A&O champions poor on water privatisation deals

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Latest Briefings

Cayman Grand Court hands down decision on master-feeder fund structures

By Giorgio Subiotto, Tim Cone The Cayman Grand Court has handed down a decision that has significance for Cayman master-feeder fund structures. Funds and their advisers should review the redemption provisions in master fund articles of association and partnership agreements to ensure that, operationally, redemptions are being effected in accordance with such documents. Background In the matter […]

Reduction of partial transition compensation for working hours by Supreme Court

By Lucas Hoogervorst, Maureem in Poel The Supreme Court ruled last Friday that, in short, a partial amendment of an existing employment contract in circumstances that have to be borne by the employer, may result in the payment of a partial transition payment. This concerns the special case that, due to circumstances, is forced to proceed […]

Prinsjesdag- Tax plan 2019

The government submitted the Tax Plan 2019 and related legislative proposals to the House of Representatives. A number of parts of these legislative proposals that may be relevant include: 1. Change of rates in corporation tax, income tax and VAT 2. Limiting depreciation possibilities buildings in own use 3. Limitation periods for loss settlement in corporation […]

Prinsjesdag 2018- Indirect taxes

The government submitted the Tax Plan 2019 and related legislative proposals to the House of Representatives. A number of elements of these legislative proposals that may be relevant include: 1. Increased VAT rate reduced from 6% to 9% 2. Extension of VAT sports exemption 3. Implementation E-commerce Directive 4. Modernization small entrepreneur scheme

2019 Dutch budget

The 2019 Dutch Budget (the Budget) includes a proposal to abolish the existing dividend withholding tax, replacing it with a withholding tax on dividend payments to related entities in low-tax jurisdictions and in cases of abuse as of 1 January 2020. In a separate proposal, implementing the EU Anti-Tax Avoidance Directive (ATAD1) new rules are […]

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Fighting for survival

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Garretts hire brings Queens Moat Houses to BLP

Berwin Leighton Paisner (BLP) has won new client Queens Moat Houses through Garretts lateral Andrew Little, who joined in May 2002 when the accountancy-tied firm collapsed. Little, a former general counsel for Holiday Inn Hotels, had several key clients, including Muirgold, the Hilton Hotel Corporation and conference centre operator Hailey. He has just advised Queens […]

BLP grows private equity with Osborne Clarke hire

Osborne Clarke has suffered another blow in London with the loss of private equity partner Geraint Lloyd to Berwin Leighton Paisner.Lloyd counts among his clients the Close Brothers Group, for whom he works across several divisions on private equity-backed M&A transactions, development and venture capital and real estate funds, and Matrix Securities.Commenting on the recruitment, […]

Deals may be down, but the march into China carries on

Law firms remain confident that China will weather the current economic storm. Given the number of foreign firms piling into the People’s Republic of China (PRC) recently, it will come as a surprise to many that the total value of deals completed in China is significantly lower in the first half of 2003 than for […]

Eversheds’ German merger talks collapse

Eversheds‘ hopes of a deal in Germany have been scuppered yet again after talks with Cologne firm Cornelius Bartenbach Haesemann & Partners ended in failure to secure a relationship. The abandoned negotiations are the latest setback for Eversheds in Germany. Three years ago, it lost out to Norton Rose by one vote when partners at […]

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