I don’t need a will – do I?

Well that really depends on whether you are happy for your estate to pass in accordance with the law or in accordance with your own wishes – which may differ significantly!

Related briefings

The economic substance requirements for Jersey partnerships

The Taxation (Partnerships – Economic Substance) (Jersey) Law 202- was lodged with the States Assembly on 18 May 2021 and, if passed, is expected to come into effect from 1 July 2021 (with a six month transition period to 1 January 2022 for partnerships established before 1 July 2021).

SPACs in 2021 – the new model for private equity?

This year has seen a number of PE backed SPAC launches, as well as announcements of proposed PE SPACs, which in total could amount to several billion dollars in IPO proceeds. If these SPACs prove successful, then the SPAC could become a major part of how PE does business over the next decade.

STEP Geneva Webinar – Beneficial Ownership Registers

Partners Simon Schilder and Dave Sherwin along with Counsel Katherine Neal and Managing Associate Chris Hards will speak on the STEP Geneva Webinar Series for 2021. See the below link to find out what the presentation on Beneficial Ownership Registers covers:….

Recent trends: provisional liquidation in the Cayman Islands

Introduction There are two grounds on which provisional liquidators (PLs) may be appointed in the Cayman Islands under the Companies Act (2021 Revision) (the Companies Act), following the presentation of a winding up petition and before the making of a winding up order. The first is what is commonly referred to as a “full powers” […]

Ogier in Guernsey advises Equitix on £2 billion takeover of John Laing Group

Ogier has acted as Guernsey legal advisors to Equitix in relation to its proposed acquisition of a 50 percent equity stake in a portfolio of assets owned by John Laing Group Plc. Equitix will contribute to the acquisition price paid by KKR in connection with the recommended offer to acquire the entire share capital of […]

Latest Briefings

Tokenized copyrights: Linking an NFT to a copyright licence

In our last report on the NFT (Non-fungible tokens) self-experiment “Formulating a smart contract and minting an NFT”, we looked at what data is packed in a freshly minted NFT. In principle, it is possible to include an entire data set of an artwork (i.e. in our case the GIF) in an NFT and thus on the blockchain. We also pointed out that in our self-experiment we did not only link to the digital artwork but also attached a limited usage licence to the NFT (in the metadata; because otherwise the buyer of an NFT in general will not own any intellectual property respectively rights of exploitation or use to the artwork connected to the NFT).

Virtual Asset Service Providers become subject to registration requirements and AML/CTF obligations

On 23 April 2021, provisions of the Fifth Anti-Money Laundering Directive (5AMLD) were transposed into Irish Law by the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 (CJA 2021), which amends the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (CJA 2010). Please see our recent briefing for analysis of changes introduced by 5AMLD: New Irish Anti-Money Laundering Rules.

Child maintenance: traps for the unwary

For parents, the child maintenance system can seem a vast and complicated system of ropes and pulleys for something they expect should be straightforward.

Reform of licensing laws in NI

The Committee for Communities has released a report following its consideration of the Licensing and Registration of Clubs (Amendment) Bill which outlines a number of key amendments proposed by the Committee.

Recommended

Fleet Street

Omers hires HSF lawyer for in-house role

Asset manager Omers Infrastructure has appointed a new director for legal in its London base, almost a year after the exit of former head John Guccione to Latham & Watkins. The company has brought in Marly Ohlsson, who was previously a senior associate at Herbert Smith Freehills. She will work with Abigail Farrelly, another director […]

Linklaters

Linklaters takes legal duties on Government’s Pool Re review

Linklaters has won a mandate to advise the Government on its five-year review of Pool Re, Britain’s leading terrorism reinsurer. The magic circle firm will rack up £395,000 to provide insurance and commercial expertise around the negotiating and drafting of commercial agreements and contracts. The review, run by HM Treasury, is aimed at ensuring that […]

Dublin

Linklaters names co-heads of new Dublin office

A group of Linklaters partners are getting ready to split their time between London and Dublin, as the firm gears up for its launch in the city next month. The one-floor office is set to open on the 1st of May in a building overlooking the city’s signature Merrion Square. As part of the process, […]

Shoosmiths dishes out four weeks’ pay “thank you” bonus

Shoosmiths is handing employees a 7.7 per cent “thank you” bonus and has paid back money it received through the Government’s furlough scheme. The bonus is equivalent to four weeks’ of employees’ annual wage and will be paid at the end of May. November 2020 and Feb 2021 quarterly dividends were paid to partners at […]

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