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With COP 26 still fresh in the memories of lawmakers, and both the European Green Deal and UK Government's 'Net Zero Strategy' setting the goal of being climate-neutral by 2050, it is no surprise that competition law is having to examine its interaction with the environmental, social and governance (ESG) agenda.
A regular briefing for the alternative asset management industry.
Many Main Market companies will now be preparing for their 2022 AGM and FY2021 annual reports. This note summarises some of the key agenda items and our expectations for this year.
Many AIM companies will now be preparing for their 2022 AGM and FY2021 annual reports. This note summarises some of the key agenda items and our expectations for this year.
Welcome to our series of podcasts focusing on international employment law.
The Chancellor delivered his Spring Statement on 23 March 2022. Mr Sunak attempted to strike the difficult balance between delivering measures which will ameliorate the current cost of living crisis at a time when economic uncertainty and increased security spending as a result of the war in Ukraine is adversely affecting the public purse.
Several recent cases highlight the importance of process for both customers and suppliers when contracting on standard terms (or a mixture of standard terms and "bespoke" terms). In this briefing, we highlight some of the key pitfalls for the unwary, particularly around the so-called "battle of the forms".
"It does not follow that documents obtained lawfully in one jurisdiction are available for use in litigation in another." The High Court confirms in Suppipat v Siam Bank [2022] EWHC 381 (Comm) that, where documents obtained in litigation outside the jurisdiction are proposed to be put in use by a party to English proceedings, English law, as the lex fori, will determine the questions of loss of privilege and confidentiality.
Travers Smith Competition Partner Stephen Whitfield has written an article for Thomson Reuters Regulatory Intelligence on upcoming regulatory challenges facing M&A transactions, in particular in the financial services sector.
As we have previously reported, many commercial landlords and tenants have had discussions about the extent to which they can comply with their leasehold obligations during the Covid-19 pandemic. The UK Government put in place a number of protective measures for tenants over the course of the past two years.
We recently hosted a webinar on the UK's new Qualifying Asset Holding Company Regime (QAHC) which will come into effect from April 2022.
It is certainly a busy time for those in the real estate sector with an interest in tax matters. Next month (April) sees the introduction of the residential property developer tax (RPDT), changes to the REIT rules and the introduction of the qualifying asset holding company (QAHC) regime.
On 15 March 2022, the Economic Crime (Transparency and Enforcement) Bill (the "Bill") received Royal Assent, and is now known as the Economic Crime (Transparency and Enforcement) Act 2022 (the "Act"). As explained in our recent briefing on the Bill, the Act introduces a register of beneficial ownership information for overseas entities that own or buy UK property ("the Register"), as part of the government's package of sanctions against Russia and in order to progress its longer-term strategy of combatting economic crime.
The High Court has confirmed the narrow scope of the "iniquity exception" to legal professional privilege in a fraud claim brought by a London law firm against a former client. The firm sought to rely on privileged communications and confidential information in its evidence.
On 15 March 2022, the UK's new Economic Crime (Transparency and Enforcement) Act (the "ECA") received Royal Assent. The legislation contains a number of important provisions, including the introduction of a new 'Register of Overseas Entities' and reforms to unexplained wealth orders.
We recently hosted a webinar on the UK's new Qualifying Asset Holding Company Regime (QAHC) which will come into effect from April 2022.
In a bid to bolster its attractiveness to the asset management sector, the UK is introducing a new tax efficient vehicle: the qualifying asset holding company (“QAHC”, pronounced “quack”). The elective regime will be introduced in April 2022 and, by providing a simplified basis of taxation and a host of generous tax benefits, should allow the UK to compete with Luxembourg and other competitor jurisdictions.
Key employment and business immigration developments for employers.
We recently hosted a webinar on the UK's new Qualifying Asset Holding Company Regime (QAHC) which will come into effect from April 2022.