The Financial Conduct Authority (FCA) published on 15 November 2024 its Primary Market Bulletin No. 52 (Bulletin 52). This bulletin provides helpful guidance in relation to applying the UK Market Abuse Regulation (UK MAR) in certain situations.

It is often assumed that the tax-free compensation of up to £30,000 for ‘loss of office’, available under s403 (1) of the Income Tax (Earnings and Pensions) Act 2003 (‘ITEPA’) is an automatic right; however the recent decision of the First Tier Tribunal in Simrajsar Ltd v HMRC [2024] has reminded us that this is not the case.

On 7th August of last year we discussed the upcoming changes to the VAT position for Independent Schools. Now we are in the New Year, what can we say about the implementation of these changes?

The Autumn 2024 budget (“the Budget”) was publicly announced on 30 October 2024 and whilst it has brought some significant changes, there are many policies that remain the same and some anticipated reforms which were overlooked.

Guarantees, warranties and indemnities are a means of allocating risk in commercial transactions and are often seen together (usually in a lease or security documents), but all carry very different obligations.

Laytons ETL’s Equity Capital Markets team advised AIM-quoted Tungsten West Plc, the mining company focused on restarting production at the Hemerdon tungsten and tin mine in Devon U.K., on a fundraising by way of adding an additional tranche G to its existing 2023 Convertible Loan Notes (CLN).

Join us for a seminar on Wednesday 4 March 2025, where Sharon Zachariah and Jeremy Lederman discuss common uses for AI in business and discuss the legal risks that may arise, using practical examples.

Our Private Capital team are proud to have advised NDSL Group Limited, the manufacturers of Cellwatch battery monitoring and management solutions for data centres, utilities and telecom markets, on its recent sale to RLE Technologies, a portfolio company of May River Capital, a Chicago based private equity firm.

Sign up for our upcoming Employment Law Seminar where Employment team members Nicholas Lakeland, Victoria Brockley, Marianne Johnson and James McConkey discuss key employment law developments for 2025 and their impact on workplace practices and compliance.

B Corp certification is a growing initiative that holds businesses to high standards of social and environmental performance, accountability, and transparency. In this article, we delve into the certification process and the legal requirements to being a B Corp company. 

Capital markets across the world have become increasingly globalised with listed companies often looking to seek a ‘dual listing’ to maximise opportunities for growth, investment and opening up the company to international investor exposure.

Whilst the joyful festivities of the ‘Christmas party season’ offer employees an opportunity to ‘let their hair down’, enjoy socialising and lift team morale; employers must navigate the yuletide period with caution, ensuring that ‘harmless banter’ does not encroach on inappropriate behaviour or worse, sexual harassment.  

Laytons ETL’s Equity Capital Markets team advised AIM-quoted Empyrean Energy Plc (the Company), the oil and gas development company with interests in Indonesia and the United States, on their recent share capital re-organisation in connection with a fundraising (the “Transaction”).

A Family Investment Company (“FIC”) is a private company formed with the specific intention of managing and holding investments for a single family. FICs have become a popular method of structuring wealth and passing it down to younger generations.

Laytons ETL’s Equity Capital Markets team advised AIM-quoted Empyrean Energy Plc (the Company), the oil and gas development company with interests in Indonesia and the United States, on their recent share capital re-organisation in connection with a fundraising (the “Transaction”).

Invigorating capital markets in the UK has been at the forefront of the previous and current government’s agendas. Notably the previous ‘Edinburgh Reforms’ that have set about changing the prospectus regime and the Financial Conduct Authority’s (FCA) listing rules.

The Home Office is phasing out the use of hard copy documents to evidence someone’s immigration status. It intends to move to a fully digital system by 1 January 2025.

This County Court lease renewal case under Part 2 of the Landlord and Tenant Act 1954 (“LTA 1954”) relates to the tenant’s attempt to include a break clause in a renewal lease and is a notable application of the Court’s approach to determining renewal lease terms set out in the leading case of O'May v City of London Real Property Co Ltd [1983] AC 726 (“O’May”).  

The much-anticipated Employment Rights Bill has introduced pivotal changes aimed at strengthening worker protections, particularly around collective redundancies and fire and rehire practices.