A huge challenge: Voluntary registration of local authority land
By Peter Williams The Land Registry is actively working with the public sector to help achieve its aim of comprehensive registration of all freehold land by 2030. Achieving comprehensive registration of all freehold land in England and Wales by 2030 is a key target for the government and is a core component of the Land Registry’s […]
Brexit does not frustrate a lease
By Michael Callaghan, Nathan Rees European organisations cannot argue that Brexit means that they can walk away from their leases. Landlords of property have welcomed the ruling of Mr Justice Smith that Brexit does not operate to frustrate the terms of a lease. The decision means that the European Medicines Agency (EMA) will remain liable post-Brexit to […]
How settlement agreements work and when to use them
By Esther Wilkins Our drafting masterclass series continues with a look at settlement agreements. We will consider how settlement agreements work and when to use them, key terms and common negotiation points. Settlement agreements in an employment context are formal contracts between an employer and employee (or former employee) which prevent that employee from pursuing their […]
Discontinuance costs in arbitration appeals
By Michael Bennett Sections 67 – 69 of the Arbitration Act 1996 (the Act) provide the bases on which an arbitral award may be appealed. In all cases, the bar to a successful challenge is very high. Who pays the costs of the litigation if the appeal is discontinued? In January 2019 the case of Koshigi Limited […]
New Stamp Duty Land Tax rule March 1 2019 – commercial real estate challenges
By Dan Kennedy From 1 March 2019, the period allowed in England and Northern Ireland for filing a Stamp Duty Land Tax return and paying the tax reduces from 30 days to 14 days. There is now only one month to go until the window to file a Stamp Duty Land Tax (SDLT) return – and […]
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The speed read: DWF’s finances; Taylor Wessing’s American dream; and who runs Addleshaws?
While many lawyers are out of the City on half-term, others in the industry have been securing US deals, mulling leadership bids and bringing High Court disputes to an end.
Freshfields teams up with Canadian firm on Dairy Crest offer
Freshfields Bruckhaus Deringer has been called in by Canadian firm Stikemann Elliott to co-lead on Dairy Crest’s sale to a transatlantic buyer. The magic circle firm has been providing UK legal advice to Canadian company Saputo, which produces milk and dairy products. Freshfields corporate partner Stephen Hewes has taken the lead alongside colleague Peter Hall, […]
Squires quartet part ways with firm
Four more partners have left Squire Patton Boggs’ London office, in the wake of former managing partner Robert Weekes’ move to Crowell & Moring earlier this month. UK litigation head Laurence Winston and restructuring partners Paul Muscutt and Cathryn Williams are to part ways with the firm, while Robin Baillie in the infrastructure practice is […]
Burges Salmon braces for no-deal Brexit with “defensive” strategy
Burges Salmon is preparing for the possibility of a no-deal Brexit, with plans to resort to an Irish partnership structure if Britain cannot agree terms with the EU.
Shearman’s revenue closes in on $1bn barrier
Shearman & Sterling’s global turnover increased by 5 per cent over 2018, though the pace of growth has fallen behind some of Shearman’s US peers who have all reported double-digit gains this year. Turnover at Shearman rose to $955.5m in 2018, an increase of 4 per cent. This followed the addition of just $5m to […]
Addleshaws’ senior partner faces fresh challenge in firm elections
Addleshaw Goddard’s senior partner Charles Penney faces a challenge to his bid for another term, with another contender stepping forward to take on the role. Penney, who is seeking a second term in the top job, will run against contender Michael Leftley, who heads the employment, incentives & immigration group in London. Leftley has been […]