The Royal Bank of Scotland (RBS) closes Sedgefield PFI scheme with South Durham NHS Trust and Normanby Healthcare.

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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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Uría champs at bit as it plays EU-Portuguese waiting game

The transposition of the European Union (EU) Rights of Establishment Directive into Portuguese law is delaying the opening of a number of offices, including a Uría & Menéndez office. On 20 July, the directive allowing EU firms to open in any EU country was transposed into Portuguese national law.Spanish firm Uría hopes to be able […]

BDO awaits permission for legal spin-off

The Dutch member of international accountants and tax consultancy BDO is awaiting approval from the bar association to spin off its legal department to form an independent firm. If approved, the firm will be headed by Frank Dijkstra and Harry Voermans under the name Dijkstra Voermans with an initial staff of 30 lawyers.In order to […]

Norton Rose expands German empire with a spate of hires

Norton Rose Vieregge is continuing its expansion in Germany as it takes on a corporate team in Munich and a tax partner in Frankfurt. The ex-managing partner of highly-regarded Munich firm Arcon (previously named Schmidt-Sibeth Heisse Weisskopf Kursawe) and a team of six lawyers will join Norton Rose’s two intellectual property (IP) partners in Munich.Alexander […]

Pillar Property

Gouldens completed this deal for long-term client Pillar Property, which purchased the 55-acre retail site from Castlemore Securities. Castlemore Securities recently bought the land, a former gasworks site, from BG Property Holdings, which is owned by British Gas. Although Castlemore originally planned to purchase and develop the retail park, the company has transferred the ownership […]

Law society reform

One cannot help noticing that during the past two weeks, the legal press has been inundated with articles on the case of Han and Yau (the Court of Appeal held that the imposition by Customs and Excise of penalties for alleged VAT and duties evasion gave rise to criminal charges within the meaning of Article […]

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