What’s new with strata wind-ups?

A strata wind-up is an excellent way to realize the economic potential of a multi-unit residential property (the “strata”) by leveraging the value of each unit in the strata as a whole to a developer that may want to re-develop on the strata’s property. This article summarizes the onset and development of this emerging sector in light of recent case law and current events.

Related briefings

Contract law update [on-demand webinar]

Sarah Townsend and Joanna Rhodes provide a roundup of commercial contract law, reviewing the developments of the last 12 months and highlighting cases that should be at the top of your reference list.

Tech companies: three things you should know from the 2021-22 Quebec budget

The Québec Budget 2021–2022 includes measures encouraging investment to accelerate technology adoption and strengthens several tax measures aimed at the technology sector. The three key tax measures that tech businesses and entrepreneurs should know about are discussed below.

Strategies for commercialising your IP [on-demand webinar]

Intellectual property is just one of many considerations that businesses must factor into their growth strategies – but it should never come as an afterthought. In this webinar IP professionals give you the tips and best practices for using your intangible assets strategically as you scale your business.

Latest Briefings

The economic substance requirements for Jersey partnerships

The Taxation (Partnerships – Economic Substance) (Jersey) Law 202- was lodged with the States Assembly on 18 May 2021 and, if passed, is expected to come into effect from 1 July 2021 (with a six month transition period to 1 January 2022 for partnerships established before 1 July 2021).

Tokenized copyrights: Linking an NFT to a copyright licence

In our last report on the NFT (Non-fungible tokens) self-experiment “Formulating a smart contract and minting an NFT”, we looked at what data is packed in a freshly minted NFT. In principle, it is possible to include an entire data set of an artwork (i.e. in our case the GIF) in an NFT and thus on the blockchain. We also pointed out that in our self-experiment we did not only link to the digital artwork but also attached a limited usage licence to the NFT (in the metadata; because otherwise the buyer of an NFT in general will not own any intellectual property respectively rights of exploitation or use to the artwork connected to the NFT).

Virtual Asset Service Providers become subject to registration requirements and AML/CTF obligations

On 23 April 2021, provisions of the Fifth Anti-Money Laundering Directive (5AMLD) were transposed into Irish Law by the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 (CJA 2021), which amends the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (CJA 2010). Please see our recent briefing for analysis of changes introduced by 5AMLD: New Irish Anti-Money Laundering Rules.

Child maintenance: traps for the unwary

For parents, the child maintenance system can seem a vast and complicated system of ropes and pulleys for something they expect should be straightforward.

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Three firms battle it out in Court of Appeal movie dispute

Womble Bond Dickinson and Quinn Emanuel Urquhart & Sullivan lost out to boutique outfit Clintons in the Court of Appeal this week, in a challenge over the terms of a film contract. The dispute centred around the meaning of ‘return’ in one of the many commercial contracts relating to a film called ‘Starbright’. Under the […]

Over 180 Shoosmiths staff transfer over to new JV

Shoosmiths has spun out its volume recoveries business, with a large team of qualified lawyers and support staff moving over to work on the new venture. The firm has launched Equivo with collections, recoveries and enforcement business Chartsbridge. Shoosmiths’ chief executive Simon Boss said the reasoning behind the creation of Equivo was that there was […]

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