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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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Walder Wyss advises on Medartis listing on SIX Swiss Exchange

Medartis Holding Ltd successfully listed its shares on the SIX Swiss Exchange. The proceeds from the IPO will be used for the expansion of international sales, for the development of the product portfolio and for acquisitions and other investments. The offer price was CHF 48 per share, implying a market capitalization of CHF 563 million. […]

Schoenherr advises Alpiq on sale of industrial business to Bouygues Construction

Schoenherr has advised the Alpiq Group, a leading Swiss energy services provider and electricity producer (“Alpiq”) on the sale of its industrial business to the French building company Bouygues Construction, which is taking over InTec and Kraftanlagen group for a purchase price of CHF 850m (EUR 725m). Schoenherr assisted Alpiq in Austria, the Czech Republic and Romania. […]

Shoosmiths advises Dalus Capital on investment in Google Cloud partner Xertica

The $6.5m investment into Xertica, which Dalus Capital led alongside Endeavour Catalyst and EMTV, will allow it to expand its digital capabilities and take advantage of the growing public cloud storage and processing market, both in Latin America and across the globe. It will also see Xertica double its investment into developing new analytical, data […]

Doing business in Ireland: a German perspective

Join us for this breakfast seminar, held in conjunction with the German Irish Chamber of Commerce, where the heads of SAP and Deutsche Bank in Ireland will talk about their experience of managing the Irish operations of German multinationals and their plans for the future. Attendees will hear from Liam Ryan, Managing Director of SAP, and […]

Khaitan & Co advises Ramesh Flowers on majority investment  by Gala Kerzen in the company

Khaitan & Co advised Ramesh Flowers Private Limited and the selling shareholders in relation to majority investment of 70% by Gala Kerzen in Ramesh Flowers. Ramesh Flowers Private Limited is a private company in Tuticorin, India and is engaged in manufacture and supply of dry flowers, home fragrance products, home décor products, candles, incense sticks and other decorative accessories. The core corporate transaction […]

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