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Tax treatment of Carried Interest in Germany – Case law confirmed by Federal Tax Court

The highest German tax court confirmed again its position on the tax treatment of carried interest in a recent decision (docket number VIII R 3/21, decision dated 16 April 2024) published...

Insights and Analysis

Fifth Circuit vacates SEC rules for private funds

In a rebuke to the U.S. Securities and Exchange Commission (the SEC), the U.S. Court of Appeals for the Fifth Circuit on Wednesday, June 5, 2024 vacated in full the set of new SEC rules for ...

News

Private equity – Navigating manager exits and management incentives in challenging times

This article discusses the key issues to be considered where a senior executive’s employment is to be terminated and the management incentive plan needs a reset, all in the context of ...

News

Strengthen and streamline - Australia sets out plans to revamp its foreign investment regime

The Australian government has set out an ambitious plan to attract overseas investors with a proven track record whilst at the same time toughening up safeguards for investment seen as...

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Department of Labor issues final regulation on investment advice fiduciaries

On April 23, 2024, the Department of Labor (the “DOL”) issued a final regulation (the “Final Rule”) that describes the circumstances under which a person will be...

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Staples on LP stake sales in secondaries

It is now no longer uncommon that as a condition to approving the transfer of a limited partner ("LP") interest in a private fund, the general partner ("GP") of such...

Insights and Analysis

Debt for equity swaps in private equity backed companies financed by private debt funds

Is it Groundhog Day for private equity backed companies struggling to cope with higher interest rates, or is it different this time? The attempts to curb inflation flowing from the...

News

Game on - Indonesia sets out ambitious development plans for the gaming industry

The Indonesian government has set out its plans for developing its still immature gaming industry, by enacting the Presidential Regulation No. 19 of 2024 on the Acceleration of National...

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SFDR targeted consultation – a wish list for Luxembourg funds

For Luxembourg funds complying with Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (the SFDR), the targeted consultation and public...

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