Virgin Media names new deputy GC

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Latest Briefings

Impact of 2019 budget proposals on Dutch’s buyout sector

The Dutch government published important tax measures in its 2019 budget proposals with a potentially significant impact on the Dutch buyout sector. Some of these measures may result in a higher effective tax burden if appropriate action is not taken…

The meaning of occupation in the context of business rates

By Sophie Tracey, Lucy Shepherd In a decision that will be welcomed by property owners, a recent case has considered the meaning of ‘occupation’ in the context of business rates and has decided that the motivation for occupation is not relevant. Background Principled Offsite Logistics Ltd (POLL) applied for judicial review to challenge a local authority’s […]

Overage provisions helping landowners to ensure a fair price for its land

By Bhavesh Amlani, Michael Callaghan Overage provisions are a common feature of the development landscape, helping to ensure that a landowner receives a “fair” price for its land. Introduction Overage provisions give a landowner the right to receive a future payment following the sale of the property if the developer enhances the value of that property. […]

Luxembourg legitimising and embracing blockchain technology

By Bertrand Geradin What is the new securities law about? Since Bitcoin’s blockchain technology entered the mainstream, the crypto-currency market has boomed at an incredible rate. Blockchain – the underlying distributed ledger technology behind Bitcoin – has the power to disrupt many industries, and in particular to revolutionize the security of ownership. Luxembourg has opted to […]

CJEU allows full deduction of VAT on aborted transactions

VAT on abort costs in case of an unsuccessful takeover bid is deductible, provided the buyer intended to supply management services for consideration to the target company. This was ruled by the Court of Justice of the European Union (“CJEU”) in the Ryanair case (C-249/17) issued on 17 October 2018. Facts of the case Ryanair […]

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Pinsents knocks DLA off AIM top spot

Pinsent Masons has stormed to the top of Hemscott’s AIM adviser rankings, gaining six new clients in the past six months. In the last quarter the firm overtook AIM heavyweights DLA Piper and Norton Rose for number of clients listed on AIM. DLA Piper remained in second place despite five companies dropping off its roster. […]

Cadwalader redundancies: Round two

The news that Cadwalader Wickersham & Taft is laying off an unprecedented number of lawyers – 96 – has left lawyers across Manhattan shell-shocked. Any lingering hopes that the worst effects of the credit crunch had passed for law firms were neatly skewered by Cadwalader’s announcement yesterday (Wednesday 30 July). The firm’s most recent “right-sizing” […]

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DLA offs

DLA offs1-August-2008 Thank God it’s Friday. The legal market has had a tough week. Thank God it’s Friday. The legal market has had a tough week. Since the credit crunch hit, firms in regions from the northeast (Dickinson Dees, Muckle,) to the southwest (Bevan Brittan) have laid off lawyers. City partners, by contrast, have been […]

Reed Smith to open in Silicon Valley with MoFo hire

Reed Smith is to launch an office in Silicon Valley after hiring Morrison & Foerster Palo Alto partner Rich Scudellari. Scudellari, who has joined the firm’s corporate and securities group, will initially be the only partner based in the office, but Europe and Middle East managing partner Roger Parker said the total headcount would rise […]

Tony Connell: Crown Prosecution Service (CPS)

Who would you least like to be stuck in a lift with and why? Any Liverpool fan. I ­support Everton, ‘the ­people’s club’. What was your first-ever job? Newspaper boy in a very cold, wet Liverpool. What was your worst ­experience as a trainee? Steadily getting more ­overdrawn as a pupil ­barrister. What time do […]

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