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The recent English Court of Appeal ruling in Re Danka Business Systems plc considers how insolvency practitioners ought to deal with contingent claims.
This briefing provides an introduction to the factors that determine whether a Jersey insurance business transfer scheme is required and an outline of the procedure for the transfer of insurance business in Jersey.
This briefing explains the attractions for international managers, sponsors and investors of the Cayman Islands as the jurisdiction in which to domicile a private equity fund.
Guernsey was the first jurisdiction to introduce the concept of a protected cell company but the Companies Law has effectively modernised it.
Top tips for dealing with a JFSC on-site examination; guidance on investment business on-site examinations and an important decision of the Royal Court concerning the information a party subject to regulatory action should be provided with.
On 11 September the Guernsey Court of Appeal confirmed the test to be applied in determining whether a person should be added as a party to existing proceedings.
When a company is being wound up in the jurisdiction where it is incorporated, should an anti-suit injunction be issued to prevent a creditor or member from pursuing proceedings in another jurisdiction?
Mourant Ozannes & South Square Litigation Forum 2014: Lehman Brothers six years on — where are we now?
Mourant Ozannes and insolvency set South Square Chambers hosted their latest joint Litigation Forum in London on 11 September.
An exemption from the Financial Services (Jersey) Law 1998 allows hedge fund managers to operate managed accounts for non-fund clients alongside fund clients.
In one case Guernsey was described as a jurisdiction bearing the ‘mark of a civilised polity’, where citizens could challenge administrative decisions affecting their rights.
The Guernsey Commerce and Employment Department is seeking input on policy options for the reform of Guernsey’s insolvency regime.
In May the English Court of Appeal held that access to a company’s register of members did not have to be given if one of the purposes of the request was not proper. What are the implications for Guernsey?
One feature of Weavering Macro Fixed Income Fund Ltd v Peterson is that the claims against the directors were brought by the liquidators of a fund in liquidation.
On 24 September the States Assembly adopted the Income Tax (Amendment No 44) (Jersey) Law, which will come into force on 1 January 2015.
The Royal Court of Jersey has held that a businesses’ client contact information, stored on a database such as Microsoft Outlook, is protected by laws of confidentiality.
From 1 January 2015 the qualifying period in respect of the right to claim unfair dismissal will change in Jersey for certain employees.
Limited partnerships are governed by the Limited Partnerships (Guernsey) Law, 1995, as amended.
A recent case held that payments made by insolvent companies out of share premium to redeemed shareholders cannot be clawed back by a liquidator using section 37(6) of the Companies Law.
An exemption from the Financial Services (Jersey) Law 1998 has been introduced for regulated hedge-fund managers who want to operate managed accounts for their non-fund clients alongside their fund clients.
The Cayman Islands’ Grand Court (Amendment) Law 2014 introduces the legislative clarification of the law providing for interim relief in aid of foreign proceedings.