Shoosmiths LLP

The Automated Vehicles Act (the Act) outlines the safety requirements that manufacturers and operators of automated vehicles will need to meet in order to deploy their goods and services on UK roads. In this article Ben Gardner outlines the key safety areas that will need to be considered. The Act has now received Royal Assent and, at this stage, creates a framework under which further regulations will need to be developed by the Centre for Connected and Autonomous Vehicles (CCAV) to provide the detailed rules and requirements that are needed to enable widespread deployment...

The latest YouGov election poll is predicting that we are likely to have a Labour government on 4 July and this brings uncertainty for the Private Equity (PE) industry, specifically around the carried interest regime.Historically, it seemed to be a forgone conclusion that the carried interest ‘loophole’ would be closed should Labour take control of parliament. As mentioned in our article last year - The saga that “carries on…” we questioned whether this approach was tenable given similar (albeit more conditional) regimes in Europe and the US and the resultant possibility of a potential exodus of PE funds should the tax advantage be removed in its entirety...

Law firm Shoosmiths is advising PI Industries Limited (PI), a Fortune India 500 listed Agri-Sciences Company,  on its offer to acquire Plant Health Care PLC (PHC) - through takeover by way of scheme arrangement.PI has held a leading position in the agricultural inputs industry for over 60 years and benefits from its presence across the complete value chain from product innovation to process development, and large-scale manufacturing to distribution. PHC is a leading peptide company in the agricultural industry, with innovative technology and enhanced manufacturing capabilities...

Experts from Shoosmiths’s corporate restructuring and advisory team have led the restaurant group Tasty PLC through a successful restructuring plan which was sanctioned at a hearing on 4 June 2024. The plan will allow a comprehensive restructuring of the Group’s business and stabilise its future.This restructuring plan is the first restructuring plan of a trading mid-market listed company and one of only 24 restructuring plans that have been sanctioned since restructuring plans were announced in 2020...