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Latest Briefings

Subscription Finance Cayman Islands – Luxembourg Analysis

The Cayman Islands and Luxembourg are two of the world’s leading investment funds jurisdictions. As fund structures develop it is increasingly common to see structures that include Cayman Islands and Luxembourg vehicles. This briefing focuses on the similarities and differences between the two jurisdictions in the context of subscription credit and capital call facilities. This […]

Jersey substance proposals – the fund managers’ perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The legislation […]

Jersey substance proposals – the Banking and Finance perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The Law […]

The Equality and Human Rights Commission publishes damning review into the Grenfell Tower Fire

The Equality and Human Rights Commission has now published both its research into Grenfell residents’ access to services and support and its legal submissions to the Inquiry on the human rights implications of the fire. The Commission has also invited the Chairman to make a number of recommendations, including urgent recommendations to prevent a repetition […]

Bulgaria introduces a range of derogations from the EU GDPR

March 2019 – Bulgaria has introduced a set of specific requirements relating to the processing of personal data in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such as employment, the role of data protection […]

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Silicon Valley IP pioneer ships out as New York firms move in

As more and more law firms flood into Silicon Valley, one of the area’s original settlers and a former intellectual property star firm has announced it is shipping out. Brown & Bain, a firm that waged landmark IP battles on behalf of high-profile clients such as Apple Computer and Intel, says it is closing its […]

Pension fund watchdog investigates Eversheds

Eversheds is being investigated by the Occupational Pensions Regulatory Authority (Opra) for failing to make payments into its staff pension scheme. The criminal investigation could, in theory, land Eversheds in court, with the prospect of unlimited fines and two years’ imprisonment for those responsible. A spokeswoman for Opra says this is the first time a […]

City firms score death row wins

CITY firms Lawrence Graham and SJ Berwin have scored a victory for death row clients in Jamaica. Lawrence Graham has persuaded the Privy Council to quash a Jamaican death row conviction in the same week SJ Berwin won a last-minute stay of execution for another death row prisoner, Neville Lewis. The Privy Council’s intervention has […]

City firms infected by e-mail virus

The computer virus Melissa has hit City law firms forcing at least one top practice to shut down its server. Melissa floods the computer system with unwanted e-mails which lists pornographic sites on the Internet. Baker & McKenzie had to shut down its computer network after an overload in the system due to the virus. […]

Legal Monte Carlo rallies top counsel

Powergen, BT, Invesco, Hillsdown, BNFL, Nomura International, Novartis, the Post Office, Cheltenham & Gloucester, the Littlewoods Organisation and Iceland are among scores of high-profile in-house counsel who have already signed up to Legal Monte Carlo ’99 in November. Firms such as Linklaters & Alliance, Cameron McKenna, Simmons & Simmons, Dibb Lupton Alsop and Norton Rose […]

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