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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 […]

Recommended

Property

Clifford Chance represented Burford Holdings on the second and third lettings of Mayfair Place redevelopment. A 20-year FRI lease for 11,000sq ft has been signed with Brixton Estate at a rent of £650,000 per annum. 44,000sq ft have been let to commodity trader Glencore UK, which signed a 20-year FRI lease at an annual rent […]

Flotation

Cleary Gottlieb Steen & Hamilton represented the Swedish Ministry of Industry, Employment and Communication, acting for the Kingdom of Sweden, on an offering of shares in national telecoms company Telia AB. Partner Sebastian Sperber led a team of two on the deal. Sullivan & Cromwell acted for Telia AB while Skadden Arps Slate Meagher & […]

Cryptonomicon by Neal Stephenson, published by Arrow books ISBN0099410672

As both in-house and private practice lawyers wait for the next wave of consolidation to set them new challenges and devour more time, they might set aside a little quality time to read a novel and, if they are feeling guilty that something as frivolous as a work of fiction might not be the most […]

Chadbourne & Parke wins fight to open Beijing office

New York firm Chadbourne & Parke is to open an office in China, having been granted a licence by the Chinese Ministry of Justice. Chadbournes applied for the licence in 1994. It has finally received its certificate of approval and is now in the process of deciding exactly which lawyers it will charge with the […]

Titmuss Sainer to drop lockstep pay

Titmuss Sainer Dechert is dumping its lockstep pay structure in favour of a meritocracy policy as it finally merges with long-time US alliance partner Dechert Price & Rhoads. Titmuss Sainer, which has held an alliance with its US counterpart for six years, is smaller than Dechert Price’s office which has more than 168 partners compared […]

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