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Latest Briefings

Subscription Finance Cayman Islands – Luxembourg Analysis

The Cayman Islands and Luxembourg are two of the world’s leading investment funds jurisdictions. As fund structures develop it is increasingly common to see structures that include Cayman Islands and Luxembourg vehicles. This briefing focuses on the similarities and differences between the two jurisdictions in the context of subscription credit and capital call facilities. This […]

Jersey substance proposals – the fund managers’ perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The legislation […]

Jersey substance proposals – the Banking and Finance perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The Law […]

The Equality and Human Rights Commission publishes damning review into the Grenfell Tower Fire

The Equality and Human Rights Commission has now published both its research into Grenfell residents’ access to services and support and its legal submissions to the Inquiry on the human rights implications of the fire. The Commission has also invited the Chairman to make a number of recommendations, including urgent recommendations to prevent a repetition […]

Bulgaria introduces a range of derogations from the EU GDPR

March 2019 – Bulgaria has introduced a set of specific requirements relating to the processing of personal data in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such as employment, the role of data protection […]

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Delphi gets attached to Rambe

Swedish firm Delphi & Co is set to merge with niche life sciences firm Rambe Legal Consultants early next year. Lars Rambe heads the niche firm and will become a partner and head of life sciences at Delphi next spring. Rambe worked in-house at Pharmacia and Amersham Biosciences before setting up on his own in […]

Jones Day benefits from IBM volte-face

IBM has appointed Jones Day Gouldens as a corporate and commercial adviser in a move that signals a radical shift in the technology giant’s legal strategy. IBM’s traditional strategy has been to keep as much work as possible in-house, but it is now looking to widen its panel of law firms. Jones Day was invited […]

Clifford Chance ramps up Padua with Carnelutti haul

Clifford Chance is sending out a clear signal of its commitment to Italy post-Grimaldi by hiring the partner in charge of Carnelutti’s Padua office and four other lawyers. Corporate partner Oliviero Pessi brings clients including insurance giant Assicurazioni Generali and major exhibition centre Padova Fiere to Clifford Chance. The haul of four other lawyers includes […]

Firms left hanging as Standard Chartered delays panel decisions

Having announced its global panel in August, Standard Chartered Bank is now keeping firms worldwide on tenterhooks as they await the results of the regional panel reviews. In a massive exercise that has now spanned months, Standard Chartered is reviewing its local panels country by country. It instructed an external consultant on the matter, and […]

Battle of the sects

The truth about the rise of the national firm can now be revealed. Forget your FTSE 100 and say “pooh” to profits (who needs them when you have spiritual enlightenment?). The reality of the ever-growing juggernauts of law is that they are religious sects led by zen-like gurus. Nigel Knowles showed the way. DLA’s ‘leader’, […]

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