Finnish firm enters Russia with bolt-on

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Latest Briefings

E-mobility market in Portugal – An overview

By Manuel Santos Vitor, Catarina Cortez Gamito Historical and legal background One of the main national priorities in what concerns the Portuguese electricity sector is the development and full implementation of a strong electric mobility (‘e-mobility’) market. This priority largely results from the government concerns associated not only with the environment (ie, reduction of greenhouse gas (GhG) […]

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 […]

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Blake Lapthorn’s tax team hit by Shoosmiths raid

Blake Lapthorn Linnell has been left with little corporate tax capability following the departure of the firm’s group head Niall Murphy to Shoosmiths. A qualified accountant and chartered tax advisor as well as a solicitor, Murphy joins the Shoosmith’s Solent office as a partner and its new head of tax after a decade at Blake […]

Baltic firm Sorainen bolstered by raid on rival

Sorainen Law Offices, a 75-lawyer Baltic firm with offices in Estonia, Latvia and Lithuania, has raided a Lithuanian rival for three practice heads. The three join from the Vilnius office of Lideika Petrauskas Vali?nas ir Partneriai, a Lithuanian firm part of the Lawin Baltic network. Sorainen poached partners Laimonas Skibarka and Tomas Milasauskas to head […]

BLP scoops Macquarie water sale

Berwin Leighton Paisner (BLP) has closed its first corporate deal for acquisitive Australian bank Macquarie, advising it on the $1.24bn (£659.01m) sale of South East Water to Hastings Fund Management, an infrastructure investment fund led by another Australian bank, Westpac. BLP, led by partner Patrick Somers, scored the mandate after the firm advised Macquarie on […]

Expanding AIM faces increased LSE scrutiny

City lawyers have applauded news that the London Stock Exchange (LSE) is to review regulations of its junior market AIM. The proposed changes would see floating companies’ nominated advisers (nomads) given their own codified rules, enforced by the Financial Services Authority (FSA). Companies listed on AIM would also have to have their own website clearly […]

Linklaters, A&O score Montagu’s BCA buy

There were no major surprises on Montagu Private Equity’s acquisition of British Car Auctions (BCA) last week. Linklaters led for Montagu, while Allen & Overy (A&O) advised the target. Partners Richard Youle and Dominic Welham led the team at Linklaters, while Stephen Matthews led for A&O. Montagu, which acquired a 100 per cent share in […]

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