TLT LLP

💡 The Moveable Transactions (Scotland) Act is expected to have a significant positive impact on fund finance transactions in Scotland. The Act received royal assent in June 2023 and is anticipated to come into full force this year. Euan Cluness writes for The Scotsman explaining what the Act is, how it will impact businesses in Scotland and the benefits it will provide for funders and businesses a like. Read the full article 👉 https://lnkd.in/g2G_AQB2 #Finance #MoveableTransactionAct #MoveableTransactions

💻 A new AI bill is expected to be announced in the King’s speech this week, however until the scope of the new legislation has been agreed it remains important for regulators to continue their work in identifying emerging risks and developing detailed guidance for their sectors. In this article for the Privacy & Data Protection journal, Partner Gareth Oldale and Knowledge Lawyer Emily Holdsworth compare recent updates from some of the key regulators on their strategic approach to AI. Read the full article here:  https://lnkd.in/eS2yJyd4 #AI #AIRegulation

📰 In February, the government introduced a milestone legislation, as part of the Environment Act 2021, aimed at ensuring wildlife habitats are left in a better state than before development to support nature's recovery. Following the introduction of the new legislation, developers in England are required to deliver 10% biodiversity net gain when building new houses and commercial developments. There are a number of ways developers can achieve this, including purchasing offsite biodiversity net gain units that are maintained by a landowner / land manager for a minimum of 30 years. 🍃 Future energy partner David Miller and director of estates and natural capital at Belmont Estate Gil Martin, review the legal and pricing practicalities as well as the benefits of selling offsite biodiversity net gain units in an article published in EG. To find out more, read the full article online (register to read) ▶ https://lnkd.in/evyyne54 #BiodiversityyNetGain #RealEstate

🧠 Alongside our new neurodiversity network, we’ve now announced further support for our colleagues, including a fully funded assessment, diagnostic and support package. Our neurodiversity network is our sixth employee network, helping neurodivergent colleagues meet, share advice, and provide mutual support. The support package includes a range of measures, recognising the varied challenges facing neurodivergent colleagues and acknowledging individual needs. Alongside access to assessment and diagnosis for our people and their partners and children, we’re also developing a toolkit with neurodiversity experts to enable discussion and encourage education. Learn more about what some of our neurodiversity network members think about the support package below. 🔗 Or read the full press release on our website to discover more about the support we’re now offering: https://lnkd.in/em8HpPdQ

B Corps have become an important part of the UK economy helping to make business a force for good.  In this article, Alison Johnson explains what a B Corp is, how to become one in the UK, potential benefits and useful resources. Read the full article here: https://lnkd.in/ep5N_MUK #ESG #BCorps

🗓 💻 All schemes within scope must connect to the Pensions dashboard digital architecture by 31 October 2026 at the latest. However, if your scheme is on the road to buy-out (or undergoing any other change of administrator) it could be granted the right to defer by up to a year, possibly allowing a buy-out to complete before dashboard connection becomes necessary. Trustees have until 8 August 2024 to apply for deferral. Ellie Taylor and Tomos Davies take a look at the key commercial considerations in this article: https://lnkd.in/e6xMRJUG #Pensions #PensionsDashboard 

We’ve advised one of Europe’s most prominent construction waste and collection companies, Sortera, on the acquisition of Reston Waste Management Ltd, in a deal which makes Sortera the largest independent construction waste company across Greater London. The team was led by corporate partner James Webb and managing associate Yervand Agobiani, supported by Kirsty Wilson and David James. The deal also required cross-sector expertise from Ed Pitt, Rebecca Morrell and Michelle Leech in the real estate team; John Arthur in the planning team; Oliver Sargent in the employment team; and William Ngan and Chloe Jodkowski in the tax team. Read more on our website: https://lnkd.in/gVhs9HUr

This week at TLT: 🏛 The new government stated that it intends to make Britain a “clean energy superpower”. Read partner and head of our cross-discipline future energy team Maria Connolly's article in The Times, which examines the challenges the government and the sector are facing: https://lnkd.in/dCnBxwTp 🎧 TLT partner, Elizabeth Delaney, is joined by Lionel Lesur, partner, at Franklin société d'avocats (Law Firm), to discuss key factors impacting French mergers and acquisitions, in episode four of our World View, International M&A #podcast. https://lnkd.in/evK6rE-u 🏆 Congratulations to Roger Potgieter and team on winning the Asset Finance Connect Professional Services Firm of the Year Award 2024, demonstrating our ambition and determination to establish TLT as the leading provider of legal services to the #AssetFinance industry. https://lnkd.in/eidb5Xbh For more legal insight, and to learn more about our local, national and international expertise, follow TLT LLP.

We have advised K3 Capital Group on its acquisition of capital allowance advisory specialists HMA Tax in a deal which boosts K3’s offering in the tax advisory sector and demonstrates our expertise in advising on mergers and acquisitions. The team was led by corporate partner Ian Roberts, with support from senior associates Seraphina Wilkins-Tolliday and Sam Jones and associate James Pike from the corporate team. The acquisition also involved cross-practice expertise from TLT’s tax, employment, commercial, tech and real estate teams. Read more on our website: https://lnkd.in/eS2F4uFi

🟢 It’s been three years since we became partners with Forest Green Rovers Football Club!       In that time, they’ve been supporting and uniting communities through football whilst creating fantastic sustainability initiatives that are inspiring other clubs.       To find out more, Partner and Head of Future Energy and Real Estate, Maria Connolly, sat down with Ambassador for Forest Green Rovers, Helen Taylor, to discuss:       - the value of talking about the S in ESG, and how their summer holiday camps for kids, and weekly community hub, have been bringing people together.   - their new sustainability initiatives, such as their new pee–to-pitch scheme, recycled dugout seats, and how they’re using diamonds to power pumps for match-day drinks.   - and the importance of collaborating with partners, such as TLT, to take positive action – and ultimately work towards a greener Britain.      Watch the full video here -   https://lnkd.in/eeTYKa5m #Sustainability #GreenInitiatives #PartnershipForChange