Financial events

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Latest Briefings

Subscription Finance Cayman Islands – Luxembourg Analysis

The Cayman Islands and Luxembourg are two of the world’s leading investment funds jurisdictions. As fund structures develop it is increasingly common to see structures that include Cayman Islands and Luxembourg vehicles. This briefing focuses on the similarities and differences between the two jurisdictions in the context of subscription credit and capital call facilities. This […]

Jersey substance proposals – the fund managers’ perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The legislation […]

Jersey substance proposals – the Banking and Finance perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The Law […]

The Equality and Human Rights Commission publishes damning review into the Grenfell Tower Fire

The Equality and Human Rights Commission has now published both its research into Grenfell residents’ access to services and support and its legal submissions to the Inquiry on the human rights implications of the fire. The Commission has also invited the Chairman to make a number of recommendations, including urgent recommendations to prevent a repetition […]

Bulgaria introduces a range of derogations from the EU GDPR

March 2019 – Bulgaria has introduced a set of specific requirements relating to the processing of personal data in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such as employment, the role of data protection […]

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Briefs

Linda Tsang reports Dundas & Wilson, leading legal practice in Scotland, has chosen Netware 4.1 as the base for its IT infrastructure. Part of a major IT investment to provide the business with a scalable information systems platform, Netware 4.1 will provide centrally managed business services to 300 employees at Dundas offices in Edinburgh, Glasgow […]

Firms jostle for Chunnel claim work

Legal activity around cash-strapped Eurotunnel is reaching a new level of intensity with Nicholson Graham & Jones taking a surprise lead in a £1 billion action against contractors. At the same time, big City firms are re-negotiating the company’s massive £8 billion bank debt. Speculation is rife about whether other law firms previously involved in […]

Outside bidder wins Winter-Taylors

Troubled Home Counties firm Winter-Taylors was snapped up last week in a surprise eleventh-hour merger move by neighbouring practice Blaser Mills. Blaser Mills stepped in with a rescue deal which was accepted by partners of the debt-ridden firm ahead of that from Kidd Rapinet. The moved shocked Winter-Taylors creditors and partners of Kidd Rapinet who […]

Belvir moves up a rung at Southwark

Cyril Dixon A FORMER trainee solicitor with Southwark Council has been appointed to the top legal job with the authority. Julie Belvir becomes borough solicitor and secretary following the departure of Dr Clive Grace to a chief executive’s post in south Wales. Belvir qualified in 1988 and began her career as an articled clerk with […]

English law schools skimp on ethics training, says academic

THE BAR, Law Society and law teachers are falling down on ethical training, claims a legal academic. And he says the English bodies are putting out misleading information on the extent to which the subject is taught. Delivering a paper to last week’s International Bar Association conference, the University of Warwick’s Roger Burridge said English […]

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