A pioneering spirit

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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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Weil Gotshal to open in Singapore

US firm Weil Gotshal & Manges is gearing up for its first major play in Asia – with Singapore emerging as the preferred site for an office in the region. The move is being drive by the firm’s office in London. Office head Maurice Allen travelled to Singapore last week on a fact-finding mission and […]

Property

Forsyte Saunders Kerman acted for Chartwell Land on its £13.5m acquisition of a 12 acre site in Yeading, West London from Southgate Developments, a BT property-trading subsidiary advised by Ashurst Morris Crisp.

In brief: Liberty fights for right to silence in Europe

The first case to test the abolition of the right to silence has been communicated to the Government for observations by the European Court of Human Rights. Liberty, which brought the case, contends that inferring guilt from a defendant’s silence violates the right to a fair trial under Article 6.

Money men not to be under-estimated

City lawyers should not reassure themselves that MDPs will not happen because clients do not want one-stop shopping. If Wilde Sapte does submit to the huge arms of Arthur Andersen it will not be to follow the wishes of clients. The motives will be based around Wilde Sapte’s need for more capital and Andersens desire […]

The Lawyer Inquiry: Byron Carron

Byron Carron was born in New York in 1942. He is a solicitor at Townsends in Swindon, and specialises in head injury. What was your first job? Articled clerk. What was your first ever salary as a lawyer? £4.00 per week. What would you have done if you hadn’t become a lawyer? A farmer. Which […]

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