Latest Briefings

Channel Islands Funds Quarterly Update: Q2 2020

Contents: 1 Developments in the Channel Islands 1.1 Mandatory Disclosure Rules 2 Jersey developments 2.1 Deadline for submission of JPF annual compliance return extended 2.2 Outsourcing Notifications to be submitted online 2.3 JFSC consultation on changes to fund fee rates 2.4 JFSC Annual Report 2019 published 2.5 Migration of foreign limited partnerships into Jersey 2.6 […]

Update on Cayman Islands mutual funds law and regulation

Timing for Registration of Previously Exempt Funds The sponsors and operators of Cayman Islands mutual funds which benefited from the “15 investor exemption” under the Mutual Funds Law (as amended) (the “Mutual Funds Law”) should, unless otherwise out of scope, by now be undertaking the process of registering with the Cayman Islands Monetary Authority (“CIMA”). […]

Limited partners’ extensive right to true and full information

In the recent judgment of In the Matter of Gulf Investment Corporation et al v. The Port Fund LP et al and the earlier judgment of Dorsey Ventures Limited v. XIO GP Limited, the Cayman Islands Grand Court has provided some welcome clarification regarding the extent of a limited partner’s statutory right to information in an exempted limited partnership.

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Gray's Inn

The Lawyer Awards shortlist: the sets vying to win Specialist Chambers of the Year

London is rich in talent at the specialist bar, and the sets shortlisted for the new category of Specialist Chambers of the Year have shown considerable acumen in growing their businesses. Residential property specialists Tanfield Chambers has seen significant financial growth over the past five years, with a particularly strong performance in 2018 when it […]

Raab, not Johnson, leads Tory leadership race when it comes to lawyer endorsements

Boris Johnson may be the hot favourite to replace Theresa May as Conservative leader – and Prime Minister – in the party’s leadership race, but he has so far failed to attract the initial support of Parliament’s lawyers. Initial indications suggest that Johnson has 42 supporters among the Tory MPs who will whittle down the […]

Northern barristers chambers eyes move to London

Northern-headquartered Exchange Chambers has decided to make the move to London, after announcing a record turnover in the last financial year. The set is firmly established in the North, with offices in Manchester, Liverpool and Leeds but a revenue of £33.1m in 2018/19 has led the chambers to explore opportunities in London. The set has […]

Bird & Bird

Bird & Bird reboots consulting unit with £6m merger

Bird & Bird has completed a merger between its Baseline division and an external consulting firm, creating a combined business worth around £6m. The new business, called Oxygy Management Consulting, sees Baseline join forces with boutique consultancy Valeocon in an effort to help clients embarking in ambitious transformation projects around digital and management issues. Valeocon’s […]

Dentons

Dentons turnover boosted by panel wins, Carillion fees and KKR mega-deal

Dentons is the second international firm to announce its 2018/19 financials, revealing revenue growth of 13 per cent for its UK and Middle East offices. The firm generated a total of £229.8m from £203.1m over 2018/19, two years after its merger with Scottish firm Maclay Murray & Spens. Profit per equity partner increased by 4 […]

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