Brexit; It’s been the buzz word dominating the media recently and it’s likely to continue for some time. The UK’s decision to leave the EU has left both supporting sides of the ‘leave’ and ‘remain’ campaign in a somewhat collective state of uncertainty as to how this decision will impact the country right now and in the future years.

In the same week that the Recast Markets in Financial Instruments Directive (MiFID 2) and its companion Regulation (MiFIR) were ...

Interview with Maris VainovskisBilances Juridiskie Padomi No.8 (14) August 2014Foreign capital is more and more active in acquisition of Latvian companies. Will there be any large local companies left in the future at all?There is such a tendency in...

Telereal Trillium v Hewitt (Valuation Officer) [2019] UKSC 23 By a majority 3:2 decision, the Supreme Court has overturned the decision of the Court of Appeal in the case of Telereal Trillium v Hewitt (Valuation Officer) [2018] EWCA Civ 26. The case...

Ryan Fisher Vinyl & Carpet Showroom RA/94/2017 Thorntons plc and Clarions Solicitors Limited RA/80/2017 and RA/93/2017 The Upper Tribunal (Lands Chamber) has handed down two decisions recently which have highlighted the Tribunal’s pragmati...

How to navigate the financial recovery process the state is responsible for damages caused by the crisis measures adopted under the Crisis Act. No unlawful behaviour of the state is required business party is liable for damages caused by a bre...

Youssefi v Mussellwhite [2014] EWCA Civ 885 Horne & Meredith Properties Ltd v Cox [2014] All ER (D) 194 These two cases concern opposition to lease renewals on the grounds of the tenant’s breach of covenant (“grounds (a), (b) and (c)...

Witold Slawinski, head of tech & industrial engineering practice, authored an article for AmCham Quarterly. It is devoted to the recent changes to the Polish public procurement law. Read the full article >...

Colour Weddings Ltd v Ritchie Roberts (Valuation Officer) [2019] UKUT 385 (LC) The issue of how a property undergoing redevelopment should be treated for rating purposes hit the headlines a few years ago with the case of Monk v Newbegin. That case e...

From 20 March, UK pubs, restaurants and cafes have been closed as part of the government response to COVID-19. In an effort to stay afloat many food businesses are looking to diversify, with some offering takeaway and pick up services for the first ...

These are turbulent times especially for the UK food industry. Whilst some businesses are seeing an unprecedented demand for food, others are struggling to survive following site closures due to the recent legislation implemented; The Health Protect...

Since the outbreak of  the coronavirus pandemic just a few months ago, unfortunately we have seen a continuous rise in coronavirus related frauds targeting individuals, businesses and health authorities. Recent estimates suggest that already ov...

Cross-border fund marketing arrangements into the UK are poised to be significantly amended when the current post-Brexit ‘transition or implementation period’ (“TIP”) comes to an end on 31 December 2020.  Retail funds&rs...

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Rights granted by side letters will not necessarily be eligible for inclusion in new business leases. The Landlord and Tenant Act 1954 confers security of tenure on business tenants. It empowers the courts to order a new tenancy of the property com...

A guidance note for clients Empty rates As part of its policy to encourage the use and occupation of empty buildings, the Government has introduced the Rating (Empty Properties) Act 2007 (the 2007 Act). Under the 2007 Act, with effect from 1 April ...

The Carbon Tax Act No. 15 of 2019 | Effective as of 1 June 2019 “Reducing the impacts of climate change through facilitating a viable and fair transition to a low-carbon economy is essential to ensure an environmentally sustainable economic gr...

The pandemic has significantly hindered conducting stationary sale of goods and services. Many companies decide to change their business models and transfer their activities to the Internet, establishing new e-shops or developing the current ones. I...

The UK has suffered widespread damage as a result of recent flooding over the winter of 2019/20, with anticipated losses in excess of £400m. If flood-related interruption to a business is significant, property and business interruption (“BI”) polici...

  Summary On 1 November HMRC published its much anticipated guidance on the taxation of cryptoassets for businesses. The guidance sets out HMRC’s view on the taxation of transactions involving cryptoasset exchange tokens (such as Bitcoin)...

The UK government announced at the March Budget that they intend to introduce a requirement for large businesses to notify HMRC where they adopt an “uncertain tax treatment”.  The proposal is designed to improve HMRC’s ability...

  On 26 March 2020, the Chancellor Rishi Sunak proposed a package of tax measures relevant to UK businesses, large and small to help ease the pressures we face from the impact of COVID-19.  One of the measures in force, is the deferral of ...

The main support measures proposed by the government that affect the payment of taxes, fines and penalties On March 31, 2020, the State Duma and the Federation Council of the Russian Federation approved the Draft of Federal Law No. 862653-7, which i...

What you need to know As part of the response to COVID-19 the Government has delayed the introduction of the new IR35 rules (which extend the current IR35 rules that apply to public sector bodies to medium and large private sector organisations) unt...

WASHINGTON - Washington is planning another tidal wave of tariffs on Chinese imports that represent a worst-case scenario for markets and major industries on both sides of the Pacific.

National Assembly Speaker Thandi Modise has expressed her disinterest in participating in any virtual meeting over the platform Zoom as the national legislature came under criticism on social media for opening itself to hacking.

ZZQC International Business Group, China's major investment firm, will likely take part in Cityscape Korea 2017, the nation's largest international real estate trade show, signaling that it is moving into the Korean market in earnest. According to the secretariat office of Cityscape Korea on August 8, ZZQC will set up a booth in the Korea Economic Daily-sponsored exhibition and send five top executives to meet local developers and public agency officers. During the trade show period, the C...

Global furniture and home furnishing company IKEA has earned 365 billion won in sales for the past one year in Korea. The company said that it would open a total of six stores in Korea starting with a second store in Goyang, Gyeonggi Province, followed by Yongin (Gyeonggi) and Gyeryong (South Chungcheong) by 2020. Andre Schmidtgall, president of IKEA Korea, said on August 29 in a press briefing held in Bread Comma in Seoul's Yeonnam-dong that his company's sales revenue for the 2017 fiscal ye...

A man involved in a $2.5 million meth bust in Hawke's Bay has had his three and a half year prison sentence dropped to 12 months of home detention.Uriah Whetu Monty Wirihana received a prison sentence of three years and seven months...

Covid-19 has tipped some struggling and startup businesses over already - but the real toll will emerge in the coming months. READ MORE:• Receiver says wage subsidy propping up a walking-dead army of 'zombie firms' John...

The protection of brands is a key issue for many businesses, particularly for those brands which are consumer facing.   One aspect of brand protection is the protection of brands in domain names. Until recently, the number of generic top l...

During major sporting events, certain brands will actively pursue an “ambush marketing” strategy meaning that they will deliberately seek to associate their products with an event, despite not being one of the official sponsors. However,...

Cyber risk is the risk of financial loss, disruption, or damage to reputation as a result of  breaches of data security, including unauthorised disclosure of data, and compromise or failures of IT systems.  Specific examples include: ...

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We are delighted to share the initial findings from our research into sustainability in the food and beverage industry and the potential implications this has for legal teams. Extinction Rebellion, the Net Zero report – no business can ignore ...

On 1 April 2020, the President of the Russian Federation signed Federal Law No. 98-FZ On Amendments to Certain Legislative Acts of the Russian Federation on Disaster Management and Emergency Response, which introduces a number of measures in differe...

The last two years have brought challenging times for ratepayers and there is little respite on the horizon. With the 2017 Revaluation looming, rateable values are likely to increase substantially throughout large swathes of the country. Together wi...

The Supreme Court has overturned the Court of Appeal decision and found in favour of the ratepayer in this much-anticipated business rates case involving the rateability of a property which was undergoing substantial renovation. The ratepayer submit...