By Matthew Shaxson

Jersey’s new LLC law strengthens the Island’s offering to US managers to build on the £169 billion of US assets and funds already administered here, says Ogier partner Matthew Shaxson. The Island’s legislature gave final approval to the new LLC structure, which largely mirrors the existing Delaware model, last week.

With a significant amount of US assets already administered in Jersey, and with the Island’s appeal to US investors boosted by the uncertainty created by Brexit, Matt says that the new law is well timed.