BVI: Court upholds award of pre-judgment interest

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Dealing with the death of a sole director

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The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

Sleeping time is not working time says Court of Appeal

By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.

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The Austrian-German group, Lohmann & Rauscher, has acquired Swisslastic AG, a leading manufacturer of compression stockings which are distributed under the brand Venosan by group companies, among others, in Brazil, Canada and China. Bär & Karrer acted as legal advisor to Lohmann & Rauscher in this transaction. The team included Christoph Neeracher, Luca Jagmetti, Thomas […]

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