Wiping the slate clean

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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 […]

Recommended

…as it sets out plans to double the size of its Cambridge office

Eversheds plans to double the size of its Cambridge office within 12 months due to the boom in knowledge-based industries. By April 2002, the firm expects to have 60 lawyers in Cambridge working in refurbished offices, which are due to open early next year. Ian Shann, managing partner of Eversheds’ Eastern England offices, says: “We […]

Lex Mundi appoints three firms

Global referral network Lex Mundi is adding three new member firms to its number. The appointments are Cerha Hempel & Spiegelfeld in Austria, Maclay Murray & Spens in Scotland and Cains in the Isle of Man. The decision to appoint new members came after the Freshfields-Bruckhaus Westrick Heller Löber merger last year. Bruckhaus had been […]

The long overhaul

The court system in Ireland is facing up to the need for a major overhaul. The current litigation process is hampered by serious delay, bad organisation and the cumulative effect of an ageing court structure that has seen little change since it was established in 1924. The model for reform is obviously the radical overhaul […]

DTI report slams CC over Mirror Group float

Clifford Chance takes brunt of criticism; Linklaters’ responsibility ‘limited’ Clifford Chance has been heavily criticised by the Department of Trade and Industry (DTI) report into Robert Maxwell’s business empire for its part in producing an “inaccurate and misleading” float prospectus. The firm is one of a host of City institutions to come under fire in […]

The price of luxury

Corporate battles often make the headlines, but in the case of LVMH and Pinault-Printemps-Redoute (PPR), it got personal. LVMH is owned by Bernard Arnault, whose empire includes Givenchy, Krug and perfume giants Chaumet and Christian Dior. His arch rival Francois Pinault owns PPR, which comprises the Printemps store group and the La Redoute mail order […]

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