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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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Digests

Slaughter and May has agreed to a “best friends” relationship with Madrid-based firm Uria & Menendez, adding to its existing agreements with German firm Hengeler Mueller Weitzel Wirtz, Mannheimer Swartling of Sweden and Nauta Dutilh and Stibbe Simont Monahan Duhot of The Netherlands. Latham & Watkins’ new partner Michael Immordino, who quit Rogers & Wells […]

Securicor

On Tuesday Securicor will move from its position in the FTSE 100 into the FTSE 250, when its market capitalisation drops from £3.6bn to £600m. The reason for this startling reduction in company value is due to Securicor’s attempt to concentrate on its raison d’etre of security-related services. It aims to do this by selling […]

Leading NY firm Cahills to open London office

Top tier New York firm Cahill Gordon & Reindel is planning to open an office in London. The decision to launch in the City marks a major shift in policy for the firm. Cahills opened a Paris office in 1935 but has since refused to join the growing tide of international expansion. Cahills is the […]

Beachcroft Wansbroughs rocked by Buchanans raid

US firm Buchanan Ingersoll has launched in London after luring key players from Beachcroft Wansbroughs’ highly-rated projects team. Head of projects Barry Francis is understood to be leaving to join the Pittsburgh-based firm along with six other partners and 10 assistants. Francis’ private finance initiative (PFI) practice is particularly strong in healthcare and is one […]

News in brief

Ill-mannered barristers will have to fork out up to £2000 in fines to their offended clients if new proposals are given the go ahead. The Bar Council plan, to be discussed at a meeting later this month, aims to hit back at poor client service provided by badly behaved barristers outside the court room. The […]

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