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Latest Briefings

Polish law considerations: advance amount versus earnest money

This article is to discuss legal issues that may arise under Polish civil law in connection with the conclusion of a preliminary sale agreement and payment by the purchaser prior to execution of the final sale agreement of the amount which may be classified, depending on the parties’ decision, either as an earnest money (in […]

Poland reforms law to facilitate business activity

As of 30 April 2018, a package of five legal acts adopted on 6 March 2018 aimed at facilitating business activity entered into force in Poland. The legal acts are: Entrepreneurs Law Act;  Act on Ombudsman for Small and Medium-sized Entrepreneurs; Act on the rules for participation of foreign entrepreneurs and other foreign persons in […]

HMRC loses in specie contribution claim before the FTT

By Patrick Shee Self-Invested Personal Pensions, or SIPPs, have been under HMRC’s microscope for a number of years, but in a recent decision the First Tier Tax Tribunal (FTT) ruled against HMRC, finding that Relief at Source (RAS) for non-cash or in-specie contributions should be given to individuals. In Sippchoice Limited v HMRC [2018] UKFTT 12 the […]

The Health and Safety Sentencing Guidelines and their effect on business

By Adrian Mansbridge New Definitive Sentencing Guidelines for health and safety offences came into force on 1 February 2016; since then, there has been a significant increase in fines. What is clear from our analysis is that efforts by government to deregulate and reduce the burden of health and safety compliance have, from a financial […]

Mozambique: New regulations on compulsory social security

By Sonia Reis and Neylla Gulamhussen Decree no. 51/2017 of 9 October was approved as a result of the new challenges of Compulsory Social Security and seeks to adapt it to the current social situation. To achieve this, the Decree approves the Compulsory Social Security Regulations and came into force on 8 January 2018. The new […]

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Ogier advises on establishment and listing of TruFin on AIM

Ogier has advised TruFin plc, a company in the FinTech and banking business sphere, on its IPO and admission to AIM. TruFin plc conducted a successful conditional placing and subscription of shares to raise gross proceeds of approximately £70 million. Trading commenced on 21 February 2018. TruFin plc is the holding company of an operating […]

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Kirkland breaks $300m barrier in record City financials

Kirkland & Ellis’ London office revenue grew by almost 50 per cent in 2017 to a new record of $300m, The Lawyer understands. The rise makes it the second-largest US law firm in London on current data behind White & Case. The rise in 2017 follows a much smaller increase the year before, when Kirkland’s […]

Wolf Theiss strengthens data protection practice with new hires

After the addition of Partner Maria Maxim who joined Wolf Theiss in September 2017 as the coordinator of the Data Protection and TMT (Telecommunication, Media & Technology) practices in Bucharest, Wolf Theiss has recently strengthened its local team with the following new hires. Bogdan Arsene, an associate attorney with almost 10 years of experience, Bogdan […]

Shoosmiths advises CDC Group on its investment into Bangladesh manufacturing company

Shoosmiths has advised the UK’s development finance institution CDC Group on its $15m investment into RFL Electronics, which will grow the Bangladeshi company’s manufacturing capacity. The funding will be used to acquire specialist equipment for RFL Electronics’ state-of-the-art facility, in Narsingdi, which produces consumer electronic goods for the local market. CDC is investing alongside Standard […]

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