Significant changes to the taxation of UK residential property

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Online but divorced from reality

By Philippa Dolan No one denies that simplifying the divorce process to make it easier, faster, cheaper and more understandable is a laudable aim. Much has been made of the billion pounds that is apparently being invested in an overall reform programme to ‘modernise the courts and tribunal service’, part of which is being spent […]

Family Court still has teeth: The Hart v Hart case

Mrs Hart was disappointed with her financial settlement. She appealed to the Court of Appeal but the appeal was rejected. Her team had argued that the High Court Judge had not punished Mr Hart for his refusal to be straight about his finances and had based her settlement on the sum that he did disclose, […]

Crypto divorces and the law

With fortunes being won and lost in the space of months, cryptocurrencies are on everyone’s minds and it is inevitable that they are going to form a significant new asset class in many future divorces. But how prepared are lawyers and the courts to deal with them?

Best-laid plans: Onus to obtain consent falls on employer

In Clin ­v­ Walter Lilly & Co Ltd [2018] EWCA Civ 490, the Court of Appeal held an implied term would be implied into a building contract (based on amended JCT terms) to provide for the employer’s obligations relating to planning permission or conservation area consent. On 25 September 2012, Mr Clin (the Employer) engaged […]

Court of Appeal backs Birmingham council in PFI case

The Court of Appeal found in favour of Birmingham City Council (“BCC”) rejecting Amey Birmingham Highways Ltd’s (“Amey”) interpretation of the contract, confirming that the PFI contractor’s road maintenance duty covered the entire current Birmingham road network…

Latest Briefings

Update on EC proposals to amend UCITS, AIFMD, EuVECA and ELTIF to facilitate cross-border distribution

On 12 March 2018, the European Commission issued a proposal for a new regulation (the Regulation) and a new directive (the Directive) concerning the cross-border distribution of collective investment funds amending inter alia UCITS (the UCITS Directive), AIFMD, EuVECA and EuSEF (the Proposals). Please find below a summary of the main changes under the Proposals. What will change under the Proposals?

MEES: What information is required to register an exemption?

By Maria Connolly Since 1 April, it has been unlawful for a landlord to let a property with an EPC rating of below E, unless an exemption has been registered on the PRS Exemptions Register. The government has released guidance on the evidence required to register an exemption on the PRS Exemptions Register…

Getting the Deal Through: Fund Management 2018, Luxembourg edition

Fund Management traces the regulatory and legislative obligations facing fund managers balancing the need to maximise investment returns whilst also ensuring adequate investor protections in an increasingly challenging regulatory environment. Topics are written by leading experts and include: authorities responsible for fund regulation; licensing processes; territorial scope of regulation; required authorisations of fund marketing activities; […]

Financial Regulatory News Updates – April 2018

The Financial Regulatory News Updates: an overview in which Loyens & Loeff’s Banking and Finance Practice Group highlights recent legislative developments and publications of supervisory authorities in the financial markets…

Dutch coal exit proposed by new draft bill

On 19 May 2018 the Minister of Economic Affairs and Climate Policy (hereinafter: ‘the Minister’) published its draft bill (in Dutch only) on the Prohibition of the use of coal by power producers for public consultation (hereinafter: ‘the draft bill’). The basis of the draft bill derives from international (the Paris Agreement in 2015) and national (the […]

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Weightmans brings City veteran Mackie on board to build insurance team

Weightmans has hired Edwards Wildman Palmer partner Francis Mackie in a bid to transform its insurance practice. Mackie has been hired to grow Weightmans’ London market capabilities. His appointment is the first step in a strategic effort by Weightmans to develop its insurance capabilities and create a practice which is able to advise clients on […]

international

International firms: here to maturity

Fewer lawyers covering more territory is the theme this year, as international players take a more realistic view of prospects in the region One of the world’s most ubiquitous law firms – Baker & McKenzie – has established the largest global practice presence in Asia Pacific, overtaking recently merged Anglo-Australian challengers Herbert Smith Freehills (HSF) […]

NLADA presents 2014 Beacon of Justice Award to DLA Piper

DLA Piper has received the 2014 Beacon of Justice Award from the National Legal Aid & Defender Association (NLADA). The award is given to law firms that create and implement innovative legal strategies to aid those unable to afford counsel. Over the past year, DLA Piper lawyers have devoted about 45,000 pro-bono hours to innovative […]

Khaitan & Co advises MasterCard on acquisition of C-Sam

Khaitan & Co has advised MasterCard International on the India leg of the transaction in relation to its acquisition of C-Sam and its subsidiaries including entities in India. MasterCard is a technology company in the global payments industry operating the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more […]

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