Kendall Freeman seeks injunction against former client

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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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Blackstone backs up Refugee Legal Centre unfairness claim

Barristers from Blackstone Chambers acting pro bono have carried out two challenges in the Court of Appeal on key elements of the Government’s policy towards asylum seekers. In both cases they acted with the Refugee Legal Centre, which was appealing decisions handed down by Mr Justice Collins in the High Court earlier in 2004. In […]

UK Supreme Court’s costs estimated at £7m per year

The Lord Chancellor, Lord Falconer of Thoroton, gave evidence to the Commons Constitutional Affairs Committee last week, estimating the cost of the proposed Supreme Court to be £7m per year. It is a figure that will concern many. Currently, the cost of the Law Lords sitting in the House of Lords is a little over […]

Half-year results: Addleshaws posts 13 per cent turnover hike

Addleshaw Goddard is predicting average profits per equity partner (PEP) of £400,000 after the firm posted a 13 per cent increase in turnover in the first half of the year. During the last full financial year Addleshaws’ PEP after exceptional merger costs was £302,000 (the PEP before exceptional costs stood at £321,000). The firm’s turnover […]

3/4 South Square the victors in MyTravel case

3-4 South Square has emerged as the one of the winners in today’s crucial court battle between MyTravel and its bondholders. The decision of UK High Court today means that MyTravel’s restructuring can go ahead in the teeth of opposition from the bondholders, a decision which could significant repercussions for bondholder activism. However, whichever way […]

Simmons identifies its next managing partner

Simmons & Simmons’ head of financial markets Mark Dawkins is to replace David Dickinson as managing partner of the firm. He is standing unopposed after being the only nominated partner to confirm that he would run for the role. The appointment is expected to be confirmed at a partners’ meeting in December. Dickinson stands down […]

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