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When you need a torts notice

By David Asker A torts notice is a legal document alerting the owner of items that have been abandoned on private land or property. It is issued in accordance with the torts (interference with goods) Act 1977. The fact that items or property have been left on your property or land makes you an involuntary […]

Unexplained wealth orders

By David Asker Unexplained Wealth Orders or UWOs are issued by the High Court when assets and property appear to be disproportionate to the individual’s legitimate income. To apply, there must be reasonable grounds to suspect that an individual has insufficient legitimate income to have obtained a specific property with a value of over £50,000. […]

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By David Asker HMCTS is setting up 12 warrant of control support centres across England and Wales. The aim of these new support centres will be to engage with debtors using the information supplied on the warrant application form. The centre will engage with debtors using either, telephone or SMS, with the aim of obtaining […]

Universal Credit Landlord engagement

By David Asker The roll out of Universal Credit has had an impact on rental arrears for claimants. Rent owed by Universal Credit claimants in the UK is, on average, £663 compared to just £263 for those on housing benefit (source: a FOI request made by Panorama). In July the Government will begin porting over […]

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Innovative new law opens Guernsey up to Artificial Intelligence

By Andrew Munro The newly enacted Electronic Transactions (Electronic Agents) (Guernsey) Ordinance, 2019, which came into force on 1st March this year, signals a turning point in law for companies using Artificial Intelligence which itself represents an area of exponential growth and critical importance for future development in many areas and sectors worldwide. This exciting […]

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Following the publication of Luxembourg laws of 8 April 2019 (see our previous briefing here), the Luxembourg Financial Sector Supervisory Authority (CSSF) has issued two press releases aimed at undertakings for collective investment (UCIs) and/or their managers, and certain firms currently authorised in the United Kingdom (UK) which intend to continue their activities in Luxembourg […]

Economic substance laws: the private wealth context

By Richard Laignel  Recently as part of on-going international initiatives, a large number of international finance centres (including Jersey, Guernsey, BVI and Cayman) have passed new 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 of physical substance and […]

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Mayer Brown has hired two senior corporate partners for its Paris office, including Davis Polk & Wardwell’s first-ever non-US qualified hire Arnaud Pérès. Pérès is joining Mayer Brown alongside former colleague Jean-François Louit. Pérès joined Davis Polk in 2005 from Freshfields Bruckhaus Deringer, where he was co-head of French M&A (18 July 2005). He was […]

Clifford Chance sees five partners quit Germany in a month

Germany has been a large part of Clifford Chance’s European operations for years, ever since 2000 when it merged with Pünder Volhard Weber & Axster. Some 15 years on from that merger, change is afoot. Last year new German managing partner Peter Dieners began a review of the firm’s German operations with a view to slimming down its 83-strong […]

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Midlands firms Shakespeares and SGH Martineau have announced they are in merger talks with the aim of creating a new top-50 firm with revenues of over £75m and 150 partners. The firms began talking a few weeks ago after Andy Raynor took over from Paul Wilson as Shakespeares CEO (22 January 2015). A spokesperson for […]

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Dechert Paris partner Mayer quits firm citing conflicts

Dechert arbitration partner Pierre Mayer is quitting the firm’s Paris office to set up his own practice, citing his reasons for leaving as increasing conflicts of interest and a wish to focus on working as an arbitrator. Mayer has been a partner at Dechert since 2006. He previously worked at the now-defunct Coudert Brothers, quitting […]

Latham adds two City-based counsel to partnership in nine-strong promos round

Latham & Watkins has elected two London-based counsels to its partnership, amounting to just under a quarter of its global total for 2015. Capital markets specialist James Inness and international arbitrator Charles Claypoole joined the firm’s partnership ranks as of 1 March 2015.  The pair have been made up as part of a nine-strong promotions […]

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