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The implementation of the Gibraltar Income Tax Act in January 2011 has generated a significant flow of legal work as clients adapted to the new legislation. A strong gaming sector, in conjunction with the jurisdiction’s attractiveness to investment funds and insurance companies, has continued to drive the demand for both regulatory and financial services advice. High-net-worth individuals and families – those with so-called ‘Category 2’ status – continue to relocate to the island to obtain a beneficial tax domicile, so private client work remains robust. Litigators have also been busy, with the collapse of Marrache & Co and the Madoff fraud continuing to generate mandates.
Hassans remains the market’s heavyweight, both in terms of overall size and specialist expertise. Triay & Triay is the second-largest firm in the territory and advises an impressive list of client lists in various practice areas. Isolas follows closely behind in terms of size and commands widespread respect in the market, and Triay Stagnetto Neish and Attias & Levy are also recommended. Cruz & Co has a small but growing team that is increasingly prominent. Verralls Barristers and Solicitors and Stephen Bullock & Company, while relatively small firms, are both recognised market players.
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Press releases
Legal Developments in Gibraltar
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It’s good but it’s not quite right – The OECD and the UK Bribery Act
On 30th March 2012, the Organisation for Economic Co-operation & Development (‘OECD’) released its report evaluating the UK Bribery Act 2010 (‘the Act’) and its enforcement of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (‘the Convention’).- Hassans -
Justice So Requiring: The Emergence and Development of a Legal System in Gibraltar
A series of recent events led you to wanting to uncover the history and development of the legal system locally. Have you been surprised at the far reaches of our history in this area taking into account the first civil court was set up as early as 1720?- Hassans -
Changes to the Gibraltar Experienced Investor Fund Regime
The new Financial Services (Experienced Investor Funds) Regulations 2012 (the ‘Regulations’) took effect in Gibraltar on the 12th April, and represent a significant step forward for Gibraltar as a European Fund Domicile.- ISOLAS -
Company Formations - Gibraltar
What is the process of company formation in Gibraltar?- Hassans -
How the UK Bribery Act Affects Overseas Corporates and Individuals
Article by Scott Simmons, Associate, and Tito Garro, Barrister- Hassans -
Gibraltar – Regulatory changes
After nearly seven years, Gibraltar’s Experienced Investor Fund regime is being updated and modernised in a continuation of the partnership between the industry, the Financial Services Commission (the FSC or Regulator) and the Government of Gibraltar.- Hassans -
Contemplating your future?
by Samantha Grimes- ISOLAS -
Update of fund legislation brings UCITS IV to Gibraltar
Anthony Jimenez, fund lawyer at Hassans Law Firm, reports on behalf of GFIA to review the recently enacted Financial Services (Collective Investment Schemes) Act 2011 (CIS Act 2011) and its key provisions with regards to the UCITS IV regime.- Hassans -
So… what’s with Gibraltar?
Standing strong as one of the Pillars of Hercules, Gibraltar is a small British Overseas Territory located at the southern tip of Spain. Gibraltar is a touristic hub for day-trippers and cruise liner passengers and, yes, its famous apes continue to make the Rock their home: but Gibraltar is also fast becoming a powerful force in international business.- Hassans -
Different Methods of Returning Profits to Shareholders
Article by Gemma Arias, Associate- Hassans
Press Releases worldwide
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Börje Leidhammar appointed expert to the committee on due process in tax proceedings
Börje Leidhammar, partner at Wistrand, and chairman of the Institute of Taxes and The Rule of Law (Institutet Skatter & Rättssäkerhet, ISR), was appointed on 27 April 2012 as expert to the committee tasked with examining ways to strengthen due process in tax proceedings.- Wistrand -
Robert Moldén contributes to new book on international antitrust litigation
Robert Moldén at Gärde Wesslaus Gothenburg office has authored a chapter in the book "International Antitrust Litigation – Conflict of Laws and Coordination", which recently has been published by Hart Publishing. -
John S. Gulbrandsen ranked Media “Lawyer of the Year” in Norway
We are proud to inform that John S. Gulbrandsen in May 2012 was selected by his peers for inclusion in the new edition of Best Lawyers in Norway in the practice areas Intellectual Property and Media. He was named the Best Lawyers' 2012 Media "Lawyer of the Year". -
Asters Advises EBRD on a Pioneering Loan to Finance Construction of a Wind Power Plant
Asters acted as a legal counsel to the European Bank for Reconstruction and Development (EBRD) in connection with financing arranged by EBRD for Eco-Optima to finance construction of a 12.5 megawatt wind power plant in Starosambirskyi district of Lviv region.- Asters -
INTEGRITES’ SUCCESS AND ACHIEVEMENTS IN BANKING AND FINANCE PRACTICE ARE...
RECOGNIZED BY CHAMBERS EUROPE 2012 -
Hogan Lovells supports International Legal Forum hosted by the Office of the President of Mongolia
ULAANBAATAR, 18 May 2012 – Hogan Lovells is delighted to be the lead international legal partner at the forthcoming International Legal Forum hosted by The Office of the President of Mongolia and held at the Ikh Tenger State residence on May 29 and 30, 2012. -
EAC tendering process
Our Client APR Energy has successfully completed the tendering process of the Electricity Authority of Cyprus and executed a contract with the EAC for the generation and provision of 120Mw commencing in June 2012. -
Road Show on Promoting Investment Climate in Kazakhstan in 4 USA cities: Chicago, New York City,...
San Francisco, Washington D.C. and Canada (Vancouver), 10-12 April 2012 -
HOT-TUBBING IN INTERNATIONAL ARBITRATION
In this issue Hot-tubbing in International Arbitration…1 By Chia Voon Jiet Upcoming Amendments to the International Arbitration Act …………….. 3 By Chew Kiat Jinn & Mahesh Rai -
Record result for Fiebinger Polak Leon Attorneys-at-Law in FORMAT Lawyer Ranking 2012
It’s not the size that counts! In this year’s ranking of the top Austrian lawyers, conducted by the magazine FORMAT, Fiebinger Polak Leon were able to better last year’s result with no fewer than five nominations. As a result more than one third of the registered lawyers at the law firm rank among the most recognised specialists in Austria.