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Latest Briefings

Plastic ban on 36 major railway stations

On 22 January 2019, the National Green Tribunal, Principal Bench, New Delhi (NGT) in the case of Saloni Singh & Anr v Union of India & Ors (OA No. 141 of 2014) inter alia, directed the Railway Administration, Ministry of Railways, Government of India (Railway Administration) to develop ‘eco-smart stations’ which would serve as model […]

Summary of Guernsey Taxation

This document summarises certain key aspects of Guernsey taxation law for the calendar year 2019. Companies tax resident in Guernsey are subject to income tax on their worldwide income. A company is tax resident in Guernsey if: it is incorporated in Guernsey; it is incorporated outside of Guernsey but is “centrally managed and controlled” in […]

Leasehold market reform on a ground-breaking scale

By Karl Anders, Louise Power, Steve Nixon Walker Morris has monitored and periodically reported on the Government’s review of perceived unfairness within the leasehold market and the potential reinvigoration of commonhold as an alternative to leasehold ownership [1].  On 19 March 2019 the Housing Communities and Local Government Committee (HCLGC) published a report which offers wide-ranging and ground-breaking […]

Legislation in one minute: SIGI

By Pedro Simoes Coelho, Carlos Couto The real estate investment trusts (“SIGI”), approved by Decree-Law no. 19/2019 of January 28 (“DL 19/2019”), implemented in Portugal the Real Estate Investment Trusts . However, the national legislature allowed SIGI, in addition to the purpose of the lease, to pursue other forms of economic exploitation of immovable property. […]

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Eversheds advises Investec on £165m initial public offering of Gamma Communications

Eversheds has advised Investec Bank as nomad, broker and sole bookrunner on the £165m AIM initial public offering (IPO) of Gamma Communications. The IPO saw the placing of 44,163,374 existing ordinary shares in Gamma at a price of 187 pence per share, raising gross proceeds of approximately £82.6m for the selling shareholders. On admission, Gamma […]

Wragge Lawrence Graham & Co energy lawyers advise Primrose on solar farm deals

Wragge Lawrence Graham & Co’s energy team has helped Primrose Solar to significantly expand its portfolio through the acquisition of a further five solar farms in the UK. Primrose’s portfolio will now add more than 175MW of renewable energy to the grid, enough to power the equivalent of more than 40,000 average homes and to save […]

Technology

Covington and Slaughters advise on Qualcomm’s £1.6bn acquisition of CSR

Covington & Burling advised US mobile phone chipmaker Qualcomm and Slaughter and May advised tech firm CSR on the US company’s £1.6bn takeover of the British company, which will increase Qualcomm’s presence in the UK. London-based partners Louise Nash and Simon Amies led Covington & Burling’s team in the deal for Qualcomm, which will allow […]

Hong Kong

Baker & McKenzie names new head of Asian offices

Baker & McKenzie has named Hong Kong-based Milton Cheng as managing partner of its Hong Kong, China, Korea and Vietnam offices. Cheng, who has until now been head of the firm’s Asia-Pacific M&A group, co-head of its corporate group in China and Hong Kong and leader of its Hong Kong REITs practice, has replaced Paul […]

Members of No5 Chambers achieve victory at gypsy site appeal

Members of No5 Chambers have represented in an inquiry that involved two local planning authorities, given that the single-pitch gypsy site straddled the administrative boundary of both Stratford-upon-Avon and West Oxfordshire. Peter Goatley represented the councils, while Jack Smyth and Bridget Forster represented the rule 6 residents’ group. The appeal was dismissed outright. The inspector refused […]

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