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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 IN THE LOTTERY FIASCO

National Lottery Commission: Advised by Treasury solicitors on constitutional matters, while Lawrence Graham advised on commercial issues and took responsibility for assessing the two bids. After losing the High Court case over its treatment of Camelot’s bid to retain control of the Lottery, the commission dumped its former Treasury solicitor advisers in favour of Freshfields […]

The law is an ass

These pages have been dominated recently by (male) lawyers making optimum use of their time by continuing to work even when relieving themselves. Tulkinghorn is sure you all remember the partner at a top 20 firm who regularly makes calls from his mobile while on the toilet, often to his longsuffering secretary, who has reported […]

Corporate

Spring Group disposes of Spring Education and Spring Skills to Protocol Associates, backed by Bridgepoint Capital, for a cash consideration of £71.9m. Spring Group represented by Gouldens (Hilary Winter). Protocol advised by Linklaters & Alliance and Fenners.

Opinion

It does not seem like only five months since the European Convention on Human Rights was incorporated, with much fanfare, into our domestic law. To a commercial or other civil litigator, human rights have already become a familiar feature of the legal landscape because of the number and variety of human rights points that have […]

Law Society acts on threats by Government

The Law Society is creating a compliance board to oversee its complaints procedure in response to threats from the Government to set up an independent supervisory body. Up to half of the board will be lay members appointed by the Master of the Rolls. The board will work on regulatory issues, including any problems with […]

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