Related briefings

New regulations enable BVI companies to trial innovative fintech products

The British Virgin Islands recently introduced new regulations relating to products and services in the innovative fintech space, reaffirming its commitment to remaining a jurisdiction of choice for new financial products and services. These new regulations represent an exciting development in the approach taken by the BVI to the regulation of novel financial technology, representing a good balance between oversight and accountability on the one hand, and freedom to innovate on the other.

Cayman Islands restructuring – current state of play

Until the Cayman Islands introduces any changes to its corporate insolvency regime, with the COVID pandemic pushing many groups into the zone of insolvency, the following considerations remain relevant to structures involving a Cayman Islands entity: In recent years the Cayman Islands courts have become increasingly sympathetic to the needs of debtor companies looking to […]

Constellation: a dazzling success for BVI restructuring

In February 2020 the British Virgin Islands Commercial Court sanctioned a creditor scheme of arrangement, which was part of a much larger cross boarder restructuring. This scheme of arrangement, which as a creditor scheme was itself rare for the BVI, was preceded by the BVI’s first ever “soft touch” provisional liquidation (in linked proceedings), which commenced in December 2018.

Latest Briefings

SRA provides some breathing space for law firms struggling to obtain PI cover

By Zarina Lawley The Solicitors Regulation Authority (SRA) recently published a useful Q&A article on their website which we recommend all law firms take the time to read. It summarises some of the most common queries the SRA has received from solicitors about their rules and the potential impact of Coronavirus. The article discusses professional […]

New transparency measures in the public procurement field

1. Background Despite the constant update of the public procurement legal framework, the Romanian authorities have signalled several issues related to the public procurement contracts granted to certain companies, in circumstances which are not able to comply, in all cases, with the general principles of transparency and equal treatment. Thus, in order to ensure the […]

Montenegro: Insight into the New Companies Act

The new Montenegrin Companies Act which entered into force on 11 July 2020, is an innovative and thoroughgoing codification of Montenegrin Corporate Law. The legislator opted for a comprehensive legal instrument which, compared to the previous law, contains more detailed and exhaustive rules determining the establishment, management, restructuring, termination and functioning of business entities.

Coronavirus Digest no. 2: Patents and other intellectual property rights

Second volume of the Digest prepared by PLMJ and Inventa International on the crossover between the area of intellectual property and the challenges of COVID-19, especially regarding patents and utility models, as well as all the information on the path to obtaining a vaccine.

Recommended

Tom Leech

Moves: 20 January 2014

Move of the week Maitland Chambers’ silk Tom Leech QC has quit the bar to join Herbert Smith Freehills’ advocacy unit. He joins as the fourth partner in the department. Leech specialises in professional negligence and commercial, company and property litigation. Leech was called to the bar in 1988 and took silk in 2010.   […]

Top 10 Australian M&A predictions for 2014

By David Ryan and Lyndon Masters The results are in — 2013 was another tough year for the Australian mergers and acquisitions (M&A) market overall. However, despite a sluggish first half of 2013, we saw increased M&A activity in the second half of the year (with three of the biggest M&A deals of the year commencing […]

Lloyd's of London

Furious firms threaten action over “botched” SRA insurance list

Law firms named for allegedly not obtaining indemnity insurance have attacked the profession’s regulator – with some understood to be considering legal action – claiming the process was unfair and slapdash. The Solicitors Regulation Authority published last week a list of 136 firms that had allegedly not obtained insurance by the SRA’s end-of-year deadline and […]

DublinIndex

Ireland: The American connection

Inward investment to Ireland is rising, just the tonic for its law firms Ever since the first Irish immigrants set sail for America in the 17th century, the US and Ireland have shared a close relationship – only accentuated in recent years when it emerged that President Barack Obama was descended, through his mother, from […]

Countdown to April 2014

April 2014 will see a raft of new employment legislation hitting the statute books — in preparation for the changes, here is a quick overview of what’s in store. Discrimination questionnaires are to be abolished. This is welcome news as the questionnaires are notoriously laborious, time-consuming and costly to complete. Mandatory ACAS early conciliation (EC) will […]

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