Offshore SPACs explained and the benefits

The resurgence of special purpose acquisition companies (SPACs) as an alternative to traditional IPOs was one of the major talking points of 2020. SPACs have become attractive propositions for investors, venture capital firms and private equity funds looking to efficiently deploy capital quickly and enhance their portfolios in an era of low interest rates and market volatility.

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Moving to the Cayman Islands

Boasting an enviable lifestyle, modern infrastructure and a highly sophisticated financial services industry and all within a short flight of Miami and other US cities, the Cayman Islands check all the boxes for individuals seeking to relocate to a tax-neutral jurisdiction. As a result, the Cayman Islands have evolved into an increasingly popular place of residence for internationally mobile “remote-workers” and high-net-worth individuals from around the world.

Norway Practice Bulletin 2021

The 12 months since our last issue have been very different, to say the least, and something of a roller-coaster with second and third waves of Covid-19.

Latest Briefings

European Access Plan: Your gateway to business in the EU

On 24 December 2020, the UK officially left the European Union and, under the Brexit agreement, is now a third country to the EU, outside both the single market and customs union. The change means that UK-EU cross-border business activities are now subject to a number of trade barriers, including adjusted and strengthened border controls and additional administrative work.

Costs risk in appeals from the Irish tax appeals commission

The Finance (Tax Appeals) Act, 2015 introduced a new architecture for the hearing and determination of tax appeals. Amongst other changes, the Tax Appeals Commission (the “TAC”) replaced the Appeal Commissioners, with appeals directly to the High Court only on question(s) of law arising from the TAC’s determination (a ‘case stated’), rather than to the Circuit Court on the basis of a full rehearing of the tax appeal.

EAEU Treaty on trademarks comes into effect

The Eurasian Economic Union (EAEU) Treaty on Trademarks, Service Marks and Appellations of Origin of Goods came into effect on April 26, 2021. It serves as a foundation document for the formation of a regional system within EAEU territory.

Banking leaders discuss keeping pace with growth, digital transformation and driving operational efficiency

In a live webinar hosted by the Financial Times, Clare Hart, CEO of Williams Lea, joined two top operational leaders in the corporate and investment banking industry, David Sliney, Chief Operating Officer of investment bank, Stifel and Paul Poggi, Managing Director and Chief Operating Officer of specialist M&A advisor, Harris Williams, in a panel discussion on the intense pressure within corporate and investment banks to find better and more cost effective ways of running core support functions.

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Fountain Court

Debevoise lawyer moves back to the Bar

Fountain Court has hired an international counsel from Debevoise & Plimpton, the set’s fourth barrister recruit this year. Robin Lööf is joining the chambers at the end of this month. He has been at Debevoise since 2013, working in its white-collar and regulatory defense group. As such, he advises on anti-corruption matters and other criminal […]

Dechert unveils 50:50 home-working plan

Dechert’s management has told its staff that they are expected to spend in the office at least half of their working hours from the autumn, as it also encouraged everyone to get the Covid-19 vaccine ahead of the return to the premises. At the same time, the firm will allow lawyers to choose where and […]

Taylor Wessing chief wins second term at the helm

Taylor Wessing‘s managing partner Shane Gleghorn has secured another term as the firm’s leader. Former co-head of international litigation Shane Gleghorn will lead Taylor Wessing for a further three years. He was first elected to the role in 2018. Gleghorn was part of The Lawyer’s Hot 100 2021 for steering the firm’s life sciences, IP […]

Keith Froud

Eversheds plans three-stage shift to hybrid working

Eversheds Sutherland has revealed it is planning to introduce a hybrid working model in the UK, becoming the latest firm to rethink its approach to office life. According to the firm, subject to government guidelines, staff who meet certain criteria can choose to return to the firm’s UK offices from now until 21 June. Each […]

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