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Latest Briefings

Sentencing Council publishes gross negligence manslaughter definitive sentencing guideline

The penalties imposed on individuals for fatal accidents in the workplace are set to increase after the Sentencing Council for England and Wales published its definitive sentencing guideline for gross negligence manslaughter. Walker Morris health and safety experts, Stuart Ponting and Robert Starr, consider the new guideline and the implications for employers and directors…

Energy Update – August 2018

This energy update includes the following white papers: CMA publishes final report on Heat Networks calling for new regulation The first National Infrastructure Assessment is published recommending growth in Green Energy NAO report on package recycling Update on Electric Vehicles Amendment Regulations 2018 – in force 24 July 2018 The Mayor of London’s Energy Efficiency […]

Will the revised NPPF lead to more affordable housing?

By Katherine Evans On 24 July 2018, the long-awaited revised NPPF was released. The omission of social rented homes from definition of affordable housing in Annex 2 of the draft revised NPPF has been addressed. Starter Homes are now included in the definition but secondary legislation is still required to set out financial eligibility for […]

Luxembourg publishes law on VAT grouping

As foreseen in our previous newsflash, the law on VAT grouping has officially been published, last Friday. The text – which provides for an entry into force on 31 July 2018 – modifies the general VAT Law. It now enables Luxembourg entities sharing financial, economic and organisational links to set up a VAT group, thus allowing them to […]

Reform of the Portuguese pricing and reimbursement system

By Edward J. Dougherty Following a recent reform in 2015, the Portuguese pricing and reimbursement system is sophisticated and comprehensive. Nevertheless, substantial discretion is allowed to the competent national authority, and this is the source of most challenges for innovators…

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Lovells steps in to Second Life for pro bono fiesta

Lovells has embraced the power of technology to celebrate Pro Bono Week in cyberspace. From Monday (12 November) and running for a week Lovells will set up a stall in Second Life’s virtual world to mark a decade’s worth of pro bono work at Lovells. The exhibition showcases current and former pro bono clients including […]

Cash in hand

German legislation is being changed in recognition of the importance of cash pooling. Karl Maria Walter and Andreas Lindner explain Cash-management systems and financing models that include central liquidity equalisation (cash pooling) are essential tools of modern cash management for multinational businesses. However, while those multinational cash pool arrangements are generally accepted in most jurisdictions, […]

Financial Services: Trading flaw

It’s time for the FSA to toughen its stance on insider dealing, say Richard Lissack and Farhaz Khan The perception held by some in the 1970s that insider dealing was nothing more than ‘being something in the City’ appears astonishing in today’s terms. Indeed, even in the 1970s when insider dealing was not yet a […]

Shearman & Sterling

With the launch of its organic growth strategy, Shearman & Sterling‘s London office hopes to offer improved career prospects to associates and trainees. Promotions to partnership within the office have averaged just one a year over the past three years. However, London managing partner Kenneth MacRitchie recently promised to shift focus to organic growth rather […]

SJ berwin scores Nordic fund double

SJ Berwin has established Scandinavian funds for Industri Kapital and Segulah, with values of £1.16bn and £375m respectively. Industri Kapital’s previous fund was set up by Clifford Chance in 2002. SJ Berwin funds partner Nigel van Zyl said the firm was instructed on account of its “profile and position” in the funds market and was […]

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