WFW advises Navigator on merger with Ultragas9 August 2021
WFW advised Navigator Holdings Ltd on its agreement with Ultranav to merge the business and fleet of the latter’s subsidiary Ultragas ApS.
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Tax authorities provide welcome post-Brexit clarification of US-UK Tax Treaty9 August 2021
Competent authorities have provided welcome guidance regarding the application of the “Limitation on Benefits” clause of the US-UK income tax treaty.
WFW advises Saeta Yield on project financing for two 49.90 MW CSP plants6 August 2021
Madrid-headquartered Saeta Yield manages a portfolio of assets comprising 936,5 MW of wind, PV and solar thermal energy in Spain, 95 MW of wind energy in Uruguay and 144 MW of wind energy in Portugal.
WFW advises lender on €40m financing for Madrid city centre retail project6 August 2021
The 5.500sqm building will hold the first physical store of WOW, a new venture conceived and developed by the former CEO of top Spanish retail chain El Corte Inglés.
Hotels & hospitality – stress to distress?5 August 2021
With the Covid-related restrictions of the last fifteen months easing for many in the hotel and hospitality industry, we consider whether any of the existing stress will turn into distress?
Snacks: Digestible Weekly Labour News – Issue 145 August 2021
Read the fourteenth edition of our weekly update of Italian labour law.
WFW advises FERNAO on refinancing5 August 2021
FERNAO was set up by private equity funds advised by AUCTUS Capital Partners in 2015 as a build-and-buy platform initially to acquire Magellan Netzwerke GmbH.
ESG and Logistics – Powering the future4 August 2021
In the first of our series of articles focussing on logistics real estate, we explore the themes of green power generation and power management in logistics buildings as a means of tackling climate change.
Commercial Disputes Weekly – Issue 843 August 2021
In this week’s Commercial Disputes Weekly discover whether collateral warranties in construction projects constitute construction contracts, how to determine whether a shipbuilding contract guarantee is a see to it or an on demand guarantee, and warnings on the importance of getting it right when serving and issuing proceedings. Plus the Supreme Court gives some thought to estoppel by convention.
New German VAT treatment of remuneration for supervisory activity published3 August 2021
Following recent EU and German court decisions, the German tax authorities have advised that lump-sum remunerations for supervisory activities will generally not be subject to VAT; though exceptions may apply for remuneration schemes comprising of fixed and variable payments.
Sexual harassment in the workplace – new employer obligations2 August 2021
The UK Government recently published its response to its consultation on sexual harassment in the workplace and intends to introduce new legislation “as soon as parliamentary time allows”. At this stage, it is unclear from the Government’s Response exactly how any changes in legislation will affect current employer obligations, but employers may need to take further active steps to prevent sexual harassment.
WFW joins Greener Litigation Initiative2 August 2021
The firm has joined fellow law firms, barristers’ chambers and other disputes professionals in signing the ‘Greener Litigation Pledge’ an initiative which aims to reduce the environmental impact of dispute resolution practices across the UK.
