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Entrepreneurs' relief applied to disposal of business premises

Entrepreneurs' relief (now Business Asset Disposal Relief) applies to disposal of premises as part of long-term sale of business
Read moreSIPPs and FOS - does the Rowanmoor decision change anything?

Last week FOS published a decision it reached last year in a complaint against a SIPP provider involving advised sales. The FOS upheld the complaint, finding that the SIPP provider should have rejected business from the regulated financial adviser, CIB Life and Pensions Limited (CIB), given, broadly, red flags available to the SIPP provider with respect to the operation of CIB's business model including that CIB was not advising on the ultimate investment within the SIPP and as a result such introductions involved a significant risk of consumer detriment. The decision has received quite a bit of press attention - but has it moved the dial for SIPP complaints before FOS or not?
Read moreScope of duty and recovery of losses

A structural engineering designer is not under any duty to avoid or prevent damage to the reputation of a developer.
Read moreLawyers Covered - January 2022

Welcome to the latest edition of our Lawyers Liability & Regulatory Update, in which we look back over the last month at key developments affecting lawyers and the professional risks they face.
Read moreLawyers Covered - January 2022

Welcome to the latest edition of our Lawyers Liability & Regulatory Update, in which we look back over the last month at key developments affecting lawyers and the professional risks they face.
Read moreGood faith does not go both ways

It is common knowledge that solicitors owe fiduciary duties to their clients but what about the other way around? Do clients owe a duty of good faith to their solicitors (as an implied term of the retainer)?
Read moreFire Risk Assessments - The latest developments

The British Standards Institution has published PAS 9980:2022, the new code of practice for fire risk appraisals of external wall construction and cladding of existing blocks of flats.
Read moreThe Week That Was - 28 January 2022

Welcome to The Week That Was, a round-up of key events in the construction sector over the last seven days.
Read moreSports Ticker (28 January 2022) - Premiership Rugby's ITV union, Southgate crypto nightmare and Microsoft esports deal - a speed-read of commercial updates from the sports world

In a fortnight which has seen Nick Kyrgios enjoy his home crowd at the Australian Open and Premier League stars light up the African Cup of Nations, we feature Microsoft's plans to acquire Activision Blizzard, the Premier League's pandemic postponement rules and ITV's broadcasting deal with Premiership Rugby. We also look at Southgate's crypto scam response, F1's sprint event stalemate and the Exeter Chiefs rebrand.
Read moreV@ Update – January 2022

Welcome to the January 2022 edition of RPC's V@, an update which provides analysis and news from the VAT world relevant to your business.
Read moreVisa navigate the Amazon

Amazon recently halted its decision to stop accepting Visa credit card payments for UK customers on January 19th. The decision to prohibit the use of Visa credit cards was initially enacted due to a dispute that arose over payment fees levied by card issuers.
Read moreCyber_Bytes - Issue 38

We are back following a short seasonal break and hope you enjoy this latest edition of Cyber_Bytes, our bi-weekly roundup of key developments in cyber, tech and evolving risks.
Read moreQuinn – Taxpayer entitled to claim enhanced research and development relief

In Quinn (London) Ltd v HMRC [2021] UKFTT 0437 (TC), the First-tier Tribunal (FTT) allowed the taxpayer's appeal against HMRC's decision to refuse its claims for enhanced research and development relief (enhanced R&D relief), on the basis that the claimed expenditure was “subsidised” within the meaning of section 1138(1)(c), Corporation Tax Act 2009 (CTA 2009).
Read moreThe Week That Was - 21 January 2022

Welcome to The Week That Was, a round-up of key events in the construction sector over the last seven days.
Read moreThe Food, Beverage and Cosmetics Law Review: United Kingdom

RPC is excited to announce that the UK chapter of the very first Food, Beverage and Cosmetics Law Review has been published and is available to download.
Read moreA look at sustainable insurance (a podcast with Julian Richardson)

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Julian Richardson, CEO of Parhelion Underwriting and our topic for this episode is sustainable insurance.
Read moreA look at sustainable insurance (a podcast with Julian Richardson)

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Julian Richardson, CEO of Parhelion Underwriting and our topic for this episode is sustainable insurance.
Read moreHigh Court dismisses application for extension of limitation period on basis of fraud at summary judgment stage

In Libyan Investment Authority v Credit Suisse International & Ors ([2021] EWHC 2684 (Comm), the Commercial Court granted summary judgment dismissing the Libyan Investment Authority's (LIA's) claims against Credit Suisse International (Credit Suisse) and others on the grounds that they were time-barred.
Read moreRPC Bites New Year Bumper Issue– M&S v Aldi (again), Bitcoin and pizza is not a welcome combo for the ASA and a green start to 2022 for Morrisons and McDonalds

Happy New Year and welcome to our New Year Bumper Edition of RPC Bites. Our aim in the next 2 minutes is to provide you with a flavour of some key legal, regulatory and commercial developments in the Food & Drink sector over the last fortnight… with the occasional bit of industry gossip thrown in for good measure. Enjoy!
Read moreMinstrell Recruitment – HMRC not required to disclose the names of its officers involved in a Gross Payment Status revocation decision

In Minstrell Recruitment Ltd v HMRC [2021] UKFTT 0344 (TC), the First-tier Tribunal (FTT) held that HMRC need not disclose the names of the HMRC officers involved in making a gross payment status (GPS) revocation decision where that decision had been successfully appealed, for the purpose of determining whether HMRC had acted unreasonably in the conduct of that appeal.
Read moreNational Security and Investment Act – is my transaction in scope?

The National Security and Investment Act (the NSAI) came into force on 4 January 2022. This 2 minute read aims to give a short checklist of questions to help determine whether a transaction might be in scope of the NSAI.
Read moreSnapshots Winter 2021

A roundup of key legal developments for the modern commercial lawyer.
Read moreRICS revised Rules of Conduct – coming soon

The RICS's new Rules of Conduct are due to come into force on 2 February 2022. The rules combine the previously separate codes for individuals and firms in force since 2007 with the Global Professional and Ethical Principles from 2009, with the intention of providing a single, concise summary of all relevant principles, in order to allow RICS member firms and clients to understand what good professional practice looks like.
Read moreHong Kong Employment: Settlement Agreements

International news has recently been filled with talk about settlement agreements – in particular, a settlement agreement concerning Prince Andrew. How should a settlement agreement be prepared under the laws of Hong Kong? In this article, we will consider what should be included in a settlement agreement in the context of an employment relationship.
Read moreThe Week That Was - 14 January 2022

Welcome to The Week That Was, a round-up of key events in the construction sector over the last seven days.
Read moreSports Ticker (14 January 2022) - Djokovic's Australian visa row, Arsenal's ASA reprimand and Ferrari's NFT foray - a speed-read of commercial updates from the sports world

During a fortnight which has seen Peter "Snakebite" Wright secure his second victory at the PDC World Darts Championship, the Premier League obtain summary judgment against PPL in the Commercial Court and the Tampa Bay Buccaneers' Antonio Brown bizarrely exit the MetLife Stadium leading to the termination of his contract with the franchise, we feature the latest on Djokovic's Australian Open debacle, the passing off claim made against "The Good, the Bad and the Rugby" podcast and the salary cap investigation into Premiership Rugby league-leaders Leicester Tigers. We also take a look at Ferrari's foray into the ever-expanding NFT metaverse, the censorship of Arsenal's crypto adverts and the New York Times' acquisition of The Athletic.
Read moreRPC Insurtech in brief - January 2022

Welcome to the January edition from RPC of Insurtech in brief, providing you with a handful of snappy monthly updates from the industry.
Read moreCorporate tax update – January 2022

Welcome to the latest edition of our Corporate Tax Update, written by members of RPC's tax team. As this edition is the first of the New Year we hope that you, your family and friends had a restful and enjoyable end to 2021.
Read moreJTC - Escrow agreement set aside on basis of mistake

Rescission granted of pension arrangements with tax impact due to incorrect advice for temporary UK non-resident moving to UAE.
Read moreAnnual Insurance Review 2022

Welcome to RPC's 2022 annual insurance review – a look back at the events that shaped the insurance market in 2021 and a look forward towards what to expect in 2022.
Read moreParametric innovation in travel insurance (a podcast with Carl Carter)

Welcome to Season 3 of Insurance Covered, the podcast that covers everything insurance. In our first episode of the year Peter is joined by Carl Carter, UK Country CEO at CPP Group UK and our topic for this episode is parametric insurance and its applications in travel insurance.
Read moreLimitation Act 1980 s.32(1): whether a claimant could have discovered fraud with "reasonable diligence" extends to events prior to accrual of the cause of action

The High Court found that, when considering the postponement of the limitation period for the purposes of Section 32(1) of the Limitation Act 1980, the question of whether the claimant could have discovered the fraud with "reasonable diligence" extends to the period before the claimant suffered a loss.
Read moreMcDonald's battles to protect its 'Mc'-family

McDonald's has successfully defended its 'Mc' branding, following an application by Children's Cancer Aid Limited (CCA) to register 'MCVEGAN' as a trade mark (the Application).
Read moreIs your phone tracking you? Perhaps, but it is a mere witness to your whereabouts according to the Court of Appeal

In EUI Ltd v UK Vodaphone Ltd(1) a claimant insurance company sought a Norwich Pharmacal order for mobile phone records to prove that an insurance claim had been falsely made.
Read moreKishore – Court of Appeal rejects HMRC's strike out application

In HMRC v Dhalomal Kishore [2021] EWCA Civ 1565, the Court of Appeal rejected HMRC's application to strike out the taxpayer's grounds of appeal against penalties for inaccuracies in VAT returns, as the application was an abuse of process.
Read moreWeighty issues for diet app developers

2022 is set to be the year of the diet app. The distinction between what is a mere lifestyle app and what should in fact be a regulated medical product or service can be difficult to assess.
Read moreWeighty issues for diet app developers

2022 is set to be the year of the diet app. The distinction between what is a mere lifestyle app and what should in fact be a regulated medical product or service can be difficult to assess.
Read moreThe Future of Insolvency Regulation

On 21 December 2021 the Government launched a consultation into the future of insolvency regulation. The changes proposed in the consultation document will have a wide ranging impact on the insolvency profession (and its insurers) with the proposals including: the direct regulation of insolvency firms, the introduction of a single regulatory body with powers to order compensation against insolvency practitioners and firms, a new additional requirements regime, changes to the bond regime and a public register of insolvency practitioners and firms. Many of the changes proposed require primary legislation and so it may be some time before the changes to take effect (if adopted). But there does appear to be some wind behind these proposals given they follow on from the Call for Evidence in 2019 and a more general focus on insolvency issues in the wake of the Covid-19 pandemic.
Read moreSports Ticker (23 December 2021) - Women's Rugby Association, 2022 Winter Olympics boycotts and F1's thrilling finale - a speed-read of commercial updates from the sports world

With Christmas only round the corner, the past fortnight has been particularly busy for the world of sport. With Premier League and EFL clubs choosing to fulfil festive fixtures despite ongoing COVID-19 disruption, this final Sports Ticker for 2021 features the controversial finale in the F1 season, World Rugby's NFT launch, and the formation of the Women's Rugby Association. We also take a look at a potential legal loophole on pitch invaders in women's football, diplomatic boycotts of the 2022 Winter Olympics, as well as Arctos Sports' private equity investment in the NHL. As always, if there are any issues on which you'd like more information (or if you have any questions or feedback), please do let us know or get in touch with your usual contact at RPC. The RPC Sports group wishes you a very merry Christmas and a happy New Year!
Read moreLawyers Covered - December 2021

Welcome to the latest edition of our Lawyers Liability & Regulatory Update, in which we look back over the last month at key developments affecting lawyers and the professional risks they face.
Read moreLawyers Covered - December 2021

Welcome to the latest edition of our Lawyers Liability & Regulatory Update, in which we look back over the last month at key developments affecting lawyers and the professional risks they face.
Read moreFCA consults on British Steel redress scheme

The FCA intends to open consultation on an industry wide redress scheme covering British Steel Pension transfers. This is perhaps the only option left for the regulator, but a redress scheme will heap further pressure on an area of the advice industry that is already under fire.
Read moreQuarterly Contentious Tax Review – Winter 2021

HMRC has extensive powers to require information and documentation from taxpayers. These powers were bolstered in the last Finance Act to include financial institution notices. Failure to comply with information notices can attract penalties. The most severe penalties are those imposed by the Upper Tribunal (UT). We examine, below, HMRC's increasing use of these powers, together with HMRC's penchant for 'nudge' letters and recent developments in the application of the transfer of assets abroad (TOAA) provisions.
Read moreA look at Flood Re (a podcast with Andy Bord)

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Andy Bord, CEO of Flood Re, a specialist UK reinsurer of flood risks. In this episode we will be discussing all things Flood Re.
Read moreA look at Flood Re (a podcast with Andy Bord)

Welcome to Insurance Covered, the podcast that covers everything insurance. In this episode Peter is joined by Andy Bord, CEO of Flood Re, a specialist UK reinsurer of flood risks. In this episode we will be discussing all things Flood Re.
Read moreHome Alone: the birth of a lawyer

Partner Peter Mansfield reveals the shocking truth about the iconic Christmas movie Home Alone.
Read moreHigh Court clarifies new witness evidence rules and requirement for list of documents under Practice Direction 57AC
Only list the documents used to refresh the memory of the witness, use the statement of best practice as a checklist and follow the principles of the practice direction: these are some of the main points arising out of the decision in Mansion Place Ltd v Fox Industrial Services Ltd [2021] EWHC 2747 (TCC), the first decision to give substantial guidance on the new witness statement rules under Practice Direction (PD) 57 AC.
Read moreRegulatory update - December 2021

Welcome to the December edition of the Regulatory update, which pulls together recent developments from across the UK’s regulators to help you navigate the regulatory maze.
Read moreReputation management: the vital difference between reacting and responding

Warren Buffet once quipped, "It takes 20 years to build a reputation and only 5 minutes to ruin it". The potential impact of reputational damage can be significant during litigation, or a commercial dispute. Understanding when to react and how to respond, can make all the difference.
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