That sinking feeling

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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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It’s all been kicking off in Warsaw of late. First of all Baker & McKenzie‘s former local managing partner Tomasz Ujejski was leaving to join Squire Sanders & Dempsey. Then he wasn’t. Then he really was (see story). Oh, and he took a load of colleagues with him. At the same time Squire Sanders’ former […]

White & Case hires boost capital markets team

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Louise Stonier: Pets at Home

After having opened 20 stores last year Pets at Home is aiming to open 20 more this year, and legal head Louise Stonier and her team have proved key to the company’s success. By Malar Velaigam Pets at Home head of legal Louise Stonier has spent three years establishing Pets at Home’s legal team. The […]

300-lawyer A&O team completes Tyco split

Allen & Overy (A&O), McDermott Will & Emery and Gibson Dunn & Crutcher have completed the three-way $65bn (£32.4bn) split of Tyco International, the biggest spin-off in the world so far this year. A&O scored the role as Tyco’s international counsel on the spin-off, with McDermott acting as lead US counsel and Gibson Dunn nabbing […]

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