Competition & Markets Authority takes action against unfair practices arising from coronavirus

In March 2020, the CMA established a dedicated COVID-19 taskforce to identify, monitor and respond to competition and consumer concerns arising from the COVID-19 pandemic and the task force has already been contacted more than 80,000 times.

Related briefings

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

HMRC estate administration investigations

An article in the mainstream press has noted that HM Revenue & Customs has taken an additional £274m in inheritance tax (IHT) from its investigations into 5,638 estate administrations in the 2019/20 year. This is the highest in over 4 years and equates to an additional £48,500 of IHT for each estate which has been investigated.

Latest Briefings

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).

Recommended

London

Bevan Brittan breaks £50m barrier as revenue jumps 11%

Bevan Brittan has ended the 2019/20 financial year with double-digit increases in revenue and net profit. The firm recorded turnover of £51.4m, up 11.7 per cent on the previous year’s £46m. Meanwhile, net profit rose 13.8 per cent, from £9.97m to £11.35m. It is the seventh straight year of growth for the firm. Bevan Brittan […]

The 12 biggest moves at the Bar in July

There were a number of moves between private practice and chambers last month, as former court justices also found new homes at the Bar. In terms of private practice exits, it was revealed that Wendy Miles QC would be joining Debevoise & Plimpton for Twenty Essex, while movements between chambers themselves also took place. Keating […]

Bishopsgate

Freshfields sets out phased move into 100 Bishopsgate

Freshfields Bruckhaus Deringer is in the process of planning its first move into 100 Bishopsgate, which is edging closer after the pandemic disrupted the initial timetable. The Lawyer has learned that the magic circle firm will organise two different waves of arrivals. The first one will occur in September, and a second one will follow […]

London

Proskauer eyes litigation growth after first City hire

Proskauer Rose is targeting significant growth in its contentious practice in London after the firm hired its first litigation partner earlier this year. The firm hired Dorothy Murray in March from KWM to set up her litigation practice at the US firm. Murray’s practice focuses on investment and commercial disputes, acting for clients in a […]

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