![Headshot of Mathew Newman](/media/q5vfgzxi/mathew-newman.jpg?cc=0.14944760407479485,0.0945311260024316,0.3299729212433747,0.12378984249818928&width=1440&height=1440&quality=90)
Mathew Newman
Partner | Legal
Guernsey
![Headshot of Mathew Newman](/media/q5vfgzxi/mathew-newman.jpg?cc=0.14944760407479485,0.0945311260024316,0.3299729212433747,0.12378984249818928&width=300&height=300&quality=90)
Mathew Newman
Partner
Guernsey
No Content Set
Exception:
Website.Models.ViewModels.Components.General.Banners.BannerComponentVm
Three factors make the world of trusts jurisdictions more competitive than ever – the emergence of new jurisdictions in the market such as Singapore, Israel and New Zealand, the global trend of international regulation spanning borders slowly levelling the regulatory playing field, and the increasingly competitive attitude of legislatures and jurisdictions in updating relevant legislation and adopting the best ideas from competitors.
Against that backdrop, Guernsey's position as a leading jurisdiction is being supported by a number of significant recent court decisions that advance jurisprudence and that offer welcome clarity for trustees and related professionals, and by the recent trend of the Royal Court producing more written and publicly available decisions than has been the case in the past.
This emphasises one of the Island's key strengths – that Guernsey's trusts legislation and its well established court and its wealth of case law provide certainty and clarity for trustees. Where a client may be based in or near one of the emerging jurisdictions they will often want trusts established in Guernsey because of the supporting weight of court judgments that have applied and interpreted the law for the benefit of future practitioners.
Four types of case in the previous 12 months outline key points for Guernsey trusts:
What these cases demonstrate is that the Guernsey courts are grappling with current issues of the day facing trusts practitioners the world over and that Guernsey is a credible and developed trusts jurisdiction.
Guernsey structures offer the key benefit that trustees: know how the rules work; know how scenarios will play out; and fundamentally know how courts may well interpret the law where disputes emerge.
Advocate Mathew Newman is head of Ogier's Guernsey Dispute Resolution team. His practice encompasses trusts disputes and contentious insolvency and restructuring and regulatory matters. He worked for international firm DLA Piper before joining Ogier's Guernsey disputes team, and has been a Guernsey Advocate since 2011.
This article first appeared in Guernsey Press Business Review.
Mathew Newman
Partner | Legal
Guernsey
Mathew Newman
Partner
Guernsey
Ogier is a professional services firm with the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost-effective services to all our clients. We regularly win awards for the quality of our client service, our work and our people.
This client briefing has been prepared for clients and professional associates of Ogier. The information and expressions of opinion which it contains are not intended to be a comprehensive study or to provide legal advice and should not be treated as a substitute for specific advice concerning individual situations.
Regulatory information can be found under Legal Notice
Sign up to receive updates and newsletters from us.
Sign up
No Content Set
Exception:
Website.Models.ViewModels.Blocks.SiteBlocks.CookiePolicySiteBlockVm