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Carey Olsen’s corporate practice offers ‘consistently excellent service‘. The ‘excellent‘ Tom Carey advised Resolution Ltd on its highly publicised flotation on the LSE. New head of corporate and finance Graham Hall is highly rated in the market, while Ben Morgan is ‘very experienced in the private equity fund arena‘.

Ogier is a ‘leading player‘, with a large commercial team in Guernsey. It was appointed by the liquidators of offshore marketing and advertising agency Wallace Barnaby & Associates, the largest liquidation matter in Guernsey in 2008. Marcus Leese is held in high regard, and newly appointed partner Caroline Chan gives ‘high-quality advice and really helps you get the deals done‘. Nick Gamble focuses on banking and structured finance.

Ozannes fielded a team across its Guernsey and Jersey offices to advise Dresdner Bank AG, Commerzbank AG and Allianz SE on the Guernsey and Jersey legal and regulatory aspects of Commerzbank’s proposed acquisition of Dresdner from Allianz. The ‘exceptionally talented‘ David Moore is now head of corporate. Jeremy Wessels has a ‘pragmatic approach‘ and is active in restructuring and insolvency.

At Babbé, Stuart Tyler’s ‘City experience is used to good effect‘. The team acted for Bramlin Ltd in securing the first-ever scheme of arrangement to be completed under Guernsey’s new company law.

Bedell Cristin’s growing team advised on the sale and refinancing of the Channel Islands’ Condor Ferries.

Collas Day is strong on banking, and advised 2e2 Holdings on the establishment of senior and mezzanine facilities worth £130m. The team’s ‘depth of knowledge and flexibility is reassuring during complex, high-pace deals‘. Ian Kirk is well regarded, as is banking specialist Sean Cheong, a ‘favoured lawyer for transactions on the island‘.

AO HALL is active in restructuring, and Sam Shires has ‘a commercial approach‘.

At Mourant du Feu & Jeune, John Lewis’s team recently advised RBS in relation to a £907m credit facility.

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Legal Developments in the UK

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  • Student employees – new restrictions on employment

    On 10 February 2010 a Statement of Changes to the Immigration Rules was laid before Parliament which is due to come into force on 3 March 2010.
    - Penningtons Solicitors LLP
  • Landlord & Tenant Briefing

    Dilapidations in commercial premises – ten points to consider
    - Bircham Dyson Bell LLP
  • Being a helpful Landlord may be a mistake!

    Most landlords and their solicitors try to resist the impulse to be helpful, however, in these recessionary times when landlords are concerned to avoid empty space, there may be the temptation to take shortcuts to ensure a letting proceeds. In circumstances where it is intended that Part II of the Landlord and Tenant Act 1954 (the 1954 Act) should not apply to the tenancy, i.e. that the tenant should not have the benefit of security of tenure, then occupation before the lease has been finalised (and the appropriate ‘contracting-out’ steps taken) is a potentially dangerous step and needs to be taken only when the landlord has fully comprehended the potential consequences.
    - Bircham Dyson Bell LLP
  • New regime for approval of major transport projects set to ‘switch on’

    The Planning Act 2008 (the Act) introduces a new regime designed to speed up the planning and, in turn, the delivery of infrastructure projects of national significance. For transport projects, it is one of the most important pieces of legislation in recent years. The new procedure will have to be used for any third runway at Heathrow, amongst other high-profile projects.
    - Bircham Dyson Bell LLP
  • Divorce and the media: the courts, the pay-outs and the speculation

    The rising divorce rate and some well-publicised settlements running into tens of millions of pounds have focused attention on a growing issue in divorce cases: just how far can spouses go to obtain information about their partner’s financial affairs?
    - Schillings
  • Top ten really useful cases of 2009

    If you want your panel solicitor to‘get off the fence’, need to know when a cause of action accrues or wondered whether the judiciary live in the 21st century, the following cases from 2009 provide some really useful guidance. With professional negligence claims on the increase, whether you are giving or receiving legal advice, the cases discussed below highlight practical points for all legal advisers to be aware of.
    - Bond Pearce LLP
  • The twilight zone: legal issues for directors

    there is no legal definition of the term ‘twilight zone’ (perhaps derived from the cult TV series, the writer would like to think), which is now widely used to describe a period of trading when a company has, or is predicted to have, insufficient cash to pay its debts as they fall due. This might be an immediate cash-flow crisis or the problem might be anticipated many months ahead.
    - Holman Fenwick Willan
  • Cloud computing:key issues for SMEs

    Although many definitions exist, broadly speaking ‘cloud computing’ is the outsourcing of specified IT functions via the internet (the cloud) to provide or receive services that would otherwise only be available if the end user had installed the appropriate hardware and/or software on desktops, or on local networks controlled by that organisation itself. Such services may include the use of software over the internet or remote storage of business data by a third-party provider. One benefit of this is that businesses can structure payment for these services differently (for example pay-as-you-go or on a subscription basis), rather than having to pay large sunk costs for long-term software licences, and the purchase and installation of IT infrastructure necessary to support the services locally.
    - SJ Berwin LLP
  • Commission victorious in ‘regulatory holiday’ action brought against Germany

    On 3 December 2009, following an action brought by the European Commission under article 226 of the EC Treaty (now article 258 of the Treaty on the Functioning of the EU) the European Court of Justice (ECJ) confirmed that Germany had failed to comply with its obligations under the European regulatory framework for telecommunications (the Common Regulatory Framework (CRF)). The ECJ’s judgment in European Commission v Germany [2009] confirms that Germany acted unlawfully by adopting a national law excluding ‘new markets’ from regulation – so called ‘regulatory holidays’.
    - SJ Berwin LLP
  • New Commission

    On Friday 27 November 2009 the new European Commission, which will begin its mandate early in 2010, was announced by Commission President José Barroso. This announcement followed a week after the appointment of Herman Van Rompuy and Catherine Ashton as the President of the European Council and the High Representative of the Union for Foreign Affairs and Security Policy respectively, the two new roles created by the Lisbon Treaty, which entered into force on 1 December 2009.
    - Berwin Leighton Paisner LLP

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