The Legal 500

Legal Developments in Jersey

• The New Security Interests (Jersey) Law 201- (the "New SIL") (yet to come into force)

  An executive summary - January 2012
  - Carey Olsen

• Planning Law: The Court can remit matters back to the Minister on appeal

  Summary The Royal Court has just handed down a judgment in a case involving an appeal against a decision of the Minister (then Senator Cohen) to refuse planning permission which is significant in two respects.
  - Carey Olsen

• MULTI-JURISDICTIONAL GUIDE 2012 INVESTMENT FUNDS

  Jersey James Mulholland, Robert Milner and Daniel O’Connor - Carey Olsen
  - Carey Olsen

• Jersey opens doors to Private Placement Funds

  The Jersey Financial Services Commission has adopted a new policy setting out a fast track, self-certification procedure for authorising a "Private Placement Fund", being a fund: • which is either established in Jersey or managed in Jersey • which is closed ended • whose units are offered to not more than fifty investors • which only admits "sophisticated investors" or professional investors" (see appendix)
  - Carey Olsen

• Jersey Private Placement Funds

  From January 2012 a new streamlined regulatory authorisation process for the establishment of privately placed funds is available in Jersey.
  - Mourant Ozannes

• Treasury services for local Jersey property developer clients

  Enhancing client cash deposits
  - Ogier

• Directors' concerns: Distributions and dividends

  Distributions and dividends
  - Mourant Ozannes

• The Precarious Business of Providing a Reference

  Providing a reference for a departing or former employee can be a tricky task. Any negligent or deliberate errors could lead to compensation pay-outs and it is therefore crucial to strike the right balance.
  - Bedell Cristin

• To Earmark Or Not To Earmark

  This briefing sets out some of the concerns that clients are sharing in relation to earmarking trust assets for share plan management and a practical solution to this problem.
  - Ogier

• Establishing and Operating a Cayman Investment Fund

  A. INVESTMENT FUNDS 1. Documents 1.1 Generally, the documents involved in the establishment of an investment fund in the Cayman Islands include the following:
  - Ogier