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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Ben Douglas-Jones

Conspiring to define conspiracy to defraud

A recent Crown Court case featuring the SFO has clarified the laws surrounding conspiracy to defraud Company directors who design and pursue a lawful transaction designed to remove from the company hefty future obligations do not conspire to defraud those who might be financially affected by their doing so. That was the conclusion of Mr […]

London

Stephenson Harwood and Travers Smith advise on P2PGI IPO

Stephenson Harwood and Travers Smith took key roles on the launch and flotation of peer-to-peer (P2P) loans business P2P Global Investments (P2PGI) on the London Stock Exchange’s main market. The IPO has made P2PGI the first ever UK-listed company dedicated to investing in loans originated by global P2P and online lending platforms. P2P lending platforms […]

Allen & Overy advises on $5.5bn STAR Rafineri project financing

Allen & Overy has advised on on the $5.5bn (£3.3bn) STAR Rafineri project financing — Turkey’s largest ever project financing. The firm said that the STAR Rafineri underlined growing demand from lenders to participate in Turkish infrastructure and energy financings. According to Allen & Overy, the deal was not only significant because of its size, but […]

London

Slaughters dominates stock market rankings despite Pinsents playing catch-up

Slaughter and May continues to advise more stock market clients than any other firm, with 119 currently on its books. Firms including Pinsent Masons, Herbert Smith Freehills, Carey Olsen and Linklaters made gains during the last quarter, according to the latest statistics from Adviser Rankings.  For the period between 6 February and 8 April 2014, […]

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