In brief: Shipping firm clerk sails off with £40,000

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Latest Briefings

Tax ruling by Luxembourg to McDonald’s Europe franchising did not involve illegal state aid- European Commission

On 19 September 2018, the European Commission concluded that a tax ruling granted by Luxembourg to McDonald’s Europe Franchising did not constitute illegal State aid. The Commission acknowledged that Luxembourg had correctly applied the Luxembourg-United States tax treaty. While this decision concerns an individual case, it suggests that State aid rules are not an appropriate […]

Energy tax matters – Prinsjesdag 2018

The Budget Day Package 2018 contains a separate bill (‘Fiscal greening measures 2019’) with measures to reduce CO2 emissions. The proposal includes, among other things, the following changes in energy tax: Promoting electrification: shifting energy load from natural gas to electricity. The tariff in the first disc for natural gas is increased by EUR 3ct / m2, […]

UK real estate and competition law – An insight

By Samuel R Beighton On 18 September 2018, the UK’s Competition and Markets Authority (the “CMA”) announced that Heathrow airport (“Heathrow”) will pay a fine of £1.6 million in relation to an infringement of UK competition law arising from a restriction included within a commercial lease. Importantly, this case marks the first occasion that the CMA […]

Pre-purchase inspection is not a warranty

By Sandra Lando, Julie Djiezion For several years, there have been calls by some associations, including the Québec Association of Building Inspectors, for oversight of the work done by pre-purchase inspectors. On June 12, 2018, they resulted in the introduction of the Act mainly to improve the quality of buildings, the regulation of divided co‑ownership and the […]

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African adventurers

It is surprising that a year after US firm White & Case set up an office in Johannesburg, no US or UK law firm has followed suit. Peter Finlay, partner with overall responsibility for South Africa in White & Case’s London office, says: “Every firm has different aspirations. We have a track record of commitment […]

Brief

David Hull, head of corporate services at commercial firm Edge & Ellison, will be at the opening night of Jesus Christ Superstar in London’s renovated Lyceum Theatre. The curtains rise again in November – 57 years after they last fell. It will mark the culmination of years of legal negotiations to restore the theatre to […]

What is the matter with the CCBE?

As the proposed directive on Rights of Establishment trundles through various European channels, it transpires that the CCBE has only now sent a letter of support to the Council of Ministers. The letter, written by President Ramon Mullerat, said that the directive was “closely akin” to the position of the majority of the CCBE’s delegations. […]

Financings

Wilde Sapte acted for Finnish Export Credit in its provision of a £222m export credit financing package to Thailand’s second-largest mobile phone operator

France bids to scupper rights of establishment

The French government looks set to make an eleventh hour bid to scupper the move to introduce rights of establishment in the European Union. France wants a unanimous vote, not the usual majority vote, at the council of ministers to pass the draft directive on rights of establishment, which has been approved by the European […]

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