In the UK, it is common for mutual-enforceability covenants (the nature of such covenants is explained below) to be found in the leases of flats located in apartment blocks. The enforcement of such a covenant was considered by the UK Supreme Court in Duval v 11-13 Randolph Crescent Ltd  UKSC 18. While such mutual-enforceability covenants are (to the best of the author’s knowledge) not used in the Cayman Islands, the decision offers important lessons about leasehold obligations, especially where the same landlord enters into leases with multiple tenants in the same building.
Where a potential judgment debtor in “onshore” proceedings threatens to dissipate its assets, the plaintiff may face a Pyrrhic victory with no assets against which to enforce its judgment. Where the defendant is a Cayman company or has assets in Cayman, the Cayman Court has a statutory jurisdiction to grant a freezing injunction in aid of those foreign proceedings, which can extend to the worldwide assets of the defendant.
The States of Guernsey has adopted regulations permitting foreign limited partnerships to migrate or continue into Guernsey using the statutory migration process set out in the Limited Partnerships (Guernsey) (Migration) Regulations 2020 (the Regulations).
The Cayman Islands Monetary Authority (CIMA) has updated its Rule and Statement of Guidance – Cybersecurity for Regulated Entities following feedback received during a private sector consultation.
As we emerge into a post-pandemic world every industry will need to take stock, evaluating the changes that are here to stay and the adaptations we need to make to suit the new environment. Craig Cordle examines the developments and resilience of Guernsey’s funds industry.
In this context, the Portuguese communications regulator (ANACOM) published on 4 August 2020 a draft document aimed at transposing the EECC (the Draft Transposition of the EECC), following a public consultation launched by the Government/ANACOM on 26 November 2019, in which various stakeholders provided their inputs on the matter. As a general rule, the draft transposition […]
Wrongful trading is a term that has received quite a bit of press over the last few months, mainly through the headlines generated by the UK Government’s unprecedented amendment to the wrongful trading provisions contained within our insolvency legislation. But what exactly is wrongful trading and what has changed?
Avon and Wiltshire Mental Health Partnership & North Bristol NHS Trust v WA & Ors  EWCOP 37 Introduction This application concerned WA, a Palestinian refugee, who believes he was born on 29 December 1994, and who was therefore 25 years old. WA is a patient at Southmead Hospital, Bristol, having been admitted due to malnourishment. […]
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 University . Employers should take […]
On 16 July 2020, the AMF announced that it has amended its policy recommendation DOC-2020-03, which sets out information related to non-financial criteria such as ESG, that may be disclosed by French collective investments and foreign UCITS authorised for marketing in France.
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Taylor Wessing has worked with Wilson Sonsini Goodrich & Rosati on a new technology product to help clients concoct their return to the office strategy, the latest step in a non-exclusive agreement relationship struck by the two firms in 2019. The firms relied on software development work carried out by SixFifty, a technology subsidiary owned […]
A High Court scrap between the Bank of San Juan Internacional (BSJ) and Venezuela’s state-owned Petroleos de Venezuela (PDVSA) is ongoing after Mr Justice Foxton adjourned Allen & Overy’s bid for summary judgment. This occurred during a hearing that took place at the end of last month, during which time Dentons came on record for […]
The London Universities Purchasing Consortium (LUPC) is seeking firms for its new £30m panel. LUPC has kicked off a multi-provider framework agreement, which will also be available to to its partner members; North Eastern Universities Purchasing Consortium (NEUPC), North Western Universities Purchasing Consortium (NWUPC), Southern Universities Purchasing Consortium (SUPC), Higher Education Purchasing Consortium, Wales (HEPCW). […]
Simpson Thacher’s litigation lawyers generated more than $3m each last year, placing the New York firm at the top of the revenue per lawyer (RPL) ranking in the new Global Litigation 50 report, The Lawyer can reveal. Indeed, Simpson Thacher ($3.02m) is the only firm with an RPL figure above $3m. Its closest competitors are […]
DLA Piper is set to shake up the UK’s litigation funding market by introducing its own client pot worth £150m, financed in part by a new platform. The funding product is the result of a collaboration between DLA, Litigation Capital Management (LCM) and new third-party funder, Aldersgate Funding. Aldersgate Funding will be led by former […]
Students on the Bar Professional Training Course have voiced their anger after technical problems derailed their first online exam. Following the outbreak of the coronavirus pandemic, the BSB delayed certain BPTC exams until August then, following an outcry from students, announced the exams would be take place online instead. The delivery method chosen to allow students […]