REAL ESTATE

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Latest Briefings

Countdown to Brexit series what should you be doing now?

By Shakeel Dad, Charlotte Smith Careful workforce planning is key to ensuring that your business has the necessary resource to keep delivering through this period of uncertainty. We look at some of the employment issues to bear in mind when assessing your next steps. Need more staff? Given the uncertainty of the status of EEA […]

Further important developments to when receivers can take possession of a property

By Karl Anders, Zoe McLean-Wells, Owen Ormond We reported in our April edition of Receivership Matters that a County Court had held that a Fixed Charge Receiver could bring proceedings in the name of the borrowers against the borrowers to recover possession of their own property. Again as reported, leave to appeal the decision was granted and the appeal […]

VAT guidance for LPA receivers

By Owen Ormond In August 2018 we published an article entitled LPA Receivers and the truth about VAT which explained the legal position in relation to Receivers and the collection and payment of VAT. Recently, the Association of Property and Fixed Charge Receivers (NARA) has produced an updated Guidance Note 6 Value Added Tax which sets out current industry […]

A right old mess! Practical problems arising from ‘Right to Manage’ legislation

By Karl Anders Why is this case of interest? In the recent case of FirstPort Property Services v Settlers Court RTM Company Limited [1], the Upper Tribunal considered some significant issues which can arise on multi-block estates as a result of ‘Right to Manage’ (RTM) legislation. The Commonhold and Leasehold Reform Act 2002 allows qualifying long leaseholders […]

RICS market survey shows that positivity has leaked out of the housing market

By Zoe McLean-Wells, Karl Anders The August 2019 RICS Residential Market Survey results point to a renewed deterioration in sales expectations over the near term, with survey respondents predicting a further decline in activity over the three months to come. Brexit uncertainty is unsurprisingly a significant factor causing the hesitation for both buyers and sellers. The […]

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A new realm

The change in market attitudes towards new economy companies has caused, or at least accelerated, a number of high-profile casualties. The old attitude allowed many companies to get off the ground even though they did not satisfy the traditional tests of long-term viability. But the combination of this and the now cautious market are a […]

Ashursts beats rivals to win work for Bayerische Hypo-und Vereinsbank

Ashurst Morris Crisp has won out against two City rivals to pick up work for the first time from Bayerische Hypo-und Vereinsbank’s acquisition finance unit. The firm acted for the German bank’s London office on refinancing the debt within Merlin Entertainments Group. While Ashursts has worked with Bayerische Hypo-und Vereinsbank before, both in its domestic […]

LEGAL WIDOW

With the election seemingly coming up, invites for the fundraisers have been coming in. Nothing, alas, for the infamous Lord Irving bash, but so non-committal has the Lawyer been about his true political leanings that we have cards on the mantelpiece for three separate party functions. I’m going to find the spring rather a strain, […]

LeBoeuf scoops Georgian telecoms privatisation work

Leboeuf Lamb Greene & MacRae has won a series of roles in the wave of privatisation sweeping the former Soviet Union. The firm is advising Commerzbank, which is leading the consortium acting for the Georgian government on the privatisation of Telecom Georgia (TG) and Georgian Local Lines Company (GLLC). The consortium includes the Bank of […]

Going for broke

While the UK economy is still buoyant, at least for the time being, the same has not been true in other corners of the globe. Depressed markets close to home and further afield have created work for insolvency practitioners on a range of mammoth and intricate deals over the last year. As an easy guide […]

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