From 6 April 2016 almost all UK companies and limited liability partnerships (LLPs) will be required to identify and keep a register of the individuals or legal entities that own or have significant control over them. This register is known as the persons with significant control register (PSC Register). From 30 June 2016, all relevant...
Environment Minister, Mark H Durkan, has issued a ‘Call for Evidence’ on permitted development rights for mineral exploration. This follows a number of high profile cases where members of the public have opposed proposals to explore for shale gas both in Fermanagh and in Woodburn, County Antrim. The Minister will formally gather views on whether...
Following the 2016 Budget debates, the government has said that it is withdrawing its proposals to levy VAT at the standard rate (20%), rather than the lower rate of 5%, on the supply of solar panels in certain circumstances. HM Revenue and Customs had consulted in December 2015 on the proposals to increase VAT, in...
Last week DETI published its consultation on proposals to close NIRO to small scale wind. The consultation paper follows on from the large scale wind consultation paper on 4 March 2016. The paper provides three options:- Option 1 – Close on 30 June 2016 Option 2 – Close on 30 September 2016 Option 3 –...
Tughans, the leading Belfast law firm, has celebrated double success at Insider’s Northern Ireland Dealmakers Awards 2016. Claiming the title “Corporate Law Firm of the Year”; corporate partner John McGuckian also won Young Dealmaker of the Year. Tughans corporate team led by John-George Willis received the highest score from the voting heads of corporate finance...
The Employment Bill has now reached the Final Reading stage at the NI Assembly. This Bill has come about as a result of the Employment Law Review in Northern Ireland, which began in 2013. The Bill covers several areas of reform and particular areas of interest include: Early Resolution of Workplace Disputes This is one...
Our legal trainees Ellen Forester and Nicola Coghlan are heading off to Canada to represent Northern Ireland after winning a contest held at Law Society House in Belfast. The two trainees from the Institute of Professional Legal Studies (IPLS) have triumphed in the regional heat of the Louis M. Brown and Forrest S. Mosten International...
Cayan, trading as Merchant Warehouse, the Boston based provider of payment technologies and merchant services, has completed a major expansion in Belfast. Advised by Tughans legal firm, the company has taken a 10 year lease of almost 23,000 sq ft in City Quays 1 on the Harbour Estate to accommodate its impressive growth. Having opened...
Tughans has topped the Experian Deal Review and Advisor League Tables 2015 advising on 37 Experian credited deals in 2015, ten more than the firm in second position, and almost 25% of all the transactions recorded. The Experian report showed that the number of big business deals increased by more than 50% last year, with...
Tughans Real Estate team has completed the summer months with a hat trick of major retail deals worth over £53 million. Acting on behalf of the CORBO Group, the deals included the sale of Lisnagelvin Retail Park, Londonderry, the Showgrounds Retail Park, Omagh and the south-east Belfast site which is the location of Homebase and...