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DLA Piper announces promotions in Luxembourg

DLA Piper is pleased to announce a new round of promotions in Luxembourg. Once again the range of practice areas in which we have promoted our lawyers demonstrates the continued commitment to grow our pool of talents, further strengthen our Luxembourg office and reflects the diversity of expertise and talents within DLA Piper Luxembourg.

The newly promoted lawyers, effective as of 1 May 2021, are:

  • Emre Akan (Senior Associate, Tax);
  • Bahya Bouharati (Senior Associate, Investment Funds);
  • Jordan Reinert (Senior Associate, Corporate);
  • Yann Zellet (Senior Associate, Finance and Projects).

DLA Piper’s Country Managing Partner in Luxembourg, Catherine Pogorzelski, commented: “I would like to congratulate Emre, Bahya, Jordan and Yann on their promotions and thank them for their hard work, dedication and for promoting a collaborative attitude which sits at the core of our purpose and values. These promotions demonstrate our commitment to develop the capability of our people and help them fulfil their potential. We have ambitious plans for the future. I look forward to further growing our team of dynamic and diverse lawyers with strong sector expertise and entrepreneurial mindset which are key to build sustainable partnerships with our clients and DLA Piper global network and create long-lasting value and impact.”

These promotions come in addition to the partner promotion of Caroline Pimpaud in Investment Funds practice.

Eversheds Sutherland Strengthens International Tax Practice

Eversheds Sutherland is pleased to announce that Jonathan A. Sambur has joined the Tax Practice Group as a partner, expanding the firm’s tax practice with a focus on advising global financial institutions. Prior to joining Eversheds Sutherland, Mr. Sambur served as a partner in Mayer Brown’s tax transaction practice.

Based in the firm’s Washington DC office, Mr. Sambur helps financial institutions, investment funds and multinational companies achieve success in their cross-border activities by providing comprehensive United States tax and regulatory advice. He regularly counsels clients with respect to United States information reporting and withholding tax obligations, United States federal tax issues affecting foreign businesses and individuals operating in the United States, as well as, United States federal tax issues affecting United States businesses operating outside the United States.

“I am excited to welcome Jon to Eversheds Sutherland’s Tax Practice Group,” said Mark D. Wasserman, Co-CEO of Eversheds Sutherland. “Jon has exceptional experience practicing international and federal tax law. His arrival will provide our clients with expanded service offerings, deepen our ability to support global financial services companies on international tax matters, and continue the expansion of our tier-one tax practice.”

Exceeding 150 tax practitioners in more than 20 countries, the firm’s international tax team is devoted to the increasingly complicated field of international tax. Mr. Sambur’s arrival to the United States-based team signals another step in the firm’s efforts to provide clients with the most comprehensive international tax guidance on a global scale.

“Jon is a perfect fit with Eversheds Sutherland and our global client base,” said Jeffrey A. Friedman, Partner and Head of Eversheds Sutherland’s Tax Practice Group. “With his focus on multinational financial service clients, Jon’s addition to the firm will help strengthen our tax practice and service offerings to global banks, insurance companies and corporations working through complex multi-jurisdictional tax transactions, audits and controversy.”

Prior to joining private practice, Mr. Sambur began his career serving as an attorney at the IRS Office of Associate Chief Counsel (International). During his time with the IRS, Mr. Sambur was the principal author of several Treasury regulations and other international tax guidance, and managed a diverse caseload involving international, corporate and partnership tax issues.

Mr. Sambur is the third lateral partner added to Eversheds Sutherland’s Tax Practice Group in the last six months, following the recent additions of SALT-focused Partners Breen Schiller and Nikki Dobay. This continued growth underscores the firm’s goal to provide clients with the most skilled and talented practitioners across the tax field.

Hogan Lovells announces changes to industry sector leadership roles

Global law firm Hogan Lovells announces today it has made a series of planned changes to some of its industry sector leadership positions.

Managing Partner for Clients & Industries, Ina Brock, commented: “It speaks to the quality and depth of our industry sector teams that we are able to make regular changes to the distribution of our leadership roles, and recognise our talented people. I’d like to express my sincere thanks for all of the hard work and significant contribution of those stepping down, and wish those newly appointed every success. I have no doubt we will continue to excel under their leadership and remain at the forefront of those industries.”

Effective 1 April 2021 the changes are as follows:

  • Nicola Evans will take the reins from Charles Rix as Insurance sector lead.
  • Daniel Norris will take over from Jackie Newstead as Real Estate sector lead, and will continue to lead the global Real Estate practice area.

Eversheds Sutherland tax practice expands SALT team

Eversheds Sutherland is pleased to announce the addition of Breen M. Schiller and Nikki E. Dobay to the firm’s Tax Practice Group as State and Local Tax (SALT) partners. Ms. Schiller will join the firm’s Chicago office and Ms. Dobay will join the firm’s Sacramento office in the next few weeks.

Ms. Schiller is joining the firm from Horwood Marcus & Berk in Chicago, where she had been the Chair of the SALT practice group. In addition to Ms. Schiller’s Illinois tax experience, she has consulted with clients on state and local tax issues across the country, including for several of Eversheds Sutherland’s existing clients. She regularly consults and represents some of the largest taxpayers in the US.

Ms. Dobay is joining from the Council On State Taxation (COST), where she had been senior tax counsel. Ms. Dobay joins former COST lawyers Jeff Friedman and Todd Lard, both of whom represented COST’s members on state tax matters before joining Eversheds Sutherland. She has extensive Oregon tax experience, including with the state’s newly imposed Commercial Activity Tax. Ms. Dobay also has represented clients on state tax policy matters across the US. Her legislative and regulatory experience will add to the firm’s considerable state tax policy practice.

“I am excited to welcome Breen and Nikki to the firm and our Tax Practice,” said Mark D. Wasserman, Co-CEO of Eversheds Sutherland. “Their outstanding reputations and experience will further elevate our SALT services and expand our capabilities in important geographic regions for our clients. We plan to continue to grow our tax practice and the firm overall through internal promotions and additional strategic lateral hiring.”

“We are fortunate to attract Breen and Nikki to our Tax Practice,” said Jeffrey A. Friedman, Partner and Chair of the firm’s Tax Practice Group. “Adding Breen and Nikki also reflects the firm’s focus on growing our Midwest and West Coast tax presence. Their skill sets and unique backgrounds are a natural fit for our group.”

Eversheds Sutherland’s Tax Practice is comprised of more than 100 attorneys representing many of the world’s largest corporations—including more than 35 of the Fortune 100—in every industry sector and in virtually every area of tax law, on the federal, international, state and local levels. By virtue of the size of its tax practice and its varied client base, Eversheds Sutherland is active in every area of taxation—from planning the most complex corporate tax transactions to representing taxpayers in administrative and judicial tax controversies.

Deloitte announces 2019 Technology Fast 500™ EMEA rankings

A company from the UK tops Deloitte’s Technology Fast 500™ rankings for Europe, the Middle East, and Africa (EMEA), which was released today. The list is compiled by Deloitte’s regional Technology, Media & Telecommunications (TMT) industry group.

Overall, this year’s Technology Fast 500 list for the region features winners from 22 countries, with an average growth rate of 1,258 percent in 2019, compared to 969 percent in 2018.

Revolut is the number-one ranked company on the 2019 EMEA Technology Fast 500 list.

“When Revolut was founded in 2015, we had a vision to build a sustainable, digital alternative to traditional big banks. Our mission now is to help our customers improve their financial health, empower them to have more control, and promote financial cohesion across the communities in which we operate” says Nik Storonsky, Founder & CEO of Revolut.

“We’re delighted to top the ranking. 12 million people now use Revolut to manage and improve their finances, and our growth reinforces the point that people are looking for alternative ways to manage their money.”

Nikolaas Tahon, EMEA Fast 500 Lead Partner commented “This year’s Fast 500 list is led by organisations demonstrating unprecedented growth, reflecting the continuing evolution in technology. We are aware that the current environment is a complex one for many organisations, particularly as leaders work out their future strategy. Deloitte congratulates Revolut as well as all other winners and we’re excited to see their continued achievements in the next year.”

Eversheds Sutherland publishes The State of Cannabis Law

Eversheds Sutherland is pleased to announce the publication of its comprehensive cannabis book, The State of Cannabis Law. Authored and researched by the firm’s Cannabis Industry team and published by Wolters Kluwer, The State of Cannabis Law is a first-of-its-kind book that provides an overview of all 50 states’ marijuana and hemp laws and includes information about key ancillary issues such as intellectual property, real estate and tax implications. The book is now available for purchase at the Wolters Kluwer online bookstore.

“Our Cannabis Industry team was formed to bring cross disciplinary insights to businesses operating in this rapidly growing industry, where state, federal and international regulations are still being developed,” said Mark D. Wasserman, Co-CEO of Eversheds Sutherland. “After working with many clients in the space, our team identified a need for comprehensive guidance on state-by-state laws which will hopefully be helpful to businesses working within and across state lines.”

As developments in the cannabis industry continue to move at rapid speed, current command of a state’s specific regulation, as well as its pending legislation and overall evolution with respect to cannabis, is vital for businesses to meaningfully work in the cannabis space, whether by serving clients, starting a business or as an ancillary service provider or other role. However, material available to make prudent decisions is often piecemeal and inconsistent in identifying various issues relevant in individual states. With this innovative book, the Eversheds Sutherland Cannabis Industry team has created a desk reference that provides industry participants with a streamlined and accessible starting point to understand the cannabis landscape in any given state.

“In the last decade, cannabis has emerged as a powerful tool for health, agricultural, and sociocultural and economic change,” said Anna C. Halsey, special counsel in the Eversheds Sutherland Intellectual Property practice group who co-authored and spearheaded the project. “Currently, more than two-thirds of the states and Washington DC have legalised marijuana for medical use while 11 states and Washington DC have legalised marijuana for adult or recreational use. Still more states have various nuances associated with their cannabis regulatory regimes. Due to these important variations, we have created this book and captured them in a single resource.”

Many significant legal and economic potentialities loom on the horizon that will continue to change the cannabis industry and legal landscape. As those changes happen, this book will evolve as well with upcoming editions.

About the Cannabis Industry Team

The Eversheds Sutherland Cannabis Industry Team is an assembly of experienced attorneys from across our practice groups and offices who serve the expanding and diverse needs of the cannabis industry. We combine deep industry knowledge, a network of relationships and subject matter experience to provide clients with the advice needed to successfully launch, grow, manage and work with cannabis companies. We scan for and study with depth the rising cannabis business questions and challenges—from communications and branding to transportation and banking—and proactively work with clients to develop strategic plans that leverage opportunities and address relevant issues. Our Cannabis Industry Team brings the legal and regulatory frameworks necessary to most any business decision made in the industry.