Unusual Hearing Locations

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Latest Briefings

Update to Bermuda’s economic substance legislation

The month of June 2019 saw a number of important updates to Bermuda’s economic substance regime ahead of the 1 July deadline for compliance for entities in existence when the legislation came into force. This bulletin contains a summary of those developments. Entities Tax Resident Overseas Out Of Scope The Economic Substance Amendment Act 2019 […]

Jersey’s economic substance requirements – identifying holding company business and its implications

This briefing forms part of our series on identifying relevant activity for the purposes of the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the “ESJL”), in this case holding company business. Identifying Holding Company Business (“HCB”) The ESJL defines HCB as “the business of being a holding company”, which suggests it applies to all […]

Trust Essentials – July 2019

Z trusts judgment: whose rights take priority when a trust is insolvent? Jersey’s Court of Appeal has handed down its long awaited judgment in the Z Trusts case. The decision considers important questions regarding the equitable rights of a former trustee, and whether those rights have priority over the rights of other claimants to the […]

Uzbekistan – Reforms in the provision of tax and customs incentives

In order to further improve the investment climate in Uzbekistan, ensure the implementation of fair competition principles, as well as regulate the practice of granting tax and customs incentives, the Presidential Decree of the Republic of Uzbekistan ‘On measures to further streamline of tax and customs incentives provision’ No. УП- 5755 was adopted on 27 […]

Time is running out! Have you disclosed your nominee agreements to Revenu Quebec?

Effective May 17, 2019, all nominee agreements made as part of a transaction or series of transactions must be disclosed to Revenu Québec (“RQ“) within 90 days of execution, and agreements already in place on May 17, 2019, must be disclosed by September 16, 2019 (“New Disclosure Requirement“). Failure to comply with the New Disclosure […]

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Financings

Alexanders Holding was advised by Fladgate Fielder in relation to a term loan facility of £1.75m to refinance acquisition costs of Alexanders of Lincoln with the Royal Bank of Scotland

In brief: Women take look at glass ceiling

Alison Parkinson, vice-chair elect of the Association of Women Solicitors, will address a meeting of the Federation Internationale Des Femmes Des Carrieres Juridiques in London on 23 May. Parkinson will give a speech titled ‘Dismissal, redundancy and the glass ceiling’ at the Naval Club, W1. Two members of the group’s UK section will also speak. […]

Next ASIM conference

ASIM has also confirmed details on its conference and AGM to be held at the Randolph Hotel, Oxford, on 16-17 June. Labour MP Andrew Smith, junior shadow minister for the Treasury, will address the conference, also open to non-ASIM members. Contact ASIM on 01892 870065.

Board and society row over audit

THE LEGAL Aid Board has attacked the Law Society, claiming it named a London law firm whose franchise was suspended. But society head of professional policy Russell Wallman says the accusation is a bid to divert attention from the board’s “disgraceful” behaviour over the suspension. Evans Butler Wade is threatening the LAB with legal action […]

All aboard the career express

Congratulations! You have completed your academic training and are set to embark on professional practice. But a word of caution for the naively optimistic – success at one does not guarantee success at the other. Assuming similar backgrounds and capabilities, some candidates will shoot straight to the top, leaving colleagues far behind. This is because […]

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