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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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Identifying fraud is key to prevention

Fraud and how to spot it is the subject of a book published by accountancy firm KPMG. ‘Fraud Watch: A guide for business’ is filled with real-life examples. KPMG wrote it in response to a request from the Institute of Chartered Accountants in England and Wales, says institute president Roger Lawson. Ian Huntington, co-author and […]

Cracking the whip

If the Lord Chief Justice needed any confirmation that he is on the right course with his High Court changes, it came with the results of a survey of the 400 biggest UK corporates. The survey, commissioned by City firm Herbert Smith, reveals nearly all respondents said the system had deterred them from pursuing good […]

In brief: Lawyer advised on international scene

The EC Lawyers’ Society and the London Young Solicitors’ Group will host a seminar for lawyers working in the international sector at the Law Society next month. Dual-qualified French and English barrister Gilles d’Aigremont will speak on the subject of solicitors working abroad, addressing topics including EC developments on rights of establishment, and the attitude […]

Litigation Writs 31/01/95

Sky TV faces a claim for $1.3 million in the High Court following allegations it is in breach of a deal under which it is said to have agreed to pay more than $2.3 million for film broadcasting rights. In a writ just issued against Sky Television, Penta International (UK) and Pentamerica Communications are suing […]

The Lawyer Inquiry: David Llewelyn

Former McKenna and Co solicitor and intellectual property specialist David Llewelyn is the founder of new City firm Llewelyn Zietman. He was born in Warrington in 1956 and now lives in London. What was your first job? On a production line packing 24 cans of Heinz baby food into boxes. It made me determined to […]

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