Over the last few years, the UK tax rules for overseas investors in UK real estate have seen dramatic changes. In this GT Alert, we highlight some of the changes and some of the steps that may be considered to potentially mitigate their impact. In navigating these changes, what has become clear is the importance of having the right structure in place to suit the particular investor(s). Now is the time to take action, whether…

On 23 June 2020 the UK government brought into force emergency legislation imposing controls on any acquisitions of UK businesses that are critical to combating Coronavirus Disease 2019 (COVID-19) and future public health emergencies. The basis for the emergency legislation is a concern that the economic disruption caused by the COVID-19 pandemic may have made some UK businesses with critical capabilities more susceptible to takeovers. The controls are general in nature and not expressly directed…

On 17 June 2020, the European Commission published its White Paper on levelling the playing field as regards foreign subsidies. This policy paper proposes options for enabling the EU to control the use of foreign, non-EU subsidies that distort the EU Single Market and give subsidised firms an advantage over non-subsidised firms, for example, by facilitating the acquisition of EU businesses, by distorting the subsidised firms’ investment decisions, market operations or pricing policies, or by distorting bidding…

Global law firm Greenberg Traurig, LLP has made further moves to expand its Restructuring & Bankruptcy practice in London following the lateral hire of Ian Jack in March this year. Joining as a senior associate is Rupert Cheetham who has a broad practice involving restructuring and insolvency, leveraged finance and general banking. Rupert acts for banks, funds and other financial institutions, as well as sponsors, corporates and directors. Read the full GT Press Release, “…

The 2021 edition of Best Lawyers in the United Kingdom recognises four women attorneys from Greenberg Traurig, LLP’s London office: Fiona Adams in mergers and acquisitions law; Naomi Feinstein in employment law; Dorothee Fischer-Appelt in capital markets law; and Emma L. Menzies in banking and finance law. According to Best Lawyers, inclusion in its guide is based on peer-review. Read the full GT Press Release, “4 Greenberg Traurig Women Attorneys Recognised in Best Lawyers …

The negative economic effects resulting from efforts to mitigate the spread of Coronavirus Disease 2019 (COVID-19) have put financial pressure on many businesses.  In the worst such cases, businesses may face the risk of insolvency.  In an environmental law context, this raises the question of what the potential implications may be for those businesses’ environmental liabilities – in particular, for businesses which lease premises and who may be responsible for any potential liabilities for contamination…

The UK national government has announced, in relation to England only, a programme of progressive easing of current lockdown measures due to Coronavirus Disease 2019 (COVID-19). With respect to working arrangements, the guidance provides that: [a]ll reasonable steps should be taken by employers to help people work from home. But for those who cannot work from home and whose workplace has not been told to close, our message is clear: you should go to…