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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LCD Agency To Be Broken Up

Senior civil servant, Ann Chant, who headed the quinquennial review, says the Public Trust Office has not come up to scratch in terms of efficiency and performance in client services since it became an executive agency in 1994. The report demands that the PTO be stripped of its key functions, such as fund management, which […]

Linklaters Opens Three New European Offices

Linklaters has also taken the managing partners of Burns Schwartz’s Bratislava and Bucharest offices to head up its new offices in Slovakia and Romania. Jason Mogg and Michael Tetrault Schilling become the managing partners in Slovakia and Romania respectively. Nick Eastwell, the Linklaters’ partner responsible for central and eastern Europe says: “We are committed to […]

Linklaters' Madrid office takes on Garrigues & Andersen partner duo

Linklaters & Alliance’s Madrid office is taking on two partners from Spain’s largest law firm Garrigues & Andersen, in a move believed to be the first of its kind. Alvaro Sainz, a leading M&A and corporate specialist with a strong domestic and international client following, will join corporate partners Antonio Sanchez-Pedreno and Miles Curley to […]

Bristol & West

Bristol & West in £300m securitisation of residential mortgage portfolio. Bristol & West and partner company Bank of Ireland represented by Norton Rose (Jonathan Walsh) and lead manager ING Barings represented by Simmons & Simmons (Stephen Moller).

Leading Bankruptcy Judge Joins US Firm

Garrity will join Shearman & Sterlings international bankruptcy and insolvency practice which focuses on debtor, creditor group, bondholder and asset acquisition clients and out-of-court restructuring. The firm’s senior partner, Stephen Volk says: “Judge Garrity has broad expertise and will be able to counsel and represent clients on questions arising in insolvencies of virtually any size […]

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