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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

Bird & Bird's Little migrates to Kemp & Co

Top IT firm Kemp & Co is celebrating its first year in practice by poaching lawyer Jonathon Little from Bird & Bird. Managing partner Richard Kemp says: “Jonathon’s arrival significantly builds our capability in our core commercial and regulatory practice area.” The appointment of Little, who joins the niche IT and communications firm as a […]

Litigation Writs 10/5/99

A doctor who was convicted of causing death by dangerous driving in January 1994 is facing a High Court compensation claim. The action has been launched by three survivors of the accident, in which one person died. Keith Wells, Michelle Thorpe and Kieran Thorpe, suing through his mother Michelle Thorpe, have issued a writ against […]

DAC culls Manchester property arm

Davies Arnold Cooper is continuing to strip back its Manchester office by closing its property department. The closure comes just two months after the firm’s entire construction team left to join Hammond Suddards. (The Lawyer, 15 March). At the time of the departures Phil Jepson, managing partner at Davies Arnold Cooper’s Manchester office, said construction, […]

Manches drops '& Co' for slimline look

First cameron mcKenna fiddled with its capitals, then edge ellison dropped its (capital) e’s. Now Manches & Co is taking the bold step of modernising its image by dropping the ‘& Co’ from its name. The firm will now be known simply as Manches. Alasdair Simpson, Manches’ senior partner, says: “It is complementary to a […]

In brief: McDermott Will & Emery

McDermott Will & Emery, the US firm, has appointed Professor Abram Chayes, former legal adviser to the Kennedy administration, as international counsel based at its Boston office. Harvard law professor Chayes was an adviser during the Cuban missile crisis and represented Nicaragua against the US in the World Court over the Reagan administration’s support for […]

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