Revitalising brownfield sites in the Czech Republic has generally been viewed as a nightmare for investors, both private developers and state organisations, mainly due to the length of time required for different permitting processes and the total investment that revitalisation involves, including decontamination and/or demolition costs. However, as suitable land plots for industrial development are […]
On 4 September 2018, the Ukrainian parliament passed law No. 2517-VIII On Amendments to Certain Legislative Acts of Ukraine On the Investment Attractiveness of the Construction of Renewable Energy Facilities (the “RE Law”), which simplifies the process of building renewable energy (“RE”) facilities. The RE Law was to come into force on 4 October 2018. […]
Changes in company law and corporate governance Concurrency of employment relationship and performance of the executive director’s office – After many years of back and forth, the Czech Supreme Court has resolved that it is possible for an executive director to also have an employment contract with the company, under which he/she performs business management tasks. […]
The Antimonopoly Committee of Ukraine published new guidelines on state aid dated 6 September 2018 that clarify the AMC’s approach to financing provided by international financial institutions and to state and municipal guarantees securing the obligations in respect of such financing. On 17 September 2018, the Antimonopoly Committee of Ukraine (the “AMC”) published new guidelines […]
By Olena Kuchynska On 1 August 2018, new tariffs came into effect for the underground storage of natural gas in Ukraine. Ukraine’s National Commission for the Regulation of the Energy and Public Utilities Sectors (the “Regulator”) adopted a corresponding resolution (No. 480) on 19 June 2018, which was published with delay.\ On 23 August 2018, the […]
By Richard Sagar, Karl Anders, Graham Whiteford, Josh Kitson Introduction This briefing note, prepared by the Walker Morris Planning Environment Team, explores the opportunities presented in the new National Planning Policy Framework (“NPPF2“). Specifically, the opportunities to obtain planning permission for new entry-level exception sites consisting of affordable housing for first-time buyers on previously unallocated […]
By Paul Gair The FCA yesterday released its policy statement (PS18/21) on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper (CP18/31) detailing proposals for increasing […]
The Dutch government published important tax measures in its 2019 budget proposals with a potentially significant impact on the Dutch real estate industry. Some of these measures may result in a higher effective tax burden if appropriate action is not taken…
By Louise Power, Rachel Elgar Banking & Finance Litigation specialists Louise Power and Rachel Elgar report on the Payment Systems Regulator’s (PSR) recent proposals for dealing with push payment fraud. What is push payment fraud? Payments are described as ‘push payments’ when the payer obtains the payee’s account details and instructs their bank to send (or push) […]
The Dutch government published important tax measures in its 2019 budget proposals with a potentially significant impact on the Dutch buyout sector. Some of these measures may result in a higher effective tax burden if appropriate action is not taken…
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Corporate duo Mark Soundy and Sarah Priestley are leaving Goodwin Procter after a two year stint at the firm, The Lawyer understands, just days after the US firm lost a tax partner to Greenberg Traurig.
The withdrawal of Robert Tchenguiz’s accusations against the accountancy firm Grant Thornton and a number of other businesses will cost the property mogul nearly £24m as a result of a High Court judgment passed down yesterday. Mr Justice Robin Knowles ordered Tchenguiz to pay £11.2m to Travers Smith client Jóhannes Jóhannsson of the collapsed Icelandic bank […]
Weeks after the announcement of Nigel Boardman’s impending retirement next April, it can be revealed that another Slaughter and May stalwart is also due to hang up his boots this year. Corporate M&A partner William Underhill will bow out of the firm this December after 28 years in the firm’s partnership. He joined the firm […]
Baker McKenzie is set to open its third support centre in Florida as it kickstarts a business services overhaul. The service roles that will be based in Tampa, Florida, include legal services, finance, IT, knowledge management, operations, business development, marketing and communications, and talent. The new office is expected to employ 300 people and will […]
Nearly a year since it hired Freshfields’ David Higgins to bolster its corporate offering in London, Kirkland & Ellis is to bring in two Linklaters partners to spearhead its move into the Paris market.