Shoosmiths moves chairman to Birmingham

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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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Fried Frank loses corporate star ahead of Ashursts vote

Fried Frank Harris Shriver & Jacobson has been hit with the departure of one of its most senior partners, just as the firm prepares to finally vote on its merger with Ashurst Morris Crisp.Corporate partner Stephen Fraidin is leaving Fried Frank after 40 years to join Kirkland & Ellis’ New York office. Fraidin informed Valerie […]

Fraud Advisory Panel makes Wright decision

Rosalind Wright is to replace George Staple QC as the chair of the Fraud Advisory Panel. The panel’s main role is to publicise damage to the economy as a consequence of fraud. Wright is currently the director of the Serious Fraud Office. She will replace Staple when he steps down in May. First revealed on […]

Linklaters abandons US merger

Linklaters has finally given up on its US merger plans. In a U-turn in strategy, it has now opted to grow its New York practice through organic growth.

Preston Gates-Luce Forward merger talks break up

Preston Gates & Ellis, the Seattle firm established by the father of Microsoft founder Bill Gates, has pulled the plug on merger talks with Luce Forward Hamilton & Scripps. The two firms have been in talks since late last year, but went public with their intentions this January. The tie-up would have created a serious […]

Paul Hastings captures top Orrick litigator in San Francisco

Orrick Herrington & Sutcliffe has lost well-known San Francisco litigator Jeffrey Wohl to Paul Hastings Janofsky & Walker. Wohl headed Orrick’s San Francisco employment law group and also served for 10 years as the firm’s general counsel.Wohl will continue his representation of major national and regional companies in employment litigation and counselling at Paul Hastings’ […]

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