Car crash robs US firm of managing partner

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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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Audit Office uncovers high fraud count for legal aid

EVIDENCE of “substantial” numbers of fraudulent legal aid applications has been highlighted by government auditors. But the National Audit Office has described the Legal Aid Board’s systems for checking means tests as “robust” in a report on civil aid means testing which was released last Friday. The report, issued just two days after the announcement […]

Lloyd & Associates attracts a clutch of new partners

A NEW London law firm has grown from two partners to six in its first 10 months of operation. Lloyd & Associates also expects a turnover of more than £1 million within its first 18 months. The South Kensington practice was established in May last year by John Lloyd and Meena Heath, both of Lloyd […]

Identifying objectives

I was somewhat vexed by Brian Ellingsworth’s letter in 12 March issue of The Lawyer which inferred that, in private practice, solicitors merely tell their clients they cannot do something, instead of identifying their objectives and finding a way they can be achieved. When approached by a client, there are always three questions I ask: […]

In brief: Lovells litigator becomes senior partner

Andrew Walker, 51, takes the helm as senior partner of international firm Lovell White Durrant this week. The first litigator to be made senior partner of the firm, Walker is expected to be “a strong champion of the firm’s international practice, including its cross-border work”. Currently a senior partner in the practice’s commercial litigation practice, […]

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