By Susan Battye, Jennifer Bassett An employee who alleged that she had been discriminated against on the grounds of disability and had been constructively dismissed when she was forced to retire early due to ill health has been awarded the equivalent of 18 months’ salary in the recent case of An Executive Assistant v A […]
By Colette Wilkins, Xia Li In the recent decision of the Grand Court of the Cayman Islands In the matter of Global-IP Cayman (unreported, 21 July 2020) , Parker J took the opportunity to remind practitioners of their duty to conduct litigation efficiently, economically and on a reasonable basis. By way of brief background, the petitioner presented a […]
By Adam Cole, Adam Pickering, Rachel Amos In the midst of the ongoing global turmoil caused by the Covid-19 pandemic, Guernsey’s finance industry has emerged from the local lockdown in a relatively strong condition. The GFSC has already resumed routine onsite inspections, is in the process of enhancing the financial crime risk returns that are submitted […]
The Cayman Islands beneficial ownership regime (“Regime”), which came into force on 1 July 2017, has been revised by amendments to the laws which came into force on 29 June 2020, with amendments to the associated regulations on 31 July 2020 (together, the “Amendments”).
When employees of regulated financial services providers breach the standards required of them, dismissal may be considered a reasonable sanction, provided the employer complies with its disciplinary procedures and the principles of natural justice.
By Philip Pepper The Chancellor has announced an expansion of the Job Support Scheme to support businesses required to close due to local or national lockdowns How will the expansion to the scheme work? Companies who are legally required to shut for some period over winter as part of local or national restrictions will be given […]
By Gregory Campbell, Chirag Zaveri In the first year and a half since the General Data Protection Regulation (GDPR) went into effect, over 275,000 complaints were filed and over £400M in fines issued. Some 70% of surveyed businesses worldwide failed to address requests made from individuals seeking to obtain a copy of their personal data as […]
By Marija Vlajković and Andrea Lazarevska It has been exactly eight months since the Republic of North Macedonia adopted the new Law on Personal Data Protection (“Law“), largely in compliance with the GDPR, entering into force only a few days after it was promulgated. Controllers and processors were afforded 18 months in which to align their […]
OKR stands for Objectives and Key Results. As the name suggests, OKRs are a method of setting out objectives and tracking their progress and the resulting impact on broader business goals. OKRs are one of two objective tracking options we support within the Weekly10 platform (SMART goals being the other). Keep reading for a breakdown of […]
Even before the advent of the Coronavirus, two major factors were already impacting upon the global insurance industry, namely, the beginning of a hardening market and the potential results of Brexit.
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Ashurst and Reed Smith have acted on JPIMedia Group’s sale of its printing plants to the owner of the Daily Mail. As part of the deal, dmg media has acquired JPIMedia Print Holdings Ltd and its subsidiaries across three print sites – Dinnington, Portsmouth and Carn in Northern Ireland. Ashurst acted for regional publisher JPI, […]
Clyde & Co has parted ways with Scottish real estate firm Simpson & Marwick, just five years after the firms merged. The firms merged in October 2015, marking Clydes’ first foray into Scotland. Now Simpson & Marwick has decided to go it alone, with its 26-strong residential property team moving to new offices. Simpson & […]
Ashurst has made 15 partner promotions, six months after it announced this year’s round would be delayed as part of its precautionary Covid-19 measures. Four of the new promotions are based in London, with one partner in global loans, real estate, finance regulatory and dispute resolution apiece. None of the quartet are understood to have […]
Baker McKenzie is debuting a global innovation subsidiary that will collaborate with lawyers across different practices to develop products as part of a large-scale investment in new solutions. The firm is investing more than $2m in a pilot around a new global arm, called Reinvent, that will be led by London IP partner Ben Allgrove, […]
JMW has made 19 redundancies, including seven fee-earners in its property team. The firm said that 19 roles had been redundant, including six Manchester fee-earners in real estate commercial, and one in London. It did not specify which departments the remaining twelve roles were in. Their employment completes on 31st October. JMW said that the […]
The issue of how best to reward partners never goes away What are the biggest quandries for law firm leaders right now? It’s a long list: staff wellbeing, business stability, strides in diversity and client satisfaction, but another never-ending problem is how to keep the partnership happy. Often that involves a complete overhaul of a […]