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United Kingdom > Guernsey > Overview

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  1. Commercial and banking
  2. Commercial property
  3. Dispute resolution
  4. Employment
  5. Insurance
  6. Investment funds
  7. Private client, trusts and tax

Regional review

The Guernsey legal market has recently been a hive of activity. First, global firm Appleby opened its Guernsey office with a number of former Ozannes associates, including corporate and commercial lawyers Barney Lee and Helen Crossley, litigator Jeremy Le Tissier, and private client and trust practitioner Gavin Ferguson. Meanwhile, Ozannes completed its own pan-island merger with Jersey outfit Mourant du Feu & Jeune, to become Mourant Ozannes. Following suit, Collas Day tied the knot with Jersey firm Crill Canavan to merge from April 2011, creating a new, 16-partner Channel Islands firm known as Collas Crill. Lateral hires also happened, with Carey Olsen welcoming the ‘exceptionally strongChristopher Anderson from Bedell Cristin as a partner.

Already in place in Jersey since 2009, there are also proposals to introduce a Foundations Law to Guernsey, but the market is waiting to see if the flexibility of foundations will add to the appeal of the Guernsey financial services industry. 2010 also saw the arrival of a minimum wage law, and consultation has taken place regarding further proposed legislation, including race, disability and age discrimination laws. In addition, many expect that 2011 will see the States of Guernsey introduce a new Limited Liability Partnership Law, a new Limited Partnership Law, and amendments to the Companies Law.

The year was also dominated by the AIFM Directive, which was finally approved in November 2010 by the EU Parliament and contained significant concessions for Third Countries such as Guernsey, whose funds industry previously feared being shut out of Europe. Law firms have already seen an increase in instructions from clients looking to establish management operations in Guernsey or to migrate their funds to the island.


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Legal Developments in Guernsey

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Press Releases in Guernsey

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