Turning tides

Feature

‘There is a real mismatch in how gloomy the economy feels and how busy the legal professional feels,’ observes Deborah Finkler, Slaughter and May’s managing partner. ‘We’re incredibly busy and it wouldn’t surprise me that in the similar conversations you’re having with other managing partners, they will say the same. Th ere is just a …

Developments in dispute resolution in Aotearoa New Zealand during the Covid-19 pandemic and beyond | Russel McVeagh

Legal Briefing

The arrival of Covid-19 into Aotearoa New Zealand in March 2020 brought significant disruption to the daily lives of New Zealanders and to the legal profession. As in many other countries around the globe, ‘lockdowns’ and social distancing measures necessitated radical changes to all manner of human interactions during the global health crisis, including to …

Litigation and dispute resolution in Israel | Amar Reiter Jeanne Shochatovitch & Co

Legal Briefing

Israeli courts continue to operate under heavy workload, resulting in significant increase in local and international arbitration proceedings During most of the Covid-19 pandemic period, Israeli courts and legal practitioners continued to work at full force. In fact, some empirical data show that ever since the eruption of the global pandemic, more litigation proceedings were …

Ad hoc arbitration in China | Commerce & Finance Law Offices

Legal Briefing

As one of the largest economies, China has been dedicated to a pro-arbitration jurisdiction, promoted by a favorable policy environment. As the original form of arbitration, ad hoc arbitration widely exists in international practice. However, the current arbitration law of the People’s Republic of China (‘arbitration law’) only provides for institutional arbitration whereas ad hoc …

Tax-deductibility of acquisition and selling costs | DLA Piper

Legal Briefing

Where a company is acquired or sold in a share deal by a Dutch company, the participation exemption generally applies on both sides of the transaction. If the participation exemption applies, on the seller’s side, capital gains should be exempt from Dutch corporate income tax.

The UK financial restructuring market | Shearman & Sterling

Legal Briefing

The last two years have seen significant developments and unexpected turns in the financial restructuring market. The impact of the Covid pandemic precipitated an immediate and significant uptick in the level of corporates facing underperformance and distress, only to be followed in 2021 by an incredibly ‘hot’ financing market and significant drop-off in corporate default …