Hammond Suddards in online service launch

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Latest Briefings

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 […]

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 […]

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White & Case opens Palo Alto office

Black joins White & Case from Jackson Tufts Cole & Black as partner. Roy Bartlett also joins as partner from the same firm along with Ellen McGinty King who joins as counsel. Steven Betensky brings the partner count in the new office to three. He joins from White & Case’s New York base. The US […]

Flotations & Financing

Freshfields is acting for Financial Security Assurance in the establishment of a eurobond issuance programme of up to £1bn for the financing of public private partnership and public sector -related projects. Rotch Property Group is sponsoring and promoting the programme, which has been arranged by UK investment bank Schroders. Project finance partner Nick Bliss, with […]

White & Case lures top in-house lawyer

White & Case has recruited a top in-house lawyer as a partner in its London office. Mats Sacklen has joined the firm from the Zurich headquarters of ABB Group, the global engineering and technology group, where he was senior in-house counsel. He joins the London office’s corporate department, where he will specialise in cross-border acquisitions […]

Two firms open in Birmingham with eye on insurance market

Two more law firms are opening offices in Birmingham as the city continues to develop as a leading market place for insurers and other niche areas. South Wales firm Palser Grossman opened an office last week in Birmingham in a continued effort to hold onto its insurance clients. And 36-partner Browne Jacobson, the Nottingham and […]

Will new US bank law threaten work?

David Morley, head of banking, Allen & Overy Peter Kohl, head of banking, Dorsey & Whitney Peter Gaines, partner, Baker & McKenzie A long-awaited change in US legislation may lead to the first major re-structuring of US banking in more than 60 years. The Glass-Steagall Act 1933 was passed to put up barriers between banking, […]

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