Cayman – liquidators’ clawback powers confirmed

Sign in or register to continue reading.

Gain access to the latest news from The Lawyer.com, our jobs board, career insight and much more.

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3723 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here 

Related briefings

Jersey employment law, pensions and incentives

This Starting Point Guide provides a brief overview of Jersey employment law. SOURCES OF JERSEY EMPLOYMENT LAW The duties of Jersey employers and employees derive from a number of sources which include: statute; customary/common law (i.e. judicial precedent); and employment contracts and other documentation. There is less employment legislation in Jersey than in the UK…

Data protection and subject access – a changing landscape

DAWSON-DAMER & ORS V TAYLOR WESSING LLP [2017] EWCA CIV 74 Could a UK law firm be compelled to provide personal data which it held by reason of it having advised the trustee of a Bahamian Trust? The Court of Appeal of England and Wales has held – quite emphatically – that the answer is […]

Incorporated cell companies in Guernsey

This briefing note describes the key features of the incorporated cell company (“ICC”) and summarises the formation, structure and liquidation procedures particular to this type of company. The Companies (Guernsey) Law, 2008 (the “Law”) provides for the creation of the incorporated cell company. An ICC is a company which has the power to establish incorporated […]

Directors’ duties, liabilities and indemnities in Guernsey

The advent of the solvency based approach to company activity in Guernsey brings into critical focus the scope and nature of the duties incumbent upon the directors of a Guernsey company. Gone are the prior capital maintenance provisions required under now superseded legislation and the need for Court approval of significant corporate actions. In its […]

BVI winding-up proceedings – Pacific Andes

The BVI Commercial Court (the Honourable Justice Davis-White QC [Ag]) has recently ordered the appointment of liquidators over Pacific Andes Enterprises (BVI) Limited, Parkmond Group Limited, and PARD Trade Limited (the “Companies”), three BVI incorporated companies forming a key part of the China Fishery Group. The applications were unsuccessfully contested on the principal ground that […]

Latest Briefings

Update on EC proposals to amend UCITS, AIFMD, EuVECA and ELTIF to facilitate cross-border distribution

On 12 March 2018, the European Commission issued a proposal for a new regulation (the Regulation) and a new directive (the Directive) concerning the cross-border distribution of collective investment funds amending inter alia UCITS (the UCITS Directive), AIFMD, EuVECA and EuSEF (the Proposals). Please find below a summary of the main changes under the Proposals. What will change under the Proposals?

MEES: What information is required to register an exemption?

By Maria Connolly Since 1 April, it has been unlawful for a landlord to let a property with an EPC rating of below E, unless an exemption has been registered on the PRS Exemptions Register. The government has released guidance on the evidence required to register an exemption on the PRS Exemptions Register…

Getting the Deal Through: Fund Management 2018, Luxembourg edition

Fund Management traces the regulatory and legislative obligations facing fund managers balancing the need to maximise investment returns whilst also ensuring adequate investor protections in an increasingly challenging regulatory environment. Topics are written by leading experts and include: authorities responsible for fund regulation; licensing processes; territorial scope of regulation; required authorisations of fund marketing activities; […]

Financial Regulatory News Updates – April 2018

The Financial Regulatory News Updates: an overview in which Loyens & Loeff’s Banking and Finance Practice Group highlights recent legislative developments and publications of supervisory authorities in the financial markets…

Dutch coal exit proposed by new draft bill

On 19 May 2018 the Minister of Economic Affairs and Climate Policy (hereinafter: ‘the Minister’) published its draft bill (in Dutch only) on the Prohibition of the use of coal by power producers for public consultation (hereinafter: ‘the draft bill’). The basis of the draft bill derives from international (the Paris Agreement in 2015) and national (the […]

Recommended

David Greenwald’s potent prescription

Fried Frank chairman David Greenwald is a change agent. When he rejoined the firm in 2013 after a stint as deputy general counsel at Goldman Sachs, which included more than six years in London, it was to help fix a place that on the key metrics was lagging well behind its peers. Our feature at https://www.thelawyer.com/revive-law-firm/ […]

Schoenherr advises Erste Group Immorent on Prague real estate sale

Schoenherr has advised Erste Group Immorent on the sale of Immorent Jilska , which owns the landmark office building ENTERPRISE, to Starship Enterprise. The purchase price totalled over €110m, and the closing took place on 14 November 2016. The Schoenherr team advising Erste Group Immorent consisted of Peter Madl (partner, Vienna; real estate), Miroslav Dudek […]

Bär & Karrer advises KKR on sale of WMF

KKR, a leading global investment firm, has consummated the sale of its stake in kitchen utensils manufacturer WMF to the French Groupe SEB. Bär & Karrer acted as Swiss legal advisor to KKR in this transaction. The Bär & Karrer team included Christoph Neeracher, Luca Jagmetti, Raphael Annasohn, Joël Rohrer (all M&A) and Laura Widmer […]

Michael Duck QC prosecutes Sandwell murder case

A man from the West Midlands has been jailed for life after being found guilty of the murder of his friend in a case in which No5 Criminal Law Silk, Michael Duck QC prosecutes. It was heard that Darren Lander, 28, hit Richard Groves across his head with a rock following an argument over stolen […]

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3723 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here