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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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LAB set to cut back on temporary admin staff

The Legal Aid Board (LAB) is understood to be planning cutbacks in temporary administrative staff, say senior sources. It is thought the LAB will not renew certain temporary contracts when it becomes the Legal Services Commission following the Access to Justice Act and contracting is introduced. As reported exclusively in The Lawyer (1 February), the […]

In brief: Shaw Pittman

Shaw Pittman. In last week’s survey of US firms in London it was stated that Shaw Pittman partner Andrew Dunlop joined the firm from Dibb Lupton Alsop when it was, in fact, Freshfields.

Sidley & Austin poaches partner from rival US firm

International law firm, Sidley & Austin has poached Robert Asher from the London office of US firm, Hogan & Hartson and installed him as partner in the corporate group. The US qualified lawyer joined Sidley & Austin’s London office yesterday and will boost the team of US lawyers working on finance, securities and acquisition deals. […]

In brief: Sinclair Roche & Temperley

Sinclair Roche & Temperley is battling to keep Korea’s second-largest conglomerate Daewoo afloat. Head of company and commercial Kevin Dean is leading a team of six London-based lawyers and four in Hong Kong, advising Daewoo UK, Daewoo Cars and Daewoo Hong Kong. Cleary Gottlieb Steen & Hamilton is advising Daewoo in Seoul.

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