Guarantee or indemnity? Conclusive evidence clauses

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Latest Briefings

The meaning of occupation in the context of business rates

By Sophie Tracey, Lucy Shepherd In a decision that will be welcomed by property owners, a recent case has considered the meaning of ‘occupation’ in the context of business rates and has decided that the motivation for occupation is not relevant. Background Principled Offsite Logistics Ltd (POLL) applied for judicial review to challenge a local authority’s […]

Overage provisions helping landowners to ensure a fair price for its land

By Bhavesh Amlani, Michael Callaghan Overage provisions are a common feature of the development landscape, helping to ensure that a landowner receives a “fair” price for its land. Introduction Overage provisions give a landowner the right to receive a future payment following the sale of the property if the developer enhances the value of that property. […]

Luxembourg legitimising and embracing blockchain technology

By Bertrand Geradin What is the new securities law about? Since Bitcoin’s blockchain technology entered the mainstream, the crypto-currency market has boomed at an incredible rate. Blockchain – the underlying distributed ledger technology behind Bitcoin – has the power to disrupt many industries, and in particular to revolutionize the security of ownership. Luxembourg has opted to […]

CJEU allows full deduction of VAT on aborted transactions

VAT on abort costs in case of an unsuccessful takeover bid is deductible, provided the buyer intended to supply management services for consideration to the target company. This was ruled by the Court of Justice of the European Union (“CJEU”) in the Ryanair case (C-249/17) issued on 17 October 2018. Facts of the case Ryanair […]

Legal compliance matters to consider for E-Commerce market

By Jocelyn S Paulley The barriers to entry to the world of retail have reduced significantly with the rise of e-commerce. This is not a single route to market as the e-commerce world has developed its own structures, such as selling through aggregators, platforms, highly curated markets, as well as simply through a brand’s own […]

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No5 Chambers members will be playing six-a-side cricket at a fundraising event in aid of Marie Curie Cancer Care & Birmingham Citizen’s Advice Bureau. The event will be held at Moseley Cricket Club on 5 September. Twelve teams will compete on a round-robin basis, and the winning team will receive the Anthony Barker QC Memorial Shield 2014. The […]

DLA Piper team advises MoboTap on investment transaction with Changyou

DLA Piper has advised MoboTap on an investment transaction with Changyou.com for nearly $100m (£60m). The DLA Piper team working on the transaction included senior associate David Xu, Iris Liu and Yiran Peng, all in Beijing. MoboTap developed the Dolphin browser for the Android and iOS operating systems and was one of the first alternative […]

Conyers advises Kosmos Energy on $300m private offering

Conyers Dill & Pearman has provided Bermuda and Cayman Islands legal advice to Kosmos Energy on a private offering to eligible purchasers of $300m (£180m) aggregate principal amount of its 7.875 per cent senior secured notes due 2021. Kosmos intends to use the net proceeds from this offering to repay a portion of the outstanding […]

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Green, Richard

Richard Green helps clients to complete their construction documentation with the minimum of fuss, and with a full understanding of the risks involved and how best to manage them. With nearly 20 years’ experience, Green has a thorough understanding of what is and is not acceptable in the construction market, and the concerns of all […]

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Shepherd & Wedderburn bolsters construction team with ex-DLA practice head

Scotland-headquartered Shepherd & Wedderburn has added the former head of DLA Piper’s Scottish construction and engineering group to its own construction and projects practice. Gareth Parry, who joined DLA Piper from legacy McGrigors (now Pinsent Masons) in 2010 (1 March 2010), joins Shepherd & Wedderburn after a year out of practice. He had been based […]

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