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2015 was a good year for Jersey’s legal market. Many firms reported growth across a number of practice areas. Some noted a minor let off in work prior to the UK general election in May, but this was swiftly followed by a rise in corporate transactions over the summer.

The fiduciary, banking and real estate sectors remained the most significant sources of instructions. Trust companies and beneficiaries continued to require advice on the establishment and management of structures, and this sector generates most of the jurisdiction’s most significant pieces of litigation. These cases tend to drag on for years, and to require the services of a large number of firms because of the number of parties involved. It is partly for this reason that Jersey is home to several excellent litigation boutiques.

The UK real estate market remains strong, and some of the year’s largest transactions had significant Jersey elements. Jersey law firms are therefore frequently required to advise the world’s largest investment banks on real estate financing.

With a handful of exceptions, firms reported a slow year in the area of structured finance and securitisation. Partly this is due to the consolidation of that market into the hands of a few firms, but some lawyers claim that the appetite for this kind of work has yet to return in the aftermath of the global financial crisis.

Key changes include the merger of David Benest Law and Hanson Renouf to form Benest Corbett Renouf. The combined firm will offer services in dispute resolution and employment law.

Marcus Stone, Lucy Egerton-Vernon and others left Hatstone Lawyers in November 2015 to form Lexstone Lawyers. The new pure law firm will offer advice on non-contentious matters, while Hatstone Lawyers has broadened its offering through the recruitment of litigator Mike Preston from Voisin.

Trusts lawyer David Dorgan moved from Collas Crill to Appleby, and was replaced by Kellyann Ozouf, who came from Bedell Cristin.

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Legal Developments in Jersey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Modernisation of Jersey’s pensions law

    Modernisation of Jersey’s pensions law
  • Jersey Opens the door to QROP’s

    Jersey opens the door to QROPs
  • Jersey Legislation Overview

    Jersey Legislation Overview
  • Civil Liability for Breaches of the Codes

    Civil Liability for Breaches of the Codes
  • AML Update: Review of 2014 amendments to the substantive offences

    AML Update: Review of 2014 amendments to the substantive offences under the Proceeds of Crime (Jersey) Law 1999 
  • The New Charities Law - a bright new dawn

    As of Friday 21 November 2014, the new Charities (Jersey) Law 2014 (the " Law ") (or at least certain parts of it) came into effect.  This represents a quantum leap forward for Jersey in the charity field.  The Law has introduced a new test for what is charitable (the " Charity Test "), has introduced the post of a Charity Commissioner and a Charity Tribunal, and in time will introduce standards that those who run charities in the Island will have to abide by.  It is hoped that the Law will enable the Island to flourish as a centre for the administration of charitable and philanthropic structures.
  • New Managed Account Regime for Jersey Hedge Fund Managers

    An exemption which will enable Jersey-regulated fund managers to be appointed in relation to managed accounts has now been introduced.  This will enable hedge fund managers that are already regulated under the Financial Services (Jersey) Law (FS Law) in Jersey to carry out fund services business (FSB) to also service qualifying segregated managed accounts (QSMAs) without the need to seek additional regulation for the conduct of investment business under the FS Law.
  • The Security Interests (Jersey) Law 2012: Changes to Jersey's security regime

    On 2 January 2014, the Security Interests (Jersey) Law 2012 came into force in respect of Jersey law security over intangible movable property (e.g. shares/securities, bank accounts and custody assets).  The new law replaces the Security Interests (Jersey) Law 1983 (which was in force for the last three decades) and introduces a number of important changes which modernise Jersey's security regime.
  • Exclusive and Inherent Jurisdictions: to boldly go where no Court has gone before?

    On 26 November 2014, the Privy Council delivered judgment in the long-running case of Crociani & Others v. Crociani & Others [2014] UKPC 40 .  The case is of interest to trustees because it provides conclusive and binding guidance on the treatment of exclusive jurisdiction clauses in trust deeds.  However, it also raises questions as to the fundamental nature of the inherent supervisory jurisdiction of the Royal Court in connection with trust matters, and whether it is in fact broader than previously thought.
  • Accessing EU Institutional investor capital

    Luxembourg is one of the largest global investment fund domiciles, benefiting from the following factors:

Press Releases in Jersey

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to