In brief: In-house lawyers

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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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Andrew Witts on resurrecting debts that have been rejected.

Andrew Witts is a banking litigation partner at Dibb Lupton Alsop’s City office. Mr Justice Park is to consider whether a claim for set-off can be raised following an earlier rejection of a proof of debt – one of the issues in BCCI (Overseas) (In Liquidation) v Habib Bank in the Court of Appeal. The […]

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Denton Hall has brought Swedish firm Wistrand into its international alliance – a further sign that northern Europe is becoming an increasingly unified market. Denton International chairman James Dallas says: “It is another important step forward in our drive to become a pan-European network.” Denton International now has interests in Sweden, Denmark, Norway, Austria, France, […]

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The UK’s main in-house barristers’ group has threatened to split from the Bar Council if the extended rights of audience provisions for employed lawyers are dropped from the Access to Justice Bill. The warning from Bar Association for Commerce, Finance & Industry (Bacfi) chairman Susan Ward comes just days after the chairman of the Law […]

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