Very positive changes in French capital gains tax on the sale of French real estate

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Latest Briefings

Walker Morris team explores opportunities in new entry-level exception sites and starters homes

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 […]

FCA published near-final rules amending the jurisdiction for SMEs and guarantors

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 […]

Walker Morris litigation specialists reviews regulator’s proposals for dealing with push payment fraud

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) […]

Impact of 2019 budget proposals on Dutch’s buyout sector

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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Novartis buys GSK oncology range

Novartis has acquired GlaxoSmithKline’s (GSK) oncology products and divested its vaccines business (excluding flu) to GSK. Novartis and GSK have also agreed to launch a joint venture combining Novartis’ over-the-counter and GSK’s consumer health businesses. In a separate transaction, Novartis has divested its animal health business to Eli Lilly.  Bär & Karrer acted as Swiss […]

Walker Morris appointed to major Manchester residential development

A detailed concept development is under way for two sites in Ancoats and New Islington, which will complement existing community facilities and transport investment. A local community engagement event was held on 5 March to share initial plans to sympathetically develop Murrays’ Mill, one of the oldest surviving steam powered cotton mills, into high quality […]

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Judges removed from office for watching porn

Four judges have left office after an investigation into allegations that they watched pornographic material on judicial IT equipment in their offices. District Judge Timothy Bowles, immigration Judge Warren Grant, and Deputy District Judge and Recorder Peter Bullock were removed from office by the Lord Chancellor and the Lord Chief Justice.  The fourth judge, Recorder […]

Portugal index

Portugal – Less pain, more gain

Early repayment of its bailout and solid M&A interest from foreign investors have brought optimism to Portugal’s lawyers. The word ‘crisis’ no longer has such strong associations with the Portuguese market. The country recently announced it is paying back half of its bailout loan – around €14bn (£10.2bn) – to the IMF early, meaning things […]

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Blackstone hunts for juniors to plug gaps as elite bar talent war rages

Blackstone Chambers is looking to recruit junior tenants this year after losing a number of its mid-level commercial barristers. Blackstone Chambers expects to hire a number of specialist commercial litigators of five-to-10 years call, also in part due to an increase in the volume of commercial litigation on which the set’s senior members have been instructed. The […]

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