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The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.

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United Kingdom > Guernsey > Legal Developments > Corporate & Commercial > Law firm and leading lawyer rankings

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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Competitive Guernsey

October 2012 - Corporate & Commercial. Legal Developments by AFR Advocates.

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Guernsey has been considering the introduction of local competition law since at least 2005 and by bringing into effect The Competition (Guernsey) Ordinance, 2012 on 1 August 2012, has introduced an effective Competition Law regime, to regulate the same 3 core areas recognized in most competition regimes, namely the abuse of a dominant position, anti-competitive arrangements, and mergers and acquisitions.

Foundations in Guernsey

September 2012 - Corporate & Commercial. Legal Developments by Carey Olsen.

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On 25 July 2012 the States of Deliberation, Guernsey’s parliament, approved the project de loi The Foundations (Guernsey) Law, 2012 (the “Law”). Subject to Privy Council approval, the Law is expected to come into force in late 2012 or early 2013. This note is a brief summary of certain features of the new Law.

Making a will in Guernsey May 2012

June 2012 - Corporate & Commercial. Legal Developments by Carey Olsen.

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On 2 April 2012 The Inheritance (Guernsey) law 2011 came into force which has replaced Guernsey’s forced heirship regime with a system of full testamentary freedom (accompanied by family and dependent provisions).

Listing Specialist Securities on the Channel Islands Stock Exchange

June 2012 - Corporate & Commercial. Legal Developments by Carey Olsen.

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The Channel Islands Stock Exchange LBG ("CISX") began its operations in October 1998. It is based in St Peter Port, Guernsey and provides a listing facility and bespoke trading platform.

Private Equity 2012 Fund Formation Guernsey Chapter

May 2012 - Corporate & Commercial. Legal Developments by Carey Olsen.

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What legal form of vehicle is typically used for private equity funds formed in your jurisdiction?

Response to Consultation on the Draft Overseas Pension Schemes Regulations 2012

February 2012 - Corporate & Commercial. Legal Developments by Carey Olsen.

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We are a firm of advocates practising in Guernsey and regularly advise on issues arising from pension arrangements established or administered from Guernsey. Based on our experience and interaction with our clients, we are writing to you in response to HMRC’s invitation to consult on the Draft Overseas Pension Schemes (Miscellaneous Amendments) Regulations 2012 (the “Draft Regulations”) issued by HMRC on 6 December 2011.

The Overseas Pension Schemes (Miscellaneous Amendments) Regulations 2012 – Update

February 2012 - Corporate & Commercial. Legal Developments by Carey Olsen.

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Responding to HMRC’S proposed changes for Guernsey QROPS

Proposed UK legislative changes to the QROPS regime 

On 6 December 2011 HMRC released a consultation document relating to draft legislation entitled The Overseas Pension Schemes (Miscellaneous Amendments) Regulations 2012 (the ‘New Proposed Regulations’). 

Guernsey Companies Law - Office of the Registrar of Companies

January 2012 - Corporate & Commercial. Legal Developments by Ogier .

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This memorandum has been prepared for the assistance of our clients in connection with the provisions relevant to the Office of the Registrar of Companies under the Companies (Guernsey) Law, 2008 (as amended) (the “Companies Law”).

QROP Schemes - The Pertinent Issues

December 2011 - Corporate & Commercial. Legal Developments by Carey Olsen.

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Whilst many trustees and providers are now familiar with the QROPS regime, as schemes mature and members seek to avail themselves of the funds in their schemes in various ways, important questions are arising in relation to matters as diverse as the level and age on which benefits can be taken, how to align Guernsey and English taxation requirements and what restrictions apply in respect of investments and the granting of loans.

Enforcement of Foreign Judgments

November 2011 - Corporate & Commercial. Legal Developments by Carey Olsen.

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Global Overview Mark Moedritzer and Kay C Whittaker Shook, Hardy & Bacon LLP 3

Guernsey Mark Dunster and Sophia Harrison Carey Olsen 5

The Takeover Code and Guernsey companies

October 2011 - Corporate & Commercial. Legal Developments by Carey Olsen.

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Increasing use of the Takeover Code in Guernsey

Over the past couple of years we have seen an increase in transactions involving Guernsey companies in which the City Code on Takeovers and Mergers (the “Takeover Code”) has been a significant factor.

How can a Guernsey trust company assist financial planning?

July 2011 - Corporate & Commercial. Legal Developments by Carey Olsen.

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Russell Clark explains why Guernsey is the perfect environment for controlling private wealth

M&A activity

July 2011 - Corporate & Commercial. Legal Developments by Carey Olsen.

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1. Please give a brief overview of the public M&A market in your
jurisdiction.

2. What are the main means of obtaining control of a public
company?

Limited Partnerships Law Review

July 2010 - Corporate & Commercial. Legal Developments by Ogier .

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The Limited Partnerships (Guernsey) Law, 1995, as amended (the Limited Partnerships Law) provides a statutory framework for the establishment and operation of limited partnerships in Guernsey. A briefing, Limited Partnerships in Guernsey, has been prepared and is available on request or online www.ogier.com

The Licensees (Conduct of Business) Rules

July 2010 - Corporate & Commercial. Legal Developments by Carey Olsen.

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The Licensees (Conduct of Business) Rules, 2009 Timing of Issue of Contract Notes & Existing Derogations

Migrations of Companies to Guernsey

January 2010 - Corporate & Commercial. Legal Developments by Carey Olsen.

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This briefing note provides an outline of the processes and requirements of a proposed migration of a company into Guernsey pursuant to The Companies (Guernsey) Law, 2008 (as amended) (the “Law”). Migration is the process which allows a company to move its place of incorporation into or out of Guernsey.

Guernsey Companies Law - Compulsory Winding Up of Companies

August 2009 - Corporate & Commercial. Legal Developments by Ogier .

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The (Guernsey) Law, 2008 (the “Companies Law”) came into force on 1 July 2008 and contains provisions in relation to the nature, type, establishment and conduct of Guernsey incorporated companies (“Companies” or “Company” as the context requires), including limited liability companies (“Ltds”), companies limited by guarantee (“LBGs”), protected cell companies (“PCCs) protected cells (“PCells), incorporated cell companies (“ICCs”), incorporated cells (“ICells”), unlimited liability companies and mixed liability companies (“MLs”).

THE COMPANIES (GUERNSEY) LAW, 2008

July 2008 - Corporate & Commercial. Legal Developments by AFR Advocates.

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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").

The Conveyancing Process in Guernsey

July 2006 - Corporate & Commercial. Legal Developments by Carey Olsen.

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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

January 2006 - Corporate & Commercial. Legal Developments by Carey Olsen.

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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.

Interview with...

Law firm partners and practice heads explain how their firms are adapting to clients' changing needs