Farrer & Co has boosted its private wealth offering with a hire from Bryan Cave Leighton Paisner (BCLP). Partner Georgina James joins Farrer & Co’s private wealth team after nearly 11 years at BCLP. She advises international families, trustees and family offices on cross-border taxation and estate planning issues. In particular, she has worked with […]
The Charles Russell Speechlys partner, whose move to Macfarlanes last year fell through, has resurfaced at Keystone Law. Ian Cooke, who until March 2019 had headed Charles Russell Speechlys’ private wealth and property practice, has joined Keystone Law after twenty years at the UK firm. Cooke made headlines in February when Macfarlanes announced his hire; […]
Mishcon de Reya has brought in the head of a rival City firm’s private client practice, The Lawyer can reveal. Patrick Harney, who was until recently head of Forsters’ private client department, is set to join Mishcon’s tax team after 12 years at the London legal outfit. As part of his practice, he advises high net […]
Schillings is to lose its seven-strong family team, led by partner Davina Katz, who is launching her own firm.
The head of Macfarlanes‘ private client property group Tristan Ward has left the firm for BDB Pitmans, which merged last year. Ward joins the firm in April and will be a partner in its private wealth department. He joined Macfarlanes in 1997 and was made a partner in 2008. He will be based in BDB […]
Charles Russell Speechlys is launching a new practice aimed at capturing the legal issues surrounding the art market on an international level. The practice, which will advise market players including dealers, collectors, gallery owners and artists themselves, will be spearheaded by partners Tim Maxwell and Rudy Capildeo, who will join the firm in April from London-based […]
With Harry and Meghan announcing they will step back as senior royals and work to become financially independent, The Lawyer looks back at the royal family’s legal representation. Farrer & Co Farrer & Co has been the royal’s established advisers since the 1930s – Sir Leslie Farrer was the personal adviser to George VI and […]
Private client work is by definition discreet, but The Lawyer’s unique Litigation Tracker data highlights the stars
Avon & Bristol Law CentrePro bono initiative of the year The news that 90 people a month had died after being declared fit for work by the Department for Work and Pensions made headlines last summer. But while campaigners and the opposition called for an overhaul of the welfare system, law students at the Avon & […]
After spending six days with colleagues from our Jersey, Guernsey and Dubai offices meeting with clients and intermediaries in the UAE, the message remains upbeat: there’s plenty of work to be done, and the Channel Islands continue to be seen as “gold standard” jurisdictions for personal wealth structuring and asset protection. As before, motivating factors […]
By Sarah Farrow The relationship between Jersey and the Middle East is an important one. Jersey has been working closely with governments, businesses and high net worth families in the region for many years. The relationship began in earnest in the mid-twentieth century with the City of London as the catalyst. London has always been […]
By Robert Lindley, Wesley O’Brien Where a person dies leaving any assets (including shares) in the Cayman Islands, it is not possible to deal with those assets without first obtaining a grant of representation from the Grand Court of the Cayman Islands. This rule applies irrespective of where the deceased died, where they resided during […]
By Henry Wickham, Anthony Partridge, Gavin Ferguson What is driving philanthropists in terms of where and how they give? Henry: Philanthropic causes are increasingly driven by concerns which personally resonate with individuals and to which they feel they can add real value and impact. The Channel Islands are no different. Private clients are not only […]
By Emily Haithwaite, Josephine Howe Group partner Emily Haithwaite and partner Josephine Howe discuss Jersey private funds and what structures may be most appropriate for family office structures. Their article first appeared in HFM Jersey 2019 Special Report. Wealth is increasing exponentially among some of the world’s richest families, many of which have their own […]
By James Campbell, Marcus Leese, Richard Laignel, Katie Baxter As part of on-going international initiatives, a large number of international finance centres (including Jersey, Guernsey, BVI and Cayman) have passed laws requiring companies which are tax resident in such centres and also conducting certain types of activities to demonstrate that they have an adequate level […]
By James Campbell How can clients and their advisers ensure that family businesses can survive and prosper in the region? Family owned businesses are the engine room of the GCC economies. According to the PwC Business Survey 2016, they provide 60 percent of GDP and employ over 80 percent of the workforce. Many have grown […]
By Melissa Wong, Erin Trimble-Cregeen Complexity and Risk As a result of challenges arising from regulatory changes, economic substance, the changing wishes of the next generations of families and the issues of privacy and confidentiality surrounding transparency and disclosure requirements, it is vital to focus on clients and building a comprehensive understanding of their needs. […]
By Nic Journeaux Private Client analysis: This long-running fraud case illustrates the difficult task that the Channel Island courts sometimes have in comparing and distinguishing between developed principles of English law and foundational elements of the customary law of the islands which borrow from French and other civilian law jurisdictions. It tackles two ‘hot potatoes’ […]
By Jennifer Fox, Rebecca Findlay Introduction Those in the private wealth and trusts industry will be well aware of ‘Anti-Bartlett clauses’ in trust deeds. Such clauses are drafted to exclude the duty of a trustee to supervise or intervene in the business affairs of companies in which the trust holds shares. The first instance decision […]
By Liz Rogers, Karen Stewart Under current rules, capital gains tax (CGT) due by individuals is reported and paid through the self-assessment regime. However, from 6 April 2020 new rules mean that CGT payable on certain types of gains will be due up to 21 months earlier. From 6 April 2020, CGT due on the […]
By Bernadette Carey Exhibiting a dynamic attitude to its own development, the Cayman Islands is undoubtedly a jurisdiction of choice for private clients, writes Carey Olsen partner Bernadette Carey. A LONG HISTORY Originally focused primarily on banking services, the Cayman Islands has rapidly grown into the wider private client proposition, offering trust business, accountancy, legal, […]
