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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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New recruit to rethink Bank of Ireland's UK legal panel

Bank of Ireland has expanded its UK legal department and plans to review its panel of outside law firms. The bank has recruited Matthew Lorimer to its UK legal team from Slough solicitors Harris & Cartwright where he was a commercial assistant. Previously the bank’s UK legal team had only one full-time lawyer, barrister Margaret […]

Debenhams legal chief joins food brand giant

Debenhams is losing its head of legal to Associated British Foods. High street retail company Debenhams’ general counsel and company secretary David Wilson is set to join food producer and processor Associated British Foods in December. Wilson will join the FTSE 100-listed company as its director of legal services and company secretary. He will report […]

Jessica Ross on the obligations of transferring employers.

Jessica Ross is a partner at Veitch Penny. The 1981 Tupe Regulations provide continuity of service for employees. Under Regulation 5, the transferee of a business inherits the rights and obligations of the previous employer. The regulations are designed to protect employees’ rights, but little thought appears to have been given to the effect of […]

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In brief: Barnett Alexander Chart

Barnett Alexander Chart has three new partners. Corporate and commercial partner Peter Bohm was a partner at Berrymans Lace Mawer. Commercial property partner Laurence Begner joins from Jay Benning & Peltz. Senior assistant Michael Scott has been made a partner in the PFI and projects department.

Dibbs signs lord to EC lobby unit

Dibb Lupton Alsop has landed a major coup for its Brussels practice by signing up Liberal Democrat Lord Tim Clement-Jones as head of its new government policy unit. The unit will act on behalf of Dibbs’ clients in a fact-finding and lobbying capacity within the European Commission. Clement-Jones still has to receive clearance from the […]

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