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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…

Recommended

Rosneft’s Russian IPO highlights dangers

The controversy surrounding last Friday’s (7 July) pricing of Russian state-controlled oil company Rosneft has given firms a reason to pause before acting on Russian AIM listings. Cleary Gottlieb Steen & Hamilton was advising Rosneft on its London Stock Exchange listing, which is due on Wednesday (19 July). Linklaters had the more secure task of […]

Hammonds swoops on EDF for partner hire

Hammonds has strengthened its energy and utilities group with the hire of EDF Energy in-house lawyer Adam Langridge who will join the London-based team as a partner later this month. Langridge was principal solicitor at EDF Energy’s in-house team advising on energy corporate and commercial matters. His start date has not yet been finalised, although […]

SJ Berwin’s PEP breaks £700K barrier

SJ Berwin‘s average profit per equity partner (PEP) figure has been bumped up to above the £700,000 mark following accounting revisions to take into account FRS5, work in progress and the firm’s move to new premises. The adjustments have seen the firm’s 2005-06 PEP reach £711,000, a 6 per cent rise on the preliminary figure […]

Lovells sees SABMiller through trio of deals

Lovells has advised key client SABMiller on a trio of deals with a combined value of more than $2bn (£1.09bn) in just one week. Relationship partner John Davidson advised the brewer on a $1.75bn (£950m) Rule 144A bond issue. He also led the team that acted for SAB’s Columbian subsidiary Bavaria on the disposal of […]

Herbies rejigs work allocation system

Herbert Smith is poised to launch a full-scale review of its system of allocating work to associates in response to the surge in deal activity. According to well-placed sources, the top 10 City firm is expected to kick-start the review later in the year. Herbert Smith does not currently have a uniform policy for allocating […]

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