PSMG launches major study on business development

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Latest Briefings

Polish law considerations: advance amount versus earnest money

This article is to discuss legal issues that may arise under Polish civil law in connection with the conclusion of a preliminary sale agreement and payment by the purchaser prior to execution of the final sale agreement of the amount which may be classified, depending on the parties’ decision, either as an earnest money (in […]

Poland reforms law to facilitate business activity

As of 30 April 2018, a package of five legal acts adopted on 6 March 2018 aimed at facilitating business activity entered into force in Poland. The legal acts are: Entrepreneurs Law Act;  Act on Ombudsman for Small and Medium-sized Entrepreneurs; Act on the rules for participation of foreign entrepreneurs and other foreign persons in […]

HMRC loses in specie contribution claim before the FTT

By Patrick Shee Self-Invested Personal Pensions, or SIPPs, have been under HMRC’s microscope for a number of years, but in a recent decision the First Tier Tax Tribunal (FTT) ruled against HMRC, finding that Relief at Source (RAS) for non-cash or in-specie contributions should be given to individuals. In Sippchoice Limited v HMRC [2018] UKFTT 12 the […]

The Health and Safety Sentencing Guidelines and their effect on business

By Adrian Mansbridge New Definitive Sentencing Guidelines for health and safety offences came into force on 1 February 2016; since then, there has been a significant increase in fines. What is clear from our analysis is that efforts by government to deregulate and reduce the burden of health and safety compliance have, from a financial […]

Mozambique: New regulations on compulsory social security

By Sonia Reis and Neylla Gulamhussen Decree no. 51/2017 of 9 October was approved as a result of the new challenges of Compulsory Social Security and seeks to adapt it to the current social situation. To achieve this, the Decree approves the Compulsory Social Security Regulations and came into force on 8 January 2018. The new […]

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Ropes & Gray scoops coveted lead role on SunGard buyout

The $11.3bn (£6.03bn) acquisition of SunGard Data Systems by a consortium of private equity houses has turned into a feeding frenzy for lawyers, with no fewer than seven US firms landing roles on the biggest leveraged buyout since the 1980s. Boston-based Ropes & Gray has landed the lead role advising the consortium on corporate aspects […]

Olswang team rivals patent specialists after new hires

Olswang team rivals patent specialists after new hires” />Olswang has ramped up its unique in-house patent filing and prosecution practice with the hire of three patent attorneys and a trademarks partner, to go head-to-head with the UK’s specialist patent attorneys. The firm has hired Brian Williamson, head of international patents at technology group NCR, as […]

Careers: People

Scotland’s Morton Fraser has hired Austin Flynn as a corporate partner from Edinburgh rival Murray Beith Murray. Also, corporate partner Adrian Bell will head the Glasgow office from 1 May when John Urquhart becomes a consultant. Penningtons has hired Boodle Hatfield partner Andrew Drake, who joins the Newbury office as a corporate and commercial partner. […]

Firms’ compulsory early retirement schemes fall foul of new legislation

The system of compulsory early retirement used by many UK law firms is resulting in a damaging ‘brain drain’ and may also fall foul of impending age discrimination restrictions, according to market experts. Compulsory retirement ages that differ from the legal standard of 65 will become unlawful under new regulations set to come into force […]

Eversheds to advise MG Rover administrators PwC

Eversheds has scooped a mandate to advise the administrators of MG Rover and Powertrain Limited. PricewaterhouseCoopers partners Ian Powell, Tony Lomas and Rob Hunt were this afternoon (8 April) appointed as joint administrators of MG Rover Group Limited. Additionally, Lomas, Steven Pearson and Rob Hunt have been appointed joint administrators of Powertrain Limited. It is […]

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