£17.5m payment to remove restrictions on selling shares not deductible for CGT
In a recent case, HMRC was successful in arguing that a payment made by a taxpayer to remove restrictions on his right to sell shares could not be deducted from his gains on selling those shares.
15 September 2015
Agents Beware! The Citibank/Revlon case – are there English law implications?
We consider the implications of the Citibank/Revlon payment error case on facility agents in English law governed financings
18 May 2021
Decarbonised Energy: Net Zero implications for the construction industry
12 months on from the government’s Net Zero 2050 pledge for the UK, we consider the emerging trends within the energy sector’s construction industry
21 July 2020
Restructuring and insolvency in the retail energy industry: Q&A with Nick Middleton and Andrew Eaton
This Q&A explores the current trends in restructuring and insolvency activity in the retail energy industry and considers the industry-specific issues and risks practitioners should be aware of
24 May 2022
Challenging the decisions of liquidators - Re Baglan Operations Ltd
This article looks at the Court’s decision in Re Baglan Operations Ltd and considers the implications for insolvency practitioners when dealing with potential environmental liabilities
04 May 2022
The National Security and Investment Act: Key considerations for lenders
We have examined some of the possible documentation amendments for lenders to consider in relation to the impact of the National Security and Investment Act.
19 November 2021
Turbulent Times: Considering the impact of Covid-19 on ATOL Holders in the travel sector
In this article, we discuss how the pandemic has affected ATOL Holders, what steps industry stakeholders are taking to bounce back and what the expectations are for the industry’s recovery
30 July 2021
The Recovery Loan Scheme for UK businesses impacted by COVID-19
A brief update on the closure of applications for the COVID Corporate Financing Facility, Coronavirus Business Interruption Loan Scheme, Coronavirus Large Business Interruption Loan Scheme and Bounce Back Loan Scheme and the introduction of the Recovery Loan Scheme
10 June 2021
COVID-19: June quarter day and the impact of extension to commercial tenant protections
Ahead of the June Quarter Day, we consider the implications of the Government’s extension of measures to suspend evictions and protect tenants
23 June 2020
The Electronic Communications Code: Key Points from 2019 and Trends for 2020
At New Year, we reflect on the outgoing year and look forward to the year ahead. These are our key takeaways from the 2019 Electronic Communications Code case law and the likely trends for 2020
06 January 2020
Electronic Communications Code: Ensure you play by the rules!
In its latest Code decision, the Upper Tribunal set a further marker of its expectations relating to the conduct of parties in Code litigation
01 May 2020
Draft Building Safety Bill – an analysis of the key provisions
In this article, we analyse the detail of the Building Safety Bill and highlight the key points you need to know
27 July 2021