Privy Council upholds Court of Appeal ruling in long-running trusts dispute

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Transparency between trustee and settlor may reduce disputes

By Sally Edwards The issue of confidentiality in relation to trusts has been much discussed recently, with the introduction of reporting requirements such as the Common Reporting Standard. As with the introduction of customer due diligence requirements, while initially causing some consternation, the need to report appears to be gaining acceptance among settlors and beneficiaries […]

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By Imogen Thomas The Royal Court in Jersey has a varied and challenging workload. The cases that have come before it this quarter certainly live up to that description. Here we discuss just a handful of cases that the Royal Court has determined, that, whilst in some respects are unremarkable, in other respects serve to illustrate […]

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By David Nelson “Capital call” facilities (also known as “subscription line” facilities) are facilities made available to funds (often on a revolving credit basis and for general working capital purposes) which are secured against the uncalled capital commitments of the investors in the fund including: (i) the right to make capital calls on investors in respect […]

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Guernsey is one of the world’s leading funds domiciles, with a pedigree stretching back 50 years and a net asset value offunds under management and administration of £276 billion (30 June 2018). The island is the number one choice for non-UK entities listed on the London Stock Exchange and is one of just five non-EU […]

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By Rachel Richardson Stress can be both the cause of, and a symptom of, problems in the workplace that can give rise to claims both in the Employment Tribunal and the Royal Court – and better stress management can help to prevent time-consuming, costly and reputationally damaging conflict. How big is the issue? Reports show that […]

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By Anže Skodlar Crypto assets and among them cryptocurrencies, which this article focuses on, have proven themselves as an eminent opportunity in many aspects of the new digital economy, giving birth to new innovative enterprises and enabling exchange of value in a decentralized manner. This is also evident in Slovenia, being a well-known hub of successful […]

Establishment of innovation scientific and technological centres in Russia and other incentives for participants

By Yana Dianova Since August 10, 2017, the Federal Law of July 29, 2017 No. 216-FZ has been in effect in Russia, providing for the legal basis for establishment and operation of innovation scientific and technological centres in order to implement the priorities of the scientific and technological development of the Russian Federation, increase the investment […]

Russia signs application of special economic measures due to unfriendly actions of Ukraine

By Yana Dianova On 22 October 2018, the President of the Russian Federation signed Decree No. 592 “On the application of special economic measures in connection with the unfriendly actions of Ukraine in relation to citizens and legal entities of the Russian Federation”, according to which the federal government bodies, local authorities, organizations and individuals under […]

Can your workplace deal with sexual harassment allegations?

By Paula Rome Although harassment is firmly front and centre in the media it would appear in a large number of workplaces there has been little practical impact. If we now have a newly empowered workforce who are willing to raise issues and employers are not dealing having to deal with issues then some employers […]

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Latham snares restructuring duo from Sidley Austin

Restructuring duo Yen Sum and Jennifer Brennan are leaving Sidley Austin after less than two years, swapping the US firm for Latham & Watkins‘ London office. Sum decamped from Linklaters to Sidley at the end of 2016 and was quickly followed by Brennan, then a managing associate at the magic circle firm. The pair join […]

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