Latest Briefings

Channel Islands employment law update – July 2020

Jersey Tribunal rules HR advisers not protected by legal privilege The Jersey Employment Tribunal (the Tribunal) in David Slater v Consolidated Minerals[1] sought to consider an interesting question concerning discovery: whether HR consultants are protected by legal advice privilege, given their status as non-legally qualified advisers. In the context of a constructive unfair dismissal claim, […]

Borrowers experience speed bump in road to compliance – expanded scope of Cayman private funds law

By now most fund finance professionals would likely choose an afternoon in the dentist’s chair over a discussion about the Cayman Islands Private Funds Law, 2020. Borrowers unfortunately experienced a speed bump in the road to compliance this week with the introduction by the Cayman Islands Government of an amendment to the PF Law which significantly increases the number of entities which will need to register with the Cayman Islands Monetary Authority (CIMA) by 7 August 2020.

What are the benefits of employee engagement?

By Chris Shenton Reading Time: 5 minutes Employee engagement is the central topic here at Weekly10. Whether we’re talking about the latest employee engagement strategies, how to improve employee engagement or simply what exactly employee engagement is, it’s fair to say it is always a focus for us. Yet, we still often get asked the […]

BVI economic substance requirements 2020 update

The framework that the British Virgin Islands (“BVI”) government has created to enable BVI ‘legal entities’ to report prescribed economic substance information’ is now operational. New reporting and (in some cases) economic substance requirements now apply for BVI ‘legal entities’ that conduct certain defined ‘relevant activities’ under the Economic Substance (Companies and Limited Partnerships) Act, 2018 and the Rules on Economic Substance (together the “Economic Substance regime”).

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Reed Smith secures new London HQ

Reed Smith Richards Butler has ended its search for a new office building, signing up to take almost 40 per cent of London’s Broadgate Tower. The firm, which was formed in January following a merger between US firm Reed Smith and the UK’s Richards Butler, has been operating from Beaufort House in the City and […]

Lovells jumps feet first into China with Sino-global alliance

Lovells has hailed the launch of its 10-way Sino-Global Legal Alliance as the first of its kind in the key Asian jurisdiction. Lovells has hailed the launch of its 10-way Sino-Global Legal Alliance (first reported on www.thelawyer.com, 3 September) as the first of its kind in the key Asian jurisdiction, boasting that it offers an […]

Ashurst raids magic circle again for German hire

Ashurst has continued its strategy of poaching magic circle lawyers in Germany by taking on an Allen & Overy (A&O) international capital markets associate. Christoph Enderstein will join Ashurst in October as counsel in the Frankfurt office’s structured finance group. He pushes Ashurst’s banking and finance group in Germany to 15 lawyers, including three partners. […]

Lord Chief Justice warns Govt on judicial interference

The Lord Chief Justice Lord Phillips has called on the Government to stay away from the selection of judges in the wake of green paper ‘The Governance of Britain’, published by the Ministry of Justice (MoJ). In a wide-ranging speech on judicial independence yesterday, Phillips told the Commonwealth Law Conference in Nairobi that the shake-up […]

Venture opts for Jones Day on transatlantic funding

Jones Day has acted for Aberdeen-based oil and gas production company Venture Production in relation to £585m of debt financing. Under a team led by London banking head Ed Nalbantian, the company secured a £350m UK loan, $424m (£210.11m) from US institutional investors and a further £25m from UK institutional investors. The money will be […]

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