For general information on the Isle of Man, see Practice Note: Private Client jurisdictional guide—Isle of Man. Legal framework Isle of Man trust law has its roots in English law. It is based on common law principles, supplemented and enhanced by legislation which, for the most part, mirrors its English equivalents. The principal Manx trust statutes are: • Trustee Act 1961 (which is largely based on the Trustee Act 1925 of England and Wales) • Variation of Trusts Act 1961 • Perpetuities and Accumulations Act 1968 • Recognition of Trusts Act 1988 (which incorporates the terms of the Convention of 1 July 1985 on the Law Applicable to Trusts and on their Recognition (Hague Convention) into Manx law) • Trusts Act 1995 • Purpose Trusts Act 1996, and • Trustee Act 2001 (which is largely based on the Trustee Act 2000 of England and Wales) The Trusts and Trustees Act 2023 (the 2023 Act) was passed by Tynwald and received Royal Assent on 18 July 2023.

Islington Council has reported that, following an investigation, Mailbox Group Ltd was fined £16,000 for failing to comply with rules surrounding identification. The council's investigation revealed that Mailbox Group Ltd's identification process was insufficient, with in one case the company accepting a fake ID that should have been identified as false. The company’s failure to carry out appropriate checks also hampered an investigation into illegally imported drugs by some clients. At Highbury Corner magistrates’ court, Mailbox Group Ltd was convicted on four counts of failing to comply with section 75(6)(e) of the London Local Authorities Act 2007 and received a fine of £4,000 for each offence. The company is appealing the convictions.

Atoms of the same element which have the same number of protons but different numbers of neutrons. Hydrogen has three isotopes – all with one proton but with zero (normal hydrogen), one (deuterium) or two (tritium) neutrons in the nucleus. Similarly the two common isotopes of uranium, 235U and 238U both have 92 protons in their nuclei but (23592)=143 or (238-92)=146 neutrons respectively.

NOTE—to see whether notification thresholds in Israel and throughout the world are met, see Where to Notify. 1. Have there been any recent developments regarding the Israeli merger control regime and are any updates/developments expected in the coming year? Are there any other ‘hot’ merger control issues in Israel? In January 2022, a new Director General of the Israel Competition Authority (the Director General and the ICA respectively) was appointed—Adv. Michal Cohen. Ms. Cohen has been working with the ICA for 15 years and previously served as the ICA’s Legal Advisor. Already at the outset of her term, Ms. Cohen took an assertive professional stand and initiated several enforcement proceedings, including for gun-jumping violations, and raised the bar for approval of merger transactions. In December 2021, Adv. Michal Cohen, then as acting Director General, surveyed the ICA’s work before the Israeli Parliament’s (Knesset) Economic Affairs Committee and, inter alia, stated: “Since I have assumed office, I realized there are areas in which we need to challenge

Law360, New York: Israel's supreme court has refused a confirmation proceeding to enforce an Israeli investor's roughly $500,000 award following a dispute with a Florida-based developer concerning a German real estate project, a ruling the developer's lawyer said effectively makes the underlying arbitration clause unenforceable.

The Knesset Plenum in Israel has approved the final reading of its International Commercial Arbitration Bill 2024. The legislation creates a framework and rules for management of international commercial arbitration procedures in line with the Model Law on International Commercial Arbitration formulated by the United Nations Commission on International Trade Law (UNCITRAL). The Bill expands arbitrators' powers to decide on questions regarding the nature and scope of their authority and to allow enforcement of temporary orders. Additionally, the Bill refrains from regulating issues including the arbitrator's responsibility and pay and the stipulation of defaults with regard to rules of procedure.

Law360, Expert analysis: The 25 August 2025 decision of the Tel Aviv-Jaffa District Court, handed down by retired Judge Yehudit Shevah in Sun-Flower Olmeda GMBH & Co KG v The Kingdom of Spain, presents an unusual and instructive moment at the confluence of investment arbitration and regional public law. Josep Galvez, barrister at 4-5 Gray’s Inn Square, explores how the Israeli court’s cautious approach balances its obligations under the ICSID Convention with sensitivity to the broader international uncertainty surrounding intra-EU investment arbitration.

The children, grandchildren and other descendants of every degree.

The production of a document, such as a claim form, by the court at the request of a party or intended party.

The Insolvency Service has published issue 163 of its Dear IP newsletter. The new edition comprises of information relating to the Companies House new powers under the Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023), changes to debt relief orders and the Financial Conduct Authority (FCA)'s guidance consultation on how to approach regulated firms.

The Insolvency Service has published issue 165 of its Dear IP newsletter. The new issue includes information on the impact of R v Palmer on the duties of office-holders under section 194(3) of the Trade Union and Labour Relations (Consolidation) Act 1992 and the new requirements on insolvency practitioners under the Leasehold and Freehold Reform Act 2024.

The Insolvency Practitioners (Amendment and Transitional Provisions) Regulations 2024 make significant reforms to the Insolvency Practitioner bonding framework, effective from 1 December 2024. Key changes include: increasing the General Penalty Sum from £250,000 to £750,000; introducing new minimum statutory requirements for bonds; and implementing a run-off period of at least two years from release or discharge from office.