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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Protecting the debtor

Anne McGrath says insolvency law reform is still high up on the Government’s agenda. The Queen’s Speech has come and gone with n’er a royal whisper of the proposed reform of insolvency law, which Secretary of State for Trade and Peter Mandleson have been strongly pushing for. But the DTI has confirmed that it is […]

Quote of the week

Our idea of a holiday is taking a long weekend in any European city and visiting the art exhibitions.” Lord Irvine explains to readers of The Sun that really, he’s just like them.

Property battle lost

The international property battle arising out of the collapse of Asil Nadir’s Polly Peck empire has finally reached the House of Lords. However, it has ended in failure for four Greek Cypriot companies that had sought to sue the admin-istrators of Polly Peck International in the UK courts in respect of property in the unrecognised […]

Breaking down the barriers

The harmonisation of insolvency laws across Europe remains uncertain, write Howard Morris and Katharine Theobald. Howard Morris is a partner and Katharine Theobald a solicitor at Denton Hall. The idea of a European Convention on Insolvency Proceedings to harmonise substantive insolvency laws across Europe was first explored in 1960. On 23 November 1995, the convention […]

Solicitor advocates one-stop shop is a sham, says Swift

A leading silk last week attacked government plans to extend rights of audience for solicitors in the higher courts, insisting that in practice the one-stop shop is a sham. In June the Lord Chancellor, Lord Irvine, said all solicitors would be granted rights of audience on their first day of admission and legislation is expected […]

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