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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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20 Essex St's Brower becomes tribunal judge at The Hague

Charles Brower, who has had full-time legal posts representing two US presidents and is the co-founder of White & Case, has left 20 Essex Street to become a regular judge of the Iran-US claims tribunal in The Hague. `The chambers’ international arbitration team has had a bumper few months with the addition of Sir Peter […]

The Accident Group

The Accident Group. In the ‘Reportage’ column in the 7 May issue of The Lawyer reference was made to the Accident Group (or TAG as it is known). We are happy to make it clear that we did not intend to suggest that TAG engages in any unlawful or improper activities of any description and […]

Identrus

In February last year, the Identrus operating rules were being finalised and Lovells was advising Nat-West, HSBC and Barclays on the finalisation of the draft rules. The Identrus scheme has more than 40 member financial institutions from North America, Europe and Asia which have agreed to be subject to Identrus’s uniform system rules. These specifications […]

Lovells becomes Equitable’s top adviser

Troubled mutual Equitable Life has named Lovells as its main legal adviser, despite its historic relationship with Denton Wilde Sapte. `Equitable Life chairman Vanni Treves described Lovells as the society’s main adviser at its annual general meeting on 23 May.`A Lovells team led by insurance specialist Robin Spencer is advising Equitable Life on a compromise […]

A View from the Cayman Islands

Where precisely do the Cayman Islands stand now that the dust has settled following the Organisation for Economic Cooperation and Development (OECD) and Financial Action Task Force (FATF) supranational initiatives on tax harmonisation and anti money laundering?`The short answer is that the legislative and regulatory amendments are sympathetic and, as a result, the Cayman Islands […]

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