In brief: Hoon names May as earliest reform date

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Licensing structure for defence manufacturing by the MCI

On 1 January 2019, the Ministry of Commerce and Industry (MCI) vide Press Note No.1 of 2019 Series (Press Note 2019) specified the list of defence items under the Industries (Development and Regulation) Act, 1951 (IDRA) and the list of arms and ammunitions requiring license under Form VII of the Arms Act, 1959 (Arms Act), […]

When directors enter the zone of insolvency – the rules in Guernsey

Not for a long time has the importance of understanding and managing a director’s duties in times of financial distress been so overwhelming. Here, Carey Olsen partner David Jones and associate Tim Molton examine those duties in greater detail, particularly in relation to Guernsey’s company law. 2018 saw a number of high-profile insolven­cies around the […]

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By David Manda Specialist Real Estate Litigator David Manda explains ‘contracted out’ or ‘non-protected’ leases of business premises. In particular, David looks at some of the issues that can arise on lease expiry and offers practical advice for landlords and tenants alike. What is a ‘contracted out’ lease? When referring to a ‘contracted out’ or […]

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Linklaters-Schon Nolte split looms

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Lawyers “silent' over money laundering

Not enough lawyers are reporting suspicions of money laundering by clients, according to the Financial Action Task Force on Money Laundering (FATF). The OECD-backed agency, in its first report since it was set up last year, called for lawyers to be better trained to recognise suspicious transactions. The UK imposes obligations on lawyers to report […]

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Outraged judges say tape recorders not an option

The Lord Chancellor’s Department has outraged judges and barristers by proposing to replace court stenographers with tape recorders. A Court Service consultation paper issued last month proposed the introduction of tape recorders. It wants to abort an existing programme which has seen traditional shorthand typists replaced by a computer-assisted transcription system (CAT) in 177 of […]

Lawyers expected to “vary' Diana's will

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