Plot buyer’s breach — should I serve a notice to complete?

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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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Marrache liquidators sue Baker Tilly for £28m in bid to recoup lost client funds

The liquidators of Gibraltar firm Marrache & Co are suing the local branch of accountancy firm Baker Tilly for negligence, breach of duty, conspiracy and dishonest assistance for audit advice given prior to Marrache’s collapse in 2010. The case, brought by the joint liquidators, Chantrey Vellacott partner Adrian Hyde and PricewaterhouseCoopers partner Edgar Lavarello, is […]

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Simmons & Simmons re-elects Jeremy Hoyland as managing partner

Simmons & Simmons has re-elected managing partner Jeremy Hoyland for a second four-year term that will commence on 1 May 2015. The vote took place last week at a partner conference in Madrid. Hoyland joined Simmons in 1989 as a trainee and qualified into the London banking and capital markets department in 1991. He became […]

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Standard Chartered Bank kicks off panel review

Standard Chartered is understood to have launched a global panel review, with current advisers Clifford Chance, Hogan Lovells and Linklaters expected to be going for roles.  The bank’s last review took place in 2011, led by former Standard Chartered senior legal counsel and panel management lead Ruwan de Soyza. De Soyza has since joined WorldPay as […]

RBS

Clifford Chance advises as RBS waits for latest FCA fine

Clifford Chance is advising the Royal Bank of Scotland (RBS) as it prepares for another round of fines from the Financial Conduct Authority (FCA), this time in relation to a 2012 IT meltdown. The investigation due to complete any day is the latest in a string of major banking investigations run by the FCA, and […]

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