Lords join A-listers’ catty, snappy wars

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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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New bar association launched to raise direct access awareness

A new barristers’ association is to be launched to promote direct access to the bar. The Public Access Bar Association (PABA) will aim to encourage the Bar Council to improve public awareness of the option to instruct a barrister before using a solicitor. PABA will represent the hundreds of barristers who registered in July 2004 […]

Slaughters’ Tim Clark speaks out

Slaughter and May senior partner Tim Clark has gone on the record about the firm’s plans to compete in the international market by extending its group of best friend law firms into Asia. Clark makes the disclosure in the May edition of The Lawyer Podcast. The comments follow The Lawyer’s exclusive revelation (2 April) that […]

Ashurst predicts 28.5 per cent turnover rise

Ashurst is forecasting a storming year-end with preliminary results indicating an astounding 28.5 per cent rise in turnover at its financial year-end. Turnover now stands at £275m, The Lawyer can exclusively reveal. This is a massive improvement on last year’s figure, when revenues rose by only 6 per cent on the preceding year. Managing partner […]

SJ Berwin makes up a record 16 partners

SJ Berwin has followed its City rivals by announcing the promotion of 16 associates to its partnership – its largest number to date. The appointments number three more than last year, when 13 lawyers were made up, and continue the firm’s increasing focus on organic growth. In 2004-05 seven were promoted, while 11 were made […]

Cadwalader creates flood risk bond to protect City

US firm Cadwalader Wickersham & Taft has been instructed to advise on the world’s first bond designed to protect London’s business districts from large-scale flooding. The flood bond, which was launched on the capital markets earlier this month, was structured by Swiss Re, which was advised by panel firm Cadwalader, for an arm of German […]

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