BVI Norwich Pharmacal relief: an international problem now addressed by statute

The BVI legislature has just brought into force a statute, the Eastern Caribbean Supreme Court (Virgin Islands) (Amendment) Act 2020, best known for restoring the Black Swan jurisdiction providing a fresh basis for the grant of interim relief in the BVI in support of substantive court proceedings elsewhere.

Related briefings

Snapshot: starting civil proceedings in Guernsey

Civil litigation procedure in Guernsey is governed by The Royal Court Civil Rules 2007 (“RCCR”). All commercial disputes with a value over £10,000 will be heard in The Royal Court of Guernsey, disputes with a lower value, known as Petty Debts, are dealt with in the Magistrate’s Court.

How offshore law firms have stepped up to the challenges of 2020

In this interview, excerpts of which originally appeared in Asian Legal Business, Ogier partner and head of ESG Funds in Hong Kong Kate Hodson discusses how offshore law firms have stepped up to meet this changing business landscape, the ramping up of regulations, and the growing momentum around ESG.

Cayman Islands Funds Update: Q4 2020

Despite the beginning of 2020 being marked by a large number of new regulations in the Cayman Islands, the number of changes to laws and regulations that impact or may impact funds constituted in the country was significantly lower in the last quarter of 2020 than verified previous quarters. Specifically, the regulatory bodies and competent authorities focused on receiving clarifications and refinements to the existing regimes, which continued to occur in January 2021.

PRI’s new reporting framework – are you ready?

On 12 November 2020, Principles for Responsible Investment (PRI) issued significant updates to the reporting framework (RF) for signatories. The new requirements are more focused on “real world” outcomes meaning signatories needs to show how environmental, social, and governance (ESG) factors are integrated into investment analysis and execution.

Advance healthcare directives under Cayman law

An advance health care directive is also known as a living will. It is actually not a new concept but is new to being recognised in the Cayman Islands. In 2019 the Health Care Decisions Act was implemented in the Cayman Islands.

Latest Briefings

What does the Budget 2021 mean for residential property?

As anticipated, the Chancellor in his 2021 Budget has extended the current Stamp Duty Land Tax (SDLT) holiday and has also introduced additional measures in the hope of boosting the property market. Our Residential Property team provide an overview.

How voice-based document production helps your firm win more business

Throughout the lifecycle management of a client, a great deal of correspondence and documentation is produced. This briefing explains how a speech-to-text document production process can transform client responsiveness and help the firm win more business.

The advantages of Freeports examined following Budget 2021

Businesses operating Freeports will benefit from more generous tax reliefs, customs benefits and wider government support, bringing investment, trade and jobs, but what exactly are the advantages businesses can expect to gain from operating in a Freeport?

Budget 2021: The employment implications

Rishi Sunak has announced the much-awaited budget for 2021 hailing protection for the “jobs and livelihoods of the British people”. Outlined below are the key elements impacting employers and their wider workforce.

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Shoosmiths appoints inaugural GC

Shoosmiths has appointed its head of personal advisory as its first general counsel (GC). Richard Follis takes on the inaugural GC role at the 196-partner firm, where he will enhance focus on managing the increasing compliance burden required to support business activity, as well as take on the quality and risk responsibilities that sit with […]

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Revealed: The Hot 100 2021

Members of The Lawyer Hot 100 have just two things in common. The first is excellence. Every year, our Hot 100 covers an incredibly diverse mix of legal professionals: scrappers from the rough and tumble of criminal law; sharp-suited corporate dealmakers; intellectuals and silver-tongued advocates from barristers’ profession; the in-house counsel with the ear of […]

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Cornerstone launches investigation in response to member’s tweet

Cornerstone Barristers has said it “repudiates the contents” of a tweet made by one of its members, with the set launching an internal investigation into the matter. The tweet was made by Jon Holbrook, who was called to the Bar in 1991. Cornerstone said the post, published on 17 January, was brought to its attention […]

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Cornerstone expels barrister after Twitter race row

Cornerstone Barristers have voted to expel a member from chambers after claiming his statements on Twitter were “irreconcilable” with the set. Cornerstone’s decision to dismiss Jon Holbrook, who was called to the Bar in 1991, was confirmed on Sunday morning and was the result of a chambers meeting where members voted to expel following an […]

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