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  • Article

    HMRC Victory In Offshore Income Gains Test Case

    In a significant ruling, released on 7 March 2025 (Louwman v HMRC [2025] UKFTT 295 (TC)), the First-Tier Tribunal has dismissed a taxpayer's appeal against income tax assessments issued by HMRC...
    United KingdomTax
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Statutory Residence Test: First-Tier Tribunal Applies A Commonsense Approach To The Transit And Exceptional Circumstances Exceptions

    The First-tier Tribunal has allowed an appeal by Michael Parker, a Chartered Engineer working in Iraq, against HMRC’s assessment that he was UK tax resident for the 2019/20 tax year, holding (in Parker v HMRC [2026] UKFTT 00652 (TC)) that both the transit exception and the exceptional circumstances exception of the statutory residence test applied.
    United KingdomTax
Macfarlanes LLP
Macfarlanes LLP
  • Article

    Time's Up For Chiles: Olympic Gymnasts And Contractual Time Limits For Claims And Appeals

    On 5 August, Jordan Chiles – a gymnast representing the United States – took part in the final of the Women's Floor Exercise in the Olympic gymnastics competition. Her performance earned her a score of 13.666...
    United StatesLitigation, Mediation & Arbitration
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Navigating MIP Resets

    Private equity investors often use management incentive plans (MIPs) to align the interests of a portfolio company's management team with their own and to incentivise performance.
    United KingdomTax
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Investment Management Update - June 2025

    This publication has been tailored to highlight topical news, cases and changes in the law impacting the investment management sector.
    United KingdomTechnology
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    One Clause To Sink Them All – The Crucial Drafting Lesson Taught By Destin v Saipem

    The High Court's decision in Destin Trading Inc v Saipem SA [2025] EWHC 668 (Ch) underscores the vital role of careful drafting, as an exclusive jurisdiction clause in a settlement agreement...
    The CongoLitigation, Mediation & Arbitration
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    UK Subsidy Control: An Introduction And Some Reflections One Year On

    The UK's "Post-Brexit" subsidy control regime has now been in place for almost one year. We reflect below on how the regime is taking shape in light of its objectives...
    European UnionAntitrust/Competition Law
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Litigation: Brave New World

    United KingdomAccounting and Audit
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    A Dose Of Legal Certainty: CMA's Prioritisation Statement Provides Guidance For Co-Operation Between Suppliers Of Combination Therapies

    The Competition and Markets Authority (CMA) published a Prioritisation statement on combination therapies on 17 November 2023...
    United KingdomAntitrust/Competition Law
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Competition Law Update - February 2025

    In this edition, we examine recent decisions from the Competition Appeal Tribunal, namely its judgment in the first trial under the UK's collective actions regime, and its approval of further settlements of collective actions.
    United KingdomAntitrust/Competition Law
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Court Of Appeal Allows Funders To Be Paid Ahead Of Class Members In Collective Actions

    The Court of Appeal recently held that payments from damages to funders and lawyers ahead of class members...
    United KingdomAntitrust/Competition Law
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Foul Play? Clubs, Players And Commercial Interests Take Aim At Sports Authorities

    This article examines recent legal challenges to UEFA and FIFA based on competition law and EU rights, highlighting cases against UEFA's ticket resale restrictions and FIFA's congested fixture calendar, and exploring broader implications for sports governance.
    United KingdomAntitrust/Competition Law
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Consents can be given informally

    United KingdomCorporate/Commercial Law
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Corporate Law Update: 15 - 21 August

    The High Court has determined that retirement letters signed by departing shareholder-directors effectively compromised a company's breach of warranty counterclaims, despite the absence of explicit waiver language. This decision raises important questions about how exit documents are interpreted and what obligations parties must expressly preserve when directors leave a company.
    United KingdomCorporate/Commercial Law
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Corporate Law Update: 30 September - 6 October 2023

    The High Court has dismissed an application for summary judgment and allowed the buyers of a company to bring a claim against a company's statutory auditor in the context of a completion accounts mechanism.
    United KingdomCorporate/Commercial Law
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Navigating Single Asset Continuation Funds: Part 2

    In the first part of our discussion of single asset continuation funds (SACFs), we discussed portfolio company characteristics and deal dynamics which now seem to characterise this market.
    United KingdomCorporate/Commercial Law
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Supreme Court Victory For The Fishers Confirms That Shareholders Are Not "Transferors" Under The Transfer Of Assets Abroad Regime

    The UK Supreme Court recently handed down the final judgment in the long-running Fisher Transfer of Assets Abroad (TOAA) litigation, reversing the Court of Appeal's decision...
    United KingdomCorporate/Commercial Law
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Data Sharing Under ECCTA: A Potentially Powerful But Underused Tool In The Fight Against Economic Crime

    To give regulated firms the confidence and ability to share information, the provisions disapply both obligations of confidentiality and civil liability when a firm uses the new information sharing gateways. In practical terms, this means that a regulated firm sharing customer information with another regulated firm under these provisions would have a defence to a breach of confidence claim or other civil action from the customer concerned.
    United KingdomCriminal Law
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Do You Dare Enforce Post-Termination Restrictive Covenants?

    The High Court has refused to grant injunctive relief for the enforcement of a non-compete clause in circumstances where a senior trader had been on sickness absence...
    United KingdomEmployment and HR
    Macfarlanes LLP
    Macfarlanes LLP
  • Article

    Employment Tax Update - October 2023

    HMRC have now released their September Agent Update (Issue 112).
    United KingdomEmployment and HR
    Macfarlanes LLP
    Macfarlanes LLP
  • Showing 441–460 of 1194 results

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