Latest Briefings

Channel Islands Funds Quarterly Update: Q2 2020

Contents: 1 Developments in the Channel Islands 1.1 Mandatory Disclosure Rules 2 Jersey developments 2.1 Deadline for submission of JPF annual compliance return extended 2.2 Outsourcing Notifications to be submitted online 2.3 JFSC consultation on changes to fund fee rates 2.4 JFSC Annual Report 2019 published 2.5 Migration of foreign limited partnerships into Jersey 2.6 […]

Update on Cayman Islands mutual funds law and regulation

Timing for Registration of Previously Exempt Funds The sponsors and operators of Cayman Islands mutual funds which benefited from the “15 investor exemption” under the Mutual Funds Law (as amended) (the “Mutual Funds Law”) should, unless otherwise out of scope, by now be undertaking the process of registering with the Cayman Islands Monetary Authority (“CIMA”). […]

Limited partners’ extensive right to true and full information

In the recent judgment of In the Matter of Gulf Investment Corporation et al v. The Port Fund LP et al and the earlier judgment of Dorsey Ventures Limited v. XIO GP Limited, the Cayman Islands Grand Court has provided some welcome clarification regarding the extent of a limited partner’s statutory right to information in an exempted limited partnership.

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Olswang scoops double media deal

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Qualcomm GC quits following £20m patent defeat

The general counsel for the world’s second-largest mobile phone chip maker Qualcomm has quit after losing a massive patent case. Lou Lupin stepped down from his post as general counsel yesterday following a court ruling ordering Qualcomm to pay $39.3m (£19.6m) to smaller rival company Broadcom for violating three Broadcom patents on cell phone technology […]

Cambridge Press pulps books after Kendall win

Cambridge University Press has pulped all unsold copies of its 2006 book Alms for Jihad after Kendall Freeman won a High Court libel action against the publisher. The publisher will also ask 200 libraries to remove the book from their shelves. It is only the fourth time that this method of settlement has been used […]

Bakers gets ahead of itself

Baker & McKenzie‘s global revenue hit $1.829bn (£910m) in the 2007 financial year following a rise of 20 per cent (see story). It’s pretty impressive stuff, particularly as it means the firm has already reached the figure it had targeted for 2008. That’s great news for the firm on the one hand, but on the […]

BLG plugs Asia gap with City partner

Barlow Lyde & Gilbert (BLG) has reacted to the resignation of Singapore head David Johnston with the emergency transfer of London-based aviation partner Mert Hifzi. As yet the firm has not named a successor for Johnston, who has left to head the newly launched Singapore offcie of aviation boutique Gates & Partners. BLG senior partner […]

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