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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Freshfields sees Goldman et al through APB offer

Freshfields Bruckhaus Deringer has landed the lead advisory role for a Goldman Sachs-led consortium on its £2.4bn bid for Associated British Ports (ABP). The consortium, which includes Borealis Infrastructure Management, GIC Special Investments and Goldman Sachs, made an 810p per share offer for ABP last week. The ABP board has granted the consortium time to […]

Wragges’ revenue tops £100m mark

The sound of crunching numbers has been echoing through the corridors of Midlands firms during the past month as the financial year drew to a close. Birmingham giant Wragge & Co came out on top, posting a record 28.7 per cent increase in average profit per equity partner (PEP) for 2005-06, rising from £307,000 to […]

Taxman elected new senior partner at Travers

Travers Smith has elected former managing partner Alasdair Douglas as its new senior partner, replacing the retiring Christopher Bell. Douglas takes up his new role on 1 July, and will also continue fee-earning in the tax department. He was previously managing partner between 1995 and 2001, before being replaced by Chris Carroll. Bell has been […]

Bird & Bird soars high on back of European growth

Bird & Bird soars high on back of European growth” />Bird & Bird has had a record year, boosting both turnover and profit per equity partner (PEP) by 20 per cent. The firm is close to breaching the £100m mark for the first time, with turnover reaching £96.5m, up from £80m the previous year. Profitability […]

Freshfields PEP jumps 19 per cent to hit £830,000

Freshfields Bruckhaus Deringer’s average profit per equity partner (PEP) is expected to jump by a whopping 19 per cent for the last financial year. Based on preliminary results PEP at the all-equity partnership is expected to rise from £700,000 to £830,000 for the 2005-06 financial year. Top of equity is predicted to rise by 14 […]

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