Professional negligence

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Latest Briefings

Guernsey introduces revised Handbook on countering financial crime and terrorist financing

On 12 November 2018 the Guernsey Financial Services Commission (GFSC) issued a revised Handbook on Countering Financial Crime and Terrorist Financing (the Handbook). Put simply, the Handbook is a statement of the standards expected by the GFSC of all ‘Specified Businesses’ in the Bailiwick. The Handbook now applies to both financial services businesses and prescribed […]

Comparison of Laws in Bermuda, the Cayman Islands and the British Virgin Islands Relating to Limited Partnerships

This publication has been prepared for the assistance of those who are considering the formation of an exempted (or international) limited partnership in an offshore jurisdiction such as Bermuda, the Cayman Islands (“Cayman”) or the British Virgin Islands (“B.V.I.”) for the conduct of business outside such jurisdiction. This publication touches on, but does not deal […]

Cayman Islands Exempted Companies

This publication has been prepared for the assistance of those who are considering the formation of companies in the Cayman Islands (“Cayman”). It deals in broad terms with the requirements of Cayman law for the establishment and operation of such entities. It is not intended to be exhaustive but merely to provide brief details and […]

Guide to Establishing Hedge Funds in the Cayman Islands

The Cayman Islands is a world leader in the establishment of offshore hedge funds. Its tax-neutral platform, stable economy, sophisticated banking sector, confidentiality and professional financial service industry are just some of the reasons the location is attractive to hedge fund managers the world over. To help fund managers decide whether the Cayman Islands is […]

Directors Registration and Licensing in the Cayman Islands

This publication has been prepared for the assistance of proposed directors of Cayman Islands mutual funds and certain Cayman Islands securities investment business companies. It deals in broad terms with the requirements of Cayman Islands Law and is not intended to be exhaustive but merely to provide brief details and information which we hope will […]

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Lester Aldridge names managing partner

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BT brings in two to boost legal team

BT has recruited two lawyers as part of its drive to ramp up its in-house capability across its legal function following the creation of its Openreach division in January. The main beneficiary of the recruitment campaign is BT’s Wholesale division, which provides network services to UK businesses. Thomas Bucknall, the former European counsel of ViewSonic, […]

Separated at birth

It’s summer so it must be Big Brother. Sadly, this year it’s even more inescapable than ever, with countless hugely annoying contestants and wall-to-wall coverage 24 hours a day, probably until Christmas. Mrs Tulkinghorn is in reality TV heaven. Talking of annoying contestants, none has been more unpopular than this year’s first evictee, Sezer. The […]

Penningtons results show slow growth

South East firm Penningtons has announced its year-end financial results, revealing increases in turnover and profit per equity partner (PEP). PEP crept up just 4 per cent from 2004-05’s £125,000 to £130,000 and turnover grew 10 per cent from £25.9m to £28.5m. Managing partner Lesley Lintott was unavailable for comment. The firm also promoted six associates to […]

CC hires private jet for England while Aussies drink more

After yesterday’s revelations that Field Fisher Waterhouse just don’t give a damn, Clifford Chance shows that it really cares and takes the prize for showiest client event by far at this World Cup. Forget the big screens and the sausages on sticks, CC’s cunning plan involved hiring – get this – a private jet to […]

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