Tax issues on stake sales and investment into managers: structuring, pitfalls and steps to take now
About
Michael specialises in advising banks, fund managers and financial technology firms in relation to financial regulatory issues.
Michael's practice focuses on the supervision and regulation of banks, investment firms, payment institutions and asset managers, including in connection with new authorisations, changes of control, corporate governance, financial benchmarks, ESG regulation and regulatory investigations.
His practice has also included advising non-financial groups on the impact of new regulation, with a particular focus on market infrastructure and financial technology. He also has extensive experience advising clients on developments in European Union laws and Brexit issues and has a particular interest in ESG and cryptocurrency.
Michael is a frequent speaker at conferences, including at the Centre for the Study of Financial Innovation, the Financial Services Forum, the European Fraud and Compliance Lawyers Association and the European Leveraged Finance Association.
Experience
- Advising Cedar Capital Partners on the recapitalisation of European Lifestyle Hotel Portfolio with Ares Management.
- Advising A.P. Moller Holding on its role as lead investor in digital bank Zopa’s latest equity funding round.
- Advising long-standing client J. C. Flowers & Co. on the consortium arrangements with TowerBrook Capital Partners and Railsr shareholders relating to the all-cash offer by that consortium for Equals Group plc.
- Advising Joshua Alliance and his bid vehicle Falcon 24 Topco Limited on the proposed £408m take-private of N Brown Group plc.
- Advising Union Bancaire Privée, a Swiss bank specialising in wealth and asset management, on the English law aspects of its acquisition of Societe Generale’s UK private banking and wealth management arm.
- Advising Hayfin on its agreement with Arctos Partners, a private investment firm, to support a management buyout of the business, acquiring British Columbia Management Corporation’s majority stake.
- Advising a global investment bank on a review process for an incoming senior executive.
- Advising a global banking group on its LIBOR transition strategy and implementation.
- Advising a UK trade association on proposed revisions to UK and EU laws relating to ESG and securitisations.
- Advising a global asset manager on its acquisition of an FCA authorised collateral manager firm.
- Advising long-standing client Hayfin on its strategic partnerships with Mubadala Investment Company and AXA IM Prime.