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Latest Briefings

Subscription Finance Cayman Islands – Luxembourg Analysis

The Cayman Islands and Luxembourg are two of the world’s leading investment funds jurisdictions. As fund structures develop it is increasingly common to see structures that include Cayman Islands and Luxembourg vehicles. This briefing focuses on the similarities and differences between the two jurisdictions in the context of subscription credit and capital call facilities. This […]

Jersey substance proposals – the fund managers’ perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The legislation […]

Jersey substance proposals – the Banking and Finance perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The Law […]

The Equality and Human Rights Commission publishes damning review into the Grenfell Tower Fire

The Equality and Human Rights Commission has now published both its research into Grenfell residents’ access to services and support and its legal submissions to the Inquiry on the human rights implications of the fire. The Commission has also invited the Chairman to make a number of recommendations, including urgent recommendations to prevent a repetition […]

Bulgaria introduces a range of derogations from the EU GDPR

March 2019 – Bulgaria has introduced a set of specific requirements relating to the processing of personal data in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such as employment, the role of data protection […]

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It's good to talk out a grievance

Mediation in libel cases looks likely to become a common way of settling disputes. Mark Manley comes up with five reasons why this is a positive step forward. Mark Manley is partner and head of commercial litigation at Brabner Holden Banks Wilson in Liverpool. I represented a media defendant at a mediation in a multi-party […]

Changing chancery

The chancery bar has seen a dramatic change in recent years as it takes on an increasing amount of traditional commercial work. Fenella Quinn reports. Dust off your gowns, fluff up those wigs and for goodness’ sake buy a proper pen, all of you in chancery – you’re going to find yourselves in hot demand. […]

KLegal lures tax head for new group

KLegal, the associated law firm of KPMG, has launched its tax litigation practice. The firm has lured James Bullock from Ashurst Morris Crisp to head the department. He joins at director level, the big five accountants’ equivalent to a salaried partner. The move reunites Bullock with Stephen Machin, his former boss and head of tax […]

Cameron's Iaroslavski resigns

Ilia Iaroslavski, the big-billing lawyer who headed the firm’s Tashkent office in Uzbekistan, resigned from the firm because of ill health. A Camerons spokesman says he has since suffered a heart attack and is receiving treatment in Israel. Iaroslavski first offered to resign from the firm in May 1998 following allegations of sexual harassment made […]

Back to the law

Sir Nicholas Lyell QC has had a long and prestigious political and legal career. Matheu Swallow meets the seriously straight-talking former Attorney-General upon his return to the bar. It seems only proper to introduce the Right Honourable Sir Nicholas Lyell QC with his full and formal title. After all, the former Attorney-General is a man […]

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