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Latest Briefings

Coming to America: Jersey approves US-style LLCs

Jersey’s decision to allow the creation of limited liability companies (LLCs) will allow the island to attract more US-based clients and offer more flexibility than the current partnership status based on English law. Here, partner James Willmott and associate David Patterson examine the options. In a move aimed at catering to Jersey’s growing pan-Atlantic business, […]

Jersey – Practical Guide to Property Law

Jersey is the largest of the Channel Islands and is a self-governing British Crown Dependency with its own financial and legal systems and its own courts of law. Jersey property law is derived from a mixture of local statute and customary (common) law. Jersey’s customary law has evolved from Norman-French law and is primarily contained […]

Changes to Guernsey’s corporate tax residence rules

Guernsey’s rules on corporate tax residence changed at the beginning of 2019 following amendments to its existing tax law brought into effect by a combination of the Income Tax (Guernsey) (Amendment) (No 2) Ordinance 2018, the Income Tax (Substance Requirements) (Implementation) Regulations, 2018 and the Income Tax (Substance Requirements) (Implementation) (Amendment) Regulations, 2018, all passed […]

Bombay High Court refuses anti arbitration injuncton against arbitration proceedings on the question of appointment of the tribunal

On 17 December 2018, the Hon’ble Bombay High Court (Court), in Ravi Arya & Ors v. Palm View Overseas Limited & Ors, passed an important order in relation to an antiarbitration injunction sought by the Plaintiffs in the matter, against an arbitral proceeding seated in Mumbai. The Court held that a challenge to the constitution […]

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Money laundering puts City firms on defensive

Five major firms call on Deloittes’anti-fraud; Linklaters steps up global compliance operation Five top 30 law firms have called in Deloitte & Touche’s anti-fraud team because of mounting concerns that money launderers are targeting their lawyers. Deloittes’ head of fraud management Mark Tantam says his team was called in because the firms “had a problem […]

A Vews from Budapest

The rise and apparent fall of the Budapest Stock Exchange has taken place at high speed. At the same time as the exchange was celebrating its 10th anniversary earlier this year, most thoughts were focused on the depressed state of the market, not all of which can be attributed to wider factors affecting other equity […]

News in brief

Brick Court Chambers has announced that Lord Cooke of Thorndon is to restart a door tenancy at the set. Lord Cooke will specialise in arbitration and mediation work from 4 June after his retirement as a Law Lord. He follows Sir Oliver Popplewell and Sir Robert Gatehouse, both retired members of the judiciary who now […]

Bevan Ashford hits target

Bevan Ashford has reported a provisional turnover figure of £31.5m for the last financial year, an increase of 18 per cent. Chief executive Nick Jarrett-Kerr says that the profit margin will be more than 30 per cent. He says: “It’s not just the numbers, it’s the quality of work that we are increasing. We’re very […]

A hard act to follow

Wilson v First County Trust Last week was notable for two landmark decisions under the Human Rights Act 1998 (HRA). In the first, Wilson v First County Trust Ltd [2001] EWCA Civ 633, the Court of Appeal made a declaration that Section 127(3) of the Consumer Credit Act 1974 (CCA), which makes a loan agreement […]

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