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 […]

Recommended

Lovells’ BAT letter to remain confidential

Lovells litigation partner Andrew Foyle received a reprieve last week after a US appeal court ruled that British American Tobacco (BAT) did not have to hand over a potentially damning internal memo written by Foyle. The decision by the Washington DC Court of Appeals overturned an earlier order from Judge Gladys Kessler, who is hearing […]

Withholding a grudge

Slaughter and May has worked some magic with Goldman Sachs. It is not every law firm that can act against a powerful US investment bank on über-hostile bids such as Six Continents and Marks & Spencer (M&S) and yet still get lucrative referrals from the same source. On the M&S bid, the retailer’s chief executive […]

Goldman Sachs bins paper billing

US investment banking giant Goldman Sachs is taking an innovative step in managing its external legal costs by moving away from traditional paper billing. After a six-month consultation process, Goldman has rolled out a system, in conjunction with Herbert Smith, which will enable the bank to receive electronic bills. The system allows bills, together with […]

Freshfields in straight-to-equity hire

Freshfields Bruckhaus Deringer’s Paris office has hired Shearman & Sterling finance counsel Linda Hesse and broken with tradition by allowing her straight into the firm’s equity. US-qualified Hesse was a European counsel at Shear-man, where sources say she was a partner in all but name. However, Freshfields Paris has never before hired a new partner […]

The writing’s on the wall

Law firm merchandise is popping up all over London. Following on from the spotting of an Eversheds pen in Tesco earlier this year, Tulkinghorn was intrigued to discover a similar model hailing from Reynolds Porter Chamberlain (RPC) in his local Sainsbury’s. Granted, this was no recent specimen, but an older RPC model decorated with the […]

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