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HMRC accepts no 1.5 stamp duty charge on overseas fundraising by UK companies
- Stikeman Elliott LLP
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- European Union, United Kingdom
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- June 28 2012
Her Majesty’s Revenue and Customs recently announced that it would not appeal the February 2012 UK First-tier Tribunal decision in HSBC Holdings Plc and The Bank of New York Mellon Corporation v. The Commissioners for Her Majesty’s Revenue & Customs in which it was held that the 1.5 stamp duty reserve tax charge on the issue of shares of a UK company to a depositary or clearance system outside the EU was in breach of EU law
No more 1.5 stamp duty charge on overseas fundraising by uk companies?
- Stikeman Elliott LLP
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- United Kingdom
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- April 26 2012
The recent First Tier Tribunal decision in HSBC Holdings Plc and The Bank of New York Mellon Corporation v The Commissioners for Her Majesty’s Revenue & Customs brings positive news for UK companies aiming to undertake a fundraise or listing outside the EU involving the use of overseas depositary or clearance systems
UK ruling - internet jurisdiction based on server location?
- Stikeman Elliott LLP
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- Canada, United Kingdom
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- November 30 2010
Recently, a court in the UK (Football Dataco Ltd et al. v. Sportradar GmbH) found that the location of a server determined the appropriate jurisdiction to regulate internet content
Appeal of UK case on effect of events of default on netting and payment obligations dismissed on consent
- Stikeman Elliott LLP
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- United Kingdom
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- November 5 2010
If you were waiting to hear what the English Court of Appeal had to say about the lower court decision in Marine Trade S.A. v. Pioneer Freight Futures Co. Ltd. you’ll be disappointed, as the appeal was dismissed by consent of the parties on October 22, 2010
U.K. "round the world" scheme grounded
- Stikeman Elliott LLP
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- Jersey, Mauritius, United Kingdom
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- August 10 2010
It was a bright and calm day when Mr. Smallwood, a U.K. resident, decided to suggest that a Jersey Trust of which he was the settlor, and in which he maintained an interest, should dispose of certain shares
It's complicated - capacity, contracts and conflict of laws
- Stikeman Elliott LLP
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- Canada, United Kingdom
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- June 11 2010
Many complicated conflicts of laws issues arise in a structured finance practice, which is, of course, one of the things that makes this practice area so much fun
UK High Court judgment expanding ambit of software patents to be appealed
- Stikeman Elliott LLP
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- Canada, United Kingdom
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- March 26 2008
The recent High Court decision of Mr. Justice Patten in Symbian Ltd. v. Comptroller General of Patents overturned an earlier decision by the U.K. Intellectual Property Office (UKIPO) refusing Symbian’s patent application with respect to an interface to facilitate access to updated dynamic link libraries
Re North America Steamships Ltd
- Stikeman Elliott LLP
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- Canada, United Kingdom
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- July 30 2007
Trustee in bankruptcy must affirm swap contracts to take advantage of them but is not personally liable if the contracts end up being out of the money - while contract gave buyer a termination right on bankruptcy, it could choose not to exercise this option and leave it to the trustee to decide whether or not to affirm the swap and take the risk that the estate will end up out of the money
Federal Court refuses to recognize UK patent agent privilege
- Stikeman Elliott LLP
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- Canada, United Kingdom
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- July 23 2007
On December 6, 2006, the Federal Court issued its decision in Lilly Icos LLC et al. v. Pfizer Ireland Pharmaceuticals (2006 FC 1465
