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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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Irwin Mitchell seeking new partnership in Spain

Irwin Mitchell is closing in on a deal with an unnamed Spanish firm which will determine the future of its Spanish subsidiary, Irwin Mitchell Abogados. A statement from the firm said: “We can confirm that we are in discussions with a Spanish law firm with regard to establishing a strategic alliance to develop the international […]

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DLA sweats it out in Asia Pacific

Ruthlessness rules at DLA in Singapore, rubbing up against more subtle local ways DLA Piper is yet to make its fortune in Singapore after losing out on the city-state’s Qualifying Foreign Legal Practice (QFLP) licence for the second time in February. It has seen the exit of three partners in recent months, most recently global […]

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RBS to rack up £42m legal bill over shareholder action, High Court told

Royal Bank of Scotland (RBS) is expected to run up a legal bill of £42m defending shareholder action over its £12bn rights issue, with Quinn Emanuel expected to join the action for Prudential, Standard Life and Legal & General. In a case management conference at the Rolls Building yesterday (17 September 2013), Mr Justice Hildyard was told […]

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Hogan Lovells to review stress management in wake of partner’s suicide

Hogan Lovells has pledged to examine its policies and procedures around workplace stress and mental health in the wake of the death of IP partner David Latham earlier this year. The inquest into Latham’s death opened yesterday (12 September) at Westminster Coroner’s Court. The Hogan Lovells partner threw himself under a tube train on 15 […]

Beijing

Kirkland launches in Beijing after gaining licence approval

Kirkland & Ellis has formally launched its Beijing office, just under six months after first seeking a licence to launch in the Chinese capital. The firm opened its doors in Beijing yesterday (16 September) and has chosen Shanghai chief representative partner Li Chuan and Hong Kong-based corporate partner David Zhang to spearhead the new operation. […]

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