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Latest Briefings

Guernsey introduces revised Handbook on countering financial crime and terrorist financing

On 12 November 2018 the Guernsey Financial Services Commission (GFSC) issued a revised Handbook on Countering Financial Crime and Terrorist Financing (the Handbook). Put simply, the Handbook is a statement of the standards expected by the GFSC of all ‘Specified Businesses’ in the Bailiwick. The Handbook now applies to both financial services businesses and prescribed […]

Comparison of Laws in Bermuda, the Cayman Islands and the British Virgin Islands Relating to Limited Partnerships

This publication has been prepared for the assistance of those who are considering the formation of an exempted (or international) limited partnership in an offshore jurisdiction such as Bermuda, the Cayman Islands (“Cayman”) or the British Virgin Islands (“B.V.I.”) for the conduct of business outside such jurisdiction. This publication touches on, but does not deal […]

Cayman Islands Exempted Companies

This publication has been prepared for the assistance of those who are considering the formation of companies in the Cayman Islands (“Cayman”). It deals in broad terms with the requirements of Cayman law for the establishment and operation of such entities. It is not intended to be exhaustive but merely to provide brief details and […]

Guide to Establishing Hedge Funds in the Cayman Islands

The Cayman Islands is a world leader in the establishment of offshore hedge funds. Its tax-neutral platform, stable economy, sophisticated banking sector, confidentiality and professional financial service industry are just some of the reasons the location is attractive to hedge fund managers the world over. To help fund managers decide whether the Cayman Islands is […]

Directors Registration and Licensing in the Cayman Islands

This publication has been prepared for the assistance of proposed directors of Cayman Islands mutual funds and certain Cayman Islands securities investment business companies. It deals in broad terms with the requirements of Cayman Islands Law and is not intended to be exhaustive but merely to provide brief details and information which we hope will […]

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Latham steers piaggio share offering

Latham & Watkins advised scooter manufacturer Piaggio, the maker of the iconic Vespa, on its f315m (£214.95m) global offering of almost 119 millon ordinary shares, plus almost 18 million additional ordinary shares (pursuant to an overallotment option exercised on 18 July 2006). Piaggio was advised by London-based corporate partner Michael Immordino. Milan firm D’Urso Munari […]

Teare becomes fourth new High Court judge this year

Quadrant Chambers’ head Nigel Teare QC is to become the newest High Court judge, the Department for Constitutional Affairs (DCA) announced yesterday (31 July). Teare’s appointment follows the recent announcement that Mr Justice Leveson has been promoted to the Court of Appeal after the retirement of Lord Justice Brooke. He is the fourth High Court […]

Three Fountain Ct provides rich pickings

Five sets of chambers have picked off new tenants from the dissolved Three Fountain Court in Birmingham. England’s two largest regional sets, St Philips and No 5 Chambers, have taken the bulk. St Philips has agreed to take on 18 members, with a further two understood to still be negotiating. No 5 has picked up […]

Kirkpatrick secures first Japanese AIM admission

Kirkpatrick & Lockhart Nicholson Graham sealed a groundbreaking run of innovative AIM deals earlier this month when it advised the first Japanese company ever to have its shares admitted to the exchange. Secure Design is a biometric firm that specialises in fingerprint identity systems. The deal was a straight admission with no fundraising element. Kirkpatrick […]

9 St John Street

John Hand QC has been head of chambers at 9 St John Street in Manchester since 1988 and in his years of service he has never had a year quite like this one. Chambers head: John Hand QC Senior clerks: Graham Livesey (crime) and Tony Morrissey (civil) Director of finance and administration: Jo Kelly Numbers […]

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