Search Results

Rights of light in cities: injunctions and damages | CMS Cameron McKenna

As space commands a higher and higher price in our cities, new buildings are being put up ever closer together and reaching ever taller. London, with its record land prices, already has the UK’s largest concentration of commercial skyscrapers. After a slowdown in development during the economic recession, Savills Project Consultancy’s ‘Commercial Development Activity’ (March …

Continue reading “Rights of light in cities: injunctions and damages”

Court of Appeal supports FSA’s request for documents | Norton Rose Fulbright

The trend for co-operation between international financial regulators has become a feature of the regulatory environment over recent years. On 24 February 2010, in a boost for the Financial Services Authority (FSA) in its approach to dealing with requests for assistance from overseas regulators, the Court of Appeal allowed an appeal and found in favour …

Continue reading “Court of Appeal supports FSA’s request for documents”

Canadian international trade and investment priorities: Budget 2010 and the Throne Speech | Blake, Cassels & Graydon LLP

On 4 March 2010, the federal government announced its budget for 2010 (Budget 2010). Several of the measures proposed by the government relate to international trade and investment. Included in the budget are commitments to: eliminate a large number of custom tariffs on manufactured goods; continue the negotiation of international trade and investment agreements; enhance …

Continue reading “Canadian international trade and investment priorities: Budget 2010 and the Throne Speech”

Supreme Court warns: agree first, start work later | Edwards Wildman Palmer UK LLP

There is a situation more common than most people would think, particularly in the construction industry whereby parties commence work under a letter of intent, pending the negotiation and execution of a full written contract, setting out all the detailed terms and conditions governing contract performance. This often occurs where projects are time and cost …

Continue reading “Supreme Court warns: agree first, start work later”

All change for the new financial year | Charles Russell Speechlys

With the AGM season in full swing, this article takes stock of rule changes that public companies have been dealing with when presenting their accounts and holding their AGMs. Before looking at the changes it is worth remembering that the legal and governance regimes do not apply in their entirety to all companies. Company definitions …

Continue reading “All change for the new financial year”

EFRBS: attractive alternative for high earners? | Jones Day

6 April 2006 saw the introduction of the Employer Financed Retirement Benefit Scheme (EFRBS), replacing the now defunct Funded Unapproved Retirement Benefit Scheme. An EFRBS is an unregistered (ie not registered with HM Revenue & Customs) pension scheme commonly used to provide retirement benefits to high-net-worth individuals (defined as those earning over £150,000 per annum …

Continue reading “EFRBS: attractive alternative for high earners?”

What a nuisance! Key environmental cases from the past year | Burges Salmon

The law of nuisance was first developed by the courts of England and Wales hundreds of years ago, long before the industrial revolution, at a time when England was predominantly a rural society. Throughout the intervening period there has been great change to our society and the law of nuisance has been adapted by the …

Continue reading “What a nuisance! Key environmental cases from the past year”

Who’s watching you? Rise of corporate monitoring | DLA Piper

The new zealous and robust approach adopted by the Serious Fraud Office (SFO) to combat corporate fraud and corruption offences has been increasingly described as the Americanisation of the organisation. The US Department of Justice (DoJ) and Securities and Exchange Commission (SEC) (equivalent to the SFO and Financial Services Authority (FSA) here) have made anti-corruption …

Continue reading “Who’s watching you? Rise of corporate monitoring”

Changes to the PBS | Magrath Sheldrick LLP

On 18 March 2010 the UK Border Agency (UKBA) announced changes to Tier 1 (General), Tier 2 (General) and Tier 2 (Intra-Company Transfer) of the points-based system (PBS). These changes came into effect on 6 April 2010. These changes will give employers food for thought, particularly when transferring employees from overseas branches to the UK. …

Continue reading “Changes to the PBS”

Withholding tax on cross-border transactions: a judicial conundrum | Amarchand Mangaldas

Internationally, most countries require that those who pay interest, dividends and royalties to foreign recipients must withhold the income tax at the time of payment and must deposit the same amount with the treasury. Similarly, under s195 of the Income Tax Act 1961 (the 1961 Act) the Indian domestic tax laws cast a vicarious obligation …

Continue reading “Withholding tax on cross-border transactions: a judicial conundrum”