Harper Macleod overhauls management with new non-lawyer boss

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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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Vinge hire kicks off Cederquist growth

Swedish firm Cederquist has hired the managing partner of Vinge’s Brussels office to kick off a major expansion push. Cederquist has plans to expand substantially its capacity in Sweden to rival market leaders such as Vinge and Mannheimer Swartling. The firm’s managing partner Jens Tillqvist told The Lawyer: “We have a new business plan. Today we’re 65 […]

Weil wins battle for war crime witnesses’ anonymity

New York-based firm Weil Gotshal & Manges has submitted a successful amicus curiae brief defending the safety of war crime witnesses and their families. Drafted on behalf of pro bono client Human Rights Watch, the brief sought to protect the right of a human rights observer not to reveal their sources for fear of reprisals […]

Partner pay growth outstrips newly qualifieds’ rate

Despite recent moves to raise associate pay, the rate of increase in average partner profits in the UK’s top 10 firms has outpaced significantly the growth in newly qualified salaries. Newly qualified associates, the most accurate barometer of associate salaries, received their largest pay rises for several years at the start of the current financial […]

Housing benefit

With a housing shortage, development has changed and the processes for the creation of infrastructure must modernise to keep up, say Stephen Ashworth and Janine Shaw There is no question that there is a housing shortage in the South East. What is less clear is how it should be addressed and whether the emerging infrastructure […]

Merrill Lynch makes use of Ashurst’s CDO nous

Ashurst has advised Merrill Lynch on a collateralised debt obligation (CDO) involving small and medium-sized enterprises (SMEs) issuing bonds as security for notes. The PULS CDO 2006-1 PLC was issued in five tranches of fixed and floating-rate notes and had a total value of £260m. It was the first deal for portfolio manager Capital Securities […]

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