The Legal 500

Gibraltar

Editorial

Legal market overview

Gibraltar’s funds industry is continuing to develop, as the jurisdiction’s heightened transparency and low overheads attract new foreign investors, and significant financial services work has been generated by the recent incorporation of EU directives as well as Gibraltar’s collaboration with the US Ministry of Justice over tax evasion. The country’s Financial Services Commission (FSC) is also coming under increased scrutiny following the collapse of two national insurers, Hills and Lemma, in late 2012. The country’s thriving gaming industry continues to attract new international companies and is beginning to diversify, with businesses such as games platform developers seeking to enter the jurisdiction. Other growth areas include shipping arrests, with banks showing increased willingness to prosecute; high-net-worth individuals seeking ‘Category 2’ tax status; and instructions arising from recent institution of the High Executive Possessing Specialist Skills (HEPSS) status.

Press releases

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Legal Developments in Gibraltar

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • European Lawyer Reference Series

    1st Edition – Gaming Law – Gibraltar law contribution by Hassans’ Partners
  • TAX APP

    Hassans International Law Firm have launched their first ever Gibraltar law firm Tax App, an innovation for law firms and unique in Gibraltar. The creation of the Tax App, launched today is available to download free from the App Store.
  • International Tax Planning Association Journal – Madrid 19-20 March 2012 – Vol XII Number 3

    When we talk about Gibraltar and the EU perspective, we really are talking about a defining element of what has been driving Gibraltar over the last twenty-five or thirty years. Our membership of the European Union is not something that has been incidental and has not had a dramatic impact on Gibraltar; it has been very important in the direction that Gibraltar has taken over that period of time. Gibraltar - as you know - is attached to Southern Spain. Gibraltar and its position in the European Union is quite a fascinating study and a fascinating situation to explain.
  • Gibraltar equipped to assist as Swiss fund laws are tightened

    In our second instalment for Gibraltar Magazine's series on Gibraltar's fund industry we focus on the role of the Board of Directors of Gibraltar Experienced Investor Funds (EIFs).
  • Funds: The Board of Directors

    When we talk about Gibraltar and the EU perspective, we really are talking about a defining element of what has been driving Gibraltar over the last twenty-five or thirty years. Our membership of the European Union is not something that has been incidental and has not had a dramatic impact on Gibraltar; it has been very important in the direction that Gibraltar has taken over that period of time. Gibraltar - as you know - is attached to Southern Spain. Gibraltar and its position in the European Union is quite a fascinating study and a fascinating situation to explain.
  • Gibraltar Relocation – enjoy the benefits of a new lifestyle

    Gibraltar is an appealing jurisdiction for individuals who wish to enjoy a Mediterranean life style. As a British Overseas Territory, Gibraltar’s culture also has strong elements of UK culture. Gibraltar’s own laws are based on English laws and businesses and education are carried out in accordance with English practice.
  • Gibraltar’s position in the global funds arena

    To begin Gibraltar Magazine’s series of articles on Gibraltar’s fund industry, we thought it would be fitting to start with an examination of Gibraltar’s current position as a fund domicile within the global funds arena. In fact, it’s an important topic in light of the on-going changes to the global legislative framework governing funds and fund management.
  • Financial Services Commission to establish new Funds Panel

    At the end of June, the Financial Services Commission announced the creation of a Funds Panel comprising members from all the various elements of the funds industry in Gibraltar.
  • Is taking your clients to the Olympics an act of bribery?

    An event the size of the Olympics will always court some controversy as it gets underway, but few were expecting that empty seats would be top of the list. However, as the Games got started and the television pictures showed thousands of empty seats, so the recriminations began.
  • REVIEW: A Guide to Insurance: Combining Governance, Compliance and Regulation by Nigel Feetham

    Insurance is part of the DNA of capitalism and it is hard to imagine that anything happened before it.

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
  • P+P Pöllath + Partners berät die DATA MODUL AG, München, bei öffentlicher Übernahme durch Arrow

    Die DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen mit Sitz in München („Data Modul AG“) steht vor einer öffentlichen Übernahme durch die Arrow Electronics, Inc. mit Sitz in Centennial, Colorado/USA. Deren Tochtergesellschaft Arrow Central Europe Holding Munich GmbH hat als Bieterin ein freiwilliges öffentliches Übernahmeangebot zum Erwerb sämtlicher Aktien der Data Modul AG zu einem Angebotspreis von EUR 27,50 je Aktie angekündigt. Dies entspricht einer Prämie von rund 36% auf den gewichteten durchschnittlichen Börsenkurs der Data Modul-Aktien während der letzten drei Monate.
  • VEGAS LEX continues to represent OGK-2 in its gas turbine engine quality dispute

    On January 14, 2015, the VEGAS LEX law firm won an appeal case in the Sixteenth Commercial Court of Appeals for the sake of the Second Generating Company of the Wholesale Power Market (OGK-2)* in a dispute over the quality of a gas turbine engine (GTD-110) supplied by NPO Saturn to compel the defendant to restore the equipment's operation after a breakdown. The court ordered NPO Saturn to repair the broken GTD-110, with the cost of repairs adding up to RUB1bln, which is comparable with the cost of new equipment.
  • VEGAS LEX helps collect lost profit for Khanty-Mansiysk Non-State Pension Fund

    On January 13, 2015, the VEGAS LEX Dispute Resolution Practice won a case in the Ninth Commercial Court of Appeals for the sake of the Khanty-Mansiysk Non-State Pension Fund* in a dispute over a trust management agreement with regard to the fund's pension reserves.
  • Positive Developments for the Economy of Cyprus

    Normal 0 false false false EN-GB X-NONE X-NONE MicrosoftInternetExplorer4 It has been around one year and a half since the Eurogroup decisions to recapitalise Bank of Cyprus via a bail-in on 25 th of March 2013. Cyprus has worked hard since then to exit the financial crisis and to maintain its status and reputation as an international financial centre. Within October 2014, several positive developments which took place suggest that Cyprus is on a good path. These positive developments include: /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Calibri","sans-serif";}
  • Avellum Partners Advised Nadezhda Group on Corporate Restructuring

    Kyiv, 29 December 2014  - Avellum Partners advised Nadezhda Group ("Group"), operating in the liquefied petroleum and gas industry, on tax planning for holding structure of the Group, all legal and tax aspects of corporate restructuring and acquisition finance issues, aimed at obtaining finance from international finance institutions ("IFIs").
  • Avellum Partners Advised on Exchange Offer of Metinvest

    Kyiv, 14 January 2015  - Avellum Partners acted as Ukrainian legal counsel to Deutsche Bank AG, London Branch and ING Bank N.V., London Branch, who acted as Dealer Managers, in connection with the exchange offer of Metinvest B.V., the parent company of a vertically integrated group of steel and mining companies ("Metinvest") for its USD500 million 10.25% guaranteed notes due 2015, coupled with the new issue of USD289.7 million 10.5% guaranteed notes due 2017 ("Notes") under its USD1,500,000,000 Guaranteed Medium Term Note Programme and a 25% cash consideration. The Bank of New York Mellon, London Branch acted as the Exchange Agent. The Notes are listed and admitted to trading on the Global Exchange Market of the Irish Stock Exchange.
  • Gorodissky new practices

    In December 2014 the IP team of Gorodissky & Partners was joined by Valery Narezhny who will be in charge of the firm's new law practices such as taxes, customs and commercial laws. Valery graduated from Finance Academy under the Government of Russia (Moscow) majoring in "Finances and Credits" and the Academy of Law and Management (Moscow) majoring in "Civil Law", holds PhD degree in economics. He is specializing in taxes, currency, customs, labor and commercial laws and in court disputes. Valery started his carrier in the state bodies (Tax Policy Department, Ministry of Finance, and Government Administration), worked for a number of Russian and international law firms. He is author of more than 150 publications and 9 books on taxation and civil law issues. Valery Medvedev, Managing Partner, Gorodissky & Partners, commented: "It appears from our clients' enquiries that they are in the need to obtain consultations and professional advice relating not only to protection and enforcement of intellectual property rights but also to IP issues governed by taxes, labor, currency and commercial laws. Valery Narezhny having considerable experience and knowledge in these practices will no doubt enhance our team of lawyers and considerably enlarge the range of the firm's legal services"
  • HaoLiWen helps client resolve TP case with the customs

    HaoLiWen has advised a multinational client in a case of the customs challenge against import transfer pricing. Recently, this case was successfully closed. The customs has accepted the transfer pricing policies of the client.  The client has incurred no further import tax exposure, and the deposits put up with the customs for the shipments in question are to be refunded by the customs to the client.  
  • VEGAS LEX to support 2015 Jessup Moot Court Competition

    The VEGAS LEX law firm will support this year's Philip C. Jessup International Law Moot Court Competition, the largest and most prestigious law school competition, which will take place in Moscow from January 28 through February 1.
  • P+P Pöllath + Partners berät die Deutsche Bank und DN Capital bei Investitionen in Onlineportal Wi

    Der Onlinehändler Windeln.de hat seine bislang größte Finanzierungsrunde abgeschlossen. Mit einem Investitionsvolumen von insgesamt etwa EUR 45 Mio. beteiligten sich neben dem Hauptinvestor Goldman Sachs auch die bisherigen Geldgeber MCI Management, 360 Capital Partners, die Londoner Beteiligungsgesellschaft DN Capital sowie mehrere Deutsche Bank Fonds.