SPAC litigation: What happens if the “blank check” bounces?

The demand for Special Purpose Acquisition Company (SPAC) formations in the Cayman Islands increased through the first quarter of 2021 following robust performance in 2020.

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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.

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.

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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This month’s publication of The Lawyer’s new US 50 ranking confirms that 2020 was yet another record year for US law firms in the UK. But while 23 firms saw a double digit rise in revenue and seven grew their turnover by 20 per cent or more, not every firm enjoyed such a barnstorming performance […]

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Dentons scores Government contracts worth more than £9m

Dentons has won two lucrative UK Government mandates whose combined value is worth around £9.5m. The contracts relate to two different mandates for the Department of Business, Energy and Industrial Strategy (BEIS) and HM Treasury. However, they stem from Dentons’ role within the Government’s wider Finance and Complex Legal Services (FaCLS) panel. The HM Treasury […]

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Presentation skills for lawyers: how to do anecdotes in video meetings

Regular readers will be aware of my embrace of storytelling in presentations and I have written on more than one occasion about the power that lies within a good story, well told. The anecdote in particular is a great way of personalising dull material, building empathy with your audience and leaving a short, sharp impression. […]

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