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US/UK M&A: Price Adjustment Mechanisms - The Locked Box
04 April 2024Price adjustment mechanisms are common in both UK and US style M&A transaction documents to determine the final price that the buyer pays. However, the manner in which the price adjustment is achieved varies; in the US, a closing accounts mechanism is generally used, and although these have remain common in the UK, in recent years we have seen increasing use of “locked box” mechanisms in UK style share purchase agreements governed by English law.
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Government urged to relax planning regulations
23 March 2020The RTPI, RICS and RIBA have written to the Prime Minister offering to assist “in this time of national emergency" and "seek Government support for the UK’s construction and infrastructure sectors which are worth over £100 billion to the UK economy".
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Lewis Silkin advises Urban Innovation Company in their development and implementation of pulse smart hubs in Belfast
26 February 2019Lewis Silkin advised Urban Innovation Company (UIC) on its recent and exciting project of introducing the first smart hubs to the streets of Belfast. The £3M project, funded entirely by UIC which designs and builds next generation telecommunication hubs, will help people stay connected - and even save lives. Lewis Silkin supported UIC with a variety of commercial, corporate, IP, planning and data privacy related advice.
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Government announces new £250m ‘Future Fund’ to support start-ups and growth companies
20 April 2020Details were published today, 20 April 2020, of the Government’s plan to make investments in growth companies hit by the coronavirus and the drastic reduction in venture capital investment.
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No stiff upper lip as Brits cry foul over ads
20 December 2012Brinsley Dresden discusses the idea that advocacy groups and charity organizations increasingly use the ASA as a bargaining and PR tool.
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Hong Kong court confirms that the implied duty of mutual trust and confidence cannot be relied upon to recover damages for loss arising from the manner of dismissal
16 December 2021In the case of Lam Siu Wai v Equal Opportunities Commission [2021] HKCFI 3092, the Court of First Instance held that the employer’s right to terminate in accordance with the terms of employment was not subject to the implied duty of mutual trust and confidence and so an employee could not rely on it to recover damages for loss arising from the manner of his or her dismissal.
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Hong Kong court upholds summary dismissal in light of employee’s secret business
17 December 2021In the case of Cosme De Net Co Ltd v Lam Kin Ming [2021] HKDC 445, the Court of First Instance upheld an employer’s decision to summarily dismiss an employee who ran a competing business in secret.
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The Court of Appeal has upheld an EAT decision that Asda’s lower-paid, predominantly female retail staff can compare themselves to higher-paid, mainly male, distribution depot staff.
07 February 2019The Court of Appeal (“CA”) decision is the latest stage in this long-running legal dispute over equal pay. Back in 2014, over 7,000 female Asda retail store workers brought claims in the Employment Tribunal (“ET”) arguing that they were entitled to equal pay with male distribution depot staff, on the basis that their work was of “equal value” to male workers.
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Financial promotions: draft legislation updating the perimeter for qualifying cryptoassets now published
30 March 2023So, we finally have the long-awaited next step in the ever-evolving regulatory framework that applies to crypto. By way of recap, cryptoasset exchange providers and custodian wallet providers need to be registered with the FCA under money laundering legislation.
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Sign up to receive updates from Lewis Silkin
17 June 2014You can sign up to and receive updates from Lewis Silkin.
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In-house Data Club: Updates on ICO guidance, Schrems and Brexit
18 September 2019It seems that long lazy summers are a thing of the past for privacy practitioners with this summer seeing a number of significant regulatory guidances being released and decisions being made.
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Hong Kong’s Employment Support Scheme: further updates and expansions
13 May 2020On 12 May 2020, the Chief Executive announced further details on the newly implemented Employment Support Scheme as well as further expansions.
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Hong Kong MPF updates: Abolition of the offsetting mechanism to take effect on 1 May 2025 and potential increase in mandatory contribution levels
03 May 2023Over the past weeks, there have been some important news on the pension regime in Hong Kong that employers and employees should be mindful of.
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Record keeping guidance for Points-Based System sponsors updated
13 August 2019The Home Office has made significant updates to Appendix D to the guidance for Points-Based System sponsors, which sets out sponsors’ record keeping duties.
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Gender pay gap reporting in Ireland – updated guidance clarifies some (but not all) tricky issues
20 July 2022The gender pay gap reporting regulations in Ireland were published last month. Straight away, a number of issues with interpretation were apparent. The government has now clarified some (but not all) of these.
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Updated Comparative Table of employment law developments in Great Britain, Northern Ireland and the Republic of Ireland
10 November 2022Do you need to stay up to date with current and proposed employment law developments across Great Britain, Northern Ireland and the Republic of Ireland? If so, our updated Comparative Table, prepared in conjunction with Legal Island, will be a handy reference guide.
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Beyond borders: Updated Comparative Table of employment law developments across Great Britain, Northern Ireland and the Republic of Ireland
22 May 2023Do you need to stay up-to-date with employment law developments across Great Britain, Northern Ireland and the Republic of Ireland? If so, our updated Comparative Table, prepared in conjunction with Legal Island, will be a handy reference guide.
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Updated Comparative Table of employment law developments across Great Britain, Northern Ireland and the Republic of Ireland
30 November 2023Do you need to stay up to date with employment law developments across Great Britain, Northern Ireland and the Republic of Ireland? If so, our updated Comparative Table, prepared in conjunction with Legal Island, will be a handy reference guide.
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#update: The evolution of the twitter '#' disclosure rules
08 October 2013In an article for LawInSport, Alex Kelham discusses a complaint received by the Advertising Standards Agency (ASA) about a tweet Wayne Rooney posted for Nike; the second time his twitter activities have been scrutinised.
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Our latest Brexit update on immigration
16 November 2017The UK Government published a Brexit update with the notion that it would relieve worried EEA nationals in the UK and let everyone see how lovely the UK Government intend to be over the end of free movement. This somewhat backfired when the European Parliament then said the proposal was “inadequate”.