Hammonds redundancy talks end: 77 to go

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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 […]

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Ropes & Gray makes 106 support staff redundant

Boston-headquartered Ropes & Gray has announced that it was laying off 106 of its support staff, the equivalent of around 10 per cent of its non-lawyer personnel across all departments in the firm. In a statement, Ropes chairman Brad Malt said his firm’s clients and marketplace had been “seriously affected” by the continuing global economic […]

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Fox Hayes fall offers hard lesson in capital management

When Leeds firm Fox Hayes went into administration two weeks ago, the rate of its business decline was in direct contrast to its prior mercurial growth. When Leeds firm Fox Hayes went into administration two weeks ago (TheLawyer.com, 19 January) the rate of its business decline was in direct contrast to its prior mercurial growth. […]

Garrigues network merger creates South American powerhouse

Spain’s largest law firm Garrigues will merge this year with its South Americanalliance firms, creating a new giant in the region. Spain’s largest law firm Garrigues will merge this year with its South American alliance firms, creating a new giant in the region. The firm is holding a meeting in June to discuss the final […]

Dechert adds Bear in-houser to New York corporate

Dechert has hired a former senior Bear Stearns in-house lawyer to bulk up its corporate and securities group. Former in-house lawyer and managing director at Bear Ken Masotti has joined Dechert’s New York office as counsel in the corporate and securities group. Dechert head of corporate finance Henry Nassau said: “[Ken’s] experience advising on a […]

Orrick promotes 13 in latest partnership round

Orrick Herrington & Sutcliffe has made up 13 lawyers to the partnership in the firm’s latest round of promotions. Orrick Herrington & Sutcliffe has promoted 13 lawyers to its partnership in the latest round of promotions. All but one of the promotions were made in the firm’s US offices, with Los Angeles, San Francisco and […]

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