It's been a good week for…

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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 […]

Recommended

Over here and over paid

It has been interesting to follow reports on the escalation of solicitors’ salaries which, except for the US dimension, is reminiscent of the mid-1980s when Gouldens determined to pay in excess of all City firms for newly qualifieds. Back then Gouldens decided on a heady £15,000 against a benchmark of around £12,500. What was less […]

Forward looking firms will welcome flexibility

The Government has been consulting on regulations to implement the EC directive on part-time workers. These will ensure that part-timers have the same pro-rata rights to pay and benefits as full-timers. The aim is to raise the status of part-time emp-loyment and create conditions where more people are willing to vary their hours of work. […]

Four more firms set to join Ecomlex group

German, Dutch, Italian and Irish law firms are the latest to join a European e-commerce association. Ecomlex is being set up to advise international clients on new economy issues, such as cross-border internet start-ups and initial public offerings. The Lawyer previously revealed that Field Fisher Waterhouse, Swedish practice Advokatfirman Fylgia, and Scottish member firm Harper […]

Case of the week

Historian and author David Irving (right) will himself become the subject of history books after losing his High Court libel action this week over claims that he was a holocaust denier. Mr Justice Gray ruled that Irving was anti-Semitic and racist. Irving, who wrote Hitler’s War, could now face defence costs of £2m. Professor Deborah […]

Sidley & Austin Hong Kong founder joins Herbert Smith

Sidley & Austin is losing one of the founding partners of its Hong Kong operation to Herbert Smith, just a year after the office was established. Simon Meng, who is qualified in New York and Paris, has joined Herbert Smith’s reg-ional project group as a consultant due to the Hong Kong Law Society’s restriction on […]

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