Introduction The Corporate Insolvency and Governance Act 2020 (the “Act”) was given royal assent on 25 June 2020 and has introduced a number of measures which will need to be considered by Landlords in situations where tenants are in arrears regarding sums due under a lease. The relevant provisions of the Act for Landlords are […]
The Committee on Climate Change’s 2020 report to Parliament calls on the government to redouble its efforts and expands on its May 2020 advice to the Prime Minister in which it set out the principles for building a resilient recovery. The report highlights five clear investment priorities.
Businesses are revolutionising the way they think about and do their business. Many employers recognise that companies have a crucial part to play in environmental, ethical and social challenges. The idea is that engaging with stakeholders in a meaningful way on such matters will create shared and sustained values – and will ultimately lead to greater success (and therefore profits) for the company. This concept is known as “stakeholder capitalism”.
At the end of June, the government unveiled the £200 million Sustainable Innovation Fund to help innovative businesses bounce back following the Covid-19 pandemic. On 27 June 2020, the government launched the Sustainable Innovation Fund to drive forward cutting-edge new technology following the coronavirus crisis. The fund is intended to develop new sustainable opportunities for […]
The Corporate Insolvency and Governance Act 2020 (the Act) promises to bring into effect a mixture of temporary measures to alleviate the problems created by the Covid-19 pandemic and some permanent reforms to the UK restructuring and insolvency regime.
Contents: 1 Developments in the Channel Islands 1.1 Mandatory Disclosure Rules 2 Jersey developments 2.1 Deadline for submission of JPF annual compliance return extended 2.2 Outsourcing Notifications to be submitted online 2.3 JFSC consultation on changes to fund fee rates 2.4 JFSC Annual Report 2019 published 2.5 Migration of foreign limited partnerships into Jersey 2.6 […]
Timing for Registration of Previously Exempt Funds The sponsors and operators of Cayman Islands mutual funds which benefited from the “15 investor exemption” under the Mutual Funds Law (as amended) (the “Mutual Funds Law”) should, unless otherwise out of scope, by now be undertaking the process of registering with the Cayman Islands Monetary Authority (“CIMA”). […]
In the recent judgment of In the Matter of Gulf Investment Corporation et al v. The Port Fund LP et al and the earlier judgment of Dorsey Ventures Limited v. XIO GP Limited, the Cayman Islands Grand Court has provided some welcome clarification regarding the extent of a limited partner’s statutory right to information in an exempted limited partnership.
Brian Burke discusses the future of the high street and how retailers need to evolve to survive.
The Cayman Islands Government has approved an important amendment to the Private Funds Law 2020 (PF Law) that will increase the number and categories of closed-ended Cayman investment vehicles required to register with the Cayman Islands Monetary Authority (CIMA).
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The Central Housing Investment Consortium (CHIC) of social housing providers and local authorities has appointed 22 firms to its new £15m panel. The contract is divided into three lots; corporate, governance and finance, housing and asset management, property and development across England and Wales. Firms that have been added to all three lots include Bevan […]
The Government’s Legal Department (GLD) spent £11.8m on external law firms and counsel in the first five months of the year, according to a Freedom of Information request submitted by The Lawyer. The GLD confirmed it has used 49 firms in total between the start of 2020 and 22 May 22, with a large proportion […]
As part of its plan to get the firm’s most senior staff back in the office, JMW Solicitors has been testing its equity partners for coronavirus antibodies, The Lawyer can reveal. The Manchester-based firm, which also has offices in London and Liverpool, recently organised a round of antibody testing for all 17 of its equity […]
Burford Capital has announced plans to expand its reach beyond the UK’s AIM market, with a potential listing on a US stock exchange. The litigation funder revealed the move during a brief statement to investors on Tuesday, confirming that it has filed a registration statement with the US Securities and Exchange Commission (SEC). This means […]
Addleshaw Goddard has introduced a desk booking app as part of its four-phase return to the office. The firm entered phase two of its reopening plan yesterday (6 July) as its London, Leeds and Manchester offices opened to a small number of employees. Phase two offers employees the option to return to the office, though […]
All the latest developments on what firms are doing in response to the coronavirus spread. Contact firstname.lastname@example.org if you have further updates.