Anti-competitive cartel targeted care homes

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Has your organisation paid its data protection fee?

By Patrick Wheeler The Information Commissioner’s Office (ICO) has sent warning letters to 34 organisations who have failed to pay the new data protection fee under the Data Protection (Charges and Information) Regulations 2018, which came into force on 25 May 2018. Under the new regime, data controllers have to pay a data protection fee to […]

The number of regulators adopting a sandbox like FCA’s is likely to grow

By Christian Davison Further to our ‘Autumn Update Financial Services’ seminar on 26th September, Christian Davison, a trainee in our Corporate and Commercial team, comments on the FCA’s announcement of a global regulatory sandbox. On 7 August 2018, the Financial Conduct Authority announced the ‘Global Financial Innovation Network’ (GFIN). It is an extension of the FCA’s pioneering UK […]

Amendments in the property taxation is benefiting the buyers

By Dominic Cole The Express has commented on the data released by trade lending body UK Finance which demonstrates that the number of first time buyers in August was the highest monthly level since June 2017. Whilst this is not a particularly long time, it may demonstrate to the Chancellor that the changes to the taxation […]

Impact of mixed domicile marriages on estate planning

By Aidan Grant Mixed domicile marriages can have a significant impact on estate planning opportunities. For example UK domiciled spouses only have a limited spouse exemption when passing assets to their non-UK domiciled spouse. It may also mean navigating the choppy waters of double taxation relief as more than one jurisdiction seeks to claim taxing rights […]

Brexit lease drama

By Paul Henson Many of us suffer from Brexit fatigue these days and those working within the real estate arena tend to focus on how it might affect market sentiment as opposed to it having any legal implications. It is therefore surprising that a “nationally significant case” listed for January 2019 will consider whether Brexit has […]

Latest Briefings

Social housing monthly law update – October 2018

By David Isaacson Highlights of this month include: Autumn budget coming up Government announces new generation of council housing Bereavement (Leave and Pay) Act 2018 receives Royal Assent Government announces new housing measures Download the full update to get fully up-to-speed on the past month.

Austria – Has due diligence obligations for shareholder creditors increased?

The Austrian Insolvency Code provides for the possibility to challenge certain disadvantageous transactions carried out by the debtor after material insolvency has occurred, especially if the creditor knew or should have known of its debtor’s material insolvency. This risk of legal actions being contested is of particularly high relevance for shareholders who are also creditors […]

Board decisions made by delegation of powers can be challenged in court in Romania

By Mădălina Neagu, Andra Jegan To enable decisions to be passed efficiently, the Companies Law (31/1990) created flexible mechanisms and procedures allowing specific shareholder powers to be delegated to a company’s management. Such mechanisms have been successfully implemented by a vast number of companies and have enabled them to expedite corporate changes concerning their main […]

Canada: New checks under Police Record Checks Reform Act

By Amy Derickx On Nov. 1, 2018, new “checks” on the police record check system will be in force under Ontario’s Police Record Checks Reform Act. Organizations who rely upon police record checks as a method of determining suitability for employment or volunteer work will want to review related policies and procedures for the purposes of […]

Blockchain and Cryptocurrency Regulation 2019

Understanding the blockchain, cryptocurrency and electronic token space is becoming more important than ever for financial institutions, business, investors and start-ups. This is particularly the case in relation to government attitudes and definitions, cryptocurrency and sales regulation, money transmission laws and anti-money laundering requirements, promotion and testing, ownership and licensing requirements, taxation and border restrictions. […]

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Out-of-London is the new London

Our analysis this week is on how major City firms have adopted the practice of disaggregation in their quest for greater efficiency (see cover story, page 10). Ashurst, Allen & Overy, Herbert Smith Freehills and most recently, Hogan Lovells, have all opened regional offshoots to handle lower value and support work rather than packaging it […]

ATE

ATE peer panel: After-effect

Despite rule changes, after-the-event insurance is still core to funding litigation cases, while damages-based agreements are largely ignored Q: To what extent is after-the-event (ATE) legal expenses insurance relevant to the modern commercial litigation market? Malcolm Henké, senior partner, Greenwoods: In personal injury (PI) cases the claimant is still concerned with meeting the cost of disbursements, which […]

​Gateley announces key appointment and promotion in Nottingham office

Gateley has announced that Paul Simpson has joined its Nottingham office as corporate senior associate. William Cursham has also been promoted to construction associate. Simpson advises on corporate matters including private equity, management buy-ins (MBIs), management buy-outs (MBOs), acquisitions, disposals and shareholder and joint venture arrangements. He brings to the team a wealth of experience, […]

Eversheds obtains landmark decision in Austrian Supreme Court

Eversheds’ Austrian office has obtained a landmark decision in the Supreme Court for Austrian restaurant group Plachutta. The case centres around the debate on smoking in restaurants. In this case, two private individuals appointed themselves as ‘smoking sheriffs’ with their sole life mission being to check whether establishments comply with all the regulations of the […]

Stephen Parkinson cropped

Government bribery review: need for speed must not replace fairness

As the Government unveils a review of fraud and bribery authorities, now is not the time to lose sight of what really matters. Recently the Government announced a wide-ranging review of the “UK’s ability to tackle bribery and white-collar crime”.  Headed by Ken Clarke, the Cabinet Office Minister, the review will examine the structure of […]

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