Latest Briefings

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 […]

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 […]

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Promotions down at Mayer Brown as two make partner in London

Mayer Brown as two make partner in London” />Mayer Brown has responded to the economic slump by making up just two new partners in London, in contrast to the 10 promoted last year. The firm has invited construction litigator James Fielden (pictured) and insurance specialist Andrew McGahey to join the partnership in the latest round […]

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Lovells’ Seisler steps down as Euro chief after bid for top spot fails

Lovells Continental Europe head Harald Seisler has stepped down after an unsuccessful campaign to become managing partner. Lovells Continental Europe head Harald Seisler (pictured) has stepped down from the role after running an unsuccessful campaign to become firmwide managing partner. As reported on TheLawyer.com (17 Nov 2008) Seisler’s bid to win the top job failed […]

Camerons seeking bigger Square Mile HQ

CMS Cameron McKenna has begun the search for a new office in the Square Mile to replace its Mitre House premises. The lease on Camerons’ current building runs out in 2015 and the firm is considering a pre-let on a new building in the City. The firm has hired real estate adviser CB Richard Ellis […]

Claiming up

Apparently the reason that some consultations are dragging on is because of the number of grievance procedures in place. As already mentioned, a raft of unfair dismissal claims is bubbling under the surface (see post). On the whole these are from individuals who feel they have been accused of underperformance by managers wanting to avoid […]

Davis Polk advises Citigroup on US government bailout

Davis Polk & Wardwell has scored another credit crunch-related mandate, advising US bank Citigroup on its $20bn (£13.4bn) government bailout. Davis Polk partners Gar Bason, Randall Guynn, Louis Goldberg and Avishai Shachar are leading the team acting for the bank. Cleary Gottlieb Steen & Hamilton is advising the US Treasury on the deal. The move […]

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