The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Jersey private client specialist firm Bailhache Labesse has completed a tie-up with accountancy firm Ernst & Young in Mauritius
The Jersey firm has also developed informal links with several other international offices of E&Y, including London, to tap into its tax expertise. The Mauritius joint venture will operate under the name Tropico Trustees Limited, which is yet to be incorporated. The Mauritian Financial Services Authority has approved the company, which will be controlled by two Bailhache directors: business development director Richard Prosser and its managing director Debbie Lang, and two from E&Y's Mauritius office. Tropico will principally advise Indians living outside their home country who are seeking to invest in India. It also aims to service clients seeking to invest in China who, partly for confidentiality purposes, wish to take advantage of Mauritius' offshore status. Tropico will mainly provide investment advice in relation to limited partnerships and venture capital. Prosser said any investment in China will be "speculative". The advantage of investing in both China and India is that they have both signed double taxation treaties with Mauritius so tax does not have to be paid in both jurisdictions. E&Y will provide tax advice, which forms three-quarters of its Mauritian work, and offshore corporate administration expertise. Bailhache's knowledge of general offshore private clients makes it attractive to E&Y.