Law Society SIF table branded “bizarre'

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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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Property

Olswang advised Capital & Regional Properties on the £93.8m acquisition of the Pallasades Shopping Centre, Birmingham, from Fordgate, advised by Teacher Stern & Selby.

In brief: Litigators appoint Hugh Elder president

The London Solicitors Litigation Association appointed London firm Gordon Dadds partner Hugh Elder as its president, replacing Beachcroft Stanleys partner Richard Evans, at its AGM last month. Kingsley Napley partner Richard Fox was re-elected honorary secretary and Clifford Chance partner Simon Davis was elected honorary treasurer.

In brief: Pagan Macbeth opens Dunfermline office

Scottish firm Pagan Macbeth has opened a new office in Dunfermline, alongside its existing offices in Edinburgh, Fife and Lothian, to service what it believes is a mini-boom in the Fife area. Alison Green, partner in the four-partner firm, said: “The West Fife economy has seen a great deal of investment in recent times and […]

Accountancy Survey. Accounting for the accountants

A survey has revealed that accountants are not delivering the services law firms want. The fourth annual survey by The Lawyer and chartered accountancy firm Baker Tilly makes depressing reading for accountants. Despite accountants’ marketing, brochures and stated commitment to client service, many solicitors remain dissatisfied. Quotes such as “they could show basic interest in […]

In brief: Coutts appoints Carr as general counsel

Coutts Group, the private banking arm of NatWest, has appointed Chalmers Carr to the newly created position of group general counsel. Carr will have responsibility for building up a team to serve Coutts’ worldwide network of offices. Carr joined from HSBC, where he spent nine years as general counsel.

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