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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Your friendly neighbourhood Law Soc

It appears the Law Society has finally got its act together when it comes to representing the needs of its more commercial members. For years the society has been criticised for being a squabbling mess that only really cared about representing the little people at high street firms and neglecting the needs of the City. […]

Osborne Clarke boosts fee income 18 per cent

Income continued to rise at Osborne Clarke, which reported 18 per cent growth in fee income for the first six months. The Bristol based firm said fee income increased to £46.5m from £38.1m a year earlier. “We are ahead of target to date and expect to be ahead until Christmas,” managing partner Simon Beswick told […]

Michael Mclaren: Fountain Court

What’s the best thing about your job?Flexibility of working hours (which, translated, means the ability to choose which anti-social hours to work). What was your first-ever job? A trainee with an engineering firm working on a chemical plant in Antwerp. What was your worst experience as a trainee?My pupilmaster was acting for Mohamed Al Fayed, […]

Slaughters and Nabarro bag LandSecs demerger

Slaughter and May is advising Land Securities on corporate aspects of its three-way de-merger that the company announced yesterday (15 November). Corporate partner Gavin Brown will be leading the team, while Nabarro expects to be playing a “coordinating role on real estate” aspects of the reorganisation, according to relationship partner Nicholas Vergette. The UK’s largest […]

Sets merge in face of legal aid cuts

Criminal and fraud set 15 New Bridge Street is to merge with commercial fraud and money laundering specialists Lombard Chambers before the end of the year. The decision to amalgamate comes as a response to what the sets call “the Government’s determined effort to cut funding for legal aid”. The newly formed set is hoping […]

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