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Latest Briefings

Subscription Finance Cayman Islands – Luxembourg Analysis

The Cayman Islands and Luxembourg are two of the world’s leading investment funds jurisdictions. As fund structures develop it is increasingly common to see structures that include Cayman Islands and Luxembourg vehicles. This briefing focuses on the similarities and differences between the two jurisdictions in the context of subscription credit and capital call facilities. This […]

Jersey substance proposals – the fund managers’ perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The legislation […]

Jersey substance proposals – the Banking and Finance perspective

EU finance ministers have formally approved Jersey’s economic substance legislation by removing the jurisdiction from the “grey list” on 12 March 2019 and the Privy Council granted formal approval to the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the Law) on 13 March 2019. The Law takes effect from 1 January 2019. The Law […]

The Equality and Human Rights Commission publishes damning review into the Grenfell Tower Fire

The Equality and Human Rights Commission has now published both its research into Grenfell residents’ access to services and support and its legal submissions to the Inquiry on the human rights implications of the fire. The Commission has also invited the Chairman to make a number of recommendations, including urgent recommendations to prevent a repetition […]

Bulgaria introduces a range of derogations from the EU GDPR

March 2019 – Bulgaria has introduced a set of specific requirements relating to the processing of personal data in addition to the requirements under the EU General Data Protection Regulation (the “GDPR”). Such specific requirements (commonly known as “derogations”) are allowed by the GDPR in certain areas, such as employment, the role of data protection […]

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Lawyers crying out for new image, says research

SOLICITORS are craving for more help from the Law Society to restore their battered reputation, according to major new research commissioned by the Law Society. The research was based on interviews with focus groups of lawyers carried out by the independent Business Research Unit. It has also found that solicitors want more practical help from […]

In brief: Irvine sets Community Legal Service date

Lord Irvine has announced that proposals for a Community Legal Service will be finalised by the beginning of next year. The service is intended to co-ordinate provision given by grass-roots advice services such as Law Centres and the Citizens Advice Bureaux. The final detailed proposals will be the subject of a public consultation.

Montreal merger

Two of Montreal’s leading law firms – McMaster Meighen and Mackenzie Gervais – have decided to merge from the start of next month, creating one of the city’s largest practices with over 100 lawyers. The new firm – McMaster Gervais – will take on Mackenzie Gervais’ membership of the Canadian law firm network, Borden DuMoulin […]

Fayed pays Finers after visit from Sheriff

Mohammed Al Fayed has paid the £36,000 legal costs of West End firm, Finers, after the firm sent the Sheriff of London’s men to his house. Finers partner Philip Rubens, acting for Emanouel Antiques got Al Fayed’s six-year-old civil damages claim against the dealer struck out in the Court of Appeal last August and Fayed […]

Lawyers hail tobacco ruling

The landmark Court of Appeal tobacco judgment marks a “watershed” for freedom of speech, as well as paving the way for a multi-party action against two tobacco companies, say lawyers. In Thursday’s judgment, the Master of the Rolls Lord Woolf, Lord Justice Aldous and Lord Justice Chadwick ruled conditional fee agreements could not amount to […]

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