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1 LONDON STREET, READING, RG1 4QW, ENGLAND
Tel:
Work 0118 951 6200
Fax:
Fax 0118 950 2704
DX:
4001 READING-1
Email:
Web:
www.fsp-law.com

Ian Wood-Smith

Tel:
Work 0118 951 6281
Email:
Field Seymour Parkes LLP

Work Department

Corporate and insolvency.

Position

Corporate finance advice to buyers, sellers and lenders, particularly owner-managed businesses. Member of corporate recovery group advising insolvency practitioners, lenders and businesses on insolvency and restructuring. Advises on sports law and is non-executive director of Reading Football Club.

Career

Trained Biddle & Co, London; qualified 1984; Biddle & Co 1984-87; partner Field Seymour Parkes 1988 to date.

Member

Council of Bradfield College.

Leisure

Football; member of Huntercombe Golf Club playing off five.


South East: Corporate and commercial

Corporate and commercial: Thames Valley, Berks, Oxon, M4/M40

Within: Corporate and commercial: Thames Valley, Berks, Oxon, M4/M40

Field Seymour Parkes LLP advises on the full gamut of transactional matters, and practice head Penelope Garden has notable expertise in private equity and venture capital work. The firm acted for Thames Valley Capital on its £1.5m acquisition of Real Engineering, and advised the management of Whistl on its management buyout. Jeremy Parkes and Ian Wood-Smith advise corporate clients on high-value transactions.

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South East: Finance

Insolvency and corporate recovery

Within: Insolvency and corporate recovery

Ian Wood-Smith leads the team at Field Seymour Parkes LLP, which advises insolvency practitioners, lenders and directors on corporate insolvencies. Bill Dixon specialises in contentious work.

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South East: TMT (technology, media and telecoms)

Sport

Within: Sport

Field Seymour Parkes LLP’s team acts for professional sports clubs down to grassroots institutions and includes senior partner Ian Wood-Smith, who has strong links to the sports community due to his position as a director of Reading F.C. Senior associate Bettina Phillis leads the department following her arrival in February 2016 from an in-house position.

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Legal Developments worldwide

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  • Bulgaria: Opening the gas market for foreign traders!

    Most recently, the Bulgarian Energy Regulator has taken significant steps towards the full liberalisation of the natural gas market: In December 2016, the Bulgarian Energy Regulator adopted legislative amendments to the Rules for Trading of Natural Gas ( Правила за търговия с природен газ , " Trading Rules ") and the Rules for Access to the Gas Transmission and/or Gas Distribution Networks and the Natural Gas Storage Facilities ( Правила за предоставяне на достъп до газопреносните и/или газоразпределителните мрежи и за достъп до съоръженията за съхранение на природен газ , " Access Rules "). Moreover, it adopted new Rules for Balancing of the Natural Gas Market ( Правила за балансиране на пазара за природен газ , " Balancing Rules "). read more...
  • When Arbitration Meets Insolvency in Montenegro - Can They Coexist?

    Even at first blush, it is apparent that arbitration and insolvency make strange bedfellows.
  • Hungary: Registration Fees for Company Establishment Abolished

    In an aim to simplify state administration and support economic growth, the Hungarian Parliament adopted a new law abolishing the registration fee and the publication cost for incorporating limited liability companies (" LLC ") ( korlátolt felelősségű társaság ), limited partnerships ( betéti társaság ), general partnerships ( közkereseti társaság ), and sole entrepreneurships ( egyéni cég ). The new law becomes effective on 16 March 2017. read more...
  • SyCipLaw TMT Bulletin: Philippine Central Bank Issues New FinTech Rules

    The Bangko Sentral ng Pilipinas (BSP) (the Philippine Central Bank) has issued two new circulars that will be of interest to companies engaged in remittance services, e-money, digital currency, and other fintech businesses. Both circulars amend portions of the BSP Manual of Regulations for Non-Bank Financial Institutions.
  • IFLR: “Philippines: Foreign equity ownership decision”

    The March issue of the International Financial Law Review ( IFLR ) includes an international briefing article by SyCipLaw partner  Jose Florante M. Pamfilo  entitled “Philippines: Foreign equity ownership decision”. The article discusses the Philippine Supreme Court decision on the case of Roy v. Herbosa (GR no. 207246) to invalidate the Securities and Exchange Commission (SEC) Memorandum Circular no. 8-2013 (MC 8-2013) on the guidelines on compliance with the Filipino-foreign ownership requirements prescribed in the Philippine Constitution and/or existing laws by corporations engaged in nationalized and partly nationalized activities.
  • New regulation on unit-linked life insurance in Hungary

    Policyholders of unit-linked life insurance products pay an agreed sum for the unit-linked insurance to the insurance company, as a regular premium, or in one lump sum. These payments cover the life insurance component as well as the investment, administrative costs, contracting fee and the commissions. The "total cost charged" ("TCC") is an indicator – calculated in line with the rules of Hungarian insurance regulations – showing all costs charged on life insurance policies having a savings element, reflected as a percentage value. The regulation of the TCC in Hungary has been amended effective 1 January 2017. read more...
  • Hungary: Increase of Minimum Sale Price May Affect Retail NPL Transactions?

    On 7 March 2017, the Hungarian parliament adopted a law that increases the minimum sale price of a residential property in the enforcement procedure from the current 70% of its market value to 100% (market value to be understood as the price set by the appraisal of the bailiff), provided that (i) the claim to be enforced stems from a consumer contract; (ii) the real property is the debtor's only real property; and (iii) the debtor resided in that real property for at least six months prior to the initiation of the enforcement procedure.   read more...
  • European Court of Justice rules for the first time on discrimination based on belief

    The Court of Justice confirms a policy of neutrality can justify discrimination based on belief.
  • RECENT COURT ORDER ON GOOGLE RELATED TO PROTECTING INFORMATION RIGHTS

    Korean appeals court orders Google to disclose to Korean users what personal information Google passed to U.S. government.
  • ECJ CASE C-28/26 - RECOVERABILITY OF INPUT VAT OF A HOLDING COMPANY

    Case C-28/26 - Examines the right of a holding company to deduct input VAT on services acquired in the interest of its subsidiaries where those services are offered to its subsidiaries with no consideration.