Corporate failure and its implications for professionals advising before insolvency

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Latest Briefings

Sentencing Council publishes gross negligence manslaughter definitive sentencing guideline

The penalties imposed on individuals for fatal accidents in the workplace are set to increase after the Sentencing Council for England and Wales published its definitive sentencing guideline for gross negligence manslaughter. Walker Morris health and safety experts, Stuart Ponting and Robert Starr, consider the new guideline and the implications for employers and directors…

Energy Update – August 2018

This energy update includes the following white papers: CMA publishes final report on Heat Networks calling for new regulation The first National Infrastructure Assessment is published recommending growth in Green Energy NAO report on package recycling Update on Electric Vehicles Amendment Regulations 2018 – in force 24 July 2018 The Mayor of London’s Energy Efficiency […]

Will the revised NPPF lead to more affordable housing?

By Katherine Evans On 24 July 2018, the long-awaited revised NPPF was released. The omission of social rented homes from definition of affordable housing in Annex 2 of the draft revised NPPF has been addressed. Starter Homes are now included in the definition but secondary legislation is still required to set out financial eligibility for […]

Luxembourg publishes law on VAT grouping

As foreseen in our previous newsflash, the law on VAT grouping has officially been published, last Friday. The text – which provides for an entry into force on 31 July 2018 – modifies the general VAT Law. It now enables Luxembourg entities sharing financial, economic and organisational links to set up a VAT group, thus allowing them to […]

Reform of the Portuguese pricing and reimbursement system

By Edward J. Dougherty Following a recent reform in 2015, the Portuguese pricing and reimbursement system is sophisticated and comprehensive. Nevertheless, substantial discretion is allowed to the competent national authority, and this is the source of most challenges for innovators…

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BLP set for managing partner vote next week: Collins and Mayhew in the running

Berwin Leighton Paisner (BLP) partners are on the last leg of the firm’s managing partner election this week, with a vote scheduled for Tuesday. In the running are head of corporate David Collins and head of employment Lisa Mayhew, both of whom surfaced among the early contenders last month. Details of their election manifestos have […]

Wonga plumps for Capquest legal head Flynn as new general counsel

This week we learnt that Wonga has appointed debt management company Capquest Group legal boss Bill Flynn as its new general counsel. Flynn’s appointment follows two senior departures from the pay-day loan company’s in-house team. In June 2014 general counsel Lucy Vernall quit to join internet lender Funding Circle. Vernall is understood to have reported […]

Lloyd's of London

Shearman, Slaughters and SullCrom advise on Fairfax takeover of Brit

Shearman & Sterling, Slaughter and May and Sullivan & Cromwell (S&C) have played key advisory roles on today’s (17 February) £1.22bn takeover bid by Fairfax Financial Holdings for insurance company Brit. Fairfax is a Toronto-headquartered financial services holding company, which is listed on the Toronto Stock Exchange. Slaughters acted for Brit on the recommended takeover. […]

Paris

Olswang Paris office founding partner decamps for France’s UGGC

The former managing partner of Olswang’s Paris office has quit the firm with a team of lawyers to become banking head at French firm UGGC. Stéphan Alamowitch joined Olswang in 2011 from Dechert to head up the firm’s foray into France (2 February 2011). He was managing partner of the office until November 2013, when […]

Eversheds discusses heightened awareness of the significance of whistleblowing

Commenting on UK whistleblowing laws, Shirley Wright, employment law partner at Eversheds, says: “Encouragingly, both inside and outside the health sector, recent research undertaken by Eversheds reveals heightened awareness of the significance of whistleblowing amongst employers. “More and more are opting to put in place whistleblowing policies and procedures. “Inevitably, however, as recent events in the […]

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