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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

Bar memo admits 'ludicrous' fees

THE BAR Council has secretly admitted that some barristers are claiming “ludicrously high” legal aid fees after the government handed it a hit-list of 20 barristers whose fees have been heavily reduced on taxation. A confidential memo, obtained by The Lawyer, reports “anecdotal accounts of barristers claiming fees where they do not appear entitled to […]

Treasury's financial services bill fails to clear up uncertainty

The Treasury is squandering the opportunity to arm London with an effective financial services regulator by a “piecemeal” approach to consultation, leading financial services lawyers have warned. Lawyers were hoping the draft bill, published by the Treasury a fortnight ago, would end uncertainty over who and what activities would come under the Financial Services Authority’s […]

Flotation

Gillian Hall of Newcastle firm Watson Burton advised display marketing company Premier Direct Group on its £6.5m flotation on the Alternative Investment Market. Watson Farley & Williams advised nominated adviser Charles Stanley.

A court that knows no boundaries?

The international criminal court treaty is a big achievement but can it deliver what it promises? Jonathan Stanley is a London-based writer on law. British lawyers have played a skilled part in preparing and negotiating the hard-won treaty to establish a permanent international criminal court (ICC). The treaty, which is the culmination of years of […]

Financings

John Russell of Simmons & Simmons is advising BAT Industries on its $3bn euro medium term note programme. Boyan Wells of Allen & Overy advised investment bank Dresdner Kleinwort Benson.

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