After Setanta – Sky’s the limit

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Latest Briefings

Polish law considerations: advance amount versus earnest money

This article is to discuss legal issues that may arise under Polish civil law in connection with the conclusion of a preliminary sale agreement and payment by the purchaser prior to execution of the final sale agreement of the amount which may be classified, depending on the parties’ decision, either as an earnest money (in […]

Poland reforms law to facilitate business activity

As of 30 April 2018, a package of five legal acts adopted on 6 March 2018 aimed at facilitating business activity entered into force in Poland. The legal acts are: Entrepreneurs Law Act;  Act on Ombudsman for Small and Medium-sized Entrepreneurs; Act on the rules for participation of foreign entrepreneurs and other foreign persons in […]

HMRC loses in specie contribution claim before the FTT

By Patrick Shee Self-Invested Personal Pensions, or SIPPs, have been under HMRC’s microscope for a number of years, but in a recent decision the First Tier Tax Tribunal (FTT) ruled against HMRC, finding that Relief at Source (RAS) for non-cash or in-specie contributions should be given to individuals. In Sippchoice Limited v HMRC [2018] UKFTT 12 the […]

The Health and Safety Sentencing Guidelines and their effect on business

By Adrian Mansbridge New Definitive Sentencing Guidelines for health and safety offences came into force on 1 February 2016; since then, there has been a significant increase in fines. What is clear from our analysis is that efforts by government to deregulate and reduce the burden of health and safety compliance have, from a financial […]

Mozambique: New regulations on compulsory social security

By Sonia Reis and Neylla Gulamhussen Decree no. 51/2017 of 9 October was approved as a result of the new challenges of Compulsory Social Security and seeks to adapt it to the current social situation. To achieve this, the Decree approves the Compulsory Social Security Regulations and came into force on 8 January 2018. The new […]

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Hammonds shown half-time red card during Portsmouth FC talks

The consortium attempting to take control of Portsmouth Football Club has dumped legal adviser Hammonds midway through the bidding process. Rob Hamill Sulaiman Al Fahim, chief executive of Hydra Properties and leader of the bidding group, initially instructed Hammonds but switched to Mayer Brown after an apparent disagreement over fees. Mayer Brown corporate partner Rob Hamill […]

UK-US quartet advise on Barclays deal

Clifford Chance, Linklaters, Skadden Arps Slate Meagher & Flom and Sullivan & Cromwell have led on the $13.5bn (£8.20bn) sale of ­Barclays ­Global Investors to BlackRock. Clifford Chance ­corporate partners Guy Norman and Patrick Sarch ­represented ­Barclays in the UK, alongside Los Angeles-based Sullivan & Cromwell partners Alison Ressler and Eric Krautheimer, and firm chairman […]

1

MTV names UK-based legal chief

MTV Networks International (MTVNI) has promoted Roger James to the role of senior vice president, general counsel for MTV Networks International and MTVN UK & Ireland. James, who was previously vice president of business and legal affairs for MTV Networks UK, Ireland and international, will expand his role  to include all of MTVNI’s business and […]

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Growing football reputation puts Glazer cherry on top for Freshfields

The Premier League continues to attract foreign investors in need of expert legal advice. When US tycoon Malcolm ­Glazer launched his bid to buy Manchester United in 2005, it quickly became clear to lawyers on both sides that this was no ­ordinary takeover deal. Allen & Overy (A&O), the firm acting for the Glazers, was […]

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Between a rock and a hard place

Tensions have been simmering between Gibraltar’s suspended Chief Justice Derek Schofield and its Governor Sir Robert Fulton for almost a decade. This week the row reached a climax with the Lord Chief Justice, Lord Judge, presiding over a seven-strong Privy Council panel that will determine whether Schofield J should be sacked or reinstated in his […]

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