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.


North London boroughs end search for legal heads

The London boroughs of Camden and Islington have emerged from the capital’s recruitment crisis and appointed new legal chiefs. Islington, which has been looking for a new head of legal services since April, after incumbent Louise Round was promoted to director of corporate resources, has hired Debra Norman, who is currently deputy borough solicitor at […]

CC says: free willies

Clifford Chance‘s global head of corporate Peter Charlton did his bit for Anglo-Sino relations recently when he volunteered to give a team of Chinese lawyers a guided tour of the magic circle firm’s Canary Wharf headquarters. According to the genial Geordie, the swimming pool was free for all of them to use. And if they […]

Simpson Thacher seals landmark Blackstone fund

The Blackstone Group has turned to regular adviser Simpson Thacher & Bartlett for the raising of its latest fund, the $21.7bn (£10.67bn) Blackstone Capital Partners V. The firm’s New York-based corporate partner Michael Wolitzer led the team acting on the fund, which is thought to be the world’s largest private equity vehicle, alongside tax partner […]

Land grabs

Compulsory purchase orders are often a necessary evil when it comes to development. By Katherine Evans The existence of compulsory purchase powers, as the recent experience of the London Development Agency (LDA) in assembling the land required for the 2012 Olympic Games has shown, is often a necessary part of any regeneration project. The powers […]

Stonewall applauds TfL, JPMorgan diversity plans

Gay rights advocacy group Stonewall praised the legal departments of JPMorgan and Transport for London (TfL) for their dedication to diversity at its Diversity Champion Seminar last month (25 July). Both organisations were applauded for their well-structured and implemented diversity policies. The Stonewall seminar focused on the standard of supplier diversity and how this is […]

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