Latest Briefings

Covid-19: Restriction of state court activity and alternative dispute resolution methods

By Vladimir Komarov The ” Black swan ” of coronavirus has already led such economic sectors as tourism, air transportation, hotel business, and non-food retail to a deep crisis. We can confidently predict that violations of contractual obligations, unilateral termination of contracts and other consequences of the disease and measures to combat it will affect […]

Bermuda amends national pension scheme – update #4

The amendments to section 24 of the National Pension Scheme (Occupational Pensions) Act 1998 (“the NPS Act”) that expand the ability of members and former members of defined contribution pension plans and local retirement products to obtain limited refunds from their pension balances, will become operative on 1 June 2020.

Guidance for directors of Jersey, Guernsey and BVI companies in extraordinary economic circumstances

We are living in challenging times, arguably far more challenging than in 2008 given the supply and the demand side issues all businesses are facing, and the concerns as to our personal well-being and that of those around us. Against such a backdrop, informed decision-making by directors is all the more complicated, and so too any assessment of the risks that directors face in trying to steer a company through what are often unchartered waters.


Herbies finds 84 volunteers to take redundancy

Herbert Smith has concluded its redundancy consultation with all those due to leave the firm opting for voluntary redundancy. In April the firm revealed plans to cut 84 positions from its London practice while also freezing salaries at the 2008-09 levels (20 April). In a statement released today Herbert Smith said it had received “sufficient […]

People Moves

Finers Stephens Innocent has hired Addleshaw Goddard’s head of equality Jane Amphlett. Jane Amphlett Move of the week She joins as a partner in the employment group, having been a partner at Addleshaws. Finers managing partner Paul Millett said: “This is the fifth partner-level lateral hire we have made in the past year.” UK LONDON […]

Mishcons snares Hunter for construction role

West End firm Mishcon de Reya has hired Finers Stephens Innocent (FSI) partner Simon Hunter to head its construction team. The newly created position will see Hunter head a team of three partners. At FSI, Hunter led the construction practice for three years. He specialises in contentious and non-­contentious issues and will form part of […]

Camerons: turnover rises but profit drops

CMS Cameron McKenna has kicked off the financial reporting season by announcing a slight rise in turnover alongside a 15 per cent drop in its average profit per equity partner (PEP) figure. Camerons, the first top-20 firm to release its figures for the 2008-09 financial year, saw its revenues increase from £235.5m to £240m. However, […]

Dorsey parts company with partner facing FSA charges

The Dorsey & Whitney partner at the heart of an FSA insider trading case has been sacked by the firm. London corporate partner Andrew Rimmington is facing criminal charges along with former McDermott Will & Emery partner Michael McFall over their involvement in Novartis’ takeover of Manchester-based biotech company Neutec in 2006 (20 May). Rimmington’s […]

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