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Latest Briefings

Innovative new law opens Guernsey up to Artificial Intelligence

By Andrew Munro The newly enacted Electronic Transactions (Electronic Agents) (Guernsey) Ordinance, 2019, which came into force on 1st March this year, signals a turning point in law for companies using Artificial Intelligence which itself represents an area of exponential growth and critical importance for future development in many areas and sectors worldwide. This exciting […]

CSSF on mandatory notifications in a no-deal Brexit context

Following the publication of Luxembourg laws of 8 April 2019 (see our previous briefing here), the Luxembourg Financial Sector Supervisory Authority (CSSF) has issued two press releases aimed at undertakings for collective investment (UCIs) and/or their managers, and certain firms currently authorised in the United Kingdom (UK) which intend to continue their activities in Luxembourg […]

Economic substance laws: the private wealth context

By Richard Laignel  Recently as part of on-going international initiatives, a large number of international finance centres (including Jersey, Guernsey, BVI and Cayman) have passed new laws requiring companies which are tax resident in such centres and also conducting certain types of activities to demonstrate that they have an adequate level of physical substance and […]

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Claimants left high and dry

In 1996, the Lord Chancellor described the English legal aid system as a “highly successful public social service”. Large numbers of people were helped to bring claims that resulted in a substantial recovery of damages and they could do so without having to carry the burden of financing that litigation. However, every sensible lawyer agreed […]

Withers takes over niche IP firm in departmental revamp

City firm Withers is taking over specialist intellectual property firm Maycock’s. The acquisition will go ahead in August, with Maycock’s City office shutting down. Founding partner John Maycock will head Withers’ revamped IP unit. The unit will have two partners including Maycock, and two assistants. The acquisition follows the departure of Maycock’s partner Peter McBride, […]

Dibbs beats CC in KPMG MBO survey

Dibb Lupton Alsop has topped the latest management buy-out survey from KPMG. In the latest edition of the quarterly Management Buy-Out Commentary, KPMG places the national firm ahead of both Clifford Chance and the legal section of venture capital company 3i. The survey gives a running total for management buy-outs and buy-ins (MBOs/ MBIs) carried […]

Smaller firms threaten to axe training schemes

A medium-sized firm has said it is considering dropping its training scheme after losing too many of its newly qualified solicitors to the richer City firms. Thomas Eggar Church Adams, a top-five South East firm, is understood to be debating the matter at a partners’ meeting this week. For the past few years the firm […]

Woolf reforms are an unrealistic Utopia

Without lawyers, the Woolf reforms sound like a brilliant idea – a court-managed process of dispute resolution in which everyone operating in the personal injury system conducts open, honest litigation with a general view to achieving a fair result for both parties. In this new Utopia, defendants would recognise that the victims in cases of […]

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