On 14 December 2021, Stagecoach and National Express announced that they had agreed a £1.9bn merger, but behind the scenes of this mega transaction, Stagecoach had agreed to divest part of its businesses and shares in Scottish Citylink Coaches Limited to companies within the ComfortDelGro group in order to address any potential competition issues. Teacher Stern advised Scottish Citylink Coaches [...]
Teacher Stern is proud to have secured top rankings in the Legal 500 2021, an independent directory that ranks the UK’s top law firms. Our Corporate & Commercial team have retained their Tier 2 ranking for London law firm - M&A deals for under £50m and our lawyers continue to be recognised as experts within their fields. Martine Nathan, Partner, Corporate [...]
Teacher Stern adviser to Big Time Gaming on EUR450 million sale Teacher Stern acted as lead legal adviser to online slot games developer Big Time Gaming on its agreement to sell to Evolution Gaming. Evolution Gaming Group will acquire the entire issued share capital of Big Time Gaming Pty Ltd for a total consideration of up to EUR 450 million, [...]
David Rubin & Partners Limited acquired by Begbies Traynor Group Plc The acquisition of the insolvency practice David Rubin & Partners by Begbies Traynor was completed earlier this week. David Rubin & Partners, with offices in London and Guernsey, has a team of 72 partners and staff, all of which will join Begbies Traynor following the acquisition. Teacher Stern acted [...]
Consumer Credit Act applies to settlements by “Tomlin” order – CFL Finance Ltd v Gertner On 23 February 2021 the Court of Appeal handed down its judgement in CFL Finance Ltd v Gertner [2021] EWCA Civ 228, confirming that the Consumer Credit Act 1974 (CCA) can apply to settlement agreements appended to “Tomlin” orders and that deferment of a debt [...]
Teacher Stern acts in security transaction Teacher Stern commercial partner Claire Rollo, and Peter Levinger acted on a recent transaction, advising the shareholders of Cougar Monitoring Limited in their sale to security system supplier Kings Secure Technologies (KST). Claire Rollo said of the deal, “Cougar Monitoring have been a client of ours for over 10 years, and with this relationship [...]
The UK has now reached a Brexit deal: what does this mean for personal data transfers? Data transfers between the UK and the European Economic Area (EEA) The EU-UK Trade and Cooperation Agreement reached on 24 December 2020 included a temporary solution enabling the on-going free flow of personal data between the EU and the UK. From the 1 January [...]
Future Fund Scheme The uncertainty brought on by the COVID-19 pandemic, which in turn resulted in a corresponding economic downturn, has had a serious detrimental effect on many businesses across the country. This state of affairs led to the introduction of a series of financial measures by the UK Government with the aim of helping businesses to survive through this [...]
Teacher Stern has been recommended as a top-tier firm with an elite Leading Lawyer in the Legal 500 2021 Teacher Stern is delighted to be recommended as a top-tier firm in 5 practice areas in The Legal 500 UK 2021 edition. The team are also celebrating Martine Nathan’s listing as a leading individual in the elite Leading Lawyers group. Martine [...]
Extended deadline to notify VAT option to tax As part of its response to the Covid-19 pandemic, HMRC extended from the usual 30 days to 90 days the period in which a taxpayer is required to notify an option to tax over property to be made. Initially this extension only applied to options made between 15 February 2020 and 31 [...]
