Related briefings

Cayman Islands Funds Update: Q2 2020

This briefing provides a summary of a number of recent changes to laws and regulations which have been enacted in the Cayman Islands over the last quarter which impact, or will impact, Cayman Islands funds.

Cayman Islands Court of Appeal re-examines master-feeder redemption procedures

Introduction In the matter of Ardon Maroon Asia Master Fund (in Official Liquidation), CICA, 20 May 2020, the Cayman Islands Court of Appeal has reiterated the importance of following the natural and ordinary meaning of a fund’s articles, in order to ensure that redemptions are effective. This is particularly important in the context of a master-feeder […]

Cayman Islands bank regulatory update – July 2020

The Monetary Authority (Administrative Fines) (Amendment) Regulations, 2020 (the Amendment) came into force in the Cayman Islands on 26 June 2020. The Amendment amends Schedule 1 of the Monetary Authority (Administrative Fines) Regulations (the Regulations) to extend the administrative fines regime beyond breaches of the Anti-Money Laundering Regulations to a much broader spectrum of breaches under various Cayman regulatory laws, including the Banks and Trust Companies Law (collectively, the Regulatory Laws).

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, […]

Latest Briefings

Court of Appeal rules in favour of landlords

The Deregulation Act 2015 (the DA) and its Regulations significantly extended the obligations of landlords in the residential rental sector. The Act was of equal significance to fixed charge receivers who automatically assume the landlord’s legal duties to the tenant upon appointment.

Examination of the relationship between e-sports and violence

It is of great importance to examine acts of violence resulting from the competitive environment in e-sport games where the games are played individually as well as a team, also where the physical and mental attributions are prominent, and the legal character of such acts. The sanctions for acts of violence caused by e-sports players or third parties involving in the games without playing are, in general, determined by the respective publishers of the game based on the tournament rules.

Upper Tribunal revisits “What is an HMO?”

It is vital that landlords, tenants and local authorities all understand when a property should properly be classed as a House in Multiple Occupation (HMO). The Upper Tribunal has recently revisited this issue as it affects blocks of self-contained flats in the case of Hastings Borough Council v Turner.

BoE encourages market participants to move from LIBOR to risk-free rates

The Bank of England (BoE) provides liquidity to market participants and lends to firms against a wide set of eligible collateral. To encourage market participants to move away from LIBOR, the BoE has announced new policies for the treatment of LIBOR-linked collateral in the BoE’s Sterling Monetary Framework lending operations.

Recommended

Pret a Manger

Skadden wins mandate for Pret on its EAT purchase

Skadden Arps Slate Meagher & Flom is one of three firms advising on Pret a Manger’s purchase of rival food chain EAT. The Skadden team was led by London corporate partners Richard Youle, Katja Butler and Linda Davies, who represented Pret and its owner JAB Holding. Freshfields Bruckhaus Deringer partner Alex Potter, advised on antitrust […]

/e/n/q/Delahunty_Louise_sullcrom_2013.jpg

Former Cooley partner joins McCann FitzGerald’s City office

Ireland’s McCann FitzGerald has announced a raft of senior appointments, including the hire of white collar crime partner Louise Delahunty as a consultant in its London office. The Irish firm has also confirmed two other consultant hires – picking up pensions lawyer Catherine Austin from rival Arthur Cox, where she was a partner, and Brussels-based […]

Recruit legal talent

Get your role in front of over 300,000 legal professionals when you advertise with The Lawyer. Our team of experts provide bespoke solutions to help solve all your recruitment challenges.

Find out more