16 April 2021
Update: On 15 April 2021 the German Federal Constitutional Court (Bundesverfassungsgericht) has ruled the Berlin Rent Cap (Berliner Mietendeckel) to be void in its Entirety
With yesterday´s ruling, the Second Senate of the German Federal Constitutional Court (Court) declared the law of the State of Berlin on rent limitation on residential properties in Berlin (Berlin Rent Cap) to be unconstitutional and therefore void in its entirety.
08 April 2021
Real estate transfer tax (“RETT”) reform likely to be implemented on short notice
The German RETT reform is gaining momentum and an updated draft bill is contemplated to be voted on by the German parliament as early as mid-April. While a draft bill has not yet been published, with a few exceptions, the new rules are expected to be largely similar to a previous draft published in...
12 March 2021
Forearmed: A real estate disputes guide to likely trends in 2021 and beyond
Thankfully, most real estate investments do not suffer from complex disputes. But, as a real estate disputes team with experience going back to the early 1990s, and through several cycles of the economy, we have seen the kinds of issue that can arise at times when there is uncertainty in the global...
18 December 2020
Specialist Disability Accommodation Projects
The development and management of Specialist Disability Accommodation ( SDA ), being housing that is specially designed to tend to the needs of people who have extreme functional impairment or very high support needs, is an emerging asset class gathering momentum and interest from developers and...
24 November 2020
Back to basics: The Development Consent Order regime podcast series
In this series of "Back to basics" podcasts, we provide a bite-sized introduction to the nationally significant infrastructure project (NSIP) regime under the Planning Act 2008, drawing on our extensive experience advising on all key aspects of development consent orders (DCOs). Each of the five...
09 July 2020
Pressure Points: A focus on security interests under the PPSA (Australia)
Like other crises that have come before it, both financial and otherwise, Covid-19 has impacted business revenue in almost all sectors. Government mandated social and business lockdowns in Australia and overseas have resulted in contracted liquidity and businesses needing to expend cash, tap...
09 June 2020
Governance: Changes to UK insolvency law could significantly reduce landlords’ recoveries in an insolvency process (UK)
Update ; The Corporate Insolvency and Governance Act 2020 commenced into effect on 26 June 2020. While the final provisions of the Act largely reflected the drafting of the original Bill, certain amendments were made including to: (i) improve the information available to certain pensions creditors...
07 May 2020
COVID-19: Pressure points: The impact on development finance transactions (Australia)
Less than five months have passed since the existence of a new virus was reported to the World Health Organisation. The pandemic continues to expand, with confirmed cases of COVID-19, the disease caused by the coronavirus (SARS-CoV-2), soon to reach 4 million globally.
07 May 2020
COVID-19: Pressure points: Commercial real estate assets in Europe – do tenants have to pay their rent during the pandemic? (Europe)
A short update from our experts in key locations across Europe comparing government responses and assessing if and to what extent the obligation of tenants to pay rent is affected.
09 April 2020
COVID-19: Pressure points: Mandatory Code of Conduct for commercial tenancies (Australia)
On 7 April 2020, the National Cabinet approved a Mandatory Code of Conduct for SME commercial leasing principles during the COVID-19 pandemic (the Code ). The Code provides a binding framework for resolving the fraught question of how the financial burden of the COVID-19 pandemic should be shared...
08 April 2020
COVID-19: Pressure Points: Real Estate landlord tenants update (Australia)
Updated as at 8 May 2020 The shockwaves from the outbreak of COVID-19 are being felt right across the Australian economy – and commercial real estate is no different. Tenants and landlords are facing the prospect of a prolonged reduction in business activity, remote working and some have endured...
08 April 2020
COVID-19: PRESSURE POINTS: Potential legal impact on the construction sector and international projects (Spain/Global)
Measures that have been widely adopted by governments around the world to address the COVID-19 pandemic have already and, will no doubt further, spill-over onto the construction sector.
30 June 2022
Asia-Pacific Competition Law Guide 2022
We are pleased to announce the launch of the sixth edition of Herbert Smith Freehills’ Asia-Pacific Competition Law Guide. Since the previous edition of the guide and in the context of the changes brought about by the COVID-19 pandemic, competition authorities across the Asia-Pacific region have...
29 June 2022
Trust Companies see cyber security as key business risk
Our survey confirms that trust companies continue to see cyber security as a key business risk. This is in line with companies in other areas: in IBM's 25 th edition of "The CEO Study", drawn from interviews with 3,000 CEOs worldwide, CEOs ranked cyber risk as their greatest organisational...
27 June 2022
Australia’s new employee stock ownership plan disclosure exemptions present a stark choice
New reforms designed to expand access to employee equity and reduce red tape by removing disclosure and other regulatory requirements will come into force in October – but the reality is they will present companies with a stark choice when offering equity in Australia to employees.
23 June 2022
Trust Companies Survey 2022: Beneficiary Disputes
Respondents continue to identify Beneficiary Disputes (ie disputes between the trustee and one or more of the beneficiaries) as a significant challenge. However, trustees' primary concerns remain in other areas, with Beneficiary Disputes ranking as the sixth most pressing issue. In this article, we...