Autumn Budget 2017: Increased limits for investments in knowledge-intensive...
The Chancellor has announced a doubling of the annual allowance for people investing in knowledge-intensive companies through the Enterprise Investment Scheme (EIS) and the annual investment those...
View ArticleAutumn Budget 2017: Good news for first-time buyers of residential property
A new relief has been announced by the Chancellor, effective from today, for first-time buyers of residential property. No SDLT will be chargeable on the first £300,000 of the consideration and 5% is...
View ArticleAutumn Budget 2017: Joint and several liability for VAT extended to online...
The inaugural Autumn Budget seeks to ensure a level playing field between online marketplaces and physical stores in the context of VAT. The Finance Bill 2017-18 will extend joint and several...
View ArticleThe Italian insolvency law reform project
By the Law 155/2017, that came into force on 14 November 2017, the Italian Parliament delegated the Government to adopt, within the next twelve months, a comprehensive and organic reform of the...
View ArticleCharity Commission CEO Draws Up Plans To Charge Larger Charities
The Charity Commission’s CEO has said that the Commission is drawing up plans to require the largest 2,000 charities to contribute to the cost of charity regulation. The comments come at a time when...
View ArticleThe impact of Insolvency Act proceedings on adjudication enforcement...
Summary The head of the Technology and Construction Court (“TCC”), Coulson J, has given a clear indication, in this case, that he will allow adjudication enforcement proceedings to continue despite a...
View ArticleTermination give the party in breach an opportunity to remedy first
Summary In Interserve Construction Ltd v Hitachi Zosen Inova AG [2017] (TCC), Jefford J in the Technology and Construction Court (TCC) granted a declaration that a contractor ought to have been given...
View ArticleConstruction Foundation Newsletter November 2017
Foundations will update you with details of what we think are the top court decisions of the previous month and provide a summary of important legislation changes or proposals and a paper providing...
View ArticleAdjudication: Court of Appeal guidance on the requirement to serve a pay...
Adam Architecture Ltd v Halsbury Homes Ltd [2017] EWCA Civ 1735 (02 November 2017) Under section 111 of the Housing Grants, Construction and Regeneration Act 2006, as amended by Part 8 of the Local...
View ArticleSet-off on the right foot: a practical guide to set-off
Employers and Developers typically undertake multiple construction projects at the same time, and normally, having built a successful working relationship and track record with a good professional...
View ArticleLegislation Update: Department for Business, Energy & Industrial Energys...
Open Consultation on the 2011 Changes to Part 2 of the Construction Act The first consultation is intended to support a non-statutory post implementation review of the 2011 changes to Part 2 of the...
View ArticleClarity on Concurrency concurrent delay in construction and engineering...
It seems that in almost every construction and engineering dispute that involves allegations of delay, there is an accompanying claim of concurrency. These claims are usually underpinned by a lack of...
View ArticleFrance Private enforcement of competition law: French Supreme Courts...
On 13 September 2017, EDF and ERDF lost their fight to declare null and void the contracts they entered into further to bids that were rigged by Nexans France (“Nexans”), Prysmian Energies Câbles et...
View ArticleUK HR E-briefing - Employers face minimum wage challenges as rates rise
The Government has confirmed that the top rate of the national minimum wage, known as the national living wage, will increase by 4.4% to £7.83 in April 2018. The new rate, which applies to workers...
View ArticleAutumn 2017 Budget: period drama or zombie apocalypse?
Our Tax lawyers Cathryn Vanderspar and Ben Jones comment in the Practical Law Article. Click here to view the full article. ...
View ArticleUK: Cost of energy review call for evidence following the Helm Review
A call for evidence on reducing the cost of energy has been launched by the Government, following the publication on 25 October 2017 of Professor Helm’s independent review on the reduction of energy...
View ArticleFrance: Onshore wind call for tender, deadline of 1 December is approaching
The French Government has announced that 6 calls for tender for onshore wind will be launched between 2017 and 2020 for a total of 3GW. In the first call for tender, a total of 500MW will be awarded...
View ArticleElectricity Storage and Renewables: Costs and Markets to 2030 Paper
IRENA, the International Renewable Energy Association, has published a detailed paper entitled ‘Electricity Storage and Renewables: Costs and Markets to 2030’. Click here to access the full paper....
View ArticleEMIR: Proposal for physically settled foreign exchange forward transactions...
The European Commission has published proposed amendments to EMIR which include a proposal for physically settled foreign exchange forward transactions to fall outside the scope of the variation...
View ArticleTransport for the North to become a statutory body
Background As part of the Government’s commitment to the “Northern Powerhouse” agenda, legislation to turn Transport for the North (“TfN”) into a statutory sub-national transport body with legal...
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