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Macfarlanes legal briefing

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Macfarlanes legal briefing

"From our base in London, we offer discerning clients an alternative to the world's legal giants. "We are recognised for the quality of our work, not just in dealing with the full range of corporate and commercial matters, but in advising our clients on their private affairs. They trust our judgment and we are in a unique position to advise on their most complex matters, whilst at the same time remaining smaller than our competitors. That means that we can maintain the very highest levels of service and partner involvement that our clients expect. "The nature of business today is such that we are usually advising on matters that reach across multiple jurisdictions. By working with other leading independent firms and lawyers around the world in each relevant jurisdiction, we provide a seamless service, wherever and whenever our clients need it."

All content by Macfarlanes

The long awaited government consultation on limited partnership reform is here

On 23 July, HM Treasury published a long awaited consultation paper seeking views on proposed amendments to the Limited Partnerships Act 1907, the principal legislation governing UK limited partnerships. In this briefing, Macfarlanes sets out a summary of the proposed amendments.

Law Firm: Macfarlanes | Published: 30 July 2015 | Practice Area: Partnerships and LLPs

Rating: 1 person found this useful

Groundbreaking High Court decision brings relief to LLPs

The High Court has, for the first time, decided that the doctrine of repudiatory breach does not apply to LLP agreements. The decision in Flanagan v Liontrust Investment Partners LLP will be welcomed by LLPs across the City and beyond, as Macfarlanes reports.

Law Firm: Macfarlanes | Published: 24 July 2015 | Practice Area: Partnerships and LLPs

Rating: 4 people found this useful

Supreme Court to decide the future of penalty clauses: two key cases which could change the law

This week, in conjoined appeals, the Supreme Court will hear two very different cases on penalties. This could result in the law being substantially reformulated or even abolished. This Macfarlanes briefing looks at the key issues set to be tackled.

Law Firm: Macfarlanes | Published: 23 July 2015 | Practice Area: Remedies and Enforcement

Rating: 14 people found this useful

Directors - what are your cyber-security responsibilities?

The risks around cyber-security have been well-publicised - but for those who have no background in technology, where should you begin so as to act effectively for your company? And how can directors ensure that they have discharged their duties? This Macfarlanes briefing looks at the issues.

Law Firm: Macfarlanes | Published: 15 July 2015 | Practice Area: Security

Rating: 1 person found this useful

Summer Budget: analysing the impact on private clients

This Macfarlanes briefing sets out a detailed analysis of the impact the Budget changes are likely to have on private clients, and what their advisers should be thinking about now. Subjects covered include non-dom changes, inheritance tax on homes, corporation tax and pensions.

Law Firm: Macfarlanes | Published: 13 July 2015 | Practice Area: Private Client

What’s the damage? Court of Appeal guidance on quantifying loss and collateral benefits

A recent Court of Appeal decision has provided a useful reminder that when planning a restructuring or refinancing, the impact on existing claims (particularly claims against advisers for negligence) should be considered in advance.

Law Firm: Macfarlanes | Published: 10 July 2015 | Practice Area: Negligence

Budget update: changes to the taxation of carried interest

In his Summer Budget, Chancellor George Osborne has announced changes affecting individuals working in the asset management industry and, in particular, the tax treatment of carried interest. This Macfarlanes briefing explains the changes in detail.

Law Firm: Macfarlanes | Published: 09 July 2015 | Practice Area: Enforcement and Regulation

Rating: 1 person found this useful

Supreme Court ruling in the Anson tax case: the implications for LLC members

On 1 July, the UK Supreme Court released its judgment in the Anson case, which concerns the treatment of a Delaware LLC for UK income tax purposes. The case has wider implications for the UK tax treatment of both corporate and individual members of some LLCs, as Macfarlanes explains.

Law Firm: Macfarlanes | Published: 06 July 2015 | Practice Area: Partnerships and LLPs

Rating: 1 person found this useful

The Small Business, Enterprise and Employment Act 2015: new details emerge

This weekly briefing from Macfarlanes is a short update on key developments of relevance to M&A lawyers, acting as a signpost towards matters of interest. This briefing focuses on a government consultation paper which reveals new details about the Small Business, Enterprise and Employment Act 2015.

Law Firm: Macfarlanes | Published: 03 July 2015 | Practice Area: Mergers & Acquisitions

The interpretation of commercial contracts and an interesting case on the test for unfair prejudice

In this M&A round-up, Macfarlanes reports on a recent ruling which serves as an interesting example of the application of the test for unfair prejudice, and a Supreme Court decision which offers a reminder of the approach an English court will take when interpreting or construing a written contract.

Law Firm: Macfarlanes | Published: 29 June 2015 | Practice Area: Mergers & Acquisitions

Rating: 1 person found this useful

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