Cooley and Davis Polk advise UK company on first-of-its-kind tech IPO

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Latest Briefings

Jersey’s economic substance requirements – identifying holding company business and its implications

This briefing forms part of our series on identifying relevant activity for the purposes of the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the “ESJL”), in this case holding company business. Identifying Holding Company Business (“HCB”) The ESJL defines HCB as “the business of being a holding company”, which suggests it applies to all […]

Trust Essentials – July 2019

Z trusts judgment: whose rights take priority when a trust is insolvent? Jersey’s Court of Appeal has handed down its long awaited judgment in the Z Trusts case. The decision considers important questions regarding the equitable rights of a former trustee, and whether those rights have priority over the rights of other claimants to the […]

Uzbekistan – Reforms in the provision of tax and customs incentives

In order to further improve the investment climate in Uzbekistan, ensure the implementation of fair competition principles, as well as regulate the practice of granting tax and customs incentives, the Presidential Decree of the Republic of Uzbekistan ‘On measures to further streamline of tax and customs incentives provision’ No. УП- 5755 was adopted on 27 […]

Time is running out! Have you disclosed your nominee agreements to Revenu Quebec?

Effective May 17, 2019, all nominee agreements made as part of a transaction or series of transactions must be disclosed to Revenu Québec (“RQ“) within 90 days of execution, and agreements already in place on May 17, 2019, must be disclosed by September 16, 2019 (“New Disclosure Requirement“). Failure to comply with the New Disclosure […]

IP Strategy: What management can learn from the disruptors

By Gordon Harris, Matt Hervey IP strategies that appreciate licensing, connectivity patents and the behaviour of start-ups can give companies the edge in disrupted markets. When Mark Zuckerberg made “move fast and break things” his company’s motto, he coined a mantra for those seeking to tear up old markets. The Facebook founder’s provocative statement summed up […]

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Beijing

Cooley bulks up Beijing office with Kirkland hire

Cooley is beefing up its Beijing office with newly-appointed partner Henry Yin from Kirkland & Ellis. Yin was previously a Hong Kong partner at Kirkland & Ellis, which he joined in 2014, and started his career at Skadden Arps Slate Meagher & Flom’s New York office in 2009. He deals with corporate matters such as […]

David Pollitt

DAC overhauls bonus structure in record-breaking year for staff

DAC Beachcroft‘s record £7.7m bonus payout to staff last year was a result of the firm’s overhauled remuneration system, which focuses largely on performance-related initiatives, The Lawyer can reveal. Senior associates and legal directors have had their remuneration more closely aligned to that of partners at the firm, while business services staff will now see theirs reflected […]

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