Nokia case shelved as judge gets promoted

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Latest Briefings

Coming to America: Jersey approves US-style LLCs

Jersey’s decision to allow the creation of limited liability companies (LLCs) will allow the island to attract more US-based clients and offer more flexibility than the current partnership status based on English law. Here, partner James Willmott and associate David Patterson examine the options. In a move aimed at catering to Jersey’s growing pan-Atlantic business, […]

Jersey – Practical Guide to Property Law

Jersey is the largest of the Channel Islands and is a self-governing British Crown Dependency with its own financial and legal systems and its own courts of law. Jersey property law is derived from a mixture of local statute and customary (common) law. Jersey’s customary law has evolved from Norman-French law and is primarily contained […]

Changes to Guernsey’s corporate tax residence rules

Guernsey’s rules on corporate tax residence changed at the beginning of 2019 following amendments to its existing tax law brought into effect by a combination of the Income Tax (Guernsey) (Amendment) (No 2) Ordinance 2018, the Income Tax (Substance Requirements) (Implementation) Regulations, 2018 and the Income Tax (Substance Requirements) (Implementation) (Amendment) Regulations, 2018, all passed […]

Bombay High Court refuses anti arbitration injuncton against arbitration proceedings on the question of appointment of the tribunal

On 17 December 2018, the Hon’ble Bombay High Court (Court), in Ravi Arya & Ors v. Palm View Overseas Limited & Ors, passed an important order in relation to an antiarbitration injunction sought by the Plaintiffs in the matter, against an arbitral proceeding seated in Mumbai. The Court held that a challenge to the constitution […]

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Travers boosts PEP to £810,000

Travers Smith is the latest firm to announce its financial results, posting a solid 15 per cent rise in both turnover and average profit per equity partner (PEP). The City firm’s 47 equity partners now take home an average of £810,000 per partner while its turnover stands at £78.3m. Net profit has risen 15 per […]

Lovells, CC play key roles in German private equity deal

Lovells’ German practice has acted for longstanding private equity client Advent International in its €770m (£520m) acquisition of Permira’s majority position in discount retailer Takko. The fashion chain, which has 1,059 stores worldwide, with 836 in Germany, was bought by Advent in partnership with Takko’s management, led by its managing director Arnold Mattschull. The management […]

Shearman launches in Shanghai

New York-based Shearman & Sterling has opened an office in Shanghai, the firm’s third base in China. The Shanghai outfit will practise projects, finance, capital markets and M&A law for clients in Central and Southern China and follows the firm’s offices in Beijing and Hong Kong. The Shanghai team will be led by partner Andrew […]

Ince bolsters real estate and aviation

Ince & Co has boosted its real estate and aviation practices with the hire of Thomas Cooper partner Tim Scorer and associate Trevor Garrood from Simmons & Simmons. Scorer joins the aviation practice as a consultant. He will specialise in aviation claims and insurance disputes and is looking to expand Ince’s aviation group. Garrood joins […]

Camerons builds on Ukranian success with office launch

CMS Cameron McKenna will be the first City firm to launch in the Ukraine when it opens a 30-lawyer office in Kiev in September. Camerons is launching its twelfth international office on the back of regional growth and investment in the Ukraine from clients including Erste Bank and private equity houses Advent International and Mid-Europa […]

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