As part of the Spring Budget 2024, it was announced that a new investment fund would be introduced for professional and institutional investors. The Reserved Investor Fund (Contractual Scheme) (RIF) will be legislated for in the Spring Finance Bill 2024, with detailed rules to be set out in a statutory...

The issue of unsafe cladding was brought into focus as a result of the Grenfell tragedy in 2019. In 2022 Michael Gove, the secretary of state for levelling up, housing and communities, announced a commitment (which was legislated in the Building Safety Act 2022) to make companies involved in unsafe...

Osborne Clarke has advised the shareholders of Stella Enterprises Ltd who have sold their business, Kennedy , to The Independents , a global creative agency. The Osborne Clarke corporate team was led by partner Jonathan Crowley with assistance from partner Tim Birt , associate director Mythri Reddy and associate Courtney...

Employment-related securities (ERS) are shares and other securities (including units in a collective investment scheme) acquired by an individual, where the right or opportunity to acquire the security is available by reason of employment. Carried interest and co-investment entitlements issued to UK-based directors or employees of a fund manager or...

Following completion of the triple acquisition of DesignStudio, Analog and Pixel Artworks, Waterland Private Equity has launched the Further Group - a new end-to-end creative group, offering a comprehensive suite of services spanning branding, content and experiences. Further’s current clients include blue-chip, mid-market and government organisations diversified across tech, fashion...

International legal practice Osborne Clarke has advised Miniclip, a leading developer and publisher of mobile games, on its acquisition of award-winning games developer, FuturLab Miniclip is a global leader in digital games. The company develops, publishes and distributes highly engaging games to an audience of over 400 million players each...

The new VAT MOSS regime is already available in Spain. This scheme simplifies the Value Added Tax (VAT) formalities arising from digital services carried out with individuals within the European Union (EU). Up to now, companies providing telecommunication, electronic and broadcasting services were liable to account for VAT in the...

There has been little let up in the discussion of international tax avoidance over the last year. Whilst the Chancellor would undoubtedly like to tackle head on those tech companies which pay minimal corporation tax in the UK, it may be difficult for the UK to go it alone in...