News and Deals

News and Deals

PARSLOWS RECOGNISED BY LEGAL 500

PARSLOWS RECOGNISED BY LEGAL 500 

Parslows and a number of its lawyers both in Jersey and England & Wales have been recognised by the Legal 500 in its annual ranking, which is an independent worldwide guide to the best performing law firms.

The Legal 500’s rankings are based on feedback from clients worldwide, submissions from law firms and private practice lawyers, and a team of researchers.

Parslows market profile has grown impressively over the last six years, with the number of fee earners increasing five fold over that period. It now boasts a truly full service offering, having established client relationships which confirm that it “punches above its weight” among its Jersey competitors

Parslows group, which is made up of Parslows Jersey, Parslows International, Parslows Executors and Parslows Notaries, has been ranked in the following practice areas:

  • Corporate & Commercial
  • Private Client, Trusts and Tax
  • Employment law
  • Commercial Property

Some of the commentary published in the Legal 500 Guide regarding Parslows and its lawyers includes:

  • Young firm Parslows is ‘on par with many of the larger firms in terms of breadth of experience and responsiveness’ and ‘excellent across all areas of law’, according to one client.
  • Outfits such as Parslows …  continue to carve a space for themselves in the well-served jurisdiction.
  • In Jersey, the ‘very responsive’ Mason Birbeck combines ‘great technical knowledge with the ability to relay complex information in clear language’. 
  • David Hill leads the team from London and is also highly recommended by clients.
  • The ‘highly regarded’ Mason Birbeck heads the trusts and private wealth department at Parslows, which is valued for being ‘highly responsive in all areas’ and, according to one client, ‘more attentive than its competitors’.
  • The ‘excellent, very responsive and readily available’ commercial property team at Parslows is headed by the highly recommended Carl Parslow.

Commenting on Parslows’ listing David Hill, who runs Parslows’ London office said: “It is an honour to be recognised in the Legal 500, the publication which provides the most comprehensive worldwide coverage on recommended law firms and lawyers. Parslows is in an exceptionally strong position to offer cost effective, highly professional legal services in both Jersey and the United Kingdom. Our aim has always been to make ourselves accessible and affordable without compromising on either our service levels or degree of expertise.”

Ends.

Media Contact:

Parslows Jersey

Tel: 01534 630530

Email: enquiries@parslowsjersey.com

News and Deals

Parslows assists on the sale of ALX Training to BDO/C5

ALX Training

BDO/C5 acquire ALX Training

Parslows is pleased to announce that it has acted for Alex Morel on the disposal of ALX Training to the technology business C5 Alliance.

The purchase follows the acquisition of C5 by BDO in Jersey earlier this year.

ALX’s training expertise covers technology-focused workplace skills, including software and application learning, and ALX will provide training solutions to support the new technologies C5 has implemented for clients.

ALX Training employs six staff and was founded in 2009 by Alex Morel, until now the firm’s Managing Director.

Post-acquisition, Alex will be Director of ALX Training and C5 has said it will be working with Alex to increase the team size and client offering.

David Hill, Head of Corporate at Parslows International, said: “we are delighted to have advised Alex on the successful disposal of ALX Training and look forward to seeing ALX Training succeed and grow as part of the BDO/C5 group”.

Alex Morel said “being part of a larger group will enable us to better serve our growing client base. I will be able to focus more of my attention on our clients’ needs, expanding our range of courses and developing our eLearning arm. It is a very exciting next step for us.”

Services


Media Contact – Parslows International:

Sally Chinn
Parslows International
Tel: 01534 630530
Email: sally.chinn@parslowsjersey.com
https://parslowsinternational.com

 

Corporate Law, News and Deals

Limited Liability Companies (Jersey) Law 201 | Commercial Law | Parslows International

Consideration of the Limited Liability Companies (Jersey) Law

On 21 May 2018, the Limited Liability Companies (Jersey) Law 201- (LLC Law) was formally presented to Jersey’s government for its consideration and approval.

Limited Liability Companies (Jersey) Law

LLC Law will continue Jersey’s trend of introducing innovative financial services vehicles

If adopted, the LLC Law will continue Jersey’s trend of introducing innovative financial services vehicles.  It follows on from legislation introduced in 2009 creating the Jersey foundation, a company / trust hybrid, aimed at providing clients based in civil law jurisdictions (Europe, South America and the Far East) with an alternative, more familiar, wealth planning vehicle to the Jersey trust. Other recent innovations in Jersey’s financial services-focused legislation include amendments to the Trusts (Jersey) Law 1984 and the adoption of the Limited Liability Partnership (Jersey) Law 2017.

Once in force, the LLC Law will bring into being the Jersey limited liability company (Jersey LLC).  Another hybrid entity, the Jersey LLC has been described as sharing some features of a company and others akin to a statutory partnership.  As such, it will have separate legal personality but without being classified as a body corporate.

Its proponents’ focus is across the Atlantic.  It is anticipated that introducing an entity which is identifiable with the ubiquitous vehicle of choice for a wide range of activities in the United States will further encourage the current growth in Jersey’s U.S. source business.

LLC Agreement

A Jersey LLC will be governed by an “LLC agreement” operating within the overarching legal framework set out in the LLC Law.  The LLC agreement will be legally binding on the LLC itself, each of its members and its managers.  Appointment of a manager to manage the LLC would be optional, with the extent of the manager’s powers determined by the LLC agreement.

A Jersey LLC would have one or more members, and absent appointment of a manager, would be managed by its members, who would each have an “LLC Interest” – an interest in the LLC’s profits / losses, rights to distributions and whatever other rights / obligations are provided for in the LLC agreement.

Designed to be a transparent entity for tax purposes, and emulating the flexibility of its U.S. counterpart (the Jersey LLC will be capable of creating designated series), it is anticipated that the addition of this vehicle to Jersey’s existing financial services offering will have appeal not just in the U.S., but globally.

If you require further information or advice please contact our head of department,  Mason Birbeck on +44 (0)1534 630530 or email mason.birbeck@parslowsinternational.com


Main Contact | Mason Birbeck

 


Please note that the information provided on this website is for general information purposes only and is designed to provide you with an outline of the legal services or opinions we offer.  Whilst we endeavour to ensure our information is correct and useful, we make no representations or warranties regarding the accuracy or completeness of the information offered.  Information on our website does not constitute legal advice and Parslows International accepts no liability for any loss or damage arising out of, or in connection with, the information found in this website.  Please consult a lawyer in the event that you require professional assurance that our information, and your interpretation of the same, is correct.
News and Deals

Jersey Post, has been shortlisted for two awards at the World Post & Parcel Awards | Parslows International

Jersey Post | Parslows International

Parslows International are pleased to report that their client, Jersey Post, has been shortlisted for two awards at the World Post & Parcel Awards

Jersey Post has been shortlisted in the Customer Service and Technology categories at the 2018 finals, with recognition for their development of an automated parcel management solution.  The solution has improved first time delivery rates and has introduced alternative delivery services with the installation of an automated parcel sorting machine.  The automated parcel sorting machine is linked to the handheld terminals and tracking software used by postal workers on their delivery rounds.

This is a more cost-effective system that reduces the need for government subsidy in the long-term.

Jersey Post’s Director of ICT, Paul Marett, says: – “Most parcels received by islanders are the product of internet shopping and everyone in the purchase chain, including Jersey Post, have similar requirements –quick, seamless and hassle-free delivery. Thanks to the parcel automation project, our success with first- time delivery KPIs has improved enormously to the benefit of all stakeholders. Naturally, we are thrilled that our hard work with this project to introduce an automated parcel sorting machine has been recognised at such a high level within our industry.”

The Customer Service and Technology 2018 finals will be held on 12th June at the Royal Lancaster Hotel in London, at which time the award winners will be announced.

Services


Media Contact – Parslows International:

Sally Chinn
Parslows International
Tel: 01534 630530
Email: sally.chinn@parslowsjersey.com
https://parslowsinternational.com

 

Media Contact – Jersey Post Group

David McGrath
Jersey Post Group – Head of Marketing
Tel: 01534 616621
Email: David.McGrath@jerseypost.com
www.jerseypost.com

 

Cross Border & International Transactions, News and Deals

Parslows International advises the Jersey Post Group on its investment in Parcel Monkey

Parcel monkey - Jersey Post

Parslows International is pleased to announce that it has acted for the Jersey Post Group (Jersey Post) on another cross border transaction, with the recent completion by Jersey Post of its investment in Parcel Monkey, a parcel delivery service enabler and provider

DLA Piper acted for Parcel Monkey on the transaction.

Parcel Monkey specialises in four diverse, yet complementary, parcel service elements:

  • A parcel delivery comparison service website whereby Parcel Monkey provides parcel services at competitive pricing for consumers based on pre-approved carriers;
  • A global trading platform that provides a marketplace interface through which parcel carriers can sell their services;
  • Outsourced warehousing, fulfilment and distribution services for online retailers; and
  • An online service for retailers to create an ecommerce storefront including website builder, domain name and hosting.

This is the latest in Jersey Post’s international acquisition and investment strategy to exploit opportunities outside the Jersey market and provides the final piece of a parcel solution portfolio – an enabling ecommerce platform that can bring together the global network and service providers into one, easy-to-access location.

In 2016, Parslows acted for Jersey Post on its acquisitions of Fraser Freight, a UK based European logistics provider and HICS, a customs clearance agent located at Heathrow.

In 2017, Parslows assisted Jersey Post with its investments in Miami based GePS, Estonian based GTS Post and Hong Kong based A2B.  Parslows also acted, in 2017, for Jersey Post on its investment in HomeCall Limited – a joint venture to further develop, implement and deliver the award winning Call & Check service both in Jersey and further afield.

David Hill, Head of Corporate at Parslows International, stated: “Having advised Jersey Post on its other recent investments we are delighted to have represented Jersey Post on its successful investment in Parcel Monkey and the continued implementation of Jersey Post’s international strategy.

The legal elements to this deal demanded expertise over a range of areas and it further reinforces and demonstrates what we, as a firm, can bring to transactions. It is an excellent example of Parslows International’s depth of legal expertise both inside and outside of Jersey.

With the recent appointment of Alexis Colfer as corporate/commercial consultant in English and Irish law and further growth plans, we look forward to continuing to provide our clients with quality, experienced and commercial legal advice, particularly in the English, Irish and Jersey jurisdictions, together with seamless cross-border services”.

Cross Border & International Transactions


Media Contact – Parslows International:

Sally Chinn
Parslows International
Tel: 01534 630530
Email: sally.chinn@parslowsjersey.com
https://parslowsinternational.com

 

Media Contact – Jersey Post Group

David McGrath
Jersey Post Group – Head of Marketing
Tel: 01534 616621
Email: David.McGrath@jerseypost.com
www.jerseypost.com


Notes to editors:

Parslows International

  • Parslows International is headquartered in Jersey, Channel Islands.
  • It provides Corporate/ M&A, Commercial Law, Cross Border and International Transaction legal advice together with Private Client and Trust advice. It is able to call upon English, Irish and Jersey law specialists.
  • David Hill, Head of Corporate at Parslows International, was lead lawyer on this transaction.
  • David has considerable onshore and offshore corporate and commercial experience playing key roles in some high profile corporate and M&A transactions. He regularly acts for multinationals and large international corporations as well as SMEs and high-net worth individuals.
  • Before joining Parslows, David was managing partner at Burlingtons and prior to that a corporate/commercial partner at Howard Kennedy.

The Jersey Post Group

  • Jersey Post employs just over 380 members of full and part time staff.
  • Jersey Post purchased Fraser Freight – a premium logistics services company – in August 2016 and purchased Heathrow Import Clearance Services (HICS) – a commercial customs clearance broker – in December 2016.
  • In September 2017, Jersey Post embarked on a joint venture with the Estonian company, Freselle Logistics in a new company called GTS Post. It brings together the expertise of the two businesses to offer worldwide clients a combination of postal, freight, customs and logistics services through a single entity.
  • In October 2017, Jersey Post invested in A2B Limited, a leading name in mail and fulfilment solutions in Hong Kong and China. A2B Limited is based in Kowloon Bay, Hong Kong, and specialises in postal and fulfilment services for Hong Kong and China based ecommerce traders and mail consolidators to Europe, America and Rest of World. With over 15 years’ experience in the sector, A2B also offers warehousing, worldwide express courier services, and customs clearance for shipments destined for Greater China and countries worldwide.

Parcel Monkey

  • Parcel Monkey was founded on 7 December 2009 by Navin Ramiah.
  • Parcel Monkey is based in Southampton, currently employing 23 staff and 12 call centre staff.
News and Deals

Parslows International further strengthens commercial law team with new appointment

Jennie Harrison, Parslows InternationalParslows International is pleased to announce Jennie Harrison’s appointment as a consultant in our English corporate law and commercial law teams.

Jennie is admitted as an English solicitor and provides Parslows International with support on all aspects of Corporate, Commercial law, IT and Intellectual Property law.

Jennie is also a Certified Data Protection Practitioner, advising businesses on data protection compliance and their responsibilities under the new GDPR legislation.

With over 15 years’ experience of providing commercial legal advice, Jennie has acted for businesses of all sizes, from start-ups to listed companies, including clients in both the private and state owned sectors. She has worked in both private practice and in-house roles, including acting as lead lawyer to Tesco’s Commercial Grocery Business and heading the Company Commercial department at Turner & Debenhams Solicitors (now Debenhams Ottoway).

More recently Jennie has been acting for a leading employee and customer incentives business, negotiating agreements with FTSE 100 clients for the provision of reward programmes and regulated pre-paid reward card offerings, and with software developers for the build of digital platforms.

Commenting on the appointment, David Hill, Head of Corporate & Commercial said “I am really pleased to announce Jennie Harrison appointment to Parslows International.  She is a highly accomplished lawyer and her experience acting for FTSE 100 clients brings an added depth of experience to the firm”.

About Us


Media Contact:

Sally Chinn
Parslows International
Tel: 01534 630530
Email: sally.chinn@parslowsjersey.com
https://parslowsinternational.com


Notes to Editors

Parslows International:

Parslows International is a niche law firm headquartered in Jersey, Channel Islands. It  provides specialist legal advice in Corporate law, Commercial law, Private Client and Trust work and Commercial property.  It has particular expertise that it can call on in cross-border, M&A and international transactions.

Parslows International lawyers have advised and assisted on transactions in many parts of the world including Australia, China, Dubai, much of the EU, Hong Kong, India, Kazakhstan, the United Kingdom, USA, the Republic of Ireland, Russia and Singapore.

News and Deals

Parslows International strengthens corporate and commercial team with new appointment

Parslows International* is pleased to announce Alexis Colfer’s appointment as a consultant  on 1st January 2018. Alexis Colfer Parslows International

Alexis Colfer, who is based near London, has over 20 years’ experience of advising on English and Irish Law matters.  He is a corporate law and commercial law specialist.

He has worked in both private practice and in-house roles, including as counsel for a number of multi-national organisations in their United Kingdom and Irish head offices within the manufacturing, pharmaceutical and marketing sectors. These have included the Waterford-Wedgwood Group and The Grass Roots Group.  

Commenting on the appointment, David Hill, Head of Corporate & Commercial said “I am delighted to announce that Alexis has joined Parslows International. As a highly accomplished corporate and commercial specialist, he brings a wealth of experience to the firm and a strong record of success with his clients.

This further strengthens Parslows International’s offering in the English market and also allows us to extend our services into the Irish market”.

About Us


*Parslows International is the trading name of Parslows International Limited

Media Contact:

Sally Chinn
Parslows International
Tel: 01534 630530
Email: sally.chinn@parslowsjersey.com
https://parslowsinternational.com

 

News and Deals

Parslows International team advises Global outsourcing and support solutions firm

advised a Global outsourcing and support solutions | Parslows InternationalGlobal outsourcing and support solutions firm | advice

Parslows International Commercial team members have advised a Global outsourcing and support solutions firm in relation to the establishment of its offering to Jersey financial services firms / providers.

The legal services provided included:

  • outsourcing terms, dealing with matters such as implementation of a risk management framework, service charge and change control mechanisms, IP rights, third party contracts and data transfer and protection.
  • analysis of the Jersey regulatory requirements for outsourcing, related AML / CFT compliance and Jersey data protection law

“This transaction demonstrates the strength that we as a firm can bring to firms that span a range of jurisdictions. It is an excellent example of Parslows International depth of legal expertise both inside and outside of Jersey” Mason Birbeck

If you require any further information, advice or assistance please contact Mason Birbeck on mason.birbeck@parslowsinternational.com

Commercial Law


Media Contact:

Sally Chinn
Parslows International
Tel: 01534 630530
Email: sally.chinn@parslowsjersey.com
https://parslowsinternational.com


Notes to Editors

Parslows International:

Parslows International is a niche law firm headquartered in Jersey, Channel Islands. It  provides specialist legal advice in Corporate law, Commercial law, Private Client and Trust work and Commercial property.  It has particular expertise that it can call on in cross-border, M&A and international transactions.

Parslows International lawyers have advised and assisted on transactions in many parts of the world including Australia, China, Dubai, much of the EU, Hong Kong, India, Kazakhstan, the United Kingdom, USA, the Republic of Ireland, Russia and Singapore.

Cross Border & International Transactions, News and Deals

Parslows International advises on client’s acquisition of an interest in a Miami based company providing worldwide postal and commercial solutions

acquisition of Miami based company Parslows International

Acquisition of Miami based company

Parslows International has advised a Jersey based client on its acquisition of an interest in a Miami based company providing worldwide postal and commercial solutions.

If you require any further information, advice or assistance please contact our head of our Corporate/ M&A and  Cross Border & International Transactions, David Hill at david.hill@parslowsinternational.com

Corporate / M&A


Media Contact:

Sally Chinn
Parslows International
Tel: 01534 630530
Email: sally.chinn@parslowsjersey.com
https://parslowsinternational.com


Notes to Editors

Parslows International:

Parslows International is a niche law firm headquartered in Jersey, Channel Islands. It  provides specialist legal advice in Corporate law, Commercial law, Private Client and Trust work and Commercial property.  It has particular expertise that it can call on in cross-border, Mergers & Acquisitions and international transactions.

Parslows International lawyers have advised and assisted on transactions in many parts of the world including Australia, China, Dubai, much of the EU, Hong Kong, India, Kazakhstan, the United Kingdom, USA, the Republic of Ireland, Russia and Singapore.

News and Deals

Parslows International advises State owned company on acquisition of a London based customs broker

Acquisition | Parslows International

Parslows International has recently advised a State owned company on its acquisition of a London based customs broker

“Parslows International corporate team has assisted our client with this acquisition  demonstrating the strength that we as a firm can bring to transactions that span a range of jurisdictions.” David Hill

If you require any further information, advice or assistance regarding how we can assist you with corporate and or mergers & acquisitions  please contact David Hill on david.hill@parslowsinternational.com

Corporate / M&A


Media Contact:

Sally Chinn
Parslows International
Tel: 01534 630530
Email: sally.chinn@parslowsjersey.com
https://parslowsinternational.com


Notes to Editors

Parslows International:

Parslows International is a niche law firm headquartered in Jersey, Channel Islands. It  provides specialist legal advice in Corporate law, Commercial law, Private Client and Trust work and Commercial property.  It has particular expertise that it can call on in cross-border, M&A and international transactions.

Parslows International lawyers have advised and assisted on transactions in many parts of the world including Australia, China, Dubai, much of the EU, Hong Kong, India, Kazakhstan, the United Kingdom, USA, the Republic of Ireland, Russia and Singapore.