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Overnight sensation: ISDA publishes new definitions to facilitate transition from EONIA

On Friday 14 February 2020, the International Swaps and Derivatives Association, Inc. (“ISDA”) published the ISDA Collateral Agreement Interest Rate Definitions (the “Collateral Rate Definitions”). The Collateral Rate Definit...




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Pinnacle West Capital Corporation (PNW) CEO Jeff Guldner on Q1 2020 Results - Earnings Call Transcript




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Licensing reforms - Police Reform and Social Responsibility Bill

The Government's proposed changes to the licensing regime established under the Licensing Act 2003 ('the Act') are set out in the Police Reform and Social Responsibility Bill ('the Bill'). The amendments which are expected to be implemented will imp...




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First Phase of Licensing Act 2003 Reforms Come into Effect

The 25th April 2012 marked the implementation of the first  phase of amendments to the Licensing Act 2003 (‘the Licensing Act’) ...




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Easements, covenants and profits à prendre: reform is in the air

The Law Commission has published a consultation paper proposing wide-ranging reforms to the law governing easements, covenants and profits à prendre. The changes suggested by the Law Commission include: the creation of a single new method ...




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Tenants’ rights of first refusal

The Landlord and Tenant Act 1987 grants tenants of flats a right of first refusal if the landlord wishes to dispose of its interest in the whole or part of 'a building'. In a decision that is hugely significant for the increasing numbers of landowne...




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Landlord had been entitled to refuse consent to a newly formed company

A landlord had acted reasonably in refusing consent to an assignment to a newly incorporated company, despite the landlord having the benefit of the previous tenant's covenant. Royal Bank of Scotland plc v Victoria Street (No 3) Ltd concerned a cov...




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The effect on VAT recovery of granting a residential tenancy in a new building

Residential developers need to take great care that they do not jeopardise their recovery of VAT by granting a short–term tenancy. The current downturn is leading developers to let out new properties instead of selling them. Great care is nee...




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Affordable housing construction briefing: the Remedies Directive

How important is public procurement to the public sector? Many contracting bodies incur more expenditure each year on externally provided works, services and supplies than they do on their own workforce, but focus typicall...




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Scotland Effect - No Vote

Introduction The “No” vote by the people of Scotland to Scottish Independence removes some elements of uncertainty from the political and economic landscape in Scotland.  Nevertheless, the narrow margin of the vote against independe...




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Businesses take note: The Carbon Tax Act is coming into effect

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...




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The Minimum Energy Efficiency Standard (“MEES”) for commercial properties – upcoming changes for landlords and tenants.

On the 15 October 2019 the government published its consultation on the future trajectory of the Minimum Energy Efficiency Standard for commercial properties under the Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 ...




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The Government introduced tax reliefs and extended deadlines

The Government introduced tax reliefs and extended deadlines The Government decided on the tax reliefs previously announced, postponing the deadlines in connection with the annual report to 30 September. The payment of health services contribution b...




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Markus Naef: new Partner with Eversheds Sutherland and Brigadier General with the Swiss Armed Forces, currently National Coordinator for procurement in times of COVID-19

Eversheds Sutherland is pleased to announce the appointment of a new Partner in the fields of data protection and IT law. As an attorney and 2012 certified Senior Project Manager IPMA Level B, Markus Naef advises companies on legal safeguards and ex...




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Eversheds HR e-briefing 543: Queen's Speech: what news for employment law?

As part of the State opening of Parliament, the Queen today set out the government’s plans for legislation over the course of the new parliamentary session.  Disappointingly, however, the Queen’s Speech contained...




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Can Technology Offset the Effects of Population Aging on Economic Growth? New Report from the Asian Development Bank

By East-West Center HONOLULU (March 27, 2020)—Population aging is affecting countries all across Asia. This ongoing demographic transition will leave many of the region’s economies increasingly dependent on an aging, and eventually a shrinking, workforce. Economists disagree, however, on whether population aging will necessarily lead to a slowdown in economic growth.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.




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Briggs & Stratton: Buy The Senior Unsecured Bonds And Short The Stock Ahead Of Potential Refinancing



  • BGG
  • Double S Capital
  • SA PRO Editors

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2020 Luxembourg budget draft law: Tax rulings granted before 2015 are no longer valid!

In Brief: According to the 2020 budget draft law n°7500, published on 14 October 2019 (the “Bill”), the validity of advance tax agreements (“ATAs”) granted prior to 1 January 2015 should now be limited to five years. Sinc...




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Brexit Briefing: Cross Border Employees and Social Security Contributions

  1. Brexit Implications for Social Security Contributions 1.1 If the UK leaves the EU there may be social security implications for UK employers who have employees working in the EU, EEA or Switzerland. If there is a no deal Brexit then action...




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German tax refund opportunity

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Coronavirus - Requirements for granting tax relief - Germany

Corona tax deferrals in the light of the applicable law Since the publication of the guideline from the German Federal Ministry of Finance ("Bundesfinanzministerium", BMF) published 19 March 2020 (cf. our ...




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Coronavirus – VAT relief for businesses – UK

  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 ...




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Coronavirus - Tax relief measures for volunteers and donations – Germany

Tax relief for volunteers and donations in the Corona crisis The Corona crisis poses enormous challenges for the whole society. In order to mitigate the spread of the pandemic, a wave of helpfulness and solidarity has been raised to assist the fello...




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HR e-briefing 397 - EU agrees major changes to European Works Councils

The European Parliament agreed to a new 'recast' version of the European Works Council (EWC) Directive on Monday 15 December and this was confirmed when MEPs voted in favour on Tuesday 16 December. The recast EWC Directive is now expected to be...




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HR briefing 450 - new blacklisting regulations now in force

The Government has today implemented new regulations (The Employment Relations Act 1999 (Blacklists) Regulations 2010) to outlaw the compiling and use of trade union blacklists. The regulations also aim to stop trade union...




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HR e-briefing 464: balloting requirements for industrial action

A growing number of successful injunctions against trade unions to halt strikes is attracting increasing media attention. Arguments will undoubtedly continue about whether such injunctions are undemocratic, or simply reflec...




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Eversheds' HR e-briefing 468 - Temporary cap on non-EU migration and launch of consultation on permanent annual cap

On Monday, the Home Secretary, Theresa May, launched the consultation document for the proposed permanent annual limit on non-EU economic migration. At the same time, details of a temporary limit to operate in the interim period until April 2011 wer...




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HR e-briefing 494- Key strike law decision from Court of Appeal

The law relating to industrial action is complicated and many aspects are unclear, mainly because of conflicting court decisions, complex statutory rules or because of the absence of judicial interpretation. In particular, uncertainty exists over th...




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IHC HR e-briefing 141 - Key strike law decision from Court of Appeal

The law relating to industrial action is complicated and many aspects are unclear, mainly because of conflicting court decisions, complex statutory rules or because of the absence of judicial interpretation. In particular, uncertainty exists over th...




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Practical Implications of RMT v Serco Ltd and Aslef v London & Birmingham Railway Ltd

Introduction

Full Article



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Eversheds' HR labour law e-briefing - New trade union membership statistics published by BIS

The annual report published by BIS on trade union membership has just been published and contains new statistics for 2010. As in previous years, it tracks an ongoing decline in trade union membership levels and, similarly, a fall in the number of em...




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Eversheds' HR e-briefing 508: Significant change for European Works Councils from 5 June 2011

There are over 900 European Works Councils (EWCs) providing for pan-European workplace consultation involving cross-border restructuring, mergers and transfers. While employers with EWCs have differing views on their success and relevance to date, l...




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UK Labour Law Briefing - June 2013

Welcome to our June UK labour law update. This edition contains the following content: UK labour law news Trade union membership rises to 6.5 million reversing recent falling trends PCS and TSSA unions move closer towards mergers with Unite  ...




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UK HR ebrief: Q&A briefing on collective redundancies and the Woolworths decision

In



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UK IHC HR ebrief EU appears open-minded about pay between assignment contracts

EU appears open-minded about pay between assignment contracts Having inherited the Agency Workers Regulations 2010 on taking office, the UK Government had p...




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Eversheds Sutherlands UK Labour Law E-briefing - Court of Appeal upholds small single collective bargaining unit

Court of Appeal upholds single collective bargaining unit for only 1.2% of employees in an otherwise non-unionised employer In a significant development for employers, particularly those without recognised trade unions and those with dispersed busin...




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UK HR E-briefing: Mental health in the workplace – report says employers must do more for employees

Employers are being urged to do more to look after the mental health of their workforce with the publication today of the outcome of the Stevenson/Farmer review of mental health and employers. Estimating that poor mental health costs employers betwe...




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Healthcare speed briefing: The Government's response to the Francis Inquiry

The Government has now responded fully to the 290 recommendations made by the Francis Inquiry earlier in the year. Since the publication of the report in February of this year, members of our team who acted as a part of the team acting as Solicitors...




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Pfenex's (PFNX) CEO Eef Schimmelpennink on Q1 2020 Results - Earnings Call Transcript




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MTS Systems Corporation (MTSC) CEO Jeff Graves on Q2 2020 - Earnings Call Transcript




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Shipping Update: ‘Valle Di Cordoba’ - Owners’ relief and Charterers’ concern

Introduction In the recent case of Trafigura v Navigazone Montanari, the Commercial Court was asked to decide whether, on its true construction,  an amended Trafigura In-Transit Loss clause (the “ITL Clause”) (as inserted into a Bee...




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Eversheds' Costs Team e-briefing

Guru Update – Mitchell – where we have all been getting it wrong! The Court of Appeal on Friday afternoon, handed down judgment in a series of appeals arising out of applications for Relief from sanctions, Denton & Ors v TH Whit...





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Despite Bolsonaro's promises, Amazon deforestation hits a new high in first four months of the year

Deforestation in the Brazilian Amazon hit a new high in the first four months of the year, according to data released on Friday, a worrying trend after the devastation caused by record fires last year.




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Argentina open to proposals from bondholders: default deadline stands at 22 May

Argentina will keep pushing for talks with creditors even as a deadline for its US$ 65 billion debt restructuring proposal passed on Friday with little sign it had the support needed from international bondholders to unlock a comprehensive deal. Apparently on averaged less than 20% of bondholders accepted Argentina's conditions




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Orji Uzor Kalu deserves EFCC apology not retrial – Enugu APC

The Enugu State Chapter of the All Progressives Congress, APC, has asked the Economic and Financial Crimes Commission, EFCC, to tender an apology to Senator Orji Uzor Kalu. DAILY POST reports that Kalu who had been in prison custody following conviction by a High Court has now been set free by the apex court in […]

Orji Uzor Kalu deserves EFCC apology not retrial – Enugu APC




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La Doctrina del Llamado Eficaz de Dios

La enseñanza bíblica en profundidad de John MacArthur lleva la verdad transformadora de la Palabra de Dios a millones de personas cada día.




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La Doctrina del Llamado Eficaz de Dios B

La enseñanza bíblica en profundidad de John MacArthur lleva la verdad transformadora de la Palabra de Dios a millones de personas cada día.




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NFI Group, Inc. (NFYEF) CEO Paul Soubry on Q1 2020 Results - Earnings Call Transcript




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Pfenex's (PFNX) CEO Eef Schimmelpennink on Q1 2020 Results - Earnings Call Transcript