VWV has recently acted for a long-established commercial cleaning company (CleanTEC Services Limited) in the sale of a majority of its shares to an Employee Ownership Trust and an Employee Benefit Trust.
Bristol-based biotech company CytoSeek has acquired a significant investment from deep tech investment fund, Science Creates Ventures ('SCV') and a syndicate of other investors, with legal support from VWV.
The National Procurement Policy Statement this month applies to all contracting authorities who are subject to the procurement rules. Whilst broadly welcomed it raises a number of practical challenges for local authorities and the wider public sector.
The Treasury has issued new guidance which relates to 'Special Severance Payments' (SSPs) made by public sector employers to their employees. The guidance sets out the criteria that should be considered and steps to take to obtain Treasury approval.