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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A&O and Freshfields lead as LSE agrees merger with Canadian exchange

Allen & Overy (A&O) and Freshfields Bruckhaus Deringer took the UK side mandates on the merger of the London Stock Exchange (LSE) and the owner of its Toronto counterpart. The Freshfields team acting for the LSE is led by corporate partners Philip Richards and Andrew Hutchings, with tax partner Jonathan Cooklin, competition partners Simon Priddis […]

Pinsents targets construction work with Chinese tie-up

Pinsent Masons has formed an alliance with a Chinese firm so that it can expand the amount of construction clients it acts for. Pinsents has signed an agreement with Beijing Hesen Law Firm, which is led by construction lawyers Ye Wanhe and Elvis Zhou. This alliance is in addition to three of its own offices […]

Commission analyses consultation as Europe awaits decision on unified law

Competition for legal services across Europe could increase significantly if a ­unified contract law is ­introduced under controversial European Commission proposals. A consultation closed on 31 January with member states split on the issue. The Commission received 181 responses to the proposals. The consultation green paper was launched in July 2010, seeking comment on the […]

Putting associates in their place

Two major City firms, two new Belfast offices, two extraordinary taxpayer handouts to City firms. Last year Herbert Smith revealed to a largely approving market that it was setting up a document review centre in Northern Ireland (TheLawyer.com, 24 November).  In contrast, Allen & Overy’s (A&O) ­announcement last week (TheLawyer.com, 2 February) that it […]

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Trio of London boroughs merge legal services as part of spending squeeze

Three London boroughs have announced their plans to merge back office functions, including legal services, in a move designed to generate £35m of savings by 2014. Together the three legal departments of Hammersmith & Fulham, Kensington & Chelsea and Westminster employ 122 people, including 70 lawyers, and spend £11m on internal and external matters and […]

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