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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CSFB rejig sees Volk appointed chairman

Credit Suisse First Boston (CSFB) has appointed Stephen Volk as chairman The former Shearman & Sterling senior partner left the firm last summer to take up a post as CSFB vice-chairman.Volk’s ascension to chairman comes as part of a programme of restructuring at the banking giant. He replaces Joe Roby, who announced his intention to […]

Heated debates

Merger negotiations are a tricky business and can, quite understandably, take a not inconsiderable amount of time.But why do you suppose that late January often heralds the news of the conclusion of a succession of negotiations to sign up either firms or partners in Mediterranean climes?A couple of weeks ago, for example, it was announced […]

Legal Widow

It’s promotion time again in the classroom, and the Lawyer, who fancies himself a kingmaker in these matters, is advising Subjudice, who’s going for head girl.“You have two strategies,” he told her. “Threaten to leave, or find someone whose leg you can cling to.”“What about working hard and being popular?” asked Subjudice. The Lawyer snorted, […]

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