ICSL students outraged at BVC resit debacle

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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 […]

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

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Supermarkets braced for £25m investigation fees

The UK’s big-four supermarkets are expecting astronomical legal fees in the wake of the Competition Commission’s investigation into the grocery sector. Asda, J Sainsbury, Tesco and Wm Morrison are expecting a combined legal bill in excess of £25m after the Office of Fair Trading (OFT) referred the grocery sector investigation to the Competition Commission this […]

Gide parachutes in partner to boost Beijing

Gide Loyrette Nouel is responding to increased activity in China by flying its Turkish managing partner out to Beijing. Guillaume Rougier-Brierre will relocate to Beijing in August and will be replaced by IP partner Remy Fekete. Rougier-Brierre will help develop Gide’s Chinese M&A offering as it works with the firm’s international corporate team. He becomes […]

SJ Berwin targets Taylor Wessing property hire

SJ Berwin targets Taylor Wessing property hire” />SJ Berwin has moved to strengthen its real estate links with Germany by hiring Taylor Wessing partner Rob Thompson. Thompson, who has spent his entire legal career at Taylor Wessing, was heavily involved in integrating the UK and German real estate practices at the firm. SJ Berwin head […]

Altheimer partner sets up new boutique

Ex-Altheimer & Gray partner Jessica Learmond-Criqui is setting up a niche firm in London’s Hampstead from 1 June. Learmond-Criqui left Altheimer after its collapse in 2003 and joined West End firm Collins Benson Goldhill as a consultant. An employment specialist, she will be practising alongside fellow employment practitioner Jeremy Sokel in a limited-liability partnership to […]

Blake Lapthorn, Bevan Brittan make up three partners apiece

South West firm Bevan Brittan and the South East’s Blake Lapthorn Linnell have each promoted three lawyers to their partnerships. Bevan Brittan’s promotions were split across its three offices: Ruth Smith became a partner in Bristol’s commercial team, Andrew Tobin was promoted in London’s commercial team, while Colette McCormack was made up in Birmingham’s planning […]

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