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Related briefings

Cayman Islands wills law heralds a more flexible approach

By Anthony Partridge The rules recognising the legal formality of wills in the Cayman Islands are prescriptive, requiring the will to be executed in writing, signed at the foot of the document by the testator and witnessed by two witnesses who formally attest the will in writing in the presence of the testator. The Formal […]

Investment management, succession planning, philanthropy: the diverse functions of the family office

Wealth is increasing exponentially among some of the world’s richest families, to the extent that, for many of these families, it makes commercial sense to have their own bespoke family office which looks after key operations and functions of the family. These services might include investment management, property management, day to day accounting and payroll […]

The limits of audit: public perceptions and legal realities

By Oliver Passmore, Alex Horsbrugh-Porter Patisserie Valerie Patisserie Valerie entered into administration at the start of this year following the discovery of fraud within the company. It is thought that inflated profit margins and sale figures and thousands of false entries in the company’s ledgers caused the company’s accounts to be overstated by approximately £94m. […]

Family office: establishing a real presence in Jersey

Like any other undertaking which has a real presence in Jersey, a family office will need to consider whether a business licence is required for its operations prior to it setting up in Jersey. Where there is a real presence in Jersey, and the family office is employing staff in Jersey then under most circumstances, […]

New Cayman Data Protection Law – A guide for Cayman funds

The Cayman Islands Data Protection Law, 2017 (DP Law) is currently scheduled to come into effect on 30 September 2019.  Once commenced, it will enact a framework of rights and duties to regulate the processing of individuals’ personal data broadly based on the same internationally recognised privacy principles that form the basis for other data […]

Latest Briefings

Ukraine announces concession tenders for the Kherson and Olvia seaports

By Kostiantyn Likarchuk, Oleg Matiusha Ukraine’s Ministry of Infrastructure has announced pilot tenders for the Kherson and Olvia seaports on the Black Sea. The first tender notification was published in the Uriadovyi Kurier newspaper on 12 September 2019 and opens the opportunity for potential investors to review the tender documentation. Both foreign and Ukrainian entities are invited […]

Copyright and Related Rights: Next level

By Nikola Kliska, Sara Vilotijević With Directive on Copyright in the Digital Single Market still causing mixed feelings throughout Europe, Serbia takes the best out of earlier EU Directives in the area of protection of copyright and related works and implements it into its national legislation. The amendments to the Law on Protection of Copyright and Related Rights as of […]

Serbia Changed the Law on Patents

By Nikola Kliska The Amendments to the Serbian Law on Patents were enacted on 17 September 2019 and will come into force on 26 September 2019. The most significant changes were brought in the field of innovations made in the course of employment (employees’ invention). The previous version of the law stipulated that innovation created even up to one year after employment had […]

No-Deal Brexit – Status of UK Trade Agreements

The Government of the United Kingdom has issued Guidance on “UK trade agreements with non-EU countries in a no-deal Brexit” (updated on September 19, 2019). The Guidance states that the UK will leave the EU on 31 October and lists trade agreements that have been signed that “will take effect as soon as the UK […]

Prospects for the UK of a Brexit deal with the EU

By Bernardine Adkins Bernardine Adkins appeared on BBC World News to discuss the role of the UK in showing flexibility where trading with the EU is concerned. Excerpt Okay let’s talk about the British pound. It actually has extended its recent runs all on hopes that a Brexit deal between the UK and the EU […]

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Ogier advises Scotiabank on Dominican Republic bank acquisition

By Simon Schilder, Christian Burns-Di Lauro Ogier has advised Scotiabank on its acquisition of 97.4% of Banco Dominicano del Progreso in the Dominican Republic. The acquisition, which received regulatory approval by the Superintendency of Banks and the Monetary Board of the Central Bank of the Dominican Republic, doubles Scotiabank’s customer base in the Dominican Republic. […]

Norton Rose Fulbright

Debevoise posts record financials globally and in the City

Debevoise & Plimpton has posted record financial results for 2018 both on a firmwide basis and in its 30-year-old London office. Firmwide revenue rose by 13 per cent from $822m in 2017 to $929.3m. Average revenue per partner (RPP) also increased, up almost 15 per cent from $5.95m to $6.83m. This was beaten significantly in […]

The Court of Justice of the European Union hears intercountry adoption case

Counsel at No5 Barristers’ Chambers have appeared at the Court of Justice of the European Union in an intercountry adoption appeal. The child, ‘SM’, was adopted under the Algerian ‘Kefalah’ system by her French national legal guardians, who live in the UK as EEA nationals. The issue was whether SM could join her legal guardians […]

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