Latest Briefings

Channel Islands Funds Quarterly Update: Q2 2020

Contents: 1 Developments in the Channel Islands 1.1 Mandatory Disclosure Rules 2 Jersey developments 2.1 Deadline for submission of JPF annual compliance return extended 2.2 Outsourcing Notifications to be submitted online 2.3 JFSC consultation on changes to fund fee rates 2.4 JFSC Annual Report 2019 published 2.5 Migration of foreign limited partnerships into Jersey 2.6 […]

Update on Cayman Islands mutual funds law and regulation

Timing for Registration of Previously Exempt Funds The sponsors and operators of Cayman Islands mutual funds which benefited from the “15 investor exemption” under the Mutual Funds Law (as amended) (the “Mutual Funds Law”) should, unless otherwise out of scope, by now be undertaking the process of registering with the Cayman Islands Monetary Authority (“CIMA”). […]

Limited partners’ extensive right to true and full information

In the recent judgment of In the Matter of Gulf Investment Corporation et al v. The Port Fund LP et al and the earlier judgment of Dorsey Ventures Limited v. XIO GP Limited, the Cayman Islands Grand Court has provided some welcome clarification regarding the extent of a limited partner’s statutory right to information in an exempted limited partnership.

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Clifford Chance CC
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Revenue hits £1.359bn at Clifford Chance, PEP up 16 per cent to £1.14m

Revenue soared to its highest-ever level at Clifford Chance in the 2013/14 financial year to reach £1.359bn, 7 per cent boost on the £1.271bn turnover posted at the end of the previous financial year.  Average profit per equity partner is up 16 per cent from £1m in 2012/13 to £1.14m (8 July 2013). It is […]

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Bond Dickinson makes up four in all-female promotions round

Bond Dickinson has made up four associates to partner in the second promotions round since the 1 May 2013 merger between Bond Pearce and Dickinson Dees. All four of this year’s new partners are women. Last year (8 May 2013) the firm unveiled six new partners as its merger went live. In 2012, Bond Pearce […]

Allen & Overy advises Evonik on acquisition of equity interest in Borussia Dortmund

Allen & Overy is advising Evonik Industries in Essen on its acquisition of an equity interest of approximately 9.06 per cent in Borussia Dortmund GmbH & Co KGaA and extending the main sponsor agreement with Borussia Dortmund until 2024-25. On acquiring the equity interest, Evonik Industries has become the second-largest individual shareholder in Borussia Dortmund […]

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