Judges want help for litigants

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Update to Bermuda’s economic substance legislation

The month of June 2019 saw a number of important updates to Bermuda’s economic substance regime ahead of the 1 July deadline for compliance for entities in existence when the legislation came into force. This bulletin contains a summary of those developments. Entities Tax Resident Overseas Out Of Scope The Economic Substance Amendment Act 2019 […]

Jersey’s economic substance requirements – identifying holding company business and its implications

This briefing forms part of our series on identifying relevant activity for the purposes of the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the “ESJL”), in this case holding company business. Identifying Holding Company Business (“HCB”) The ESJL defines HCB as “the business of being a holding company”, which suggests it applies to all […]

Trust Essentials – July 2019

Z trusts judgment: whose rights take priority when a trust is insolvent? Jersey’s Court of Appeal has handed down its long awaited judgment in the Z Trusts case. The decision considers important questions regarding the equitable rights of a former trustee, and whether those rights have priority over the rights of other claimants to the […]

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Time is running out! Have you disclosed your nominee agreements to Revenu Quebec?

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The Lawyer Inquiry: William Longrigg

William Longrigg is a partner in the family department at City firm Charles Russell. Born in Oxford in 1960, he now lives in Battersea, London What was your first job? Barrister’s runner in Oxford on 50p per hour. What was your first ever salary as a lawyer? £5,000 as an articled clerk. £14,000 when newly […]

Penningtons loses office as partners choose to go it alone

THE BREAKAWAY of the Bournemouth offshoot of the London and Home Counties firm Penningtons was confirmed last week when it relaunched as a separate practice under the name Fynn & Partners. Months of negotiations ended with senior partner Lionel Fynn and five other partners beginning as a specialist practice in environmental, licensing and planning law […]

Westminster lawyer gets the all-clear

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Travellers challenge eviction

A legal battle which will test council powers to move new age travellers from municipal land edged closer last week when two groups won injunctions preventing their eviction. Travellers from Crowborough, East Sussex, and Temple Bruer, Lincolnshire, can remain on the land until a full High Court hearing is held. They are seeking a judicial […]

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