Spies? Check. Race cars? Check. Millions of dollars? Check. HM Revenue & Customs’ (HMRC) appeal against McLaren yesterday had more in common with a James Bond novel than an Upper Tier tax tribunal. This was an appeal with va va voom and almost certainly the first time a tax collector has beaten McLaren to the […]
Asia Oil Terminal Services (AOTS), advised by DLA Piper, has signed construction contracts with supporting guarantees for the development of its project to construct south-east Asia’s largest independent oil terminal facility. The facility will be constructed on the East Coast of Peninsula Malaysia by China Railway Construction Bridge Engineering Group (CRCBEG). AOTS is a Malaysian […]
A ruling allowing McLaren to claim tax back on a £32m fine for spying on rival Ferrari has been overturned by the UK’s Upper Tax Tribunal. Yesterday (17 June) the tribunal overturned the controversial HM Revenue & Customs (HMRC) ‘spygate’ ruling in 2012, marking a loss for KPMG senior tax manager Angela Leal, instructing Temple […]
Gateley has announced that Paul Simpson has joined its Nottingham office as corporate senior associate. William Cursham has also been promoted to construction associate. Simpson advises on corporate matters including private equity, management buy-ins (MBIs), management buy-outs (MBOs), acquisitions, disposals and shareholder and joint venture arrangements. He brings to the team a wealth of experience, […]
Gateley corporate recovery partner Tim Cooper has commented on a government-published review by Teresa Graham CBE making recommendations for change on how struggling companies should be pre-packaged and sold when entering administration. This review was commissioned by Vince Cable. Cooper, who is also chairman of R3, the Association of Business Recovery Professionals, in Scotland, said that if […]
Some might have noticed that Allen & Overy (A&O) has, quietly and without a fuss, decided to launch in Canada. Others may remember that back in 2011 the firm actively rejected the idea so that it could instead focus on Australia. So, why the change in tune? The story goes like so. When A&O […]
DLA Piper has announced that Dean Fealk, a partner in the law firm’s San Francisco office, has been named as a trade adviser in a joint appointment by US trade representative Michael Froman and US secretary of commerce Penny Pritzker. Fealk will serve on the Industry Trade Advisory Committee (ITAC), which focuses on information and […]
Finance professionals are in the spotlight as The Lawyer Management asks: What’s a decent profit? Earlier this week we highlighted the imminent publication of The Lawyer Management Guide: Delivering Legal Services Differently with a short excerpt on knowledge management. Today it’s the turn of finance professionals to come under the spotlight. In today’s blog, three […]
Eversheds has announced it will be hosting the 6th Annual UK Ports Conference, which will discuss the challenges facing port owners and operators and will provide essential updates on the policy and initiatives proposed by the European Commission and the UK government. Hosted at the Eversheds London office on 25 June 2014, delegates will hear from […]
The ACC’s chief legal strategist issues a rallying call for the rights of in-house lawyers In-house lawyers have transformed the legal profession over the past 30 years. Not only have they strengthened the corporate legal function itself, but they have also implemented compliance systems designed to root out misconduct before it mushrooms. Indeed, by being […]
Dentons has named Warsaw partner Pawel Debowski as the sole chair of its European real estate group in the wake of co-chair Eric Rosedale’s departure to Greenberg Traurig. Debowski was appointed as co-chair of European real estate earlier this year (6 February 2014) alongside Rosedale. Greenberg Traurig announced Rosedale’s hire as chair of its international […]
Taylor Wessing has promoted 12 lawyers to its partnership with the majority based in Germany in a reduced promotions round. As in 2012 (9 May 2012) and 2013 (26 April 2013), the majority of the firm’s promotions are heavily Germany-focused. For this round the firm has made seven partner appointments in Germany including two in […]