Landmark patent case goes to the Lords

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Latest Briefings

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…

The meaning of occupation in the context of business rates

By Sophie Tracey, Lucy Shepherd In a decision that will be welcomed by property owners, a recent case has considered the meaning of ‘occupation’ in the context of business rates and has decided that the motivation for occupation is not relevant. Background Principled Offsite Logistics Ltd (POLL) applied for judicial review to challenge a local authority’s […]

Overage provisions helping landowners to ensure a fair price for its land

By Bhavesh Amlani, Michael Callaghan Overage provisions are a common feature of the development landscape, helping to ensure that a landowner receives a “fair” price for its land. Introduction Overage provisions give a landowner the right to receive a future payment following the sale of the property if the developer enhances the value of that property. […]

Luxembourg legitimising and embracing blockchain technology

By Bertrand Geradin What is the new securities law about? Since Bitcoin’s blockchain technology entered the mainstream, the crypto-currency market has boomed at an incredible rate. Blockchain – the underlying distributed ledger technology behind Bitcoin – has the power to disrupt many industries, and in particular to revolutionize the security of ownership. Luxembourg has opted to […]

CJEU allows full deduction of VAT on aborted transactions

VAT on abort costs in case of an unsuccessful takeover bid is deductible, provided the buyer intended to supply management services for consideration to the target company. This was ruled by the Court of Justice of the European Union (“CJEU”) in the Ryanair case (C-249/17) issued on 17 October 2018. Facts of the case Ryanair […]

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CPS dispenses with preferred sets and introduces barrister grading system

Barristers will be graded on performance as part of a radical plan by the London arm of the Crown Prosecution Service (CPS) to increase the value for money it gets from its advocates. On 1 April 2007 the current system of giving work to preferred barristers’ chambers will be replaced by a list of graded […]

Bingham launches in Hong Kong

Bingham McCutchen is to increase its Asian practice by opening a three-lawyer Hong Kong office. US-qualified finance partner Catherine Walters will head to Hong Kong for the 1 January opening, with two associates including Angeli Arora, whose clients include the hedge funds that Bingham is hoping to service. Bingham will look to replicate its London […]

French duo opens doors on TMT boutique

A pair of French lawyers has launched a new technology, media and telecommunications boutique. Olivier de Baecque, formerly a lawyer at Salans and Veil Jourde, and film and television specialist Sophie Borowsky launched Borowsky & De Baecque last month (October). Borowsky described her expertise as complementary to de Baecque’s focus on advising fashion designers, artists, […]

Treasury fights off £1bn Lloyd’s claim

The Treasury yesterday (9 November) successfully fought off a £1bn claim brought by 1,000 Lloyd’s Names. The investors in Lloyd’s of London brought the case under a Group Litigation Order. They alleged that the government’s failure to correctly implement the European Insurance Directive led to massive claims being filed against Lloyd’s in the 1990s and […]

New coalition stresses role of councils in fighting recidivism

A coalition of councils, probation boards and penal reformers has formed to lobby the Government to let local authorities play a greater part in tackling the UK’s chronic problem of criminal reoffending and in rescuing its overloaded prison system. The Coalition of Social and Criminal Justice, which has members including the Local Government Association (LGA), […]

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