The Legal 500

MJ Hudson

THIRD FLOOR, 22 HILL STREET, ST HELIER, JE2 4YE, JERSEY
Tel:
Work 01534 712900
Fax:
Fax 01534 712901
Web:
www.mjhudson.com
Email:
St Helier, London

Hiren Patel

Tel:
Work 01534 712988
Email:
MJ Hudson

Position

Specialises in mutual funds (private equity, COBO, expert, institutional); listings (London Main Board, AIM, Plus Markets, CISX); securitisations; corporate finance (international and domestic); structured finance (secured and unsecured, syndicated and main line); insurance (captives, reinsurance, and credit lines).

Career

Qualified solicitor England and Wales 1991; qualified solicitor Hong Kong 1994; barrister and attorney Bermuda 2001; partner (head of corporate department, Jersey) Walkers; partner (founding partner London office) Appleby’s; partner VerrasLaw.

Languages

Cantonese, Mandarin, Hindi, Gujerati.

Member

Law Society England and Wales; Law Society Hong Kong; Bermuda Bar Association.

Education

Island School, Hong Kong; Nottingham Trent University (1988 LLB Hons); Leeds Business School (1997 MBA merit).

Leisure

Sailing (competes in international regattas); rugby (played competitively at a high level, now prefers to watch); travel (as often as possible).

Practice Areas

International capital markets; Corporate and commercial; Corporate finance

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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
  • Tantular v AG: Royal Court in Jersey provides clarification as to the impact of saisies judiciaires

    The Royal Court in Jersey has recently determined that a saisie judiciaire may not be granted over the assets of a discretionary trust merely on the grounds that the offender (or suspected offender, as the case may be) is a beneficiary. Whilst the Court acknowledged that there were some instances in which a saisie judiciaire would have an impact on a trust, in Tantular v AG [2014] JRC128, the Court held that a saisie judiciaire which froze an entire Trust, to the detriment of the other, innocent beneficiaries, would be both prejudicial and disproportionate. The Court also stressed that a beneficiary's interest in a trust and corresponding right to trust property is no more than a mere right to be considered as a recipient of benefit.  Read more...
  • Private Equity Funds made easier in the Cayman Islands

    Private equity funds are set to benefit from updates to the Cayman Islands Exempted Limited Partnership Law.  The Cayman Islands has once again shown itself to be an innovative and responsive jurisdiction in terms of providing user-friendly and practical legislation.  The Exempted Limited Partnership Law, 2014 will come as a welcome relief to an industry post-global financial crisis otherwise suffering from a severe case of "regulatory fatigue". Read more...
  • Revisions to the Cayman Islands Exempted Limited Partnership Law

    A long-anticipated overhaul of the Cayman Islands Exempted Limited Partnership Law was enacted by the Cayman Islands Government on 2 July 2014.  Changes have been introduced to simplify, clarify and add flexibility to the establishment and ongoing operation of Cayman Islands exempted limited partnerships. Read more...
  • BVI Approved Managers Regime

    The Investment Business (Approved Managers) Regulations, 2012 (the Approved Manager Regulations) provides an attractive "regulatory light" option for qualifying investment managers and advisors. The application process under the Approved Manager Regulations is generally quick and straightforward making it an appealing and popular option for both start-up and existing qualifying investment managers and advisors. Read more ...
  • CIMA introduces new director registration and licensing regime

    The Cayman Islands Government has brought into force the Directors Registration and Licensing Law, 2014 providing for the registration and licensing of individuals or companies appointed as directors of Cayman Islands mutual funds and entities carrying out securities investment business, which would include Cayman Islands incorporated or registered investment managers.   Read more...
  • Continuing obligations for BVI private and professional funds

    A summary of the on-going obligations for BVI private and professional funds.  Read more...
  • Cayman Islands introduces third party rights legislation

    The Cayman Islands government has today implemented the Contracts (Rights of Third Parties) Law, 2014, which provides a statutory framework permitting contracting parties to allow persons who are not party to contracts governed by Cayman Islands law, but who are expressed by the terms of the contract as benefiting under it, to enforce provisions of the contract.   Read more...
  • Investment Funds in the British Virgin Islands

    This briefing is intended to provide an overview of Investment Funds in the British Virgin Islands.   Read more...
  • Cayman Court of Appeal clarifies the scope of the international cooperation provisions

    In a judgment delivered on 16 April 2014, the Cayman Court of Appeal has ruled that the Cayman Court has jurisdiction under sections 241 and 242 of the Companies Law to apply transaction avoidance provisions of Cayman Islands insolvency law (but not foreign insolvency law) in aid of a foreign insolvency proceeding. The decision turns on the construction of the relevant sections of the law, rather than the facts of the individual case. For that reason it is likely to have wide ranging ramifications as a binding precedent.   Read more...
  • Interim costs orders: a power and a presumption

    The Court of Appeal has ruled, for the first time, that it has the power to make an order for an interim payment on account of costs. As well as clarifying whether it had the power to make such an order, the court also discussed whether a presumption to do so exists as a matter of principle, and suggested certain revisions to both the Court of Appeal (Civil) Rules 1964 and to the Royal Court Rules 2004.   Read more...