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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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Cripps boosts PEP 50 per cent after wealth management sale

South East firm Cripps Harries Hall has seen big fee income and profit increases following a year in which it restructured and brought in new management. Fee income rose 17 per cent to £16.35m compared with £14m last year. This includes the adjustment made from the sale of its wealth management arm Cripps Portfolio, which […]

The idealistic solution

Sharia-compliant finance vehicles are no fad and law firms would do well do acquaint themselves with the relevant Islamic laws, says Rahail Ali The driver for the huge growth in Islamic finance is due to demand – a demand resting on the desire to obtain financing compliant with religious beliefs. For some, that is too […]

ICSL students outraged at BVC resit debacle

BVC students at the Inns of Court School of Law (ICSL) have been outraged after being told they will have to repeat a crucial advocacy assessment because of a technical glitch with the DVDs they were recorded on. The advocacy assessments in March were filmed on faulty discs, which failed to record the exercise, while […]

MBR&M star ends 20-year stint

Mayer Brown Rowe & Maw (MBR&M) securitisation specialist Mark Nicolaides has left the firm after more than 20 years. It is understood that he is yet to sign with another firm but is in advanced negotiations about his next position. The reasons for his departure are unclear, but sources believe that Nicolaides left to seek […]

LeBoeuf’s London foothold takes market by surprise

When LeBoeuf Lamb Greene & MacRae posted a £7m increase in London turnover for 2005, more than a few eyebrows were raised across the City. The reaction within the firm was not quite smug, but they certainly were not surprised. “We’re exactly where we expected to be,” says London managing partner Peter Sharp. Unlike some […]

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