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The Royal Court has declined to strike out proceedings brought by the successor trustee and manager of three unit trusts against the former trustee and manager of those unit trusts.
The Supreme Court and the Court of Appeal in England have recently considered the remedy of marshalling.
The enforceability of employee post-termination restrictive covenants has long been a contentious issue.
The Guernsey Court of Appeal has recently confirmed that the court has the power to require beneficiaries to provide information to trustees.
Those administering offshore structures are increasingly exposed to the consequences of moves to increase the level of cross-border tax assistance.
The judgment handed down in the matter of the seven Mitco Retail companies on 14 July 2014 provided an insight as to how administration applications are treated in the Guernsey court.
In this briefing, Mourant Ozannes provides a comparison of the applicable limitation/prescription periods in the BVI, the Cayman Islands, Guernsey and Jersey.
In a small island, in the absence of robust restrictive covenants in the employment contract, the risk of an employee moving and working for a competitor is high.
MOrsel: in business, it’s not what you know, it’s who you know — Nautech Services Ltd v CSS Ltd and Ors
The Royal Court in Jersey has held that a business’s client contact information, stored on a database, is protected by laws of confidentiality and copyright.
The Royal Court of Jersey has concluded that it has power under its inherent jurisdiction to sanction a compromised settlement of litigation reached by the plaintiff on behalf of a minor.
A private trust company is a privately owned corporate trustee whose sole purpose is to act as trustee to a trust or group of ‘connected’ trusts.
The Jersey minister for social security has approved an increase to the maximum week’s pay for statutory redundancy payments.
The Discrimination (Jersey) Law 2013 has come into force. It has been the subject of much speculation as to its likely impact on the workplace and outside.
The Royal Court of Jersey has again shown its readiness to utilise the just and equitable winding-up jurisdiction.
The so-called ’rule in Hastings Bass’ has been considered in Jersey for the first time since the Supreme Court’s judgment in Pitt v Holt and Futter v Futter.
In the matter of Aspis Jersey Ltd, Mourant Ozannes acted for the liquidator of T Bank SA, one of the first Greek banks to enter insolvency following the recent financial crisis.
This briefing from Mourant Ozannes about AIFMD contains case studies regarding the Cayman Islands and New York.
This briefing from Mourant Ozannes about AIFMD contains case studies regarding the Channel Islands.
The AIFMD is a framework to govern the alternative asset management industry in the European Economic Area.
Litigation is the main form of dispute resolution used in Jersey to settle large commercial disputes. Arbitration is not yet used frequently despite the passing of theArbitration (Jersey) Law 1998.