NEW LEGISLATION IN FORCE – THE ROYAL COURT (REFORM) (GUERNSEY) LAW, 2008
At its October sitting, the States of Guernsey passed a commencement ordinance bringing the Royal Court (Reform) (Guernsey) Law, 2008 into force.
THE COMPANIES (GUERNSEY) LAW, 2008
ON-LINE INCORPORATION AND RESIDENT AGENCY IN THE NEW ENVIRONMENT. Licensed Fiduciaries are now taking instructions to engage in the radical new process of on-line incorporation under the provisions of The Companies (Guernsey) Law, 2008 ("the New Law").
Guernsey Funds
The Guernsey Financial Services Commission ("GFSC") applies three tests in determining whether or not an entity is a fund:
The Companies (Guernsey) Law 2008
With effect from 1 July 2008 Guernsey's new companies law the Companies (Guernsey) Law 2008 ("the Law") will be in force. This Briefing summarises the major changes to this area of law and outlines important administrative steps which need to be taken by company administrators and directors in all sectors before October 2008.
Trust Guernsey
Trusts are increasingly used as the prevalent feature of international estate planning. Partly this is a result of the Hague Convention on the Recognition of Trusts giving trusts more publicity and making those in civil law jurisdictions more comfortable with them; partly it derives from the increasing international mobility of people who want trusts as a flexible and reliable means of holding assets and managing their disposition in lifetime and devolution on death.
Atkinson Ferbrache Richardson - Release of personal information
Access to our personal information appears to be increasingly common and there have been recent developments in this area.
Atkinson Ferbrache Richardson - Tribunals in Guernsey
Many people are familiar with attending the Court in Guernsey, even if only for buying a house or making a will. In the past, members of the public would also have gone to Court to resolve a dispute, or to pursue an appeal but times are changing. Now, in several specific matters claimants will have to appear in front of a tribunal - not the Court – to pursue their claim.
The Conveyancing Process in Guernsey
Realty is what lawyers call land and everything attached to it, be that houses, buildings or flats. The transfer of realty in Guernsey from one owner to another is achieved by the passing of a Conveyance before the Royal Court of Guernsey.
Spark of Genius
Introduction
In England and Wales the right of "squeeze out" in a takeover context is enshrined in section 429 of the Companies Act 19851. Section 429 of the Act, broadly speaking, permits a person making a takeover offer2 in respect of a company registered in England and Wales to compulsorily acquire the shares of the minority shareholders of that company where the Offeror has acquired or contracted to acquire not less than 90 per cent in value of the shares to which the offer relates.
Law developments in the UK
-
NEW LEGISLATION IN FORCE – THE ROYAL COURT (REFORM) (GUERNSEY) LAW, 2008
At its October sitting, the States of Guernsey passed a commencement ordinance bringing the Royal Court (Reform) (Guernsey) Law, 2008 into force. -
THE COMPANIES (GUERNSEY) LAW, 2008
ON-LINE INCORPORATION AND RESIDENT AGENCY IN THE NEW ENVIRONMENT. Licensed Fiduciaries are now taking instructions to engage in the radical new process of on-line incorporation under the provisions of The Companies (Guernsey) Law, 2008 ("the New Law"). -
Guernsey Funds
The Guernsey Financial Services Commission ("GFSC") applies three tests in determining whether or not an entity is a fund: -
The Companies (Guernsey) Law 2008
With effect from 1 July 2008 Guernsey's new companies law the Companies (Guernsey) Law 2008 ("the Law") will be in force. This Briefing summarises the major changes to this area of law and outlines important administrative steps which need to be taken by company administrators and directors in all sectors before October 2008. -
Trust Guernsey
Trusts are increasingly used as the prevalent feature of international estate planning. Partly this is a result of the Hague Convention on the Recognition of Trusts giving trusts more publicity and making those in civil law jurisdictions more comfortable with them; partly it derives from the increasing international mobility of people who want trusts as a flexible and reliable means of holding assets and managing their disposition in lifetime and devolution on death. -
Atkinson Ferbrache Richardson - Release of personal information
Access to our personal information appears to be increasingly common and there have been recent developments in this area. -
Atkinson Ferbrache Richardson - Tribunals in Guernsey
Many people are familiar with attending the Court in Guernsey, even if only for buying a house or making a will. In the past, members of the public would also have gone to Court to resolve a dispute, or to pursue an appeal but times are changing. Now, in several specific matters claimants will have to appear in front of a tribunal - not the Court – to pursue their claim. -
The Conveyancing Process in Guernsey
Realty is what lawyers call land and everything attached to it, be that houses, buildings or flats. The transfer of realty in Guernsey from one owner to another is achieved by the passing of a Conveyance before the Royal Court of Guernsey. -
Spark of Genius
In England and Wales the right of "squeeze out" in a takeover context is enshrined in section 429 of the Companies Act 19851. Section 429 of the Act, broadly speaking, permits a person making a takeover offer2 in respect of a company registered in England and Wales to compulsorily acquire the shares of the minority shareholders of that company where the Offeror has acquired or contracted to acquire not less than 90 per cent in value of the shares to which the offer relates. -
A closer look at... The role of the protector of a Jersey or Guernsey trust
Click here to download this article