Latest Briefings

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).

Recommended

Communication break down

Tom O’Sullivan unravels one of the most complex transactions in UK corporate history, the breaking up and selling off of Cable & Wireless Communications to US cable group NTLThe Timescale 22 February Graham Wallace appointed as Cable & Wireless chief executive. Wallace opens internal talks about selling off some of the group’s interests including the […]

Flotations & Financing

Barlow Lyde & Gilbert has acted for the Bank of America National Trust & Savings Association on the extension of £40m syndicated asset and receivables backed revolving, swingline and letter of credit facilities to UK Steelstock. Bank of America acted as the agent and was advised by corporate and finance partners Graham Wedlake and Jonathan […]

Farrer & Co woos partners

ROYAL solicitors Farrer & Co is beefing up its private client base by poaching Stephenson Harwood’s head of corporate tax and swallowing the remainder of Rowe & Maw’s private client department. Stephenson Harwood partner John Carrell is heading for Farrers, where he will be joined by Rowe & Maw’s head of the private client department. […]

Taking shares as fees could pay dividends

In the week in which Dixons’ Freeserve became the first big new media flotation in the UK, having a stake in an IT company appeared to offer the promise of huge profits to come. Whether those who are surfing the stockmarket as well as the web will see those profits in the short term, of […]

Edge Ellison in plans to demote equity partners

EDGE Ellison partners may be stripped of their equity status if they fail to measure up to the “perfect partner” model drawn up by management. As reported exclusively in The Lawyer in June (7 June), the firm is replacing lock step remuneration with a merit-based system, which uses the “perfect partner” model to gauge performance. […]

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