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The Government has been considering updating UK limited partnership law for some time and, following a consultation period, has introduced reforms with a view to simplifying the pre-existing law, reducing uncertainty and administrative costs and burdens, and ensuring that the UK remains an attractive and competitive location for private investment funds in comparison to other jurisdictions.
The UK's competition watchdog, the Competition and Markets Authority (CMA), has urged online sellers and suppliers of automated re-pricing software to learn from the example of a seller on Amazon Marketplace which was fined £160,000 for engaging in illegal price-fixing.
Welcome to the latest edition of our Anti-Bribery Newsletter, our regular review of developments in the UK's fight against bribery and corruption. The Bribery Act 2010 has been in force for over 5 years and the UK's Serious Fraud Office is now beginning to see the results of some of its long-running bribery cases.
With total fines for competition law infringements imposed by EU and UK competition authorities now regularly exceeding £1 billion a year, the cost of failure to comply has never been higher. Individuals, particularly directors, are also increasingly at risk.
The Department for Business, Energy and Industrial Strategy (DBEIS) published guidance for landlords of non-domestic private rented property on the Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 (the Regulations) on 23 February 2017 (the Guidance).
On 20 February 2017, Travers Smith organised a debate on the future of UK energy, focussing on the likely balance between traditional and renewable energy sources along with related direct and indirect environmental, social and geo-political consequences.
What can businesses do to ensure that their commercial contracts are "Brexitproof"? Despite the continued uncertainty over the nature of the UK's future relationship with the EU, there are steps that you can take now.
The existing rules have been extensively amended over the years - 23 times since 1986 - in order to reflect ongoing changes in primary legislation, case law and policy. Regular additions and deletions of text have resulted in, what has been described as, an “impenetrable thicket” of legislation.
E-filing for insolvency proceedings to become mandatory from 25 April 2017
After April 2017, all large UK companies will be required to report on their payment practices and performance. This new requirement is one of a number of ways in which the government is trying to tackle the problem of late payment for small and medium enterprises.
The High Court has today sanctioned a scheme of arrangement by which Severn Trent Water will acquire all the voting shares of Dee Valley Group plc.