Monday, May 30, 2011
Rumours are circulating that one of Linklaters' top partners has been accused of tax evasion -- after failing to declare presents he bought in the US.
Ralph Wollburg, currently of Linklaters but formerly of Freshfields, apparently arrived at Dusseldorf airport in February on a flight from New York. In his bag were an expensive blouse and some sort of leather trousering. ... [H]e claimed they were presents for his wife and had receipts to the value of Euro 3,500. That's some pair of trousers.
A customs officer told Wollburg that he was obliged to pay tax on the goods, to which the partner allegedly replied that he'd already paid the tax in the States, apparently adding "Do you know who I am? I am one of the leading business lawyers in Germany".
The unimpressed officer charged him with tax evasion. And issued a press release about the incident, saying the culprit was a "54-year-old man from Dusseldorf". Insiders tell RollOnFriday that it's Wollburg, and the firm wouldn't deny it. So that seems like a "yes",
(Hat Tip: Francine Lipman.)