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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

Wild frontiers: Sarah Clinch, Aureos Advisors

As legal counsel at private equity house Aureos Advisors, Sarah Clinch often has to work in countries with little, if any, legislation for financial deals. Looking for a lawyer in Brunei? Step forward Sarah Clinch, legal ;counsel at private equity house Aureos Advisors. “Joining Aureos has certainly improved my geography,” says Clinch, whose company operates […]

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Reid Minty sues former partners

Litigation firm Reid Minty, now RMPI, is suing three former employees for breach of fiduciary obligations, alleging that the trio took three substantial clients with them when leaving the firm. Former partner Simon Edwards and uninsured loss recovery and personal injury co-heads Mark O’Shaughnessy and Derek Thompson have been named as defendants along with ProLegal, […]

Wall St woes: Watching Wachovia

It was literally a last-minute intervention. At 11.59am yesterday (8 October), the Federal Reserve extended its standstill on Citigroup’s lawsuit over Wells Fargo’s bid for US bank Wachovia. Wachovia’s lawyers at Boies Schiller & Flexner, Citigroup’s litigators at Gregory Joseph Law Offices and Wells Fargo’s lawyers at Wachtell Lipton Rosen & Katz were all ready […]

Reed Smith bags Nabarro trio for City funds launch

Reed Smith has launched a London investment funds practice with the hire of ­former Nabarro partner and barrister Dale Gabbert. Gabbert, who joins as a partner, will bring with him associates Winston Penhall and Matthew Pitman. He will advise funds including private equity, property and hedge funds on investment management, corporate and regulatory issues. Reed […]

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SRA hits out at Law Soc review

The Solicitors Regulation Authority has attacked the Law Society for over-stepping its remit in launching a potentially dramatic review into the regulation of the legal profession. The Solicitors Regulation Authority (SRA) has attacked the Law Society for over-stepping its remit in launching a potentially dramatic review into the regulation of the legal profession. The Law […]

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