Elliot Refson and Peggy Gielen of Jersey Finance discuss the latest developments in the funds sector, and specifically how new laws introduced in Jersey this July will make it easier for fund managers to migrate limited partnership fund structures here.
At the beginning of 2020, the economic outlook for the Asia-Pacific region was relatively promising. There were lingering fears regarding the outcome of the US-China trade war, but global trade and industrial output looked to have bottomed out in late 2019, offering hope of a recovery in 2020. All eyes were on China, the largest economy in Asia – if China performs well, the positive spill-over would boost economic growth, trade and welfare in the Asia-Pacific region as a whole.
Jersey Finance UK Director, Robert Moore, spoke to UK-based Senior Advisor at Charles Russell Speechlys, Heather Maizels, to gain insights into their family office clients and what they look for from a jurisdiction.
In this first episode of our family office focused series – hosted by our UK Director, Robert Moore – we hear from Dr Stuart Gibson, CEO and Founder of Gibson Strategy Limited. They discuss the effect of COVID-19 on the private wealth sector looking specifically at the results of a survey conducted by Gibson Strategy […]
The challenges posed by Covid-19 have only strengthened the reputation of this international finance centre (IFC) as one of the best in the world for HNWs and their businesses. Markets worldwide have been rattled by Covid-19 since the World Health Organisation (WHO) declared a global pandemic on March 11, with the International Monetary Fund forecasting that the […]
An increasing number of businesses are choosing to return to the physical office, whether that be once or twice a week, or full time. Either way, it is vital that employers ensure that the work environment meets the strict health and safety standards necessary in order to avoid outbreaks of COVID-19 amongst staff members. This […]
Our 2020 law firm survey, developed in association with The Lawyer, reveals many law firms were ill-prepared for the seismic shock from the coronavirus outbreak. The crisis has cast an uncomfortable light on firms with poor financial management or without the necessary technology infrastructure. The pandemic already appears to be widening the gap between law firms, with some now under real pressure.
The difficulties with court listings and the inability to hold hearings in a normal fashion has now been underway for 6 months. The recent guidance set out in ‘The Road Ahead’ shows there is no likelihood of that changing in the near future. This means there has had to be a reconsideration of what delays are acceptable and what reasons are sufficient to delay final decisions being made for children.
Whilst we have very quickly become familiar with the “rule of six”, regulations come in to force today placing a further legal obligation on businesses in England that serve food for consumption on the premises to ensure that, save for in limited exceptions, bookings of more than six people are not accepted.
As another week draws to a close, in a time when every day seems to bring unexpected – and often unwelcome – news, the landlord community is reeling – albeit perhaps largely in a somewhat unsurprised and resigned fashion. This is due to the latest announcements from the government affecting the commercial landlord and tenant relationship.
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DWF has hired an insurance team from Keoghs to spearhead the opening of a new UK office. The firm has taken on 13 lawyers who will populate the firm’s eleventh outpost in the country, located in Southampton. Keoghs partners Rachel Coombs, Sarah Parker and Stuart Giddings join alongside ten other members of staff who specialise […]
Eversheds Sutherland has recruited a former Barclays director to map out a growth strategy for its banking practice and deepen the firm’s relationships in the industry, as financings driven by the pandemic are set to generate a new spate of work. Ian Tetsill will become head of the debt finance strategy within the firm’s banking and […]
Two former Linklaters and Simmons & Simmons lawyers, who banked $10m with the sale of their proofreading business, have launched another venture that has attracted a $1.2m investment from magic circle and US firms. Stephen Scanlan, formerly a supervising associate at Simmons & Simmons, and Travis Leon, a law school friend and then a corporate […]
As the election process at Freshfields Bruckhaus Deringer continues, candidates are starting to showcase their own campaigns, with a view to overhauling a central aspect of the firm’s remuneration structure. Asia managing partner Georgia Dawson, who has officially entered the race, is understood to have focused her campaign on changing the firm’s lockstep. The disputes […]
Brown Rudnick has hired yet another partner to its global restructuring team, with Tony Horspool set to join the US firm’s London ranks. Horspool will join up with Brown Rudnick’s corporate restructuring and special situations team in the capital, following the hire of Richard Obank and Colin Ashford who defected from DLA Piper at the […]
Weightmans has said it will pay its staff their full salary after making cuts earlier in the year, while also deciding to reinstate distributions from October. From June, the firm’s employees took, on average, an 11 per cent salary reduction, which Weightmans said would be reviewed at the end of October. From 1 September however, […]