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Latest Briefings

Dispute resolution – Yes and no: how funders decide

By David Walker, Investment Manager (Solicitor) for Augusta Ventures According to Pythagoras: “The oldest, shortest words – ‘yes’ and ‘no’ – are those which require the most thought.” Litigation funders would wholeheartedly agree when deciding whether or not to fund a case. As the largest funder in the UK by volume of claims funded, Augusta […]

Bermuda introduces digital asset business amendment Act 2019

By Steven Rees Davies The Digital Asset Business Amendment Act 2019 (DABA Amendment ACT) became operative on 8 October 2019. The Amendment amends the Digital Asset Business Act 2018 that became operative on 10 September 2018 which regulates the digital asset sector in Bermuda. The Amendment replaces the existing definitions of “exchange”, “digital asset services vendor”, […]

The rules on economic substance in The British Virgin Islands

By Jeffrey Kirk On 9 October 2019, the ITA published the Rules on Economic Substance (Rules), which provide detailed explanations and interpretations of the legislative requirements of the Economic Substance (Companies and Limited Partnerships) Act, 2018 (ES Act).  The Rules closely follow the Draft ES Code that has been in circulation since April 2019. The […]

What are the key trends shaping the fund finance industry in Asia?

By Fiona Chan CAYMAN ISLANDS FUND VEHICLES IN ASIA The Cayman Islands continue to be one of the most popular offshore jurisdictions for the Asian finance industry. There are dozens of Chinese funds that manage USD1 billion or more and the Cayman Islands provide the international recognition that many of these managers are looking for. […]

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Snapshot of a profession in turmoil

Unrelenting bad press and increased competition have pushed marketing and management issues to the forefront of the 1990s agenda in law firms throughout the country. “Legal services are an intangible service and in a commercial world they need to be presented alongside a clear marketing package,” said David Temporal, of management consultancy firm Hodgart Temporal. […]

Internet indecency

Computer consultant Simon Jackson, of Andover, has been bailed until 9 May when he will appear before magistrates facing charges of distributing indecent photographs of children on the computer Internet. The case is expected to go for a Crown Court hearing.

In brief: Young Bland hits Eversheds top spot

National firm Eversheds has appointed its youngest ever senior partner. Adrian Bland, 40, currently deputy managing partner and head of commercial property, was unanimously elected as senior partner of the Birmingham office. He will take on the new role on the retirement of David Haggett on 1 May 1997. “I see us developing very much […]

Law and Politics. Closed Whitehall cynicism must shift

THE LORD Chancellor’s Department, which dominates the careers of so many, is facing a wind of change – or at least a strong breeze. The LCD is no longer simply a body administering the judicial system with responsibility for judicial appointments. It is now an increasingly politicised ministry dealing with fundamental and high profile changes […]

Financings

Allen & Overy acted for The Thomson Corporation on its purchase of shares of companies in Finland

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