Banking on it

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Latest Briefings

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 […]

Contracted out leases: What are they and what happens when they end?

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 […]

Passenger data – should Airlines be worried?

By Marilia Frias, Carolina Moniz Marília Frias, senior associate of the Information, Communication & Technology practice, writes an article dedicated to passenger data protection for air carriers in Portugal for the March/April edition of the Legal Business magazine. In this article, focused in the new PNR Law (PNR – passenger name record ), the lawyer […]

Ministry of Transport and Logistics Notice No. 1426, of 10 April 2019

By Jose Miguel Oliveira, Miguel Soares Branco Gabon launches its own International Ship Registry The Minister of Transport and Logistics of Gabon has recently issued a notice informing the official launching of its International Ship Registry, a joint venture between the State of Gabon and Emirati Group Inter Shipping LLCC. The opening ceremony will formally […]

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Mishcons secures prison sentence in Microsoft case

Mishcon de Reya has scored a rare criminal ­conviction from an IP case, securing a jail sentence on behalf of Microsoft against a parallel importer. The decision marks the end of an IP litigation that started five years ago, when Microsoft first took action against Itac, a company run by Barry Omesuh. Mishcons contentious IP […]

Spanish deals

When negotiating pre-insolvency agreements in Spain, lawyers should take into account directors’ liability, say Alberto Núñez-Lagos and Ángel AlonsoWith the current financial crisis, many companies are resorting to out-of-court restructurings or renegotiations as opposed to going to court to handle their insolvencies. When negotiating pre-insolvency agreements in Spain, lawyers should take into account directors’ liability, […]

Redemptions on song?

Recent Cayman, Bermudian and BVI court decisions have given practitioners a heads-up on fund redemption legislation. With the hedge fund industry severely impacted by recent events, many offshore funds have been left facing serious liquidity issues and substantial redemption requests they cannot meet. In order to trade out of difficulty or preserve assets for the […]

Cripps Harries Hall

Cripps Harries Hall” class=”inline_image inline_image_left” src=”/pictures/web/images/16377_P7_Cripps.jpg” />By winning a seat on the Crossrail panel this year, Cripps Harries Hall has fixed its place at the big ­projects table. The firm began the association after picking up Channel Tunnel organisation HS1, which hands the firm property work at stations along the high-speed railway line. The South […]

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Cobbetts: Tough guise

A demanding few years for Cobbetts has seen the battle-hardened firm take a no-nonsense approach to getting back on track. Cobbetts has hit the headlines over the past 12 months, but not for the reasons the firm’s management would have wanted. It was one of the first firms to launch large-scale redundancy programmes, making three […]

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