BLG stakes all on City litigation referrals

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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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Singapore fling

Why Singapore has become a secret weapon for firms wanting to launch in Asia Floods of firms rushed into Singapore in the 1990s, although the majority retreated over the following decade as focus shifted to the US and its larger Asian neighbours. But the tide has turned back again. While the China legal market is […]

Eversheds flies in to survey Indian legal landscape

Eversheds is repositioning itself in anticipation of the liberalisation of the Indian market, with its new India head Gauri Advani flying out to the region for the first time since joining the firm. Advani, who was hired from Denton Wilde Sapte in July, joined the firm’s chairman Alan Jenkins and India group chair Parmjit Singh […]

BBC legal team escapes job cuts

BBC’s legal team is to escape the impending 1,800 job cuts unscathed and is planning to increase the size of its legal department. The first of the new appointments is Herbert Smith associate Nicholas Wilcox, who joins the litigation team on 19 November. “The legal team is not anticipating any changes,” said a spokesperson for […]

Private equity and hedge fund lawyers gear up for regulatory bonanza

Will voluntary codes have the desired effect? Or is this just a quick-fix ruse? The private equity industry has been anything but private this year after its major players were hauled up in front of a Treasury select committee and the world at large tried to get its head around key executives’ remuneration packages. Certainly […]

MoFo raids O’Melveny for Japanese boost

Morrison & Foerster (MoFo) Tokyo has raided rival US firm O’Melveny & Myers for a corporate team. MoFo has snared partners Gary Smith, Randy Laxer and David Litt. The three appointments, who join the firm’s corporate team in Tokyo, increase the MoFo Tokyo office’s lawyer headcount to more than 100, one of the largest foreign […]

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