Latest Briefings

Roberts case – a summary

The name of this case may seem familiar; perhaps too familiar given the time it usually takes for matters to proceed through our court system. However, you’d be right. This is the third preliminary issue in the matter of Harry Roberts (a minor and a protected party by his mother and litigation friend Mrs Lauren […]

Covid-19: Duties of Guernsey directors

As companies continue to adjust to operating under the various regimes put in place by both the States of Guernsey and governments globally in response to the COVID-19 pandemic, and even now look forward to how and when restrictions may be eased, the Guernsey Financial Services Commission (the GFSC) has issued guidance on matters they believe directors should give particular regard to when undertaking their role.

Retrospective submission of a contract of sale

On 8 May, 2020, the Supreme Court of Cyprus delivered its much-awaited judgement in the context of the appeal 68/19 (Appeal), granting leave for the submission of an application for the issuance of a Certiorari, a prerogative writ.

Covid-19 litigation update

New Practice Direction 51ZA Extension of Time Limits and Clarification of PD51Y Almost three weeks ago saw the publication of the 118th Practice Direction Update to the Civil Procedure Rules. This new practice direction, namely practice Direction 51ZA, sought to revise the usual procedures for the extension of time limits and to provide clarification on […]

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A&O, CC, Norton Rose land Barclays roles

Allen & Overy (A&O), Clifford Chance and Norton Rose have scooped lead roles on Barclays’ £4.5bn share issue. Norton Rose partner Martin Scott led the firm advising the China Development Bank in its purchase of £136m of new shares. Longstanding Barclays adviser Clifford Chance is leading the bank on the investment, which will see sovereign […]

SFO lambasted over collapse of Goldshield case

The taxpayer could foot a bill of around £40m after the Serious Fraud Office (SFO) was forced to drop a high-profile case against Goldshield Group. The SFO had accused pharmaceutical company Goldshield of conspiring to defraud the NHS through an alleged pharmaceutical cartel. However, the SFO’s original indictment only related to price-fixing, which alone is […]

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Spain’s ship finance market: special rules on finance leases

Despite the international market’s uncertainty and volatility, the ship finance market in Spain is still experiencing rapid and steady growth. This is largely due to growing interest in the field from banks that have been traditionally wary of the sector. These banks, which often restricted their participation in ship finance transactions to the issuance of […]

Current economic conditions in the shipping finance market

The shipping and ship finance markets have always seen strong cyclicality – but for once the current driver for change is not from the shipping market itself, but in the financial market with the banking liquidity crisis which originated in the US sub-prime housing market. So, what can an owner expect if it approaches its […]

Salans’ HR goes global with Hesketh hire

Salans’ chief operating officer, Neil ­Woodcock, appreciates that traditional career paths are a thing of the past – that is why he has signed up a global HR head. Salans has snapped up former ­Freshfields Bruckhaus Deringer HR ­manager Judith Hesketh. The ever-expanding reach of the firm, together with changing attitudes to happiness at work, […]

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