Linklaters scores Capvest coup

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Latest Briefings

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 […]

Developments in the Swiss securitisation market in 2017-18

By Lukas Wyss In July 2017, BMW (Schweiz) AG closed a new public Swiss auto lease ABS transaction. The transaction features the issuance of €325m Class A Floating Rate Notes via BMW’s Luxembourg platform Bavarian Sky Europe S.A. (acting in respect of its Compartment Swiss Auto Leases 2). This was one of the first Swiss public […]

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Fountain Court raids 11KBW in rare QC move

Fountain Court has poached commercial silk Charles Béar QC from 11 King’sBench Walk in a rare QC hire. Béar was called to the Bar in 1986 and took silk in 2003. He specializes incommercial, employment and administrative law disputes. Michael Brindle QC, joint head of Chambers at Fountain Court, said: “We arevery pleased that Charles […]

Law Soc announces ‘soft skills’ training initiative

The Law Society is planning a training programme designed to give lawyers access to ‘soft skills’ such as leadership, team building and client presentation in an initiative that law firms hope will help them with staff retention. The project, which is in its initial stages, could see the Law Society producing bespoke training materials as […]

Switzerland

Switzerland is traditionally viewed as an international hub for private banking. More than a third of worldwide private assets are estimated to be managed out of Swiss banks. Although the country’s appeal as a haven for wealthy individuals has been eroded in recent years as a reuslt of international pressure to combat money laundering, this […]

Olswang veteran joins Clydes for TMT push

Clyde & Co has recruited Olswang partner Kim Nicholson as a telecoms and technology adviser. Veteran Nicholson was a partner at Olswang for 13 years, and built up the firm’s technology and communications practice. She has worked part-time at the firm in recent years. She joins Clydes to develop the firm’s technology department in London […]

DLA Piper to field defence for Pakistani cricket captain

DLA Piper‘s sports team has been drafted in by the Pakistan Cricket Board (PCB) to represent captain Inzamam-ul-Haq against charges brought by the International Cricket Council (ICC). The ICC has accused Inzamam of ball-tampering and bringing the game into disrepute following the early finish of the Fourth Test at the Brit Oval on 20 August. […]

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