Latest Briefings

Approval of liquidator’s remuneration: a tale of two reporters

A recent Sheriff Court judgment is the latest decision to consider the role and remit of the court reporter in a liquidation which, unusually, involved the court appointing two reporters. In Scotland, the Insolvency (Scotland) (Receivership and Winding Up) Rules 2018 provide that where there is no creditors committee, the remuneration of a liquidator shall […]

Variation to an office lease to allow use as a private members’ club

The Upper Tribunal has allowed a variation to a lease that restricted the use of a property to office use (with minor residential use) so that the tenant could implement a planning permission to convert the property into a private members’ club. Background A user clause in a lease is a restrictive covenant. If the […]

Tax now payable much sooner following a disposal of residential property

From 6 April 2020 significant changes will be made to the deadline for paying capital gains tax (CGT) and filing tax returns in respect of disposals by individuals and trusts of UK residential property. Taxpayers and advisers need to be aware of these changes now. UK property disposals prior to 6 April 2020 Previously, UK […]

Coronavirus job retention scheme: pensions aspects

When considering how to use the coronavirus job retention scheme (CJRS), employers may be wondering what this means for pension contributions and auto-enrolment obligations. This update considers some of the issues. How the CJRS works To access the CJRS an employer will need to designate affected employees as furloughed workers, notify the employees of this […]

Competition law – welcome guidance in a time of crisis

The Competition and Markets Authority (CMA) has published helpful guidance on how it will apply competition law in light of COVID-19. Meanwhile, the government has taken the unprecedented step of relaxing competition law in certain sectors. In the round, these developments offer welcome guidance and comfort – but they also serve as a timely reminder […]

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MACFARLANES LLP


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UK 200: 27

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£167M

PARTNERS

86

LAWYERS

337

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Ropes restructuring partner resurfaces at Macfarlanes

Ropes & Gray restructuring partner Peter Baldwin has resurfaced with a new role at Macfarlanes, in what is the City stalwart’s third lateral hire this year. Baldwin left Ropes last year and will join Macfarlanes at the start of June, where he will focus on special situations and distressed transactions. He worked in Ropes from […]

Macfarlanes

Macfarlanes bemoans lack of diversity in bumper promotions round

Macfarlanes has admitted that measures taken to ensure more diverse partnership appointments “have not filtered through yet”, with the firm making up one female partner out of a total of nine. The firm’s 2019 promotions round is its largest in five years, when nine partners were also made up. Last year just three lawyers were […]

Jessica Adam, Macfarlanes

The sole female partner in Macfarlanes’ corporate group, Jessica Adam is flying the flag for women who want to progress in this male-dominated field. Promoted to partner in 2013, Adam is at the forefront of decision-making for the firm’s junior lawyers, chairing its associate committee with a focus on diversity and career pathways. Having started […]

Pinsent Masons

Junior lawyers tell Pinsents: “We want advocacy training”

Pinsent Masons has responded to increased demand from its lawyers for advocacy training, following in the footsteps of Herbert Smith Freehills and Eversheds Sutherland which already offer such services. Pinsents first offered advocacy training to its lawyers three years ago, but this latest incarnation is a more concentrated, focused programme targeted at junior and mid-level […]

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