Expert Resources

Take advantage of our free expert resources, written by the experts at LCN Legal, based on their practical experience of working with multinational groups and their advisers across the globe. If you are interested in these areas, you may wish to bookmark this page to check back regularly for new information.

Paul Sutton

TP Advisers: How long is long enough?

Paul Sutton Intercompany Agreements
This is a sensitive subject for many TP advisers. How long is long enough? Of course, I’m talking about the duration of intercompany agreements. Only this week, a Big Four TP adviser suggested that a 6 month notice period was ‘impracticably long’. Maybe that individual hadn’t read the OECD Guidance on the TP aspects of Covid, which references …
Paul Sutton

LCN Legal appoints new partner to support growth

Paul Sutton LCN Updates
LCN Legal, the niche law firm specialising in the legal implementation and maintenance of corporate structures and intercompany agreements for multinational groups, has appointed a new partner from within its ranks. Ivan Hanna, who joined the firm in 2016 following a legal career including Baker & McKenzie, with posts in London, Moscow and Amsterdam, …
Paul Sutton

New vacancies at LCN Legal: Senior paralegals / junior lawyers

Paul Sutton LCN Updates
LCN Legal is seeking two highly experienced paralegals or junior solicitors / lawyers to join our dynamic and ambitious team. Following a period of training and oversight, the successful applicants will be responsible for, among other things: Providing commercial contract support – drafting / reviewing and proof-reading transaction steps lists, commercial …
Paul Sutton

Coca-Cola: Contractual terms vs economic substance

Paul Sutton Intercompany Agreements
In transfer pricing analysis, which prevails: the contractual terms of a related party transaction, or the economic substance? The general view expressed by many TP professionals is that economic analysis is king. The Court’s decision in the recent Coca-Cola case shows that this view is at best simplistic – and for practical purposes as a guide …