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LLPs and tax transparency Limited liability partnerships are bodies corporate with a legal personality separate from that of their members. But an LLP which carries on a trade or business with a view to profit is treated as a partnership for income and corporation tax purposes. Employment Bulletin - June 2020 Topics covered in this bulletin: European Court of Justice finds that an employment contract could be transferred to more than one transferee  Beneficial transfer-related changes to employees’ contracts prohibited by TUPE Period of garden ... The General Court raises the bar for the European Commission to block mergers in oligopolistic markets This briefing discusses the potentially wide ramifications for future merger cases arising from the General Court’s judgment in CK Telecoms UK Investments Ltd v Commission. The General Court’s judgment in CK Telecoms UK Investments Ltd v Comm... EFIG: European Banking Newsletter - June 2020 Developments covered in this month’s edition include: TARGET2 and TARGET2-Securities - ECB publishes update on consolidation project Single Supervisory Mechanism - ECB amending Regulation on the reporting of supervisory financial inf... A Hard Day’s Night - lessons from lockdown Over the lockdown period, the ratio of government debt to national income in the UK has reached levels last seen when the Beatles first hit the charts. The period has been a helter skelter for many finance and treasury teams who have had to take swift act... Lockdown pirates: at what cost? COVID lockdown has had us all settling in to a new way of living and leaving us with enough hours to binge watch the hottest new dramas. With cinemas closed, the film industry has adapted to offer new releases straight to digital rental. This week the UK ... Competition & Regulatory Newsletter European Commission publishes final report on the evaluation of the Vertical Agreements Block Exemption Regulation and accompanying Guidelines The European Commission has published its final report on the evaluation of the Vertical Block Exemption Regula... Modernising competition law: European agencies look to address sustainability gap Promoting sustainability, including environmental objectives such as fighting climate change, has not traditionally been a core function of competition law enforcement. There is a growing view that competition law has even had a chilling effect on potenti... Competition Law in the Digital Age This edition covers the Italian focus on COVID-19 and e-commerce, the UK Digital Markets Unit, and the French decision in relation to online newspapers. Our Competition Law in the Digital Age newsletter is a quarterly publication intended to provide insi... Flexible furlough - where next for the Coronavirus Job Retention Scheme? This publication considers the amendments to the Coronavirus Job Retention Scheme announced by the Chancellor on 29 May 2020. These include additional flexibility for employees to work part time during furlough, and increasing employer contributions to th...