News & Analysis as of

Domicile European Union

Conyers

Guiding Captives Through Global Developments

Conyers on

Bermuda formed the first modern captive in 1962 and remains the leading offshore captive domicile, with approximately 700 licenced captives on its register. Bermuda’s captive industry has remained resilient in the face of...more

A&O Shearman

EU FOREX Broker Faces Proceedings in Czech Courts Brought by "Consumer" Client Following EU Opinion

A&O Shearman on

Individuals who act outside their trade or profession when instructing brokers to execute FOREX contracts on their behalf must be regarded as "consumers" for the purposes of the Recast Brussels Regulation, according to a...more

BCLP

Domicile, Sweet Domicile: Bestolov –v-Povarenkin [2017] EWHC 1968 (Comm)

BCLP on

Home is where the heart is; home is also where a Claim Form can be served. Under the Recast Brussels Regulation a person “domiciled” in an EU Member State can be sued in the courts of that Member State, and such a claim...more

Latham & Watkins LLP

How Will Court of Appeal Decision in Sabbagh v Khoury and others Affect Future Article 6(1) Cases?

Latham & Watkins LLP on

The Brussels Regulation provides for an exception to the general rule that a claimant must sue a defendant in the EU Member State where the defendant is domiciled. The exception allows a claimant to sue a defendant where a...more

Carlton Fields

Brexit's Impact on the Insurance Industry

Carlton Fields on

Following the UK’s historic vote to leave the EU, numerous questions have arisen, including whether the UK will really leave the EU and whether Scotland and Northern Ireland (both of which voted to remain in the EU) will have...more

McGuireWoods LLP

Chancellor Scraps Permanent Non-Dom Status!

McGuireWoods LLP on

Until now, the UK has been one of the most welcoming jurisdictions in Europe where non-UK-domiciled individuals could live. Today, Chancellor George Osborne announced in his Summer Budget that from April 2017 the rules...more

Latham & Watkins LLP

Change to Rules of Service Out of the United Kingdom Following the Recast Brussels Regulation

Latham & Watkins LLP on

Introduction - Regulation 44/2001 (the “Original Brussels Regulation”), which aimed to harmonise the approach to jurisdiction and the recognition and enforcement of judgments across European Union Member States’...more

McDermott Will & Emery

Domicile Election for Non-UK Domiciled Spouses and Civil Partners

McDermott Will & Emery on

Non-UK domiciled individuals who have a UK domiciled spouse or civil partner now have the option to elect to be treated as domiciled in the United Kingdom for inheritance tax (IHT) purposes. This will enable them to receive...more

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