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Mourant | Jersey | 18 May 2022

New enhancements to the Jersey Limited Partnerships Law

On 27 April 2022, the States of Jersey adopted the Limited Partnerships (Amendment No. 2) (Jersey) Law (the Draft Law) with a view to the amendments…
Audio

Mourant | Jersey | 18 May 2022

Mourant Vlog Series : Wealth planning - why good governance is so important

In this vlog Fred Milner discusses the importance of good governance in wealth planning. This is a part of a series of practical vlogs in which we…
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Ogier | British Virgin Islands, Cayman Islands, Guernsey, etc. | 17 May 2022

Close-out netting and set-off provisions for BVI, Cayman Islands, Guernsey, Jersey and Luxembourg counterparties

The current geo-political climate is contributing to the rapid rise to inflation rates in many countries around the world. Governments have reacted…
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Carey Olsen | Jersey | 12 May 2022

Upgrades to Jersey's Limited Partnership Law

Jersey is shortly to introduce some refinements to the Limited Partnerships (Jersey) Law 1994 (the “LP Law”) to ensure that the Jersey limited…
Commentary
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Ogier | Jersey | 12 May 2022

Jersey Royal Court reaffirms approach to indemnification of trustees

In the recent case of Representation of White Willow (Trustees) Limited, the Royal Court reaffirmed a trustee's broad right to an indemnity as reasonable security when making an interim distribution to beneficiaries. While this may be an uncontroversial principle, in this case the Royal Court helpfully confirmed that it was unnecessary for a trustee to have to demonstrate, as a precursor, the......
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Ogier | Jersey | 11 May 2022

Snapshot: obtaining indemnity costs against a litigant in Jersey

In a recent further judgment in Cohen & Crooks as Joint Administrators for the Estate of James Donald Hanson & Anor v Arbitrage Research and Trading…
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Ogier | Global, Guernsey, Jersey | 5 May 2022

Channel Islands Funds Quarterly: Q1 2022

The International Stock Exchange (TISE) has announced record turnover, profit and earnings per share for the second consecutive year. Turnover…
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Ogier | Jersey | 5 May 2022

What happens if I don't make a will?

Making a will takes such a small amount of time, yet there is still a high proportion of people who die without leaving a valid will, known as Dying…
Commentary
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Ogier | Jersey | 4 May 2022

Zero-hours contracts proposal approved in Jersey – exclusivity to become unenforceable

Earlier this year, Social Security Minister Deputy Judy Martin lodged a proposition that would prevent employers from requiring zero-hours-contract employees to work exclusively for their business. This proposition was in response to a States Assembly decision in 2021 that exclusivity clauses in zero-hours contracts should be banned. The amendment to the Employment Law has now been approved......
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Mourant | Jersey | 29 Apr 2022

Stamp Duty, LTT and EPT in Jersey

Stamp duty is payable by the buyer on a freehold purchase. Land Transaction Tax ('LTT') is payable by the buyer on most residential share transfer…
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