Related briefings

Substratum – What is it and do I need to worry about it?

There has been debate between legal academics and trust practitioners about whether a power holder is prohibited from exercising powers of addition or exclusion of beneficiaries, or other analogous powers, when the proposed change is so significant that it has the effect of changing the basic purpose, or ‘substratum’ of the trust. That is to say, the exercise of trust powers would result in an outcome closer to a fundamental change to the purpose of the trust itself than a simple variation, or addition or exclusion of beneficiaries.

Snapshot: witnessing Powers of Attorney via electronic means in Jersey

Powers of Attorney (PoA) are commonly used in private equity transactions due to the operational efficiencies they can create. In the funds context, one such operational efficiency is often realised in the subscription agreement further to which a PoA is typically granted by each investor in favour of the general partner (or any other nominated party).

How is private wealth approaching impact?

Our people and planet face serious challenges from the developing climate crisis, natural disasters and rising inequality. No corner of earth is immune from the consequences. But we are far from powerless in the face of these global threats – this is a race we can win.

Snapshot: distributions under BVI law

BVI business companies are one of the most commonly used offshore vehicles and our expert team frequently advises on distributions by BVI companies. In this snapshot, counsel Marie-Claire Fudge addresses a number of the most common questions asked about distributions.

When is it appropriate to seek ex parte relief in the Cayman Islands?

In Cathay Capital Holdings III, LP v Osiris International Cayman Limited, the Grand Court set out a helpful reminder of the circumstances in which it is appropriate to seek relief on an ex parte basis (ie without notice to the party against whom the relief is sought).

Latest Briefings

Incentivising staff in a green economy: green benefits

Environmental, social and governance factors (ESG) alongside sustainability are hot topics in business right now. Employees are increasingly scrutinising what employers are doing to promote sustainability, not least in the benefits they offer.

How does the UK PPA market need to innovate?

In this podcast, Gowling joins leading global infrastructure and renewables market analysts Inspiratia to discuss innovation in the UK power purchase agreement (PPA) market, and whether the prices we see today are transitionary and if so, how PPAs can make such prices sustainable and meet the ever-changing needs of both offtakers and sellers.

International investment on the value UK cities

After a challenging year, UK cities are gaining foreign investment and developing their presence on the global stage. How has the pandemic, COP-26 and officially leaving the EU impacted the value of investment in the UK from a global standpoint?

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Dentons

Dentons’ real estate team: bigger than the whole of Mishcon

Dentons has the largest real estate sector group in the world, according to The Lawyer’s annual Global Real Estate 50 report, with a team of 448 partners. The firm’s partner headcount of 448 exceeds that of Mishcon de Reya’s total lawyer headcount, which totalled 442 in last year’s UK200. While the past 12 months has […]

Lawyers to Chinese BigTech will reap rewards after the pandemic

The coronavirus outbreak and the two-month lockdown of an entire province with 60 million people will further propel China’s BigTech companies into global giants. Here is the proof. Chinese e-commerce giant Alibaba Group’s virtual workplace and video conferencing app DingTalk has seen its biggest growth in terms of individual and enterprise usage in the past […]

Shoosmiths defends racial discrimination claim from former employee

Shoosmiths has successfully fought off a race discrimination case brought against the firm in Manchester’s employment tribunal. Bosede Sule, a former administrative assistant at Shoosmiths, brought 14 separate claims against the firm and its staff – but Judge Tom Ryan has dismissed the claim. Sule was employed by the firm for eight months, until she […]

Deepa Deb

Dentons names new UK real estate head as former chief retires

Dentons has appointed a new head of UK real estate following the retirement of Virginia Glastonbury. Real estate partner Deepa Deb will head the UK practice group from 26 March. She takes on the mantle from real estate veteran Glastonbury, who headed the practice for six years and will retire after nearly 40 years at […]

milan

The Virus Diaries: DWF’s Milan partners on going into lockdown

More than coronavirus itself, what keeps lawyer Tancredi Marino awake at night is the anguish caused by the lockdown. “I am a fatalist. If it gets me, it gets me,” the Milan-based DWF tax partner says, stuck in his home. The claustrophobic inability to move is a feeling that he grapples with on a daily […]

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