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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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Pannone’s profit flat after year of investment

Pannone has exceeded its turnover target for 2006, bringing in £39m for the last financial year after heavy recruitment. The result is an increase of 16 per cent from last year’s figure of £33.5m. Managing partner Joy Kingsley said that while the North West firm had not yet finalised profits, Pannone’s average profit per equity […]

Enron executives found guilty

Former Enron chief executives Ken Lay and Jeffrey Skilling have been found guilty of fraud. Lay, 64, and Skilling, 52, were charged with hiding the weak financial condition of the energy company that collapsed into bankruptcy amid a wave of accounting scandals in December 2001. Lay was convicted on all six counts, while Skilling was […]

Royal Bank of Scotland

Royal Bank of Scotland’s in-house overhaul has far-reaching implications for the bank’s advisers, both in and out of house. Matt Byrne talks to RBS’s legal chiefs about introducing a culture of relationship management What is the role of an in-house team? It is a question the Royal Bank of Scotland’s (RBS) senior legal team has […]

Bunfight at the A&O corral

Allen & Overy has been attacked by US firms as it tries to reform its partnership. But as its flagship banking group loses market share, is all this tinkering too little, too late? Allen & Overy ‘s (A&O) partnership retreat last October in the Marriott Hotel on the Edgware Road was a chummy affair by […]

Conyers opens eighth office with Dubai launch

Conyers Dill & Pearman has confirmed that it will open its Dubai office in July following its successful application for a licence from the Dubai Financial Services Authority (DFSA). As first reported by The Lawyer (24 April) the firm registered at office at the Dubai International Finance Centre (DIFC). The firm’s Middle East operation will […]

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