Real Estate and Projects

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Latest Briefings

Amendments to the Hungarian Data Protection Act

By Dorottya Gindl The Hungarian Parliament has recently adopted legislation with the aim of harmonising the national data protection rules with the rules of the GDPR, and supplementing the national rules in areas not regulated by the GDPR. The Parliament adopted Act XXXVIII of 2018 (“Amendment“) in an extraordinary session and the new regulations entered […]

Changes to Entrepreneurs’ Relief: What do you need to know?

By Mark Braude A significant and welcome change to the Entrepreneurs’ Relief (ER) rules was announced in the Finance Bill 2019 last month. It is aimed at shareholders who would otherwise lose their entitlement to ER as a result of being diluted below the 5% required shareholding…

FCA publishes evaluation of Guaranteed Asset Protection intervention

By Alanna Tregear The Financial Conduct Authority (the FCA) said, as part of its 2018/2019 Business Plan, it wished to investigate the effectiveness and impact of its interventions into certain markets and industries. The FCA intends to conduct three pilot evaluations, the first being an evaluation of the FCA’s September 2015 intervention into GAP insurance. […]

Asset management and investment funds update

On 30 July 2018, ESMA published its final report following its peer review of the compliance and supervisory framework of six national competent authorities (NCAs) with aspects of the UCITS framework for Efficient Portfolio Management (EPM). The review covered the NCAs for Ireland, the UK, Luxembourg, Germany, France and Estonia and was limited to assessment […]

Employers: Capability procedures explained

By Michael Briggs This month, in our Breaking Down the Handbook series, we look at capability policies and why they are a useful tool for employers to have when it comes to dealing with poor performance…

Recommended

Real Estate and Projects

Sydney & London Properties buys Dorland House, the headquarters of Cordiant Communications, London, for £22m in its largest single acquisition to date. Sydney & London advised by Olswang (Philip Olmer). The vendor Escort Property Investment was advised by Freshfields Bruckhaus Deringer (David Cox).

FINANCE

Lloyds Associated Air Leasing

Beazer slashes UK property legal panel

Construction company Beazer Homes is cutting its property legal panel by more than half as it reaches the final stages of its proposed merger with Bryant. At present the company uses six external firms, including Davies Arnold Cooper, Ward Hadaway, Hammond Suddards Edge and Eversheds, throughout its regions, which are broken down into the North, […]

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Akin Gump merger partner loses top insurance team

A team of nearly 30 lawyers is leaving a Los Angeles firm that is merging with Akin Gump Strauss Hauer & Feld to join Howrey Simon Arnold & White. A third of the lawyers from Troop Steuber Pasich Reddick & Tobey will join Howrey’s California offices. The firm claims that the moves make it the […]

Lovells wins Commerzbank after panel firms conflicted

Lovells is acting for Commerzbank for the first time after the bank’s main corporate advisers were conflicted out on German-based Vaillant’s £692m bid for engineering group Hepworth. Commerzbank, which is acting as arranger and underwriter on the debt package financing Vaillant’s offer for UK company Hepworth, usually turns to Allen & Overy (A&O), Linklaters & […]

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