21 February 2012
Banking, energy and infrastructure experts from Burges Salmon and longstanding client Helius Energy plc have scooped the European Biomass Project Finance Deal of the Year at the annual Project Finance Awards.
31 March 2011
Following delays due to heavy criticism from British business, the Ministry of Justice has published Guidance on the "adequate procedures" that all commercial organisations will need to put in place in order to protect themselves against committing the controversial "corporate offence" under Section 7 of the Bribery Act 2010.
01 February 2011
The government has announced that the controversial Bribery Act 2010 will not now be implemented in April, as originally planned. The government declined to provide a revised implementation date, simply saying that the Act will come into force three months after the Ministry of Justice's guidance on the "adequate procedures" defence has been published. While this guidance was due to be published early this year, it is now not clear when this will happen.
03 December 2010
Burges Salmon advised WK Crematoria Limited (a wholly owned subsidiary of the specialised crematoria and cemetery operator Westerleigh Group Holdings Limited) on its successful recommended takeover offer for Kent County Crematorium plc.
08 March 2010
If you sell shares for more than their market value, then there may be a charge to income tax and NICs on the overvalue. However, the meaning of "market value" has never been entirely clear. Please click on the link to read the full article.
16 October 2009
HMRC has announced that anti-avoidance legislation will be included in the next Financial Bill, but which will have retrospective effect from 15 October 2009, and which affects debt buybacks.
10 July 2009
On 29 June 2009 Her Majesty's Revenue & Customs (HMRC) published its consultation document on the much awaited Code of Practice on taxation for banks, announced in the Chancellor's budget day speech. While the proposed Code is only a page and a half long, the implications of it are potentially wide-ranging.
22 June 2009
A cross-firm team recently supported Milk Link in its acquisition of the Llandyrnog cheese creamery in North Wales.
19 June 2009
We have been selected to work with the London Development Agency.
14 October 2008
On 7 October 2008, the UK Government published its Banking Reform Proposals which will replace and enhance the existing emergency legislation