Latest Briefings

‘Tax Day’ – government continues its campaign to tackle non-compliance

In the UK’s first ever ‘Tax Day’ on 23 March 2021, the government released more than 30 consultation documents relating to the future landscape of the UK tax regime. Whilst these documents scrutinised how taxes should be paid, opportunities for simplification and the potential of digitalisation, it was tackling non-compliance which was firmly in the spotlight once again. Tax & estate planning Partner, James Austen, gives his opinion on the proposed measures.

Fraud in the sub line market – should we be concerned?

In recent weeks, news of the JES Global Capital fraud committed by fund manager Elliot Smerling has come to light. Unfortunately, we live in world where fraud, much like death and taxes, is inevitable.

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Allen & Overy

A&O partner given new hearing date over Weinstein NDA

An Allen & Overy employment partner will appear before the Solicitors Disciplinary Tribunal (SDT) later this year, following an investigation into the drawing up of a non-disclosure agreement (NDA) for film producer Harvey Weinstein. Mark Mansell’s case management hearing had originally been scheduled for 3 June but will now be heard on the 5 December, […]

US and UK flags: Laterals help US firms in London grow

You think A&O has problems? Take a look at O’Melveny in London

While many commentators will now be disparaging Allen & Overy’s US practice, the firm with the bigger overseas headache is O’Melveny & Myers (OMM). Just this year Akin Gump Strauss Hauer & Feld made several swoops on OMM’s London ranks, sending the latter’s partnership headcount to just three. O’Melveny has had plenty of time to […]

A&O and O’Melveny call off transatlantic merger

After over a year of discussions between the pair, Allen & Overy and O’Melveny & Myers have called off their proposed merger. In a joint statement, the firms said: “Allen & Overy and O’Melveny & Myers have held discussions about a possible combination and, despite agreeing that there were some compelling synergies between us and […]

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