Related briefings

Privacy Shield open for self-certification on Aug 1

On August 1 US organisations can finally begin to submit self-certification requests to the Department of Commerce under the new EU-US “Privacy Shield.” This opens a new era for the lawful transfer of personal data from the European Union westward across the Atlantic. The Commerce Department has published a practical guide, “How to Join Privacy Shield: Guide to Self-Certification,” […]

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Tax Issues around Brexit

Our European tax team recentlydelivered a breakfast seminar exploring the tax issues and challenges posed by the result of the EU Referendum. The team covered a range of issues, including: the European framework, including overview of the EU, EEA, Eurozone and other European groupings; the process of the UK’s withdrawal from the EU; and the […]

India shuts down Mauritius route

Time to rethink investment structures On May 10 the Indian government issued a press release announcing the signing of a protocol to amend the India-Mauritius tax treaty.1 As a result of these amendments, Mauritius tax residents will no longer be exempt from Indian capital gains tax on sales of shares of Indian resident companies that […]

Insurance: new assessment method for GSIIs

The International Association of Insurance Supervisors (“IAIS”) has published its updated assessment methodology for designating global systemically important insurers (“G-SIIs”) (the “Revised Methodology”). As part of the review cycle of the IAIS and following consultations in 2015 the Revised Methodology now comprises five phases and adopts absolute reference values for certain indicators. Additionally, the Revised Methodology incorporates a […]

Outlook in enforcement actions against foreign banks at the new NYDFS

By Matthew L. Biben, Courtney M. Dankworth, Eric R. Dinallo, Mary Beth Hogan, Gregory J. Lyons, David Sarratt, David G. Sewell, Harriet M. Antczak On June 15 Maria Vullo was confirmed as the new Superintendent of the New York State Department of Financial Services (“NYDFS”), solidifying the first permanent change in leadership at the agency. Since the departure last summer of […]

Latest Briefings

10 stumbling blocks in a business exit

Every business exit is different and a seller’s requirements will vary depending on the nature of their target business, the parties involved and the wider commercial climate. Even so, common issues crop up regularly.

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Debevoise and Davis Polk win roles on Warner Music’s IPO

Debevoise & Plimpton and Davis Polk & Wardwell will be advising on the return to the public markets of the recording label Warner Group. The Lawyer understands that Debevoise’s chief financial officer and capital markets partner Matthew Kaplan is advising Warner on the NYSE listing together with corporate partner Eric Juergens, while Davis Polk’s team […]

Mining

Debevoise secures billion-pound settlement for mining company

Debevoise & Plimpton has secured a billion-pound award for a mining company in an arbitration against the Islamic Republic of Pakistan in the International Centre for Settlement of Investment Disputes (ICSID). Tethyan Copper Company (TCC), a joint venture between Antofagasta and Barrick Gold Corporation, filed claims against Pakistan for its denial of a mining lease […]

City

Debevoise continues London push with three partner promotions in 2019

Debevoise & Plimpton has promoted three lawyers in London to partner out of a total of seven worldwide in its 2019 promotions round, following on from the two it made up in the City last year. Tax lawyer Cécile Beurrier, litigator Christopher Boyne and competition specialist Timothy McIver were the three UK-based lawyers made up. […]

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