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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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Freshfields fights to maintain US securities team

Freshfields is battling to keep its prized London-based US securities team intact, following the defection of one associate to Linklaters and the threatened departure of three more. The firm, which has prided itself on the loyalty of its two-year-old US team in London, led by US partner Tom Joyce, is responding to the crisis by […]

Preparing for the new order in court

The Government’s plans to extend rights of audience to solicitors is set to spark a long-awaited revolution in the legal profession, says Mark Humphries IN June, the Lord Chancellor’s Department (LCD) published a White Paper containing the government’s proposals on rights of audience before the higher courts. The central theme of the proposals is that […]

Biddle makes a splash

Biddle holds its annual water-skiing afternoon for its clients this Friday. They are urged to “bring a wet suit” if they have one. Also on Friday, the Entertainment, Sports and Media Group is hosting a sports seminar at the Law Society. “At the end of the season, we’ll be there or thereabouts… Where will you […]

End of Franks Charlesly is blamed on “overreaction'

A SALARIED partner at disintegrating London firm Franks Charlesly has blamed its plight on the “overreaction” of its 82-year-old senior partner Jack Franks to a key equity partner’s decision to resign. The crisis at the 14-partner firm, which is to dissolve in September, was precipitated in May when Franks reacted to the decision of equity […]

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Ferris will herald a new era

Murdoch McKillop, president of the Society for Practitioners of Insolvency, responds to last week’s City Comment. Readers of last week’s “City Comment” might have thought that the opportunity for licensed insolvency practitioners had just passed. Apparently “the gravy train might be about to hit the buffers”. The public only believes in such a “gravy train” […]

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