<p>Filter Knowledge</p>

A barrier-free flow of personal data between the EEA and the UK shows much greater promise now that the European Commission has published its draft adequacy decision for the UK. Whilst this is welcome news, it does not mean an end to post-Brexit uncertainty in this area.

Find out more about our disputes practice and how we go about our business.

Travers Smith LLP has advised Auction Technology Group (ATG) on its Main Market IPO.

On the 6^th April 2021, a new Practice Direction 57AC ("PD 57AC") will come into force in the Business and Property Courts, applicable to all trial witness statements signed on or after that date¹. The introduction of PD 57AC represents a fundamental reform to the way factual witness evidence is collected and presented in commercial litigation, and will require a change in working practice and attitude on the part of both parties to commercial proceedings and their lawyers.

Recent press reports have speculated that the Chancellor, Rishi Sunak, is set to increase the main rate of UK corporation tax rate (currently 19%), with some reports predicting a sharp rise to 25%. 

Travers Smith LLP has advised Liberum Capital Limited as nominated adviser and sole broker to Virgin Wines UK plc on its AIM IPO. Virgin Wines is one of the UK’s largest direct-to-consumer online wine retailers.

Travers Smith LLP has advised long-standing client TA Associates on the completion of its investment in Fairstone Group, which incorporates one of the UK's largest chartered financial planning firms, having had all regulatory approvals granted last week. TA Associates invested alongside existing investor Synova Capital, which first invested in Fairstone Group in 2016.

Since our previous briefing there have been a number of developments in the area of tax investigations and disputes. This briefing summarises some key ones and what they mean for taxpayers.

The Trade and Cooperation Agreement (TCA) signed by the UK and the EU in December 2020 contains a number of provisions which relate to tax. In this briefing, we look at what they are and how far they could constrain the UK's room for manoeuvre on tax issues in future.

A regular briefing for the alternative asset management industry.