O’Melveny raids Wilson Sonsini and McDermott

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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

Recommended

The work-life quiz

Martin Powell, managing partner, Withy King What was your first ever job? Raw material inspector, Westinghouse Brake & Signal Company, Chippenham, Wiltshire What was your worst experience as a trainee?Being told to turn up for my first day only to find that they hadn’t bothered to tell me that they were closed that day. The […]

Kirkland scoops Gibson restructuring head

Kirkland & Ellis has hired Gibson Dunn & Crutcher’s high profile restructuring head Rick Cieri. Cieri is best known for his work for debtors and secured creditors and was debtors’ counsel in a host of Chapter 11 cases and restructurings including Solutia, Napster and Trans World Airlines. He joins Kirkland’s New York office. Cieri joined […]

Using your influence

A lack of influencing skills is stopping lawyers achieving their goals. Colin Williams reports A common process when undertaking practice development coaching with law firms is to define exactly what individuals or groups are trying to achieve, identify what is stopping them from attaining these goals and pinpoint how they can overcome the blocks they […]

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Equitable Life v Ernst & Young: good, old-fashioned litigation

Equitable and E&Y may want closure, but as Joanne Harris reports, the lawyers are loving this one Equitable Life v Ernst & Young is one of those pieces of litigation that has been rumbling on for what seems like forever. But this year it finally reaches the High Court in a full-blown, six-month trial, beginning […]

Bevan Brittan launches licensing team

Bevan Brittan has established a dedicated licensing practice for the first time, with the hire of two lawyers into its Birmingham office.Former Hammonds senior assistant Sharon McCann and ex-Heatons head of licensing Rob Westwood-Payne joined Bevan Brittan on 1 February.McCann joins the firm as a partner, while Westwood-Payne is an associate. The pair will be […]

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