Search results

Please enter search term
Corporate Insolvency and Governance Bill 2019-20: Ipso Facto Provisions Generational Insolvency Reform restricts ipso facto provisions and pre-existing termination rights The Corporate Insolvency and Governance Bill 2019-20, published during the COVID-19 pandemic, contains far-reaching reforms to the insolvency regime...
How will COVID-19 affect the future of environmental taxes? Whilst the impact of COVID-19 on the environmental taxes agenda is yet to be fully understood, it would seem prudent for businesses to continue to prepare for the implementation of those measures announced albeit with the expectation that there may be...
The Corporate Insolvency and Governance Bill: a toolkit for the Covid era and beyond? The new Corporate Insolvency and Governance Bill contains a mixture of temporary measures necessitated by the immediate economic and practical challenges of COVID-19, and longer-term reforms to our restructuring and insolvency regime. This briefing...
COVID-19: Charities and an update to UK government support An update to UK Government support to charities during COVID-19. Further to the government’s announcement of a £750m package directed specifically at charities, this briefing provides an update on some further information that has been made...
How many hammers are needed to crack a nut? The ‘cum-ex scandal’ being the nut in question here. After a consortium of journalists uncovered schemes generating multiple refunds of German dividend withholding tax, the European Parliament asked the European Securities and Markets...
Data Privacy Newsletter Issue 13 (May 2020): Selected legal and regulatory developments in data privacy In this issue:  Regulator guidance Enforcement overview Case law update Views from… New Zealand The Lens Data Privacy at Slaughter and May
M&A activity in the COVID-19 and post COVID-19 world In this article we examine how COVID-19 will impact private M&A transactions, both in form and substance. The early stages of the COVID-19 crisis has seen corporates focus on their immediate needs, such as balance sheet strengthening, liquidity...
Clearer fines and cleaner immunity: Hong Kong's first antitrust penalty and revised leniency policy This client briefing analyses Hong Kong’s first pecuniary penalties judgment and the revised leniency policy for cartels published in April 2020. Until recently, understanding antitrust risk in Hong Kong was difficult due to uncertainties in the local...
How far does the fiction of a deeming provision extend? Not far enough to let the taxpayer escape UK tax under the UK/South Africa Tax Treaty, according to the Supreme Court in Fowler v HMRC. In its recent judgment, overturning the Court of Appeal’s decision, the Supreme Court held that a South African...
Subject access requests: new challenges arise from COVID-19 In the broader context of COVID-19, this briefing considers the ICO's draft guidance on the Right of Access, and offers some practical guidance for organisations in relation to DSARs. Although some organisations have seen a decrease in data subject...
Competition & Regulatory Newsletter On 6 May 2020 the UK Competition and Markets Authority announced its decision to block the completed acquisition of Footasylum plc by JD Sports Fashion plc following an in-depth Phase 2 investigation. The CMA noted the loss of competition between the...
Strings attached? Changes to the UK Government’s CCFF and CLBIL schemes to support large businesses This morning (19/5/2020) HM Treasury announced some important changes to the Covid Corporate Financing Facility (CCFF) and the Coronavirus Large Business Interruption Loan Scheme (CLBILS).  In this briefing we summarise the headline changes which...
New horizons: quantum computing and the banking sector In this article we provide a brief overview of the central tenets of quantum computing, before focussing on its potentially profound implications for the banking sector. The stage is set for quantum computing to bring about seismic changes in...
Getting the Deal Through - Debt Capital Markets (United Kingdom) 2020 UK and EU legal and regulatory framework of the debt capital markets, and factors which influence the market, including the documentation and execution of transactions. The UK has a very active debt capital markets known for their internationalism,...
No fixed establishment through parent-subsidiary relationship Or at least not automatically. A company established outside the EU does not have a fixed establishment for VAT purposes in an EU Member State merely because it has a subsidiary in that Member State. The Court of Justice confirmed this, and that a...