Competition in investment consultancy and fiduciary management markets to get boost

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Contracts and coronavirus (1/5)

The COVID-19 pandemic will likely continue for some time. To help your business adjust to these uncertain times, each day this week we are posting on what to keep in mind concerning your business’s commercial contracts.

Can construction continue on development sites?

By Aimee Stevens The Prime Minister has imposed restrictions on the nation with people only being allowed to leave their home for specific, limited purposes. He specifically referred to a number of business and retail sectors which must close. However, this has left quite a lot of uncertainty. Are your workers key workers? Are non-key […]

Formal guidance on compliance with Family Court Child Arrangement Orders

The government’s stark message to “stay at home” has undoubtedly caused much confusion and concern for parents in shared childcare arrangements with their ex-spouses/partners. The government has provided some guidance to parents who find themselves in this predicament and has confirmed that as of 24 March 2020 where parents do not live in the same […]

In the hands of the court: Crypto 2020

By Imogen Jones 2020 appears to be the year of the crypto decision. Following the UK’s ruling in AA v Persons Unknown, the first UK decision following the publishing of the Legal Statement on Cryptoassets and Smart Contracts last year, where crypto assets were held to be property, France has issued its first ruling on […]

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Sanctions in Cyprus

Our Senior Associate Dr. Panagiotis Tsangaris contributed the Cyprus chapter in the book Sanctions in Europe published by WorldECR. The book examines the national regime implementing sanctions and restrictive measures in each EU Member State, including the responsible agencies, the conduct of investigations, the grant of licences, the domestic record of sanctions investigation and enforcement.

Impact of the Covid-19 epidemic on public procurements – Cyprus

The Treasury of the Republic and Ministry of Finance issued a joint statement on the impact of the COVID-19 epidemic on public procurements. This notice states that the current situation caused by the spread of the COVID-19 is considered to be a cause of force majeure, for which there is a relevant provision in the […]

BVI Norwich Pharmacal relief: an international problem resolved

By Nicholas Burkill The BVI Commercial Court has just delivered a judgment that answers the question raised in the BVI as a result of two English decisions questioning the availability of Norwich Pharmacal relief for the purposes of overseas proceedings. In the first written judgment on the issue delivered on 10 March 2020, Wallbank J […]

Force majeure clauses: a brief overview in light of Covid-19

With the recent outbreak of COVID-19, a common consideration is being raised by businesses: to what extent does a force majeure clause entitle a party to cancel a contract or be excused from the performance of a contract? ‘Force majeure’ is not a term of art in English law. Accordingly, the bearing it has on […]

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