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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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Are firms being led up the garden path?

Thirty years ago, there were two ways out of law firms for partners: “They were either dismissed for incompetence or they died,” says David Dalgarno, employment partner with McDermott Will & Emery. But the massive changes undergone by City firms over the last 20 years have left their mark on the old partnership ideal. The […]

Flotation

Addleshaw Booth & Co has advised Royal Doulton on its bid to raise u31.2m through a placing and open offer. Corporate finance partner Richard Fleetwood led the deal. Freshfields acted for financial advisers Cazanove.

Bank calls up two US giants for BOC sell-off

Two Transatlantic heavyweights have been called in to advise on the joint u7.2bn takeover bid by Air Liquide and Air Products of British Oxygen (BOC). In a twist that has puzzled the two firms involved in the deal, Chase Manhattan Bank, the senior debt arranger for the $7bn (u4.4bn) financing deal, has instructed different US […]

IBM's legal chief quits to launch consultancy

IBM’s most senior UK lawyer is quitting the computer giant after 29 years to set up his own consultancy. Duncan Campbell will stand down in November from his current role as senior counsel responsible for millennium Y2K issues to IBM EMEA (Europe, Middle East, Africa). For seven years, until December 1995, Campbell was general counsel […]

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