Jon Poole and team acted for the founders of the digital experience agency Manifesto Digital on the sale of Manifesto Digital to Panoply Holdings and their subsequent involvement in the AIM IPO of Panoply Holdings – following an over-subscription, with a market capitalisation at admission of approximately £30 million and having raised gross proceeds of £5 million. Manifesto joins the [...]
1. Minor breach reporting 5 months on and self-reported data breaches are already over 30% more (for the first half of 2018) than the whole of 2017. The ICO’s latest annual report (available here) revealed that in June, the ICO received over 3 times as many notifications as it normally receives. As such, the ICO have issued an update to [...]
The Treasury Committee has written to the FCA on 27 September 2018 concerning the alleged profits made by some Hedge Funds that sold sterling short before the outcome of the Brexit vote was declared. We all will recall the immediate publicly available information at the time was that ‘Remain’ would win with the pound rising above $1.50 in response within [...]
Lawyer Philip Rubens, from the firm Teacher Stern, is canvassing institutional shareholders and claims to be on the verge of securing third-party funding. He is aiming to make a claim against the AIM-listed firm for losses endured by shareholders after it announced the discovery of “significant, and potentially fraudulent, accounting irregularities” earlier this month. Rubens, head of financial services litigation [...]
There was more content to the Chancellor’s Budget than was expected. Here are some of the most note-worthy announcements. Property As previously announced, with effect from April 2019, all non-residents who realise a gain on the sale of UK land, whether commercial or residential, will be subject to tax in the UK. They will also be subject to tax on [...]
It has been nearly 3 months since Europe entered a new age of data protection. Change, on a scale as comprehensive as this, has created a lot of confusion. The old regime (dating back to 1998 in the UK, before Facebook was even invented) was long outdated and no longer fit for purpose; now replaced by much stricter rules with [...]
New energy efficiency regulations are in place that may prevent a landlord renting out a building with an energy efficiency rating of F or G. Introduction From 1 April 2018, both residential and commercial landlords have had to ensure that their properties meet the Minimum Energy Efficiency Standards Regulations 2015 (MEES). If a landlord holds an EPC showing an energy [...]
Over 1 million investors have chosen to invest their pensions via a SIPP and the sums currently held in SIPPS runs into billions of pounds. Inevitably, with such enormous sums involved, the advice on investing in SIPPs and the performance of the SIPP providers themselves has become an increasingly important area which is being scrutinised by disgruntled investors. If a [...]
The liquidation of developers, contractors and sub-contractors are a regular occurrence in both large and small scale construction projects, with the insolvent company often left with claims against other firms involved in the development. The right to adjudicate and then make use of the summary judgment route to enforce the adjudicator’s decision has long been the most powerful tool at [...]
The Court of Appeal has held that care workers who sleep-in, are not entitled to the national minimum wage under the National Minimum Wage Act 2015 (NMWR 2015) for the time during which they are asleep. This is very good news for the care home sector who would have then been facing claims of several hundreds of millions of pounds in [...]
