Davis Polk & what next?

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Latest Briefings

Implementation of EU anti-tax avoidance directive

The bill of law to implement the provisions of the EU Directive 2016/1164 on anti-tax avoidance (ATAD) in Luxembourg law was made available on 20 June 2018. Subject to parliamentary approval, Luxembourg will introduce controlled foreign corporation (CFC), interest deduction limitation and anti-hybrid rules. It will also modify its existing general anti-abuse rule..

Portugal: Competition and the right to compensation for damages

Act 23/2018, establishing the legal framework on the right to compensation for damages from infringements of competition law, was published on 5 June 2018. This legislative act transposes into Portuguese law the Directive 2014/104/EU of the European Parliament and of the Council, of 26 November 2014, which established common rules to all Member States on […]

Pimlico Plumbers: the self-employed v brand debate

By Paula Rome The widely reported decision in Pimlico Plumbers emphasises the risks of retaining control over staff. However, such control can be key to protecting an organisations’ brand and reputation in the marketplace. Where does this leave us? What does control mean?

What do employers need to know about whistleblowing policies?

By Antonia Blackwell In this instalment of our ‘Breaking Down the Handbook’ series, we look at whistleblowing policies, why they are needed, what they should contain and what traps employers need to avoid. What does whistleblowing mean?

I’m divorced, that’s it, right?

By Miranda Nairn There is a common misconception that once in possession of a decree absolute (the final decree dissolving a marriage), your divorce is done and dusted and you and your ex-spouse can walk off into the sunset, in opposite directions, never to see or hear from each other again. In fact, unless you […]

Recommended

European Food Safety Authority publishes feed additives guidance

On 22 October 2013, the European Food Safety Authority (EFSA) published guidance on the renewal of the authorisation of feed additives. EFSA explains that Regulation (EC) No 1831/2003 establishes rules governing the Community authorisation of additives for use in animal nutrition… If you are registered and logged in to the site, click on the link […]

Manches: A tax of the zombies

Today we give you the inside track on the collapse of Manches, a horror story if ever there was one. As we revealed last week, Manches had paid just £90,000 of a £715,000 tax bill, and had a £6.4m overdraft before it went into administration on 14 October. The firm’s financial situation was a mess. […]

Singapore

Singapore CoA slashes $250m award to $700,000 after Essex Court challenge

Indonesian conglomerate Lippo Group has reduced a $250m arbitral award made against it from $250m to $700,000 after a battle in the Singapore Court of Appeal. Essex Court silk Toby Landau QC secured the major victory for the group following a five-year legal battle in Singapore against Malaysia media giant Astro. It is a significant […]

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E-disclosure: Electric avenue

With practitioners singing the praises of search technology and using past cases as guides, confidence is growing in e-disclosure The panel:  Mark Surguy partner, Eversheds Damian Murphy barrister, Enterprise Chambers Paul Epstein QC barrister, Cloisters Chambers How important is the ruling of Mr Justice Birss in Re Atrium Training Services Ltd for future e-disclosure exercises? Mark […]

Final CFTC rules on protection of collateral for uncleared swaps and treatment of portfolio margining account in bankruptcy

Section 724(c) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) amended the Commodity Exchange Act (CEA) by adding section 4s(l) of the CEA, which sets forth certain requirements concerning the rights of a counterparty of a swap dealer (SD) or major swap participant (MSP) with respect to the segregation of […]

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