Johnny Depp says he plans to appeal the UK libel ruling. He is also pursuing a $50 million defamation lawsuit in the US against his ex-wife Amber Heard, for an article she wrote for 'The Washington Post'. AP
Johnny Depp says he plans to appeal the UK libel ruling. He is also pursuing a $50 million defamation lawsuit in the US against his ex-wife Amber Heard, for an article she wrote for 'The Washington Post'. AP
Johnny Depp says he plans to appeal the UK libel ruling. He is also pursuing a $50 million defamation lawsuit in the US against his ex-wife Amber Heard, for an article she wrote for 'The Washington Post'. AP
Johnny Depp says he plans to appeal the UK libel ruling. He is also pursuing a $50 million defamation lawsuit in the US against his ex-wife Amber Heard, for an article she wrote for 'The Washington Po

What's next for Johnny Depp? How the Hollywood star might try to rebuild his career after libel loss


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Days after his defeat in the UK courts over a libel suit he brought against British tabloid The Sun, Johnny Depp declared he was stepping back from Fantastic Beasts 3.

"I wish to let you know that I have been asked to resign by Warner Bros from my role as Grindelwald in Fantastic Beasts and I have respected and agreed to that request," the actor posted on Instagram.

As far as celebrity admissions go, it's a unicorn – in that it is rare for a star to openly admit to having been asked to leave. The phrase "mutually and amicably agreed to part ways" has long been the go-to statement when it comes to public-relations image mitigation in Hollywood.

However, in an age of social media, when industry leaks are part and parcel of the communications landscape, if Depp had opted for the tried-and-tested "mutual agreement" formula, how long would it have been until the truth – that he was pushed, rather than jumped – came out?

In the conclusion of the case Depp, 57, brought against The Sun, which had branded him a "wife beater" in a 2018 article, judge Andrew Nicol wrote: "The defendants have shown that what they published in the meaning which I have held the words to bear was substantially true".

Substantially true, meaning that Depp has been declared a "wife beater".

And, in a Hollywood still reeling from the allegations against Harvey Weinstein and the impact of the #MeToo movement, major studios are no longer prepared to alienate millions of customers for the sake of one actor.

So, Warner Bros did what any studio would do, and parted ways with the man who was once among the most bankable stars in the world. After all, they have their brand to think of. And with 97 years in the business and a $14 billion turnover to protect, Depp was not a hill Warner Bros was prepared to die on.

Depp, for his part, called the judgment “surreal” and said he "plans to appeal".

“For anyone to come out and say ‘I was fired’ is really diminishing,” notes Johanna Richmond, psychological therapist at CBT Dubai.

“This has never happened to Depp before, and I am sure the response had to be worded this way because the studio released a statement saying they had parted ways with him. It would have been a real blow to his idealised self which is why I am sure he will want to continue with his legal suits.

I had not only lost $650 million, but I was $100 million in the hole because (my previous business managers) had not paid the government my taxes for 17 years

“Losing the court case was losing his own self-perception, his ideal self being the famous, much-loved movie star. His self-esteem is based on his work, his identity is so interrelated with his movie star persona, that he cannot accept he was ever violent or aggressive, losing the love of fans and media.”

A question of reputation

“When in the midst of a PR crisis, the first step would be to formulate a strategy, brief your team and ensure everyone is on the same page,” says Momina Chaudhry, communications manager at Spread Communications, a Dubai agency that specialises in reputation management. “The next steps would be to draft your holding statements, be clear on messaging and also finalise the channel of communication. After which, all affected parties must be identified and managed accordingly.

“Moving forward, ensure the impact the crisis has had is fully understood by the client, continue monitoring the situation and react as needed.”

In Depp's case, moving forward means shifting his focus to a $50 million defamation case he brought against his ex-wife, actress Amber Heard, over a piece she wrote for The Washington Post in December 2018. The trial is slated to take place in May 2021.

Amber Heard speaks outside the Royal Courts of Justice in London after her ex-husband, Johnny Depp, lost his libel case in which she had been a key witness. Getty Images
Amber Heard speaks outside the Royal Courts of Justice in London after her ex-husband, Johnny Depp, lost his libel case in which she had been a key witness. Getty Images

“Two years ago, I became a public figure representing domestic abuse, and I felt the full force of our culture’s wrath for women who speak out,” wrote Heard, who does not mention Depp anywhere in the piece. “I write this as a woman who had to change my phone number weekly because I was getting death threats.”

Notably silent about her leading man this time around is Fantastic Beasts and Harry Potter author, J K Rowling.

Back in 2016, Heard, 34, said in a sworn declaration: “During the entirety of our relationship, Johnny Depp has been verbally and physically abusive to me.”

Her declaration caused an outcry amid demands that Depp should not be permitted to reprise his role of Grindelwald in 2018's Fantastic Beasts: The Crimes of Grindelwald, leading Rowling to say in a statement: "Based on our understanding of the circumstances, the filmmakers and I are not only comfortable sticking with our original casting, but genuinely happy to have Johnny playing a major character in the movies."

However, fast-forward four years and Rowling has thus far stayed silent.

Business as usual, or pause for thought?

Johnny Depp has stepped down from his role as Gellert Grindelwald in 'Fantastic Beasts 3', but still received his rumoured $10 million pay cheque. Courtesy Warner Bros Pictures
Johnny Depp has stepped down from his role as Gellert Grindelwald in 'Fantastic Beasts 3', but still received his rumoured $10 million pay cheque. Courtesy Warner Bros Pictures

While Danish actor Mads Mikkelsen is said to be in talks to take over the role of Grindelwald, Depp is rumoured to have received his full salary for the film, some $10m.

And it is money he will need in order to maintain his famously lavish lifestyle, details of which emerged during the trial.

"It was put to me this way, because I had no idea about money," he told his barrister in court. "Since Pirates [of the Caribbean] 2 and 3 ... apparently I had made $650 million, and when I sacked [my business managers], for the right reasons, I had not only lost $650m, but I was $100m in the hole because they had not paid the government my taxes for 17 years."

While Depp blamed The Management Company for his financial woes, the company hit back, citing his purchase of an $18m 150-foot luxury yacht, his $300,000 monthly staffing bill and, of course, that private island in the Bahamas as evidence of his own financial mismanagement.

Those expenses, along with myriad others, combined to the tune of $2m a month that Depp has to find to keep himself in the lifestyle to which he has become accustomed. All of which means that stepping out of the spotlight for a while in order to recalibrate is probably not an option.

“After a PR crisis, in the case of an individual, the best practice would be to act in an empathetic, respectful and, most importantly, responsible manner, moving forward,” suggests Chaudhry.

“The best way to repair reputation is to accept and acknowledge the problem. The PR team must continue monitoring the situation, address each issue individually (whether a news article or media request) and provide the accurate reactive holding statement.

“Being transparent with your fans and followers, while putting in the hard work and staying 100 per cent committed to work projects, is the only way to gain back trust in public.”

His career aside, Depp will certainly have other reasons that preclude him from stepping back. Namely, fame.

“Fame affects how one would think about themselves rather than who they really are, their true identity can be lost in the wave of adulation and accolades,” says Richmond. “There seems a real discrepancy between Depp’s actual self and ideal self."

Johnny Depp's role of Captain Jack Sparrow won him a legion of fans, who have been protesting his resignation on social media. Courtesy Disney
Johnny Depp's role of Captain Jack Sparrow won him a legion of fans, who have been protesting his resignation on social media. Courtesy Disney

The actor is now 36 years deep into his career which began with 1984's A Nightmare on Elm Street. A teen heart-throb who evolved into a respected actor, for years he successfully walked the line between bohemian bad boy in the mould of his muse, The Rolling Stones'  Keith Richards, an elder statesman to Hollywood, whose inspired portrayal of Captain Jack Sparrow helped the Pirates franchise rake in more than $4.5 billion at the box office.

And, although his exit from Fantastic Beasts 3 leaves only one project remaining in development for him as an actor, according to his IMDb page, he has no fewer than 23 titles coming up in the role of producer.

A career-rehabilitating role behind the camera, therefore, might be his way back into Hollywood’s good graces.

After all, there’s nothing Tinseltown loves more than a second act redemption arc. As Depp’s idol, Marlon Brando, famously pointed out: “Most of the successful people in Hollywood are failures as human beings.”

UAE%20FIXTURES
%3Cp%3EWednesday%2019%20April%20%E2%80%93%20UAE%20v%20Kuwait%3Cbr%3EFriday%2021%20April%20%E2%80%93%20UAE%20v%20Hong%20Kong%3Cbr%3ESunday%2023%20April%20%E2%80%93%20UAE%20v%20Singapore%3Cbr%3EWednesday%2026%20April%20%E2%80%93%20UAE%20v%20Bahrain%3Cbr%3ESaturday%2029%20April%20%E2%80%93%20Semi-finals%3Cbr%3ESunday%2030%20April%20%E2%80%93%20Third%20position%20match%3Cbr%3EMonday%201%20May%20%E2%80%93%20Final%3C%2Fp%3E%0A

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Indoor cricket in a nutshell
Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ENamara%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJune%202022%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EMohammed%20Alnamara%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%20%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EMicrofinance%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E16%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFamily%20offices%0D%3Cbr%3E%3C%2Fp%3E%0A
Tomb%20Raider%20I%E2%80%93III%20Remastered
%3Cp%3EDeveloper%3A%20Aspyr%0D%3Cbr%3EPublisher%3A%20Aspyr%0D%3Cbr%3EConsole%3A%20Nintendo%20Switch%2C%20PlayStation%204%26amp%3B5%2C%20PC%20and%20Xbox%20series%20X%2FS%0D%3Cbr%3ERating%3A%203%2F5%3C%2Fp%3E%0A
MISSION: IMPOSSIBLE – FINAL RECKONING

Director: Christopher McQuarrie

Starring: Tom Cruise, Hayley Atwell, Simon Pegg

Rating: 4/5

What the law says

Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

RACE CARD

6.30pm: Maiden (TB) Dh82,500 (Dirt) 1,200m

7.05pm: Maiden (TB) Dh82,500 (D) 1,900m

7.40pm: Handicap (TB) Dh102,500 (D) 2,000m

8.15pm: Conditions (TB) Dh120,000 (D) 1,600m

8.50pm: Handicap (TB) Dh95,000 (D) 1,600m

9.25pm: Handicap (TB) Dh87,500 (D) 1,400m

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Details

Through Her Lens: The stories behind the photography of Eva Sereny

Forewords by Jacqueline Bisset and Charlotte Rampling, ACC Art Books

MATCH INFO

Leeds United 0

Brighton 1 (Maupay 17')

Man of the match: Ben White (Brighton)

THE BIO

Favourite book: ‘Purpose Driven Life’ by Rick Warren

Favourite travel destination: Switzerland

Hobbies: Travelling and following motivational speeches and speakers

Favourite place in UAE: Dubai Museum

Dengue%20fever%20symptoms
%3Cp%3EHigh%20fever%20(40%C2%B0C%2F104%C2%B0F)%3Cbr%3ESevere%20headache%3Cbr%3EPain%20behind%20the%20eyes%3Cbr%3EMuscle%20and%20joint%20pains%3Cbr%3ENausea%3Cbr%3EVomiting%3Cbr%3ESwollen%20glands%3Cbr%3ERash%26nbsp%3B%3C%2Fp%3E%0A
GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home. 

Dengue%20fever%20symptoms
%3Cul%3E%0A%3Cli%3EHigh%20fever%3C%2Fli%3E%0A%3Cli%3EIntense%20pain%20behind%20your%20eyes%3C%2Fli%3E%0A%3Cli%3ESevere%20headache%3C%2Fli%3E%0A%3Cli%3EMuscle%20and%20joint%20pains%3C%2Fli%3E%0A%3Cli%3ENausea%3C%2Fli%3E%0A%3Cli%3EVomiting%3C%2Fli%3E%0A%3Cli%3ESwollen%20glands%3C%2Fli%3E%0A%3Cli%3ERash%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3EIf%20symptoms%20occur%2C%20they%20usually%20last%20for%20two-seven%20days%3C%2Fp%3E%0A
Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

Ain Dubai in numbers

126: The length in metres of the legs supporting the structure

1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch

16 A380 Airbuses: The equivalent weight of the wheel rim.

9,000 tonnes: The amount of steel used to construct the project.

5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place

192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.

MATCH INFO

Rugby World Cup (all times UAE)

Final: England v South Africa, Saturday, 1pm

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

THE DETAILS

Director: Milan Jhaveri
Producer: Emmay Entertainment and T-Series
Cast: John Abraham, Manoj Bajpayee
Rating: 2/5

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000