How the top funds teams earn their crust

Dementia, reinsurance and an end to the UK Government’s ownership of Northern Rock – it’s been a busy year in the world of funds. This year’s shortlisted entries at The Lawyer Awards showcased the variety of funds work undertaken by law firms, with King & Wood Mallesons (KWM) taking the top accolade for a landmark secondary transaction.

Latest Briefings

Principles applicable to an ‘insolvent’ trust in Jersey

It is important that trustees understand their obligations if their trust structure comes under financial stress. Helpfully, the Jersey courts have provided guidance on the principles applicable to ‘insolvent’ trusts, which is likely to be highly persuasive in other jurisdictions.

Flexibility and teleworking

Flexible working is not a new concept in the UK, and it exists in a number of forms, both formal and informal.

The economic substance requirements for Jersey partnerships

The Taxation (Partnerships – Economic Substance) (Jersey) Law 202- was lodged with the States Assembly on 18 May 2021 and, if passed, is expected to come into effect from 1 July 2021 (with a six month transition period to 1 January 2022 for partnerships established before 1 July 2021).

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Jones Day reveals autumn retention and hands NQs £7,000 pay boost

Taylor Wessing is to keep on 77 per cent of its qualifying trainees this autumn.  A total of 17 out of a cohort of 22 are to take on newly qualified positions at the firm. Two trainees each go to the firm’s disputes; banking and finance; corporate commercial and projects; employment and pensions; and private equity practices. The final seven […]

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