Latest Briefings

Cartels and the construction sector: Levelling up and screwing down

In recent years, the UK’s construction sector has not had a happy track record with respect to competition law enforcement, where the Competition and Markets Authority has fined construction companies a total of £67 million across five cases. Of particular significance is the increased focus on individual responsibility, as these cases also led to the disqualification of 11 directors and two criminal convictions.

Snapshot: Enforcement of foreign arbitral awards in the Cayman Islands

Foreign arbitral awards may be enforced relatively quickly and easily in the Cayman Islands and the Cayman Islands courts are willing to assist with the recovery of judgment debts. This Snapshot provides an overview of the recognition process and the steps that are then available for enforcement.

Jersey Royal Court concludes there is no substratum rule that applies to Jersey trusts

The Royal Court has recently clarified the Jersey law position of whether a trust is able to lose its substratum. Following analysis of the recent decision of the Bermuda Court of Appeal in Grand View Private Trust Company Limited v Wong & Ors, the Royal Court concluded that there was no substratum rule which applied to Jersey trusts and that powers of addition or exclusion contained within Jersey trusts should be given their natural meaning.

Working with AI

On 23 September 2021 Shoosmiths hosted its latest IHL webinar on working with AI: the key types, implementing AI and what the future might bring. Ian Blackwell represented Next Retail Ltd on the panel, alongside Simon McArdle and Sebastian Price, Commercial Partners at Shoosmiths.

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Conyers advises Natixis on $270m Seabras-1 financing

“Conyers Dill & Pearman provided Bermuda law advice to Natixis, in connection with the debt financing for Seabras-1, a new subsea fibre-optic cable system between the commercial and financial centers of Brazil and the US developed by Seaborn. Natixis acted as sole structuring bank, underwriter, and mandated lead arranger for the senior debt facilities. Natixis also […]

Shoosmiths advises TTA on sale of The Travel Network Group

Shoosmiths has advised TTA (2007) Ltd on the sale of The Travel Network Group Ltd to a newly established company, TTNG Investments Ltd as part of an internal management buyout. TTA (2007) Ltd is backed by Alcuin Capital, who specialise in making growth capital investments and supporting management buy-outs in smaller-middle market companies based in […]

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