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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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French diss

Thanks to Clintons for inviting Tulkinghorn down to the tenth annual HMV football extravaganza at the Grosvenor House Hotel last Tuesday (29 March). The event, which featured well-known sports liggers Mayer Brown Rowe & Maw as one of the sponsors, raised more than £600,000 for the Nordoff-Robbins Music Therapy charity. The occasion was also marked […]

Separated at birth

The BBC’s Question Time last Thursday (31 March) was graced by the presence of Tom Wheadon, Simmons & Simmons partner and expert on GSM Gateways. Wheadon was an outstanding guest, defending his ‘leader’ Michael Howard’s dismissal of Tory MPs for having an opinion (Howard Flight, what were you thinking?) and somehow holding himself back from […]

Fournier and Solvay pick Freshfields and Skadden

Freshfields Bruckhaus Deringer and Skadden Arps Slate Meagher & Flom’s Paris offices are sharing the spoils as the French pharmaceutical sector continues its consolidation. Skadden’s Paris co-head Pierre Servan-Schreiber is advising new client Fournier Pharma, one of France’s largest pharmaceutical companies, on its €1.3bn (£900m) acquisition by Belgian pharmaceuticals company Solvay. Servan-Schreiber won the work after a […]

PSMG launches major study on business development

The Professional Services Marketing Group (PSMG) last night (4 April) ratified a decision to launch a major research study on measuring the effectiveness of business development.According to co-chair Chris Hinze, the board was in “universal agreement” on designing a study among professional services firms to measure the return on investment in business development.Mark King, co-chair […]

How to get your women back

Businesses need women and women want to work. So what’s the problem? By Elaine Aarons The character of Lynette in Channel 4’s Desperate Housewives will strike a chord for many women in the legal profession. Why did this highly qualified woman give up her successful career to stay at home and look after the children? […]

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