Tax issues on stake sales and investment into managers: structuring, pitfalls and steps to take now
About
Matt’s practice focuses on complex commercial disputes, regulatory enforcement and investigations.
Matt is the former head of the Litigation, Arbitration and Investigations group and is a member of the firm’s Management Committee.
He has 25 years' experience advising global corporations and financial institutions in relation to some of their most significant and sensitive international disputes, investigations and enforcement matters, working frequently with leading independent firms around the world to provide a comprehensive international strategy.
Matt has particular familiarity with litigation, arbitration and regulatory enforcement matters in the US, having been seconded to a leading New York law firm and worked extensively on transatlantic cases.
He is ranked as a leading practitioner by Legal 500 and Chambers in Commercial Litigation: Premium and Contentious Financial Services categories and by Legal 500 in Banking Litigation.
Matt is also actively involved in managing the firm’s international relationships, is a member of the International Bar Association’s Litigation Committee and a Solicitor-Advocate.
Experience
- Representing PGA European Tour in securing the dismissal of high-profile disciplinary appeals by 12 LIV golfers on the grounds of restraint of trade, breach of competition law, and procedural unfairness.
- Acting for the most active equity investor in the UK and Ireland in defending serious claims of fraudulent misrepresentation and conspiracy in a three-week trial in the Commercial Court and securing a complete victory.
- Representing a global financial institution in defending multi-billion dollar claims in the High Court arising out of alleged FX manipulation.
- Acting for a sovereign state bringing multi-billion dollar unlawful conspiracy claims which include a conspiracy to manipulate the exchange rate of its currency.
- Representing a global travel technology company in an expedited claim against a NYSE listed corporation to enforce an SPA relating to a $1.7bn sale. The decision is one of a small number of English authorities to consider Material Adverse Effect provisions in the context of SPAs, and the Covid-19 pandemic.
- Acting for a global software company seeking to enforce a portion of a $79m US judgment in a long running transatlantic dispute which includes judgments given by the English Court of Appeal, European Court of Justice and US Court of Appeals and an appeal pending before the UK Supreme Court.
- Representing an asset manager in the English High Court in a ground-breaking and widely reported case which determined for the first time that the doctrine of repudiatory breach does not apply to multiparty Limited Liability Partnership agreements, and acting on the appeal to the Court of Appeal.
- Representing a global sports brand in an international arbitration relating to the disputed exercise of a call option over shares in a joint venture company.
- Together with leading independent firms from around the world, overseeing a global financial institution’s most serious and business critical regulatory and criminal investigations and follow-on litigation.