Scuffle of the Week

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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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39 Essex St gains commercial director and six more tenants

Leading construction, commercial and public law set 39 Essex Street hasappointed its first chambers director, lost its third tenant in two months,and at the same time is gaining six new ones.Michael Meeson, partnership secretary dealing with operational managementat City firm Rowe & Maw, will join the set as chambers director inSeptember.The new role for Meeson, […]

Boesebecks partners quit over Lovells merger talks

German law firm Boesebeck Droste is losing partners as it continues todiscuss a merger with Lovell White Durrant, as revealed in The Lawyer (5July).Dr Manuel Lorenz, a partner in Boesebeck Droste’s banking and financegroup, has quit the partnership and is understood to be heading for Baker &McKenzie.He follows hot on the heals of Dr Claudia […]

Tax silk sued for 'bad advice' over church alcohol sales

whoseearnings are reported to put him in the “million pounds a year club”.This is the second negligence action against Goldberg in as many years.Last year, he successfully defended an action brought by Matrix Securities.The Liverpool Roman Catholic Archdiocesan Trus-tees Incorporated accusesGoldberg, a tenant at top tax practice Gray’s Inn Tax Chambers, of givingthem bad advice […]

Top movie lawyer quits after landmark victory

The executive vice-president and general counsel of United InternationalPictures (UIP), the worldwide movie distributor, is standing down afterachieving a landmark ruling from the European Commission (EC).US lawyer Brian Reilly, who has been with UIP for eight and a half years,is taking the unusual step of moving to Costa Rica.He will become general counsel of Nueva […]

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Imperial Chemical Industries Plc (ICI)

Last week ICI announced it would axe 600 jobs in the next 18 months,which should seem like a drop in the ocean for a company that boasts 50,000 employees. But the redundancies are a natural development for a company which was lumbered with a debt worth millions when it bought a £4.9bn stake in Unilever’s […]

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