Alexander English promoted to Equity Partner
Hatstone is very pleased to announce the promotion of Advocate Alexander English to Equity Partner of the Hatstone Jersey law firm. Advocate Carl O’Shea said: “Alexander is an experienced Jersey litigator with his principal areas of expertise being family and civil matters including disputes relating to trusts, breach of contract, employment, property and wills. He appears mainly in the higher
Read More888 Holdings acquires William Hill group
Congratulations to 888 Holdings Hatstone is pleased to congratulate 888 Holdings on its US$1.95bn acquisition of the William Hill group (non-US assets) from Caesars Entertainment. Hatstone’s Mark Rawlins advised on the Jersey gambling regulatory aspects of the acquisition in connection with the required notifications to the JGC. We wish both William Hill in Jersey and
Read MorePress Release – Team PLC
Hatstone Lawyers advised TEAM plc (“TEAM”), the AIM-listed wealth, asset management and complementary financial services group, in connection with the acquisition of the entire issued share capital of Concentric Group Limited (“Concentric”), subject to final approval from the Jersey Financial Services Commission. Concentric Group Concentric is a Jersey-based financial planning and investment consultancy business, delivering
Read MorePress Release
Press Release – Hatstone Lawyers Hatstone Lawyers in Jersey and Dublin acted for Thimba Media Limited (“Thimba”) in connection with the purchase of the entire issued share capital of Seven Star Digital Limited, which was completed in December 2021. Thimba, headquartered in Waterford Ireland, aims to become the world’s largest data-driven iGaming affiliate, providing the
Read MoreTeam PLC
Hatstone Lawyers advise Team PLC Hatstone Lawyers advised Team PLC (“TEAM”), the AIM listed wealth, asset management and complementary financial services group, in connection with the acquisition of the entire issued share capital of Omega Financial Services (Jersey) Limited (“Omega”), subject to final approval from the Jersey Financial Services Commission. Omega Omega is a Jersey-based
Read MorePanama Update – Immigration
Panama Immigration Panama Immigration changes – by Executive Decrees Numbered 197, 198 and 199 the Panama Government has now introduced a new visa for remote workers and has amended the popular Friendly Nations Visa and the Reforestation Visa regimes. Panama Immigration Short Stay Visas for Remote Workers In recognition of more people wishing and being
Read MorePanama Update – Tax and Real Estate
Panama Tax Amnesty Panama has recently approved a new tax amnesty. The new amnesty provides for a discount of 85% on interest and penalties in relation to outstanding annual taxes for companies and foundations. Panama Tax Amnesty Expiration The amnesty will expire on 31 August 2021. This is a good opportunity to get your companies
Read MoreBVI – Economic Substance: Enforcement and penalties for non-compliance
The penalties imposed by the Economic Substance (Companies and Limited Partnership) Act, 2018 (“ESA”) are intended to be rigorous, effective, and dissuasive, ranging from financial penalties to striking off from the registry. The BVI International Tax Authority (“ITA”) is responsible for assessing and enforcing compliance with the requirements of the ESA. Assessment Following the assessment
Read MoreHatstone appoints new BVI corporate counsel for its BVI office
Hatstone is pleased to announce that Mark Harbison has been appointed as BVI corporate counsel. Based in Hatstone’s BVI office, Mark will continue to specialise in banking, finance and corporate matters. He has also previously advised on a variety of regulatory reviews and contributed to multiple client guides and BVI articles in the industry press, including Practical
Read MoreHatstone’s BVI team advises the Bank of London and The Middle East plc
Hatstone’s BVI team has advised the Bank of London and The Middle East plc (BLME), led by Paul DeCroos, Head of Real Estate Finance, on the BVI law aspects of its successful Sharia’a compliant financing of a valuable commercial property in Swindon. The team, led by Group Partner Philipp Neumann alongside Group Partner, Bella Ward, focused on the financing
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