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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 […]

Recommended

David and Goliath pairings act in Nomura's takeover of Bass

Hull-based Gosschalks acted alongside Clifford Chance on Nomura’s audacious £625m acquisition of a cluster of Bass pubs. Nomura’s principal finance group has purchased 988 Bass pubs after a hard-fought battle with Legal & General Ventures, making it the UK’s largest landlord. The number of properties involved is dwarfed by Nomura’s portfolio, now standing at 5,581 […]

A year ago this week

Barclays plans to cut law panel Barclays Bank planned to cut the number of firms it used in a review which included its core panel of firms, known as the Matrix. The 11-firm Matrix was believed to include Allen & Overy, Clifford Chance, Eversheds, Freshfields and Slaughter and May. The review was completed in July […]

DEAL OF THE WEEK – petroplus

This is the first high-yield debt issue this year for the London offices of Weil Gotshal & Manges and Latham & Watkins after the market dipped at the end of 2000. The deal, which was completed in just over a week, is a rerun of Petroplus’ first high-yield debt offering in October last year, when […]

LEGAL WIDOW

With the election seemingly coming up, invites for the fundraisers have been coming in. Nothing, alas, for the infamous Lord Irving bash, but so non-committal has the Lawyer been about his true political leanings that we have cards on the mantelpiece for three separate party functions. I’m going to find the spring rather a strain, […]

REAL ESTATE

Just how serious environment minister Nick Raynsford was when he threatened the prospect of legislation if the property industry failed to offer tenants more flexible terms may not become clear until after the next election. Of course, the wider debate has been rumbling on for a few years now, but Raynsford set the alarm bells […]

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