Registering a foreign power of attorney in Jersey

If a person holds assets in Jersey they may wish to ensure that they have made adequate provision to appoint someone who can manage those assets in the event that they should lose capacity to such an extent that they can no longer do this themselves. Often, these considerations form part of a person’s wider estate planning.

Related briefings

PRI’s new reporting framework – are you ready?

On 12 November 2020, Principles for Responsible Investment (PRI) issued significant updates to the reporting framework (RF) for signatories. The new requirements are more focused on “real world” outcomes meaning signatories needs to show how environmental, social, and governance (ESG) factors are integrated into investment analysis and execution.

Cayman Islands Funds Update: Q4 2020

Despite the beginning of 2020 being marked by a large number of new regulations in the Cayman Islands, the number of changes to laws and regulations that impact or may impact funds constituted in the country was significantly lower in the last quarter of 2020 than verified previous quarters. Specifically, the regulatory bodies and competent authorities focused on receiving clarifications and refinements to the existing regimes, which continued to occur in January 2021.

Advance healthcare directives under Cayman law

An advance health care directive is also known as a living will. It is actually not a new concept but is new to being recognised in the Cayman Islands. In 2019 the Health Care Decisions Act was implemented in the Cayman Islands.

What to know about BVI’s regulatory change for investment structures

It was unfortunate that such a fundamental change to the regulatory regime of the British Virgin Islands was largely overshadowed due to the twin challenges of the economic substance regime implementation in 2019/2020 and the COVID 19 pandemic in 2020.  Save for structures established for the purposes of a making a single investment, most investment […]

Fund finance in Ireland and Luxembourg: A comparative analysis

Ireland and Luxembourg have long been the preferred jurisdictions in which to establish a fund in Europe, and the prevalence of funds established in Ireland and Luxembourg make them important jurisdictions for lenders to understand. 

Latest Briefings

Who should pay for fire safety building remediation costs?

In December 2020, we reported on the vote by the House of Lords on amendments to the Fire Safety Bill relating to the remediation costs associated with the replacement of the dangerous cladding panels and other fire safety defects. Both the Fire Safety Bill and the Building Safety Bill are anticipated to come into effect early this year.

‘Diversity is a given, Inclusion is a choice’ – actionable ideas

In our 3rd blog in the series, ‘Diversity is given, Inclusion is a choice’, Annelieke Jense and Frouke Horstmann provide practical ways based on their experience working with clients on how organisations can create a true inclusive culture by installing processes that mitigate unconscious biases.

Recommended

Revealed: The Top 20 Cases of 2021

This year, the courts play host to a series of long-running financial and competition cases, while it looks like UK Government lawyers will be extremely busy.

Netherlands

Pinsents hires Bakers partner for Dutch foray

Pinsent Masons has made further inroads into Continental Europe with the opening of an office in Amsterdam. The firm has recruited TMT, data privacy and digital partner Wouter Seinen from Baker McKenzie to head its new Amsterdam office. The office will focus on advising clients on cyber, data, tech and life sciences mandates. Seinen will […]

debenhams

Freshfields and TLT steer Boohoo’s acquisition of Debenhams

Freshfields Bruckhaus Deringer is advising Debenhams’ administrator FRP Advisory as  Boohoo snaps up the department store’s brand. The deal does not include any of Debenhams’ remaining 118 High Street stores or its workforce, meaning that up to 12,000 jobs at the department store chain are set to go. Freshfields global restructuring and insolvency head Ken Baird […]

Paperchase

City firms steer Paperchase towards rescue deal

Baker McKenzie and Mayer Brown have helped secure a rescue deal for Paperchase after the business suffered severe disruptions from Covid-19 lockdowns. Following the appointment of administrators from PwC on 28 January, the stationery chain has been sold in a pre-pack administration to Permira Debt Managers. Bakers’ banking and finance partner Geoff O’Dea has taken […]

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