TwoBirds takes Asia corporate chief loss on the chin

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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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K&L Gates, One Brick Court join forces to tackle blog anonymity

Kirkpatrick and Lockhart Preston Gates Ellis (K&L Gates) has scored a brace of High Court orders for Sheffield Wednesday FC that will force websites to name anonymous bloggers who voiced their dissatisfaction with the club’s management. The orders will make it more difficult for internet posters to maintain their anonymity. The larger of the two […]

Olswang hikes real estate with Speechly capture

Olswang is continuing its real estate expansion by boosting its planning and regeneration practice with a new head of planning recruited from Speechly Bircham. Richard Keczkes will join Olswang on 1 November, replacing associate and head of planning Alison Askwith, who will remain at Olswang as part of a larger team that will include two […]

A&O, Cleary, Mayer Brown gain superfund instructions

Allen & Overy (A&O), Cleary Gottlieb Steen & Hamilton and Mayer Brown have secured lead roles advising on the proposed mortgage securities superfund, which has been designed to help alleviate the impact of the credit crunch. A&O and Mayer Brown are advising the three structuring banks, Citigroup, Bank of America (BoA) and JPMorgan, while Cleary […]

Buse merges to kick-start Euro network

Field Fisher Waterhouse‘s (FFW) former German alliance partner Buse Heberer Fromm is creating its own European network and has merged with Frankfurt firm Heide Rechtsanwälte, which has strong ties to France. Buse has offices in six German cities and representative offices in New York, Mallorca, Sydney and Zürich. It has recently opened up in Paris […]

Scotland launches debate on future of legal services

The Law Society of Scotland has begun a consultation process that aims to overhaul the country’s legal services industry. With the Legal Services Bill gaining royal assent this week (thelawyer.com, 30 October), the society is seeking feedback on whether Scotland’s legal services market should be opened up to other providers. Law Society of Scotland president […]

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