Managers of Wealth - Legal http://legal.managersofwealth.com/ Sat, 20 Apr 2024 12:41:37 BST part of MediaG8way Group http://legal.managersofwealth.com/ http://legal.managersofwealth.com/assets/images/logo.png Managers of Wealth - Legal KohanaPHP Carey Olsen named Offshore Law Firm of the Year at the WealthBriefing European Awards News Team Friday, March 22, 2024 12:00 am http://legal.managersofwealth.com/article/76048/carey-olsen-named-offshore-law-firm-of-the-year-at-the-wealthbriefing-european-awards Carey Olsen has been named Offshore Law Firm of the Year at the twelfth annual WealthBriefing European Awards 2024. Wealth, Trusts and Family Office Teamwork makes the dream work: a look at collaboration with luxury brands in the hotels and hospitality space News Team Wednesday, February 14, 2024 12:00 am http://legal.managersofwealth.com/article/75615/teamwork-makes-the-dream-work-a-look-at-collaboration-with-luxury-brands-in-the-hotels-and-hospitality-space Collaboration need not always be through design Wealth, Trusts and Family Office Mourant achieves joint top spot in Private Client Global Elite Directory with 17 lawyers recognised News Team Friday, January 26, 2024 12:00 am http://legal.managersofwealth.com/article/75398/mourant-achieves-joint-top-spot-in-private-client-global-elite-directory-with-17-lawyers-recognised In addition, eight Mourant lawyers have been awarded Private Client Global Excellence accolades. Wealth, Trusts and Family Office Nancy Chien recognised in the eprivateclient 50 Most Influential list for the third consecutive year News Team Wednesday, January 17, 2024 12:00 am http://legal.managersofwealth.com/article/75285/nancy-chien-recognised-in-the-eprivateclient-50-most-influential-list-for-the-third-consecutive-year Nancy and her team advise UHNW families, family office and intermediaries Wealth, Trusts and Family Office eprivateclient recognises James Campbell in 50 Most Influential list for sixth consecutive year News Team Wednesday, January 17, 2024 12:00 am http://legal.managersofwealth.com/article/75286/eprivateclient-recognises-james-campbell-in-50-most-influential-list-for-sixth-consecutive-year The accolade follows a tough judging process Wealth, Trusts and Family Office Key trends shaping the landscape of private wealth disputes News Team Friday, December 01, 2023 12:00 am http://legal.managersofwealth.com/article/74811/key-trends-shaping-the-landscape-of-private-wealth-disputes The mechanisms by which the establishment of a trust or an apportionment of trust assets can be invalidated are, absent demonstrating the existence of sham, very limited. Wealth, Trusts and Family Office Withers wins £3m refinancing dispute for wealth management client News Team Wednesday, November 22, 2023 12:00 am http://legal.managersofwealth.com/article/74697/withers-wins-amppound3m-refinancing-dispute-for-wealth-management-client We successfully obtained judgment against the companies during the disclosure stage of the proceedings. Wealth, Trusts and Family Office A new lifeline: how family offices are funding unmet medical needs News Team Wednesday, November 22, 2023 12:00 am http://legal.managersofwealth.com/article/74700/a-new-lifeline-how-family-offices-are-funding-unmet-medical-needs The changing role of family offices in impact-driven innovation is reflective of shifts in the wider investment landscape Wealth, Trusts and Family Office The future of the trust industry? News Team Tuesday, November 21, 2023 12:00 am http://legal.managersofwealth.com/article/74689/the-future-of-the-trust-industry The data collected during the life of the pilot will ultimately be anonymised and turned into insights by data analysts. Wealth, Trusts and Family Office Conversations with the next gen: a little knowledge goes a long way in private wealth planning News Team Wednesday, November 01, 2023 12:00 am http://legal.managersofwealth.com/article/74457/conversations-with-the-next-gen-a-little-knowledge-goes-a-long-way-in-private-wealth-planning For instance, the older generation or predecessors may have a primary focus of maintaining and growing family wealth Wealth, Trusts and Family Office Preparing businesses for director incapacity in the UK News Aggregation Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76354/preparing-businesses-for-director-incapacity-in-the-uk In this article we consider specifically a director's mental incapacity Government Regulation Financial firms should plan ahead as Irish regulator publishes final SEAR regulations News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76364/financial-firms-should-plan-ahead-as-irish-regulator-publishes-final-sear-regulations While there are not substantive changes in the final SEAR regulations from the draft regulations Government Regulation Human rights protections inhibit employer sanctions over lawful strike action, rules Supreme Court News Team Thursday, April 18, 2024 1:00 am http://legal.managersofwealth.com/article/76335/human-rights-protections-inhibit-employer-sanctions-over-lawful-strike-action-rules-supreme-court Employers should continue to exercise caution when considering whether to impose a detriment short of dismissal in the context of workers participating in lawful industrial action. Government Regulation Irish government delays Unified Patent Court referendum News Team Thursday, April 18, 2024 1:00 am http://legal.managersofwealth.com/article/76336/irish-government-delays-unified-patent-court-referendum Patent litigation would remain fragmented across different national courts Government Regulation Irish government delays Unified Patent Court referendum News Team Thursday, April 18, 2024 1:00 am http://legal.managersofwealth.com/article/76338/irish-government-delays-unified-patent-court-referendum Patent litigation would remain fragmented across different national courts Government Regulation Hong Kong | Empowering resolution: Exploring the benefits of collaborative law in modern dispute resolution News Team Thursday, April 18, 2024 1:00 am http://legal.managersofwealth.com/article/76340/hong-kong-empowering-resolution-exploring-the-benefits-of-collaborative-law-in-modern-dispute-resolution The underlying model is to avoid litigation and to represent clients and facilitate a participatory negotiation process for the purpose of achieving creative settlements. Government Regulation Jersey employment law updates: recent changes and horizon scanning News Team Wednesday, April 17, 2024 1:00 am http://legal.managersofwealth.com/article/76320/jersey-employment-law-updates-recent-changes-and-horizon-scanning Jersey already has flexible working established as a statutory right, but the number of times an employee can request it is changing. Government Regulation MiFID II investment firm licences and MiCA: Two for one News Team Wednesday, April 17, 2024 1:00 am http://legal.managersofwealth.com/article/76321/mifid-ii-investment-firm-licences-and-mica-two-for-one CIFs will be able to provide crypto-asset services by submitting a simple notification to CySEC Government Regulation Rent controls may be deterring investment in Scotland’s private rented sector News Team Wednesday, April 17, 2024 1:00 am http://legal.managersofwealth.com/article/76324/rent-controls-may-be-deterring-investment-in-scotlandamprsquos-private-rented-sector The Scottish government has introduced a transitional rent control framework Government Regulation Regulatory report flags potential risk areas for Irish fund managers News Team Wednesday, April 17, 2024 1:00 am http://legal.managersofwealth.com/article/76325/regulatory-report-flags-potential-risk-areas-for-irish-fund-managers For fund managers, the principal risks identified by the Central Bank are those associated with leverage and liquidity, conflicts of interest, delegation and outsourcing, sustainable finance, and cybersecurity. Government Regulation Foreign dividends reform ‘a boost Ireland’s holding company credentials’ News Team Wednesday, April 10, 2024 1:00 am http://legal.managersofwealth.com/article/76246/foreign-dividends-reform-amplsquoa-boost-irelandamprsquos-holding-company-credentialsamprsquo The proposal is to apply the exemption to “foreign dividends and other types of distributions that represent income Tax VAT anti-abuse and domestic presumptions News Team Monday, April 08, 2024 1:00 am http://legal.managersofwealth.com/article/76218/vat-anti-abuse-and-domestic-presumptions Rebuttable presumptions based on the volume of turnover were an inappropriate and illegal basis for applying the abuse of law principle Tax Allen & Overy’s Scott Cockerham on tax insurance in green energy credit deals News Team Thursday, April 04, 2024 1:00 am http://legal.managersofwealth.com/article/76186/allen-ampamp-overyamprsquos-scott-cockerham-on-tax-insurance-in-green-energy-credit-deals Allen & Overy’s Scott Cockerham on tax insurance in green energy credit deals Tax NHS parking charges should be free of VAT, Court of Appeal rules News Team Tuesday, March 26, 2024 12:00 am http://legal.managersofwealth.com/article/76083/nhs-parking-charges-should-be-free-of-vat-court-of-appeal-rules Having concluded on this point, the Court of Appeal considered whether non-taxation of NHS parking would create a distortion of competition. Tax Irish tax treatment of some intra-group payments to change from 1 April News Team Monday, March 25, 2024 12:00 am http://legal.managersofwealth.com/article/76071/irish-tax-treatment-of-some-intra-group-payments-to-change-from-1-april The change is given legal effect by the Finance (No. 2) Act 2023 and was trailed in a feedback statement issued by the Irish Department of Finance in July last year. Tax Don't let your trust fall short: how tax season can reveal funding gaps News Team Thursday, March 21, 2024 12:00 am http://legal.managersofwealth.com/article/76028/donamp039t-let-your-trust-fall-short-how-tax-season-can-reveal-funding-gaps Another way to confirm your trust funding is to double-check the property tax bills for your real property Tax OECD approach to ‘Amount B’ a milestone but global tax challenges remain News Team Friday, March 15, 2024 12:00 am http://legal.managersofwealth.com/article/75965/oecd-approach-to-amplsquoamount-bamprsquo-a-milestone-but-global-tax-challenges-remain Tax rules provide that transactions between connected parties should be taxed as if they were on arm's length terms. Tax Termination triggering discrimination claims: taxation News Team Tuesday, March 12, 2024 12:00 am http://legal.managersofwealth.com/article/75915/termination-triggering-discrimination-claims-taxation The question whether a payment is received in consequence of or otherwise in connection with termination of employment is to be construed widely Tax UK taxpayers: time to disclose income and gains on cryptoassets News Team Monday, March 11, 2024 12:00 am http://legal.managersofwealth.com/article/75899/uk-taxpayers-time-to-disclose-income-and-gains-on-cryptoassets The key benefits of making an unprompted disclosure include reduced penalties and the waiving of late payment interest charges. Tax HK Budget 2024-25: A Closer Look at the Tax Reforms News Team Wednesday, March 06, 2024 12:00 am http://legal.managersofwealth.com/article/75855/hk-budget-2024-25-a-closer-look-at-the-tax-reforms According to the government, this change will primarily affect some of the city's wealthiest individuals, impacting around 12,000 taxpayers Tax Can separating couples share a lawyer? News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76355/can-separating-couples-share-a-lawyer Models like our 'Uncouple' one-couple-one-lawyer service, Resolution’s 'Resolution Together', and others like them, allow one lawyer to work with the couple to find sensible, workable solutions together. Comment, Analysis & Research 42 Dentons lawyers recognised in Australia by Best Lawyers News Team Thursday, April 18, 2024 1:00 am http://legal.managersofwealth.com/article/76334/42-dentons-lawyers-recognised-in-australia-by-best-lawyers Dentons Australia Region Chair, Doug Stipanicev, said he was proud of the number of lawyers who had been recognised this year. Comment, Analysis & Research Sandeep Dhama and Melissa Forbes-Miranda named in Legal 500 Powerlist News Team Thursday, April 18, 2024 1:00 am http://legal.managersofwealth.com/article/76347/sandeep-dhama-and-melissa-forbes-miranda-named-in-legal-500-powerlist The list, which is based on extensive research by The Legal 500, highlights the region's leading M&A counsel. Comment, Analysis & Research Thuy Nguyen named a 2024 Woman of Influence by GlobeSt. News Team Wednesday, April 17, 2024 1:00 am http://legal.managersofwealth.com/article/76332/thuy-nguyen-named-a-2024-woman-of-influence-by-globest Nguyen was honored at the annual GlobeSt. “Women of Influence” awards dinner Comment, Analysis & Research Crain’s New York Business names three New York partners 2024 Notable Leaders in Sustainability News Team Tuesday, April 16, 2024 1:00 am http://legal.managersofwealth.com/article/76307/crainamprsquos-new-york-business-names-three-new-york-partners-2024-notable-leaders-in-sustainability Profiles of the honorees were included online at CrainsNewYork.com and in the print issue of the publication on April 15. Comment, Analysis & Research Japanese FDI in Australia reaches a record high, says new report News Team Monday, April 15, 2024 1:00 am http://legal.managersofwealth.com/article/76287/japanese-fdi-in-australia-reaches-a-record-high-says-new-report The report predicts that 2024 will be another record M&A year for transactions, with economic conditions proving conducive for further investment. Comment, Analysis & Research Baker McKenzie Shortlisted for 22 Women in Business Law Awards 2024 News Team Monday, April 15, 2024 1:00 am http://legal.managersofwealth.com/article/76290/baker-mckenzie-shortlisted-for-22-women-in-business-law-awards-2024 The awards, launched in 2011 Comment, Analysis & Research Gibson Dunn Ranked Among the 2024 World’s Top Data Practices by GDR News Team Monday, April 15, 2024 1:00 am http://legal.managersofwealth.com/article/76291/gibson-dunn-ranked-among-the-2024-worldamprsquos-top-data-practices-by-gdr The firm was also ranked No. 2 in the Litigation category. Comment, Analysis & Research The Honorable Judge Kevin J. Carey (Ret.) News Team Monday, April 15, 2024 1:00 am http://legal.managersofwealth.com/article/76292/the-honorable-judge-kevin-j-carey-ret He joined the firm in 2019 Comment, Analysis & Research Appleby's Shanghai Office and Lawyers Become Invited Members of the Shanghai Bar Association News Team Monday, April 15, 2024 1:00 am http://legal.managersofwealth.com/article/76294/applebyamp039s-shanghai-office-and-lawyers-become-invited-members-of-the-shanghai-bar-association The Shanghai Bar Association, established in accordance with the Law of the People’s Republic of China on Lawyers, serves as an important legal body consisting of practicing lawyers in Shanghai. Comment, Analysis & Research Appleby Bermuda Makes 25th Holiday Donation to Star Charity News Team Wednesday, December 20, 2023 12:00 am http://legal.managersofwealth.com/article/75029/appleby-bermuda-makes-25th-holiday-donation-to-star-charity Appleby has been supporting STAR charity during the holidays since 1998, supporting six families with food hampers, fruit baskets and gifts, with gift certificates this year for 30 family members. Charity & Philanthropy Withers' charity and philanthropy team wins recognition in major legal directories News Team Friday, November 03, 2023 12:00 am http://legal.managersofwealth.com/article/74485/withersamp039-charity-and-philanthropy-team-wins-recognition-in-major-legal-directories The Withers’ charities and philanthropy team has been recognised as a top tier practice by leading directories Legal 500 and Chambers and Partners for 2023/2024. Charity & Philanthropy Carey Olsen partners with World Triathlon Bermuda and legal team compete to raise funds for Family Centre Bermuda News Team Tuesday, October 11, 2022 1:00 am http://legal.managersofwealth.com/article/70064/carey-olsen-partners-with-world-triathlon-bermuda-and-legal-team-compete-to-raise-funds-for-family-centre-bermuda Carey Olsen Bermuda is a supporter of many community-based sports and activities. Charity & Philanthropy Ethical investment - latest for charities on striking the right balance News Team Friday, May 13, 2022 1:00 am http://legal.managersofwealth.com/article/68241/ethical-investment-latest-for-charities-on-striking-the-right-balance How should charity trustees approach the thorny issue of avoiding investments that conflict with their charity’s purposes whilst at the same time trying to maximise financial returns? This was the dilemma at the heart of a recent High Court ruling Charity & Philanthropy Cayman Islands Foundation Companies for DAOs, Defi and NFTs News Team Thursday, April 07, 2022 1:00 am http://legal.managersofwealth.com/article/67795/cayman-islands-foundation-companies-for-daos-defi-and-nfts One of the most important considerations, as explained further below, is the Cayman Virtual Assets (Service Providers) Act (VASP Act) and how it might impact a project. Charity & Philanthropy Bedell Cristin sponsors artwork installation at La Vallette Bathing Pools in collaboration with GCFE young designers News Team Friday, August 20, 2021 1:00 am http://legal.managersofwealth.com/article/64520/bedell-cristin-sponsors-artwork-installation-at-la-vallette-bathing-pools-in-collaboration-with-gcfe-young-designers There will be a focus on education, the history and heritage of the site, sustainability, the environment and social interaction. Charity & Philanthropy Philanthropy 2021: 'Doing Better at Doing Good' News Team Friday, August 13, 2021 1:00 am http://legal.managersofwealth.com/article/64398/philanthropy-2021-amp039doing-better-at-doing-goodamp039 Many philanthropic funders rose to the occasion and expanded their grants programmes to accommodate the uncertainty and increasing need. Charity & Philanthropy Bird & Bird becomes pro-bono partner of FEDORA to support sustainability, equality and digital transformation in performing arts News Team Friday, June 18, 2021 1:00 am http://legal.managersofwealth.com/article/63543/bird-ampamp-bird-becomes-pro-bono-partner-of-fedora-to-support-sustainability-equality-and-digital-transformation-in-performing-arts FEDORA is a non-profit organisation at the forefront of cultural and artistic creation and philanthropy, with 96 member organisations in 26 countries. Charity & Philanthropy Appleby Donates $25,000 to Bermuda Hospital Vaccination Clinic News Team Thursday, April 22, 2021 1:00 am http://legal.managersofwealth.com/article/62710/appleby-donates-25000-to-bermuda-hospital-vaccination-clinic The donation is to assist in the operating costs of the King Edward Memorial Hospital Covid-19 Vaccination Clinic. Charity & Philanthropy Reduce inheritance tax by leaving a gift to charity News Team Monday, March 08, 2021 12:00 am http://legal.managersofwealth.com/article/62122/reduce-inheritance-tax-by-leaving-a-gift-to-charity The reduced rate of 36% applies where the individual leaves at least 10% of their net estate, known as ‘the baseline amount’, to charity. Charity & Philanthropy Jersey funds law series - professional investor regulated scheme exemption for service providers News Team Friday, October 27, 2023 1:00 am http://legal.managersofwealth.com/article/74417/jersey-funds-law-series-professional-investor-regulated-scheme-exemption-for-service-providers The administration and management of Jersey investment structures can be complex and requires service providers to be aware of the regulatory requirements and exemptions that they may face when providing relevant services in respect of such structures. Money Laundering and AML British Virgin Islands: Premier Andrew Fahie arrested in US drug sting News Team Friday, April 29, 2022 1:00 am http://legal.managersofwealth.com/article/68080/british-virgin-islands-premier-andrew-fahie-arrested-in-us-drug-sting Premier Andrew Fahie was detained in Miami by US agents posing as cocaine traffickers from a Mexican drug cartel. Money Laundering and AML The sports industry: Laundering more than dirty kit? News Team Friday, April 29, 2022 1:00 am http://legal.managersofwealth.com/article/68084/the-sports-industry-laundering-more-than-dirty-kit But unfortunately, the reality is that the sports industry can be an attractive target for criminal activity, including money laundering. Money Laundering and AML Gambling AML: Money Laundering Through Casinos News Aggregation Team Friday, April 29, 2022 1:00 am http://legal.managersofwealth.com/article/68087/gambling-aml-money-laundering-through-casinos One of the industries with the biggest risk of money laundering is casinos. Money Laundering and AML Signatures for Sale: How Nominee Services for Shell Companies Are Abused to Conceal Beneficial Owners News Team Friday, April 29, 2022 1:00 am http://legal.managersofwealth.com/article/68089/signatures-for-sale-how-nominee-services-for-shell-companies-are-abused-to-conceal-beneficial-owners The report draws evidence from a global mystery shopping exercise based on thousands of solicitations for shell companies, as well as marketing information from shell company providers, and journalistic and policy research on the topic. Money Laundering and AML Guernsey AML News Team Thursday, March 31, 2022 1:00 am http://legal.managersofwealth.com/article/67700/guernsey-aml Guernsey has a democratic assembly known as the States of Guernsey; Alderney and Sark have their own parliaments. Money Laundering and AML 10 measures to expose sanctioned Russian oligarchs’ hidden assets News Team Friday, March 04, 2022 12:00 am http://legal.managersofwealth.com/article/67290/10-measures-to-expose-sanctioned-russian-oligarchsamprsquo-hidden-assets The Tax Justice Network has in response published a briefing detailing 10 transparency measures Money Laundering and AML More change proposed to Jersey's AML regime: Are you Exempt? News Team Thursday, February 24, 2022 12:00 am http://legal.managersofwealth.com/article/67173/more-change-proposed-to-jerseyamp039s-aml-regime-are-you-exempt The rationale for the application of certain current scope exemptions, which mean certain businesses do not have to comply with the anti-money laundering framework, was also identified by the MONEYVAL Report as a cause for concern. Money Laundering and AML US Treasury's AML report weighs against increased regulations in art market for now News Team Thursday, February 17, 2022 12:00 am http://legal.managersofwealth.com/article/67074/us-treasuryamp039s-aml-report-weighs-against-increased-regulations-in-art-market-for-now Contrary to what many had expected, however, FinCEN concluded that there is limited evidence of money laundering and little risk of terror financing through the sale of high value art. Money Laundering and AML EU AML update: solutions for affected Cayman securitisation entities News Team Tuesday, February 08, 2022 12:00 am http://legal.managersofwealth.com/article/66946/eu-aml-update-solutions-for-affected-cayman-securitisation-entities Regulations prohibits the establishment of securitisation special purpose entities (SSPEs) in countries listed on the EU AML blacklist Money Laundering and AML Bermuda – 2022 Economic Substance Declaration Form Updates, Registrar of Companies Compliance Reviews and Prospective Compliance Planning News Team Friday, May 27, 2022 1:00 am http://legal.managersofwealth.com/article/68414/bermuda-ampndash-2022-economic-substance-declaration-form-updates-registrar-of-companies-compliance-reviews-and-prospective-compliance-planning The Registrar has issued two industry notices during the past month. Offshore and IFC Cayman Court extends the timing of factual evidence in section 238 proceedings until third party disclosure is completed News Team Friday, May 27, 2022 1:00 am http://legal.managersofwealth.com/article/68420/cayman-court-extends-the-timing-of-factual-evidence-in-section-238-proceedings-until-third-party-disclosure-is-completed Sina Corporation effected a take-private merger in the Cayman Islands. Offshore and IFC Cayman Update: Return of Mistaken Payments held on Constructive Trust News Team Friday, May 27, 2022 1:00 am http://legal.managersofwealth.com/article/68421/cayman-update-return-of-mistaken-payments-held-on-constructive-trust The Court accepted that no benefit could have accrued to a payor in respect of a Mistaken Payment and that the Company would have been fixed with this knowledge at the time of receipt. Offshore and IFC Privy Council permits enforcement of arbitral award under New York Convention despite alleged lack of due process News Team Friday, May 27, 2022 1:00 am http://legal.managersofwealth.com/article/68422/privy-council-permits-enforcement-of-arbitral-award-under-new-york-convention-despite-alleged-lack-of-due-process The Convention provides a set of international legal standards for the recognition and enforcement of arbitration awards Offshore and IFC Fun and Games Ahead? News Team Thursday, May 05, 2022 1:00 am http://legal.managersofwealth.com/article/68134/fun-and-games-ahead In addition to outlining the new provisions, this article will explore the scope for abuse of the new regime by unscrupulous debtors. Offshore and IFC Snapshot: confidentiality in Cayman Islands arbitration proceedings News Team Thursday, May 05, 2022 1:00 am http://legal.managersofwealth.com/article/68135/snapshot-confidentiality-in-cayman-islands-arbitration-proceedings There are a number of other exception categories which are less likely to be available in a commercial context Offshore and IFC In Your Court: Offshore Dispute Resolution Review News Team Thursday, March 31, 2022 1:00 am http://legal.managersofwealth.com/article/67697/in-your-court-offshore-dispute-resolution-review This variety is reflected in the range of content from our team in this edition Offshore and IFC Russia Sanctions: Reporting obligations in BVI, Cayman, and Anguilla News Team Wednesday, March 30, 2022 1:00 am http://legal.managersofwealth.com/article/67668/russia-sanctions-reporting-obligations-in-bvi-cayman-and-anguilla Bermuda was not included in the UKOTs to which the 2019 Russia-UK Regulations were extended. Offshore and IFC International law firm merges with Dublin-based Solicitors News Team Wednesday, March 30, 2022 1:00 am http://legal.managersofwealth.com/article/67676/international-law-firm-merges-with-dublin-based-solicitors Ireland combines a thriving domestic market and a significant and growing centre for financial services excellence which we believe is a great fit for our next home jurisdiction. Offshore and IFC Ogier named best offshore firm News Team Friday, March 25, 2022 12:00 am http://legal.managersofwealth.com/article/67613/ogier-named-best-offshore-firm This year, more than 20,000 votes were cast in total, and the winners were announced at gala event in London on Thursday 24 March. Offshore and IFC Dentons adds seasoned State and Local Tax (SALT) lawyer to Birmingham office News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76351/dentons-adds-seasoned-state-and-local-tax-salt-lawyer-to-birmingham-office He advises on state and local tax matters related to tax and business planning People Moves Dentons welcomes new partner to London Litigation & Arbitration team News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76352/dentons-welcomes-new-partner-to-london-litigation-ampamp-arbitration-team Alex is an experienced litigator and has acted for a range of FTSE 100 and multinational companies People Moves Collas Crill's private client team strengthened by appointment News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76359/collas-crillamp039s-private-client-team-strengthened-by-appointment She will now re-join the non-contentious side of the Private Client Team alongside Victoria Yates. People Moves Herbert Smith Freehills boosts competition and antitrust offering with director appointment in Johannesburg News Team Thursday, April 18, 2024 1:00 am http://legal.managersofwealth.com/article/76337/herbert-smith-freehills-boosts-competition-and-antitrust-offering-with-director-appointment-in-johannesburg His practice also includes other regulatory fields such as advertising, postal, gambling as well as consumer protection. People Moves Banking and finance specialist joins Ogier in Luxembourg News Team Thursday, April 18, 2024 1:00 am http://legal.managersofwealth.com/article/76344/banking-and-finance-specialist-joins-ogier-in-luxembourg He is an in-demand speaker at industry events and a regular contributor to leading industry publications, including Inhouse Lawyer Magazine, the LPEA magazine and ACE. People Moves David Foster appointed as regional managing partner for A&O Shearman in Middle East, Turkey and Africa effective May 1, 2024 News Team Thursday, April 18, 2024 1:00 am http://legal.managersofwealth.com/article/76346/david-foster-appointed-as-regional-managing-partner-for-aampampo-shearman-in-middle-east-turkey-and-africa-effective-may-1-2024 David’s appointment follows the recent election of Khalid Garousha as senior partner of A&O Shearman. People Moves Freshfields welcomes 23 new partners News Team Thursday, April 18, 2024 1:00 am http://legal.managersofwealth.com/article/76348/freshfields-welcomes-23-new-partners The newly promoted partners represent all five practice groups and regions reflecting Freshfields’ global strategy and ongoing commitment to invest in talent around the globe. People Moves Freshfields Welcomes Leading Bay Area M&A Partner News Team Thursday, April 18, 2024 1:00 am http://legal.managersofwealth.com/article/76349/freshfields-welcomes-leading-bay-area-mampampa-partner Denny brings 25 years of experience representing companies on their most important M&A and other strategic transactions People Moves Heavy hitter infrastructure lawyer joins Norton Rose Fulbright in Los Angeles News Team Thursday, April 18, 2024 1:00 am http://legal.managersofwealth.com/article/76350/heavy-hitter-infrastructure-lawyer-joins-norton-rose-fulbright-in-los-angeles He will also be North America Co-Head of Infrastructure with Doug Fried and Canada Head of Infrastructure Jay LeMoine. People Moves Martin Byers and Chris Wall promoted to partner in Cayman Islands News Team Wednesday, April 17, 2024 1:00 am http://legal.managersofwealth.com/article/76318/martin-byers-and-chris-wall-promoted-to-partner-in-cayman-islands We take pride in supporting the personal and professional development of our people People Moves Evolving landscape of LP financing in Asia: Trends, challenges and innovations News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76353/evolving-landscape-of-lp-financing-in-asia-trends-challenges-and-innovations Fund managers, meanwhile, increasingly look for financing options to exploit opportunities in the secondaries market or fund their own contributions into continuation funds. Legal Advice The State of the Cloud Computing Market News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76356/the-state-of-the-cloud-computing-market Navigating the Cloudscape: Key Players Shaping the Cloud Computing Market. Legal Advice Latham & Watkins Advises Apollo on Concord’s Proposed US$1.4 Billion Acquisition of Hipgnosis News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76357/latham-ampamp-watkins-advises-apollo-on-concordamprsquos-proposed-us14-billion-acquisition-of-hipgnosis Cross-border team represents high-growth, global alternative asset manager in the music rights deal. Legal Advice Ogier advises ONE.IO on one of the first successful licence applications under BVI VASP Act News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76360/ogier-advises-oneio-on-one-of-the-first-successful-licence-applications-under-bvi-vasp-act ONE is a full-suite financial services provider of global payments, spot FX, crypto trading and crypto payment processing solutions. Legal Advice Conyers Advises Canaccord Genuity Corp. News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76361/conyers-advises-canaccord-genuity-corp Canaccord acted as lead underwriter to the offering on behalf of a syndicate of underwriters which included Jefferies Securities Inc. and Stifel Nicolaus Canada Inc. Legal Advice Harneys advises Mobile-health Network Solutions on NASDAQ listing News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76363/harneys-advises-mobile-health-network-solutions-on-nasdaq-listing The telehealth sector holds immense promise for revolutionising global healthcare Legal Advice Public service announcement: List with a BVICo! News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76366/public-service-announcement-list-with-a-bvico The BVI business company is known, trusted, and used around the world in a variety of contexts, with over 400,000 having been incorporated. Legal Advice Hogan Lovells advises Sartorius Group on a cooperation and minority shareholding in TheWell Bioscience Inc. News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76367/hogan-lovells-advises-sartorius-group-on-a-cooperation-and-minority-shareholding-in-thewell-bioscience-inc TheWell Bioscience Inc. develops, markets and sells VitroGel, a biofunctional animal-free synthetic hydrogel for three dimensional cell cultures. Legal Advice Greenberg Traurig Becomes Fully Incorporated in Kingdom of Saudi Arabia News Team Thursday, April 18, 2024 1:00 am http://legal.managersofwealth.com/article/76339/greenberg-traurig-becomes-fully-incorporated-in-kingdom-of-saudi-arabia Final government approval coincides with the firm’s first anniversary of KSA operations Legal Advice Greenberg Traurig Advises GLP on Logistics Property Acquisition in Philippsburg News Team Thursday, April 18, 2024 1:00 am http://legal.managersofwealth.com/article/76341/greenberg-traurig-advises-glp-on-logistics-property-acquisition-in-philippsburg Greenberg Traurig advised GLP on both the purchase agreement and the lease agreement, as well as on financing issues. Legal Advice CMA outlines initial concerns involving AI foundation models News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76365/cma-outlines-initial-concerns-involving-ai-foundation-models The CMA is concerned that the businesses which control the main inputs FinTech Global Data Review Ranks Ropes & Gray an Elite Firm for Data Law for Third Consecutive Year News Team Tuesday, April 16, 2024 1:00 am http://legal.managersofwealth.com/article/76306/global-data-review-ranks-ropes-ampamp-gray-an-elite-firm-for-data-law-for-third-consecutive-year The GDR 100 identifies and profiles the world’s best data law firms. FinTech Slaughter and May announces fourth Collaborate Cohort News Team Monday, April 15, 2024 1:00 am http://legal.managersofwealth.com/article/76288/slaughter-and-may-announces-fourth-collaborate-cohort For the fourth cohort, the firm sought to work with legal tech startups of all shapes and sizes – but those using generative AI were encouraged to apply. FinTech Seeing is deceiving: manipulated digital content, deepfakes and the law News Team Friday, April 12, 2024 1:00 am http://legal.managersofwealth.com/article/76275/seeing-is-deceiving-manipulated-digital-content-deepfakes-and-the-law The EU AI Act does say that AI systems that influence the outcomes of elections or voter behaviour are treated as high-risk systems. FinTech Noah Roworth has been shortlisted in the Jersey Finance Rising Stars awards 2024 News Team Wednesday, April 10, 2024 1:00 am http://legal.managersofwealth.com/article/76238/noah-roworth-has-been-shortlisted-in-the-jersey-finance-rising-stars-awards-2024 Noah was put forward by Director of Information Technology Craig Hartley FinTech New PCI DSS requirements for payment card processors in effect from 1 April News Team Monday, April 01, 2024 1:00 am http://legal.managersofwealth.com/article/76128/new-pci-dss-requirements-for-payment-card-processors-in-effect-from-1-april The fourth version of the standard will come into effect on 1 April, impacting all companies that handle cardholder data. FinTech Cracking the code: Legal hurdles for integrating AI in Singapore News Team Tuesday, March 26, 2024 12:00 am http://legal.managersofwealth.com/article/76087/cracking-the-code-legal-hurdles-for-integrating-ai-in-singapore The effectiveness of AI technology hinges on the quality of data sets used for training the AI tool. FinTech UK bitcoin money laundering case underscores key prevention role of professional services News Team Monday, March 25, 2024 12:00 am http://legal.managersofwealth.com/article/76060/uk-bitcoin-money-laundering-case-underscores-key-prevention-role-of-professional-services Wen was ultimately found guilty of an offence related to money laundering. FinTech AI moves the dial on addressing tech change in outsourcing contracts News Team Friday, March 22, 2024 12:00 am http://legal.managersofwealth.com/article/76054/ai-moves-the-dial-on-addressing-tech-change-in-outsourcing-contracts When a supplier is required under an outsourcing contract to engage in continuous improvement this will give a customer confidence that the supplier will consider technology FinTech How AI use in cyber attacks affects insurers’ risk exposure News Team Wednesday, March 20, 2024 12:00 am http://legal.managersofwealth.com/article/76014/how-ai-use-in-cyber-attacks-affects-insurersamprsquo-risk-exposure Insurers may also wish to consider how the use of AI to enable cyber attacks impacts more broadly across other insurance products FinTech ELTEMATE partners with Daato News Team Tuesday, April 16, 2024 1:00 am http://legal.managersofwealth.com/article/76314/eltemate-partners-with-daato Platforms, including Daato have been set up to help manage risk and provide confidence to the process. Planet SOS Kenya publishes plans for first nuclear power plant News Team Monday, April 15, 2024 1:00 am http://legal.managersofwealth.com/article/76300/kenya-publishes-plans-for-first-nuclear-power-plant It is anticipated that the nuclear energy development proposed by the plan will require approximately Kshs. 38.233 billion Planet SOS Australian solar energy sites face increased scrutiny over workers' health and safety News Team Friday, April 12, 2024 1:00 am http://legal.managersofwealth.com/article/76273/australian-solar-energy-sites-face-increased-scrutiny-over-workersamp039-health-and-safety Alongside the physical safety component, workers have also reported risks that have the capacity to negatively impact their psychological health. Planet SOS Herbert Smith Freehills advises VTTI on the acquisition of Adriatic LNG, Italy's largest LNG terminal News Team Tuesday, April 09, 2024 1:00 am http://legal.managersofwealth.com/article/76228/herbert-smith-freehills-advises-vtti-on-the-acquisition-of-adriatic-lng-italyamp039s-largest-lng-terminal A cross border team from Herbert Smith Freehills supported VTTI with the corporate, financing and regulatory aspects of the transaction. Planet SOS Managing risks in Australian offshore energy transmission projects News Team Wednesday, April 03, 2024 1:00 am http://legal.managersofwealth.com/article/76166/managing-risks-in-australian-offshore-energy-transmission-projects Transmission projects generally involve a split contracting model. Planet SOS Expanded leadership team for Herbert Smith Freehills' growing ESG practice News Team Wednesday, March 20, 2024 12:00 am http://legal.managersofwealth.com/article/76018/expanded-leadership-team-for-herbert-smith-freehillsamp039-growing-esg-practice Herbert Smith Freehills has announced four senior appointments to its global ESG leadership team to lead its growing ESG practice across the UK, US and EMEA Planet SOS Indonesia's new Rooftop Solar PV Regulation: a difficult balancing act News Team Monday, March 18, 2024 12:00 am http://legal.managersofwealth.com/article/75988/indonesiaamp039s-new-rooftop-solar-pv-regulation-a-difficult-balancing-act Indonesia has attempted to regulate the development and operation of Rooftop Solar Systems since 2018 Planet SOS Energy Harbor Completes Sale to Vistra News Team Thursday, March 14, 2024 12:00 am http://legal.managersofwealth.com/article/75954/energy-harbor-completes-sale-to-vistra This transaction expands Vistra’s leading integrated zero-carbon generation and retail electricity business Planet SOS Herbert Smith Freehills advises international lender syndicate on A$550m sustainability-linked loan for waste-to-energy project News Team Tuesday, March 12, 2024 12:00 am http://legal.managersofwealth.com/article/75911/herbert-smith-freehills-advises-international-lender-syndicate-on-a550m-sustainability-linked-loan-for-waste-to-energy-project Herbert Smith Freehills has advised a syndicate of international lenders on a sustainability-linked loan for the Kwinana Waste to Energy Project in Western Australia. Planet SOS SEC Issues Final Rule on Climate Disclosures News Team Friday, March 08, 2024 12:00 am http://legal.managersofwealth.com/article/75886/sec-issues-final-rule-on-climate-disclosures By Tara Giunta, Colin Diamond, Sean Donahue, Mehran Massih, Spencer Francis Young, Paige Rinderer, Meg Dennard & Hunter Nagai Planet SOS Absence of Assets in Mauritius - Not a Bar to the Recognition and Enforcement of Foreign Judgment News Team Wednesday, April 17, 2024 1:00 am http://legal.managersofwealth.com/article/76319/absence-of-assets-in-mauritius-not-a-bar-to-the-recognition-and-enforcement-of-foreign-judgment The claim before the Hong Kong Court was for the recovery of sums which the Applicant had extended to the Respondent Court Cases Australian court confirms pro-arbitration stance News Team Tuesday, April 16, 2024 1:00 am http://legal.managersofwealth.com/article/76316/australian-court-confirms-pro-arbitration-stance The court sided with ANSTO Court Cases Chief Justice Affirms Cayman's Availability for the Enforcement of Foreign Arbitral Awards News Team Thursday, April 11, 2024 1:00 am http://legal.managersofwealth.com/article/76255/chief-justice-affirms-caymanamp039s-availability-for-the-enforcement-of-foreign-arbitral-awards The Court referred to the strong public policy imperative in favour of the enforcement of arbitral awards Court Cases Dentons successfully defends client in jury trial against more than $51 Million in damages sought News Team Thursday, April 11, 2024 1:00 am http://legal.managersofwealth.com/article/76259/dentons-successfully-defends-client-in-jury-trial-against-more-than-51-million-in-damages-sought When we presented our case to the jury, it only took one hour of deliberation to return with a verdict favorable to our client. Court Cases Take Another Look: Investigation as a Standalone Basis for a Just and Equitable Winding up in the Cayman Islands News Team Wednesday, April 10, 2024 1:00 am http://legal.managersofwealth.com/article/76239/take-another-look-investigation-as-a-standalone-basis-for-a-just-and-equitable-winding-up-in-the-cayman-islands The Cayman Courts at least at first instance have developed an approach rooted in case law Court Cases Jersey's Royal Court holds that property of invalid non-charitable trusts can go to charity News Team Monday, April 08, 2024 1:00 am http://legal.managersofwealth.com/article/76205/jerseyamp039s-royal-court-holds-that-property-of-invalid-non-charitable-trusts-can-go-to-charity The Court reached these decisions in Representation of Equiom Trust Court Cases Withers secures defense victory for Kraken following month-long trial News Team Friday, April 05, 2024 1:00 am http://legal.managersofwealth.com/article/76189/withers-secures-defense-victory-for-kraken-following-month-long-trial The jury returned a complete defense verdict, finding that Payward, Inc. – which operates as Kraken – did not retaliate against the former employee for raising pay disparity concerns Court Cases Wind farm liable for nuisance in Ireland for the first time News Team Thursday, April 04, 2024 1:00 am http://legal.managersofwealth.com/article/76179/wind-farm-liable-for-nuisance-in-ireland-for-the-first-time Planning permission had been granted for the wind farm in 2004. Court Cases English Commercial Court sees increase in claims and continued international profile News Team Wednesday, April 03, 2024 1:00 am http://legal.managersofwealth.com/article/76167/english-commercial-court-sees-increase-in-claims-and-continued-international-profile The court is currently dealing with a number of significant groups of managed cases Court Cases Hogan Lovells wins crucial APA appeal for Inhance Technologies over EPA at 5th Circuit News Team Thursday, March 28, 2024 12:00 am http://legal.managersofwealth.com/article/76111/hogan-lovells-wins-crucial-apa-appeal-for-inhance-technologies-over-epa-at-5th-circuit In its ruling invalidating the orders, the Court agreed with Inhance Technologies that EPA lacked the statutory authority to issue these orders. Court Cases