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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Stephenson Harwood in tit-for-tat poaching move

Just a week after losing a lawyer to Richards Butler, Stephenson Harwood has snatched back a partner from the firm to boost its insolvency capability. Ian Fletcher, who has worked at Richards Butler for 12 years, will be joining Stephenson Harwood as a non-contentious insolvency and banking partner. Last week, Richards Butler appointed Richard Parlour, […]

Scuffle of the week

The Home Office v the High Court. Home Secretary Jack Straw has been urged by Mr Justice Scott Baker to “reconsider” his decision to deport London commodities broker Ben James to Nigeria, and to refer the decision to an adjudicator to review all the evidence. James, who has lived in the UK all his adult […]

Wilde Sapte to lose Barings case to CC

Wilde Sapte is set to lose Deloitte & Touche and remaining fees from the Barings case when litigation partner Philip Rocher goes to Clifford Chance at the start of the next year. Rocher’s main client Deloitte & Touche is a defendant in the £1bn Barings case. The case is set for 2001 at London’s High […]

Punders partners to get 50 per cent pay rise

The merger between Clifford Chance and Punder Volhard Weber Axster will result in a 50 per cent pay rise for the German partners, The Lawyer can reveal. Punders’ profits per partner are understood to be around £400,000 – two-thirds of Clifford Chance partners’ earnings. But once the merger is complete all profits will be split […]

Coca-Cola & Schweppes Beverages (subsidiary of Coca-Cola Enterprises)

In 1998, Coca-Cola & Schweppes Beverages’ US parent company, Coca-Cola Enterprises, boasted more than £1bn in sales. For a company which is the world’s largest drinks bottler such a rate of turnover is not surprising. However, for Coca-Cola & Schweppes Beverages, which makes, bottles and sells the fizzy drink in the UK, the size of […]

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