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Latest Briefings

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 […]

Legal compliance matters to consider for E-Commerce market

By Jocelyn S Paulley The barriers to entry to the world of retail have reduced significantly with the rise of e-commerce. This is not a single route to market as the e-commerce world has developed its own structures, such as selling through aggregators, platforms, highly curated markets, as well as simply through a brand’s own […]

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Ironbridge capital turns to sj berwin

SJ Berwin has been making a foray into the Australian finance market. SJ Berwin has been making a foray into the Australian finance market. The firm advised Australian buyout specialist fund Ironbridge Capital, leading on the closing of the Ironbridge Fund II, which raised more than $1bn (£527,200). The fund was oversubscribed and looks set […]

CC incumbents enjoy easy re-election rides

Clifford Chance completed the reshuffle of its senior management team last week as its election process drew to a close. Last month Clifford Chance confirmed the re-election of senior partner Stuart Popham for his second four-year term, which will see him at the helm until 2010. The nomination period for the senior partner election yielded […]

Sofa, so good

It grates Tulkinghorn to admit it, but there’s little doubt that New Zealand has the best rugby team going around at the moment – cruelly brought home through an emphatic embarrassment of England at Twickers recently. But while the England team’s big wigs are left scratching their heads, Tulkinghorn has a cunning plan – it […]

A&O ally lures back former partner

Allen & Overy Turin breakaway firm Pavesio & Associati has made its first lateral hire, luring corporate finance partner Andrea Cristaudi from Simmons & Simmons. Cristaudi began his career in A&O’s Turin office and was mentored by managing partner Carlo Pavesio. He made partner at the Milan office and then left for Simmons & Simmons […]

DLA hires top GC to boost Italy

DLA Piper has continued its Italian hiring spree, hiring the Italian general counsel of international real estate development company Foruminvest. Matteo Troni, who had previously worked at Studio Legale Chiomenti and Freshfields Bruckhaus Deringer before moving in-house, will join DLA’s Milan office. The hire follows that of two finance partners and eight fee-earners in October, […]

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