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Related briefings

It’s time to AI-xplain

By Imogen Jones The Information Commissioner’s Office (ICO)  in a collaboration with The Alan Turing Institute (The Turing) has created Project ExplAInto which aims to create practical guidance to assist organisations with explaining artificial intelligence (AI) decisions to the individuals affected. The ICO and The Turing conducted public research to gather information about the views […]

Which parent died first and why does it matter?

By Aidan Gtant Whilst the Evening Standard is correct that the law that is being relied on in this case is “little-used”, prudent Will-drafters should always take care to consider the impact of the commorientes rule on clients and, where possible, take advantage of the potential tax benefits. The commorientes rule determines the ownership of assets where two (or […]

Sotheby’s bought by French billionaire for $3.7bn

By Francesca Palmer Sotheby’s recent troubles are well documented. From fending off the aggressive overtures of various hedge funds, to streamlining its business in an increasingly chaotic market, it has not always been able to focus on the business of selling art. Having found its White Knight in Patrick Drahi, and with the art auction […]

£15bn lost behind the sofa

New research shown exclusively to The Independent suggests a huge £15bn of assets are lying unclaimed in the accounts of the deceased. This research should serve as a good reminder to everyone that it is important that your family and professional advisors know what funds you have in what accounts. Should the unthinkable happen tomorrow, […]

Johnson proposes £3,000 tax cut for higher earners

By Aidan Grant Johnson’s announcement of his proposed tax cut is certainly grabbing the headlines but it is worth pausing to reflect on the ways it might impact professional advisors and their clients. Journalists quick out of the gates this morning have estimated that raising the threshold at which 40% income tax is paid from […]

Latest Briefings

Newsflash: Canary Wharf Brexit frustration dispute settled

By Gwendoline Davies, Martin McKeague We reported, in February this year, the High Court’s decision in Canary Wharf v EMA [1] that Brexit will not frustrate (and therefore effectively terminate) the European Medical Agency’s lease at Canary Wharf. The High Court’s decision was generally welcomed because, had the High Court found for the EMA, countless leases and commercial contracts […]

A new energy and carbon reporting framework is in force

By John Hamer, Debbie Jackson, Richard Naish, Daniel O’Gorman, Jo Stephenson A new energy and carbon reporting framework applies from 1 April 2019, following abolition of the CRC Energy Efficiency Scheme and the introduction of corresponding increases in rates of climate change levy. The Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations […]

Directors’ remuneration: New regulations are in force

By John Hamer, Debbie Jackson, Richard Naish, Daniel O’Gorman, Jo Stephenson The Companies (Directors’ Remuneration Policy and Directors’ Remuneration Report) Regulations 2019 have come into force. The regulations introduce new requirements in relation to a company’s remuneration policy and remuneration report. The Companies (Directors’ Remuneration Policy and Directors’ Remuneration Report) Regulations 2019 (2019 Regulations) came into […]

Consultation launched into corporate transparency and reform of the Companies Register

By John Hamer, Debbie Jackson, Richard Naish, Daniel O’Gorman, Jo Stephenson On 5 May 2019 the Department for Business, Energy and Industrial Strategy published a consultation on proposals to increase the transparency of UK corporate entities and to enhance the role of Companies House. The potential reforms would amount to the biggest changes to the UK […]

New proposals to make disclosure of distributable reserves mandatory

By John Hamer, Debbie Jackson, Richard Naish, Daniel O’Gorman, Jo Stephenson Concerns are mounting that the capital maintenance regime is being undermined and that the time has come for the disclosure of distributable and non-distributable reserves to be mandatory within a company’s audited accounts. Over the last few months there have been numerous reviews and consultations […]

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Gowling helps VI Mining plc list on NEX Exchange growth market

Tim Casben led the team advising the Dubai based management team working with colleagues in Dubai and London. Tim commented: “We are delighted to be advising VI Mining PLC, which we have advised since inception. VI Mining’s listing on the NEX exchange reflects the efforts of management in the last 18 months and marks its […]

Kathy Honeywood

Clifford Chance corporate partner exits for Bakers

Clifford Chance corporate partner Kathy Honeywood, who led the magic circle’s South East Asia Pacific corporate practice since 2015, is leaving the firm to join Baker McKenzie in London. Honeywood, who was at the magic circle firm her entire career, will join Bakers’ energy, mining and industrials (EMI) practice. She specialises in complex M&A transactions, corporate […]

Thumbs up

Kirkland narrows the race to be the UK’s most popular US firm

This week’s hire of Allen & Overy IP head Nicola Dagg has not only provided further confirmation of the increasing pulling power of the leading US firms in London, it has also underlined Kirkland & Ellis’ position as the London market’s boldest lateral hiring machine. Until this week’s news Kirkland’s most notable City hire was […]

peugeot

Peugeot case ends as Macfarlanes client SKF settles before trial

The competition case brought by Peugeot against a a series of the car manufacturer’s former parts suppliers has ended before reaching trial after Macfarlanes client SKF settled out of court. SKF was the remaining defendant from a considerable starting list in a case that had included White & Case, Cleary Gottlieb Steen & Hamilton, Brick Court […]

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