Crown Prosecution Service. All tail and no teeth

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Latest Briefings

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 […]

Developments in the Swiss securitisation market in 2017-18

By Lukas Wyss In July 2017, BMW (Schweiz) AG closed a new public Swiss auto lease ABS transaction. The transaction features the issuance of €325m Class A Floating Rate Notes via BMW’s Luxembourg platform Bavarian Sky Europe S.A. (acting in respect of its Compartment Swiss Auto Leases 2). This was one of the first Swiss public […]

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Vaudreys closes department as two family lawyers defect

Manchester firm Vaudreys has closed its family law department following the departure of its two family practitioners to neighbouring firm Lace Mawer. Vaudreys assumed Caroline Bor and Sally Merry would take most of their clients with them and so decided to close shop. Their move also co incides with the departure of the firm’s corporate […]

Denton Hall takes Serbian telecoms industry contract

Denton Hall has won a contract to privatise the telecoms industry in Serbia and says it could be the first international law firm to set up shop there. The six-figure contract will be carried out at an office in Belgrade, which could become permanent if it attracts enough business during the nine-month stay. Denton Hall […]

Clerk retires after half century

A LONG-STANDING senior clerk who joined his first set of chambers at the age of 14, at the end of World War II, has announced his retirement. Gordon Breadmore has stood down as senior clerk from Gray’s Inn Chambers, the specialist family set led by Brian Jubb. Breadmore started out at the libel chambers 1 […]

Financings

Manches & Co advised a consortium led by London & International Projects on its investment in Greenwich Metal Company which was formed to acquire scrap metal business in Greenwich.

In brief: Bakers partner returns from Hungary

Baker & McKenzie partner Peter Magyar has returned to London after eight years overseeing rapid privatisation programmes in Hungary. Magyar, whose Hungarian parents left the country in 1956, the year the USSR crushed the Hungarian uprising, set up Baker & McKenzie’s Budapest-based securities and privatisation practice in 1988. He was lead partner on huge deals […]

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