Latest Briefings

Medicinal Cannabis: What the Nation Needs?

David Hardstaff and Ami Amin discuss an in-depth report on policy developments in the UK by the Conservative Drug Policy Reform Group (the CDPRG) In Part A: why is it still so hard for patients to access the drugs they need? On 23 April 2020, the Conservative Drug Policy Reform Group (CDPRG) published Part A […]

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 […]

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CC bolsters Tokyo with corporate appointment

Clifford Chance has not let Cleary Gottlieb Steen & Hamilton’s troubles cast doubt on its ambitious plans for Tokyo. The firm has strengthened its offering in Japan with the hire of New Zealand M&A star Paul O’Regan from Chapman Tripp as its new head of corporate in Tokyo. O’Regan, who has been a partner with […]

Human rights take a beating as Egyptian president flaunts law

Despite promises of reform, the rule of law in Egypt is far from guaranteed. President Hosni Mubarak continues to suppress political opposition as he has for many years, and his opponents face intimidation and arrest. However, recent demonstrations in support of two judges whose calls for judicial independence and corruption-free elections have angered the government […]

Kirkland hit by exit of restructuring star Sprayregen

US firm Kirkland & Ellis has been rocked by the departure of Chicago-based superstar and head of bankruptcy and restructuring James Sprayregen. Sprayregen, who has been with the US firm for 16 years, will leave the firm early next month (July) to join Goldman Sachs in a non-legal role. He will help lead the bank’s […]

Italian stock exchange appoints Chiomenti for Euronext merger

Italian stock exchange Borsa Italiana has appointed Chiomenti Studio Legale as its sole legal advisor for talks with Euronext bosses about a possible merger. Borsa Italiana Chairman Angelo Tantazzi and CEO Massimo Capuano had their first meeting with Euronext CEO Jean-François Théodore and board member Olivier Lefebvre today (6 June). A Chiomenti partner, thought to […]

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CC, Sullivan and W&C take on Eurotunnel restructuring

A trio of firms have secured the mandate to advise Goldman Sachs and Macquarie on the ongoing Eurotunnel restructuring. Clifford Chance and Sullivan & Cromwell have been instructed to advise the banks, which are hoping to finance a deal to slash Eurotunnel’s debt from £6.2bn to £2.9bn. The Goldman and Macquarie proposal was unveiled by […]

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