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Latest Briefings

Guernsey introduces revised Handbook on countering financial crime and terrorist financing

On 12 November 2018 the Guernsey Financial Services Commission (GFSC) issued a revised Handbook on Countering Financial Crime and Terrorist Financing (the Handbook). Put simply, the Handbook is a statement of the standards expected by the GFSC of all ‘Specified Businesses’ in the Bailiwick. The Handbook now applies to both financial services businesses and prescribed […]

Comparison of Laws in Bermuda, the Cayman Islands and the British Virgin Islands Relating to Limited Partnerships

This publication has been prepared for the assistance of those who are considering the formation of an exempted (or international) limited partnership in an offshore jurisdiction such as Bermuda, the Cayman Islands (“Cayman”) or the British Virgin Islands (“B.V.I.”) for the conduct of business outside such jurisdiction. This publication touches on, but does not deal […]

Cayman Islands Exempted Companies

This publication has been prepared for the assistance of those who are considering the formation of companies in the Cayman Islands (“Cayman”). It deals in broad terms with the requirements of Cayman law for the establishment and operation of such entities. It is not intended to be exhaustive but merely to provide brief details and […]

Guide to Establishing Hedge Funds in the Cayman Islands

The Cayman Islands is a world leader in the establishment of offshore hedge funds. Its tax-neutral platform, stable economy, sophisticated banking sector, confidentiality and professional financial service industry are just some of the reasons the location is attractive to hedge fund managers the world over. To help fund managers decide whether the Cayman Islands is […]

Directors Registration and Licensing in the Cayman Islands

This publication has been prepared for the assistance of proposed directors of Cayman Islands mutual funds and certain Cayman Islands securities investment business companies. It deals in broad terms with the requirements of Cayman Islands Law and is not intended to be exhaustive but merely to provide brief details and information which we hope will […]

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Lovells bags Ericsson work

Lovells is advising on the first pan-European property outsourcing deal involving the £200m sale of property owned by cash-poor Swedish telecoms company Ericsson. Ericsson is close to sealing a deal to take a swathe of European properties off its balance sheet. The deal plays to Lovells’ strength as a leader in the property outsourcing business […]

Murray-Jones joins Skadden Arps

Lovells’ highly-rated corporate finance partner Allan Murray-Jones is joining the London office of Skadden Arps Slate Meagher & Flom to spearhead a move into private equity. Murray-Jones, who resigned from Lovells at the start of the year, will join Skadden Arps in September to launch a European assault on the buyouts market. Until now, the […]

Pannone & Partners shows record increase in turnover

Pannone & Partners has announced a record increase in turnover for the end of this financial year. The Manchester-based firm has recorded gross fees of £17.8m, an increase of 30 per cent on last year’s figure of £13.7m. Profits per partner are thought to be between £180,000 and £200,000. Last year, profits per partner stood […]

Debevoise sets up Frankfurt office with two partner hires

New York-based law firm Debevoise & Plimpton has recruited two new partners to set up an office in Frankfurt, providing it with a German presence for the first time. Corporate partner Thomas Schürrle joined Debevoise at the beginning of May from German firm Nörr Stiefenhofer Lutz. He will focus on international M&A. Tax partner Friedrich […]

No gain without pain

While many law firms in the UK still have to get to grips with the fundamentals of advertising, there is one London firm that has certainly grasped the bull by the horns. Just take a look at the latest offerings from divorce specialists Brookman. Well, they are certainly bold. There are two ads: one, which […]

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