has achieved a modest 6.7 per cent rise in revenue but failed to increase its average profit per equity partner. In the firm’s latest financial results, turnover increased to £110m from £103m last year, while PEP remained static at £1.1m. Senior partner Charles Martin put the profit figure […]

CMS and Dentons Finnish up at rugby

CMS and Dentons Finnish up at rugby27-June-2008What are you doing this weekend? Out on the tiles? Catching up with the kids? Or just grouting the bathroom? Whatever you’re doing, it’s not likely to be playing rugby at, er, midnight, in Finland. What are you doing this weekend? Out on the tiles? Catching up with the […]

Cox takes over as Herbert Smith real estate chief

Herbert Smith has appointed Ian Cox to the role of head of real estate. Iain Rothnie, the incumbent, will stand down on 1 July after two and a half years in the post. Rothnie will now focus on developing the practice internationally and building up links with sovereign wealth funds. Rothnie, who was previously executive […]

Bad review prompts SFO to create GC-style role

The Serious Fraud Office is to create a general counsel-style role in response to a scathing review that branded the organisation as lacking clarity, focus and management. The Serious Fraud Office (SFO) is to create a general counsel-style role in response to a scathing review that branded the organisation as lacking clarity, focus and management. […]

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Herbies City corporate man to lead Singapore

Herbert Smith has appointed a London corporate partner to head its Singapore office. Austin Sweeney, who begins a three-year term in August, will report to Asia head Ashley Alder. He takes over from corporate partner Veronica O’Shea, who has been managing partner of the Singapore office since 2004 and will return to full-time client work. […]

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