Migration of foreign limited partnerships into Guernsey

The States of Guernsey has adopted regulations permitting foreign limited partnerships to migrate or continue into Guernsey using the statutory migration process set out in the Limited Partnerships (Guernsey) (Migration) Regulations 2020 (the Regulations).

Related briefings

Employers should prepare for long-term changes to the world of work

There are of course many negatives arising from the crisis presented by COVID-19. However, there could be real benefits for businesses and their staff if we take some of the opportunities that have been presented and do not just look to revert to the old ways of doing things.

EU-US Privacy Shield for data transfers ruled as invalid

The Office of the Data Protection Authority in Guernsey (ODPA) has warned companies in the Bailiwick to be aware of the recent Court of Justice of the European Union (CJEU) judgment which affects all businesses who transfer personal data outside of the Bailiwick and the European Union (EU).

Tale of three funds

This article explores the collapse of three funds across three different jurisdictions and then sets out some of the lessons to be learnt by directors and fund managers.

Guernsey injunctions in aid of foreign proceedings

Where a potential judgment debtor in “onshore” proceedings threatens to dissipate its assets, the plaintiff may face a Pyrrhic victory with no assets against which to enforce its judgment. Where the defendant is a Guernsey company or has assets in Guernsey, the Royal Court of Guernsey has a statutory jurisdiction to grant an injunction in aid of those foreign proceedings including freezing injunctions to prevent defendants dealing with the relevant assets in Guernsey.

Latest Briefings

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).

Recommended

back to work

Addleshaws brings back third of furloughed employees

Addleshaw Goddard has brought back a third of its furloughed employees, with partner profit distributions also being reinstated. Addleshaws confirmed that just over a third of employees that were furloughed have now returned to work (29 per cent full-time and 4 per cent part-time), with some additional workers rotated. The firm has not specified numbers […]

Dechert told to produce documents in latest RAKIA development

Dechert’s board in the US will have to disclose documents relating to its client, the RAK Investment Authority, as part of a human rights claim brought by a Jordanian lawyer and current prisoner. Karam Al Sadeq, who was imprisoned for fraud against RAKIA is bringing a lawsuit in England and Wales against the firm and […]

Fladgate finalises redundancy consultation with 19 roles cut

Fladgate has made 19 roles redundant as part of wider measures to weather the economic disruption of the Covid-19 crisis. Following a consultation that began earlier in the summer, the firm confirmed that 19 employees across the business have been made redundant. In March partners took a cut to their drawings graded according to the […]

Orrick’s former London head takes up new role

Orrick’s former London managing partner Kolvin Stone has moved back to Fox Williams, a firm that he left nearly a decade ago. Stone, who also led the European branch of Orrick’s cybersecurity and data privacy group, worked at Fox Williams between 1999 and 2010, at which point he left for the US firm. As well […]

Recruit legal talent

Get your role in front of over 300,000 legal professionals when you advertise with The Lawyer. Our team of experts provide bespoke solutions to help solve all your recruitment challenges.

Find out more