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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.
The Royal Court of Jersey has its own procedural rules that are generally based on the former Rules of the Supreme Court of England and Wales.
Jersey boasts an ever-evolving trust law and remains at the forefront of the international trust and private client market.
The Royal Court of Jersey has delivered a very significant judgment concerning certain of the provisions in the Financial Services (Jersey) Law 1998.
The Royal Court set aside an instrument of appointment excluding beneficiaries from a trust as being a decision which no reasonable trustee could have taken.
Propertology is the study of all things property related. There is no land registry in Guernsey, so we need to consider the title and any plans not only of the target property but also that of every neighbour.
These three small ‘offshore jurisdictions’ are dominated by offshore finance and influenced, although not bound, by UK law. However, they are also very different.
The long arm of the law — freestanding Mareva injunctions and clarification from the Court of Appeal
On 4 June 2013, the Cayman Islands Court of Appeal delivered its judgment in VTB Capital PLC v Universal Telecom Management.
On 16 July 2013, the States of Jersey (the island’s parliament) passed an amendment to the Trusts (Jersey) Law 1984.
The Financial Services Commission recently reported that there are more than 2,301 entities licensed to carry on insurance business in or from within the BVI.
In Guernsey and Jersey there are currently no statutory provisions which dictate how a disciplinary procedure should be conducted.
In the recent UK case of Woodhouse v West North West Home Leeds, the Employment Tribunal’s original judgment was overturned by the Employment Appeal Tribunal, producing an interesting outcome and one which some employers may find unpalatable and a step too far…...
The Jersey Employment Tribunal (JET) has recently struck out a claim for redundancy and payment of notice brought by a worker contracted under a zero hours contract on the basis that he was not an ‘employee’ and was not therefore entitled to bring any claims under the Employment (Jersey) Law 2003 (the Law).
On 3 June 2013, the Guernsey Employment and Discrimination Tribunal held that Susan Cotterill had been unfairly dismissed by reason of redundancy from Archer Divers Builders Limited, but concluded that...
On 26, 27 and 28 June 2013, the States of Guernsey debated the Billet D’Etat No XI 2013 dated 10 May 2013, having regard to the Report prepared by the Policy Council dated 29 April 2013.