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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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Bigger than the Beatles

Fiona Callister meets Rex Makin, the anti-authoritarian lawyer who has become an institution in his right. In a side street in Liverpool, just between Thorntons and Ann Summers, are the offices of E Rex Makin, self-proclaimed legend and lawyer to the masses. On the front door is a polite but firm notice to leave prams […]

In brief: Deans Court Chambers

Deans Court Chambers in Manchester has moved to new premises. The set is now at a newly restored building at 24 St John Street. It was previously based in Cumberland House, Crown Square.

Shorter working hours a priority, says EOC chair

A radical rethink of the “long-hours working culture” is needed to create family-friendly working practices, according to Equal Opportunities Commission chair Julie Mellor. In one of her first public speeches since she she became chair, Mellor told the Employment Lawyers Association’s annual conference in Leeds last week that the Government’s Fairness at Work legislation alone […]

Employing more pro bono

A recent employment case highlights some of the legal and humane reasons why pro bono work is needed. After her claim for breach of contract was dismissed at an employment tribunal, a woman appealed to the Employment Appeal Tribunal (EAT). The claimant had initially represented herself, but at appeal the case was initially handled under […]

Fraud proposals get mixed reception

Top City crime lawyers have attacked a Law Commission proposal to remove the need to prove dishonesty in deception cases. As predicted in The Lawyer (5 April), the commission’s consultation paper proposes sweeping changes to the fraud laws in the light of new technology Although most proposals are welcomed – particularly those suggesting a tightening […]

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