Skadden, Cleary wrap up Mittal purchase

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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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The Far East

The Far East has generated a swathe of newspaper headlines in recent months. While Japan maintains its status as Asia’s largest and most sophisticated financial market, Allen & Overy is putting its Tokyo office under review and Cleary Gottlieb Steen & Hamilton was forced to close its underperforming Tokyo office in late April. Instead, the […]

Linklaters and Freshfields top first half Thomson M&A tables

Linklaters has topped the European M&A tables for the first half of 2006, advising on $259.3bn (£140.4bn) worth of deals in 136 transactions, according to data from Thomson Financial. Linklaters finished ahead of Clifford Chance, which was second with 153 deals worth $230.9bn (£125bn). The result is a reversal of the first six months of […]

Push on the Government breeds Islamic finance success

At a time when the Government’s desire to be tough on terrorism has witnessed a series of events that have increased tensions between it and the UK’s Muslim community, it is heartening to see continued Government support for one success story: the growth of London as a centre of excellence for the development of the […]

UK charity in fight to free Guantánamo’s British residents

George W Bush has sought to portray the US-led ‘war on terror’ as a struggle for democratic values, yet for the past four years the US has held 480 men in Guantánamo Bay without trial. Only 10 have even been charged with a crime. Nineteen-year-old Mohammed El Gharani, seized at age 14 from a Karachi […]

Norton Rose PEP and revenue inch up

Norton Rose has recorded a sluggish year of growth, with turnover up just 3.5 per cent and average profit per equity partner (PEP) up by 4.7 per cent. The firm’s PEP for the last financial year was £445,000, up from £425,000 in 2005. Turnover was £210m, a 3.5 per cent rise from last year’s £203m. […]

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