A&O: ‘We have no conflict on Northern Rock’

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Latest Briefings

New Jersey LLC law strengthens the Island’s offering to US managers

By Matthew Shaxson Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week. With a significant […]

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

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McGrigors faces negligence claim from authors’ society

National firm McGrigors is being sued for negligence by former client the Authors’ Licensing and Collecting Society (ALCS). In a High Court claim the ALCS, which collects royalties for authors, said the firm failed to exercise a break clause on the lease of its London offices. According to the claim, which was issued by the […]

Howrey banks on Brussels stars for City antitrust relaunch

Trevor Soames is a busy man. He heads Howrey’s EU competition practice, is co-managing partner of its Brussels office and has now just taken over the top job at the firm’s London office, albeit temporarily. Oh, and he has just broken his leg while paintballing with his son. “Trevor will be hopping between Brussels and […]

People moves

North Hampshire firm Lamb Brooks Solicitors has hired Adrian Owen as a partner to head its business restructuring and insolvency team. Owen was previously a partner at Bond Pearce in Southampton. – North Hampshire firm Lamb Brooks Solicitors has hired Adrian Owen as a partner to head its business restructuring and insolvency team. Owen was […]

Don’t live a lie

With a bit of creative editing a job applicant’s CV you can be upgraded from mediocre A-levels to A grades. So what can an employer do to detect those who distort the facts? You were a little lazy at school and not much of a joiner, but never mind: with a bit of creative editing […]

BLP nets Cadwalader securitisation ace

Cadwalader Wickersham & Taft’s London securitisation special counsel Nick Butler has left the firm to join Berwin Leighton Paisner (BLP) as a partner. His appointment bolsters BLP’s securitisation practice, which was formed last year following the appointment of partners Tamara Box from Lovells, former European general counsel of FinancialGuarantee Insurance Company Paul Severs and Tom […]

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