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Latest Briefings

Luxembourg’s 2019 Finance Bill: key tax considerations

By William Jean-Baptiste Following the smooth passage of a new Budget bill, Luxembourg has cut the rate of corporate income tax with immediate effect to attract more international investors. The decrease in the corporate income tax (CIT) rate was promised in the Government’s coalition agreement for the period 2018-2023 following the 2018 general elections.

Turkish Law On Data Breaches GDPR Report

Turkey’s first comprehensive data protection law was being launched in April 2016. The 2016 Law on the Protection of Personal Data (“Turkish Data Protection Law”) is based largely on EU Data Protection Law. As a candidate state for EU membership, Turkey aligns much of its legal system with EU law. Turkish data protection law consequently […]

Decision on Decree on the Price and Times to be Applied for Production Activities Based on Renewable Energy Resources

This information sheet has been prepared in accordance with the Decision dated 10.05.2019 and published in the Official Gazette No. 30770 . The legal basis of the decision ; Law No. 5346 on the Utilization of Renewable Energy Resources for the Purpose of Generating Electrical Energy published in the Official Gazette dated 18.05.2005 and numbered 25819 ( Law on the Renewable Energy Sources ). Thus, as is known, the amount, […]

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InBev lines up CC, Linklaters and Sullivan for panel

InBev, the world’s largest brewing company, finalised its first-ever global panel review last month. Clifford Chance, Linklaters and Sullivan & Cromwell were the firms still standing. They will have first bite of the company’s annual E30m (£20.67m) legal spend and are already working on their first mandates. InBev global general counsel Sabine Chalmers, who joined […]

Hammonds partners reaffirm Crossley strategy

Hammonds partners have returned from their biennial partners’ conference optimistic for continued improvement. The firm’s entire international partnership met in Cannes on Friday and Saturday (9 and 10 June) to discuss Hammonds’ new strategy and how to implement it. Managing partner Peter Crossley said that the partners were “very pleased” with the conference, adding: “This […]

Walker Morris pushes its PEP past £600K mark

Walker Morris pushes its PEP past £600K mark” />Walker Morris has broken through the £600,000 average profit per equity partner (PEP) barrier for the first time, with turnover and profit rises of 5 per cent. The Leeds-based firm is estimating that PEP will hit £605,000 this year, up from £575,000 in 2005, while turnover is […]

Bar Council calls for major changes to Legal Services Bill

The Bar Council will call for three major changes to the draft Legal Services Bill today (8 June) as it gives evidence to the joint committee scrutinising the new legislation. The Bar wants the committee to consider the powers of the Legal Services Board (LSB); the arrangements for complaints handling; and the cost of the […]

A&O advises on landmark funding source for charities

Allen & Overy (A&O) has advised on a landmark capital markets deal that the firm says provides a “big step” in creating a funding source for charitable organisations that does not rely on receiving donations. The magic circle firm, led by securitisation partners Christopher Bernard and David Shearer, acted for Morgan Stanley as arranger on […]

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