Mutuals face up to takeover prospects

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Update on Bermuda private trust companies

Many offshore jurisdictions saw notable reforms in 2018. This article considers how recent changes to the regulation of financial services in Bermuda have affected private trust companies. These legislative amendments were made primarily to ensure that Bermuda’s legal framework remains up to date with international standards, which are aimed at maintaining the international financial system’s […]

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A company has outstanding debts and it seems they are struggling financially. What can you do to try and get your debts settled? Is applying to have the company wound up the answer? Here, we take a look at what you will need to consider before a decision is made and we take a look […]

Blowing hot and cold on the jurisdiction of an adjudicator

In the recent case of SKYMIST HOLDINGS LIMITED v GRANDLANE DEVELOPMENTS LIMITED [2018], the Technology and Construction Court (TCC), considered the principle of “approbation and reprobation” in “satellite litigation” over the jurisdiction of adjudicators. But is challenging the jurisdiction of an adjudicator worth the cost involved? We review the key points in the Skymist decision, and the TCC‘s […]

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Public consultations on enhancing retirement security led by the Ministry of Innovation, Science and Economic Development Canada closed in late 2018. Given the importance and complexity of the subject matter, the one-month consultation period offered by the government was curiously short. Given that 2019 is an election year, the quick completion of the process could […]

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Who needs more tests?

The Law Society Working Party on Standards is playing a valuable role in exploring options to ensure professional standards are maintained. However, the Trainee Solicitors Group (TSG) has some concerns about the recent proposals for the introduction of another layer of entry tests to the profession. The maintenance of standards in the profession is in […]

Herald in the New Year

Tulkinghorn refers in his diary (The Lawyer, 9 January 1996) to two stories from “Aberdeen paper The Herald”. Is this by any chance related to the well-known Glasgow paper The Herald, which until recently had the word ‘Glasgow’ in the title? I’m sure I read the same stories in the latter publication when home for […]

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