- Managers of Wealth - Legal - Wealth, private banking and asset management news and opinion

Luxembourg Court Confirms Arm’s Length Remuneration Tax Requirement for Undisclosed Intra-Group Counter-Guarantee

In a judgment dated 18 March 2026 (No. 48905), the Luxembourg Administrative Tribunal (Tribunal administratif – the “Court”) ruled on the tax consequences of an undisclosed counter-guarantee within an intra-group financing structure.

UK High Court orders £11 million distribution and makes landmark cost ruling in investment bank special administration

The court also found that, despite spending over a year developing the application, no substantive progress had been made towards achieving the objectives of the special administration in the meantime, including the return of client assets.

The BVI court’s insolvency jurisdiction is frequently engaged in the enforcement of foreign judgment debts and arbitral awards.

Drelle: UK Supreme Court confirms unrecognised foreign judgments can support bankruptcy petitions

Creditors in both jurisdictions can now rely on unrecognised foreign judgments when seeking access to insolvency remedies.

French Supreme Court broadens protection against abuse of vulnerability in contract formation

Rejecting the petition, the Cour de cassation articulated two principles that are likely to shape the future application of Article 1143.

UK High Court orders £11 million distribution and makes landmark cost ruling in investment bank special administration

While the courts generally afford considerable deference to court-appointed administrators, these judgments demonstrate that such deference has limits.

Irish High Court abolishes shareholder rule on legal advice privilege

The court concluded that shareholders do not have a right to override legal advice privilege purely on the basis of holding shares alone unless that restriction is waived by the company itself.

Dentons successfully defends Rebel Wilson in defamation case

The proceedings arose from a dispute involving Ms MacInnes, the lead actress in Ms Wilson’s directorial debut film The Deb.

NRSC v. FEC: Supreme Court Invalidates Limits on Political Parties’ Coordinated Spending

Election Campaign Act limits on political party coordinated expenditures violate the First Amendment, overruling an earlier decision.

The Security Interests (Jersey) Law 2012: what Rassmal v ASG means for security enforcement and valuation

The Court's decision in Rassmal Investments LLC v Mubarak Abdullah Al Suwaiket & Sons [2025] JRC 220 (Rassmal v ASG) builds on and refines the approach taken in earlier Jersey cases.

Directors Cannot Delay Shareholder Votes: Cayman Court Limits Postponement Powers

The decision provides several practical lessons for practitioners and boards alike.

A Warning to Litigants Seeking Funding: English High Court Clarifies the Limits of Litigation Privilege

The most significant aspect of the judgment concerns litigation privilege.

Cayman Islands Court of Appeal decides the costs of unadmitted foreign lawyers are unrecoverable

A number of earlier Grand Court decisions had proceeded on the assumption that a dispensation power of the court existed in regard to the strict application of the Order.

Lukes & Others v Sovereign Trust: expert evidence and the limits of case management appeals in Guernsey 

By establishing clear guidance on these principles, the decision has set a benchmark for future civil claims. 

Your injunction's reach is only as wide as its words – The Hong Kong Court of Final Appeal clarifies the limits of contempt liability

A defendant may be responsible for another person’s acts

Court Cases

Luxembourg Court Confirms Arm’s Length Remuneration Tax Requirement for Undisclosed Intra-Group Counter-Guarantee

UK High Court orders £11 million distribution and makes landmark cost ruling in investment bank special administration

The BVI court’s insolvency jurisdiction is frequently engaged in the enforcement of foreign judgment debts and arbitral awards.

Drelle: UK Supreme Court confirms unrecognised foreign judgments can support bankruptcy petitions

French Supreme Court broadens protection against abuse of vulnerability in contract formation

UK High Court orders £11 million distribution and makes landmark cost ruling in investment bank special administration

Irish High Court abolishes shareholder rule on legal advice privilege

Dentons successfully defends Rebel Wilson in defamation case

NRSC v. FEC: Supreme Court Invalidates Limits on Political Parties’ Coordinated Spending

The Security Interests (Jersey) Law 2012: what Rassmal v ASG means for security enforcement and valuation

Directors Cannot Delay Shareholder Votes: Cayman Court Limits Postponement Powers

A Warning to Litigants Seeking Funding: English High Court Clarifies the Limits of Litigation Privilege

Cayman Islands Court of Appeal decides the costs of unadmitted foreign lawyers are unrecoverable

Lukes & Others v Sovereign Trust: expert evidence and the limits of case management appeals in Guernsey

Your injunction's reach is only as wide as its words – The Hong Kong Court of Final Appeal clarifies the limits of contempt liability

New research finds Saudi courts reject almost 90% of arbitration annulment bids

JPLs, Directors and Arbitration: Grand Court Clarifies the Scope of Provisional Liquidators' Powers

Property, Fairness and the Constitution: The Grand Court Marks the Boundaries of Freedom of Information

Holding the firewall: Court confirms BVI law governs trusts of BVI company shares

Latham Secures Important Supreme Court Victory for Everyday Bankruptcy Filers