Lawrence Graham, CC win Old Orleans sale

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Latest Briefings

New Jersey LLC law strengthens the Island’s offering to US managers

By Matthew Shaxson Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week. With a significant […]

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

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CC prepares to woo bride in deregulated China

Clifford Chance‘s Asian managing partner Jim Baird has vowed to team up with a Chinese law firm as soon as the Chinese government allows it. Although the government has not yet bowed to international pressure to deregulate, Baird is prepared to begin discussions with local firms as soon as the market is opened up. “Really […]

Free trade

Due to a host of tax and other incentives, Switzerland has made itself a centre for commodities trading. By Marc Gillieron For many years Switzerland has been home to a number of large international trading companies whose businesses focus on trading commodities. The commodities themselves – principally oil, petroleum products, grains, sugar and cotton – […]

Amnesty calls for release of political prisoners in Haiti

After two years of near anarchy, the Caribbean republic of Haiti is beginning to take shape as a proper democracy. But human rights group Amnesty International warns that, even under the country’s newly reinstated democratic government, thousands of people are still being detained without charge, including political prisoners. Presidential and parliamentary elections held earlier this […]

Bell & Scott absorbs Clairmonts

Scottish firm Bell & Scott has opened its first office in Glasgow, taking over the office of commercial firm Clairmonts. All of Clairmonts’ partners and staff will be joining Bell & Scott as part of the move. Property specialists Bell & Scott’s head office is in Edinburgh, with Clairmonts’ lawyers building the firm’s retail and […]

Foot brawl

News reaches Tulkinghorn that there may be a conflict of interest at Hammonds. “Surely not?” you cry. It transpires that David Hull, the partner who advised Aston Villa FC on the takeover by loaded Yank Randy Lerner, is none other than a huge fan of West Bromwich Albion. Tulkinghorn predicts a riot.

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