Scuffle of the week

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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. […]

Recommended

Is there a lawyer in the house?

Investment bank JP Morgan’s in-house legal team has suffered three high-profile departures in five months. Barbara Jones is quitting her post as regional counsel for capital markets in Europe, Middle East and Africa. Allen Hanen, once the US investment bank’s head of legal for the same region, has also gone. And Jim Wickenden has left […]

DoE awards Dibbs PFI contracts

Dibb Lupton Alsop is masterminding PFI projects for the Department of Education (DoE) in Northern Ireland. The firm has advised the DoE on a PFI-funded school in Dungannon, plus the provision of accommodation and services at a college in Londonderry. Four other PFI projects in the province are in the pipeline, all of which will […]

A&O and KPMG argue over taxman

Confusion surrounds Allen & Overy’s claim that it is poaching two senior tax specialists from Linklaters and big five accountants KPMG. The law firm says accountancy partner and VAT specialist Peter Mendham is joining its practice at the beginning of next year, and senior tax associate Stephen Taylor is joining from Linklaters in November. But […]

Lincoln's Inn faces employment protest

Lincoln’s Inn is facing embarrassment as builders working on a multi-million pound chambers refurbishment threaten action over alleged breaches of employment legislation. Nearly 50 builders working on refits at four, five and six New Square Chambers claim they have not received their holiday entitlement. And they are threatening to chain themselves to railings at Lincoln’s […]

Singaporean firms merge for invasion

Two Singapore firms have merged to form the nation’s second-largest law practice in an attempt to compete with the threat posed by competition from overseas firms. Lawyers from other countries are due to be given the go-ahead to practice Singapore law for financial transactions by linking with local firms. The country’s legal services review committee, […]

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