November 7, 2016
“The ability to simplify means to eliminate the unnecessary so that the necessary may speak” (Hans Hoffman) Simplifying a group structure through closing corporate vehicles can have significant benefits to the balance sheet and the business. It may also help with your work load. This article sets out why corporates ... Read More »
by: Wedlake Bell
November 3, 2016
Companies often ask what adjustments need to be made if they employ someone with a long term illness. The recent case of G4S Cash Solutions appears to take the steps that need to be considered that bit further. The G4S case The G4S case involved an employee who had a ... Read More »
by: Wedlake Bell
November 1, 2016
The Business, Innovation and Skills Committee of the House of Commons has jumped on the bandwagon and launched an inquiry into corporate governance. An analysis of governance is drawing interest from a broad spectrum of people including our new Conservative Prime Minister, the Labour chair of the Business, Innovation and ... Read More »
by: Wedlake Bell
October 28, 2016
On 23 June 2016 the UK voted in a referendum to leave the European Union. While non-binding, the new government has said that the Brexit vote will be given effect. The response in the UK to the referendum result was an outpouring of emotion and a cessation of effective government ... Read More »
by: Wedlake Bell
July 26, 2016
INTRODUCTION This note highlights key points concerning English Pensions Law where overseas businesses are selling, buying or operating businesses in the United Kingdom. State pension provision in the UK is limited and accordingly private sector pension provision is common and highly regulated. FOCUS OF THIS NOTE Pension benefits provided by ... Read More »
by: Wedlake Bell
July 14, 2016
Lenders will be able to recover significantly larger amounts when suing over negligent property valuations after a landmark court ruling that is forecast to have wide implications for professional advisers. Legal experts warned that an immediate result of the Court of Appeal judgment handed down on Friday was that professional ... Read More »
July 5, 2016
April 2016 saw a number of important changes to employment rates with the introduction of the National Living Wage (NLW) and increases to compensation and redundancy limits. National Living Wage The NLW came into force on 1 April 2016 and applies to all workers aged 25 and over. The initial ... Read More »
by: Wedlake Bell
July 4, 2016
Many charities have subsidiaries which carry out trading activities in order to generate income which can then be applied to further the objects of the parent charity. There are a number of ways in which such income can be paid up to the parent charity and one frequently used route ... Read More »
by: Wedlake Bell
July 1, 2016
During the Shareholder Spring of 2012 shareholders won the argument that non-executive directors alone could be trusted to keep directors’ pay under appropriate scrutiny and control. Accordingly, the UK government took action and put in place a new remuneration reporting regime for listed companies (not including companies with securities admitted ... Read More »
by: Wedlake Bell
June 30, 2016
The High Court case of Gurieva & Anor v Community Safety Development (UK) Ltd, heard by Mr Justice Warby, dealt with the obligations of the defendant private investigator (as data controller) to comply with a data subject access request made by a couple who were the focus of the defendant’s ... Read More »
June 13, 2016
There has been a recent decision in the Employment Appeal Tribunal (EAT) in relation to continuing childcare vouchers during maternity leave which may be of interest to those of you who provide these vouchers by way of a salary sacrifice scheme. Entitlements during maternity leave During ordinary maternity leave (which ... Read More »
by: Wedlake Bell
June 10, 2016
The Pensions Ombudsman has held that an employer “unjustifiably” stopped a member’s monthly pension payments which it had funded for some years following the winding-up of its occupational pension scheme. Background Mr Royston Muller, a 95 year old former employee of the County Tyre Group of Companies (the Company) retired ... Read More »
by: Wedlake Bell
June 7, 2016
Last year the new Part 21A was introduced into the Companies Act 2006, creating a new regime for almost all companies incorporated in any part of the UK to create and maintain a register of people with significant control (the PSC register regime). The first two important PSC register regime ... Read More »
by: Wedlake Bell
June 3, 2016
The referendum on Britain’s continued membership of the European Union is to be held on 23 June. If the result is a ‘leave’ vote, the UK could complete the exit process and be out of the EU in as little as two years. Britain’s future relationship with Europe would then ... Read More »
by: Wedlake Bell
June 1, 2016
On Thursday, 23rd June 2016, the public will determine whether the United Kingdom remains in the European Union. A lot has been written and said by the ‘Brexit’ and ‘Bremain’ camps about the impact of that decision, most recently by the US President. However, casting political allegiances aside, what could ... Read More »
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