Lovells snubbed as HgCapital turns to Clifford Chance and Weil Gotshal

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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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Sweet smell of success

A tale reached Tulkinghorn last week of Brown Rudnick and its plush West End offices. While on a visit last week one of Tulkinghorn’s scribes was fascinated to learn that the older part of the building boasts 17th century murals protected by English Heritage. A better story, however, came courtesy of London head Scott Burns, […]

2 Harcourt Buildings snares second licensing silk

2 Harcourt Buildings has made its second silk hire in as many months by attracting licensing specialist Simon Mehigan QC. Mehigan joins 2 Harcourt Buildings from 5 Paper Buildings. He specialises in licensing and regulatory law, with a particular focus in the gambling and gaming fields. The hire comes two months after 2 Harcourt Buildings […]

CC steals a march on Ashurst with Blackstone coup

Ashurst with Blackstone coup” />Clifford Chance is celebrating after advising private equity house Blackstone Group on the flotation of Southern Cross Healthcare following an 18-month deal frenzy for the care home provider. Southern Cross floated on Friday (7 July) after initially postponing the share sale because of recent stock market turbulence. Private equity partner Ian […]

DMH Stallard outperforms PEP target

South East firm DMH Stallard has smashed its profit per equity partner (PEP) target despite posting just a 6 per cent rise in turnover during the 2005-06 financial year. South East firm DMH Stallard has smashed its profit per equity partner (PEP) target despite posting just a 6 per cent rise in turnover during the 2005-06 financial year. […]

French corporate boutiques suffer as Anglo-Saxon firms thrive

France’s leading independent corporate firms Bredin Prat and Darrois Villey Maillot Brochier both saw a drop in income in an otherwise strong financial year in France. Anglo-Saxon law firms in Paris are winning business from Bredin Prat and Darrois Villey, which have traditionally dominated the French corporate market. Turnover dropped four per cent at Bredin […]

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