Furlough and redundancy: Jurisdictional comparison for Ireland, Guernsey and Jersey

The governments of Ireland, Guernsey and Jersey have created payroll co-funding/subsidy schemes in response to the COVID-19 crisis. The rules and eligibility criteria are different in each jurisdiction, as are the laws on furlough, variation of terms, redundancy and collective consultation. In this advisory, we have sought to help businesses with employees in one or more of these jurisdictions to understand the nuances and distinctions that exist under the respective laws.

Related briefings

Ireland Update: How to fairly dismiss an employee in a controlled function

In this advisory we examine two recent cases of the Labour Court and Workplace Relations Commission and highlight what regulated employers should do to successfully defend unfair dismissal claims by senior employees. In both cases, the employees were performing a control function role under the Central Bank of Ireland’s Fitness and Probity regime.

A just and equitable decision: Cayman Court of Appeal defines limits of arbitration in a winding up

On 23 April 2020, the Cayman Islands Court of Appeal (“CICA”) delivered an important decision in the case of Re China CVS (Cayman Islands) Holding Corp., which focussed on the question of arbitrability of shareholder petitions for the winding up of a company on the just and equitable ground. The CICA (Moses JA, Martin JA and Rix JA) unanimously determined that the petition in question was not arbitrable, thus overturning the first instance decision of Kawaley J, which formed the subject of our bulletin “Court Grants Mandatory Arbitration Stay in Winding Up Proceedings”.

Five key similarities between a South African Domestic Trust and a Channel Islands Foundation

South African trust law is based on the law of contract and particularly stipulatio alteri. This means the SA Trustee enters into an agreement with a settlor to hold trust assets for the benefit of the beneficiaries of the trust. This position is very different to the common law trusts of Guernsey and Jersey (“CI Trusts”), which are underpined by equitable principles.

Practical effects of significant reforms to Guernsey’s insolvency law

With reference to practical examples from England & Wales, this briefing note by Raj Arumugam of 5 Stone Buildings and Adam Cole of Walkers’ Guernsey office seeks to highlight three areas of change that will be of particular interest to Insolvency Practitioners, directors involved with Guernsey companies and their professional advisors once the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020 (the “Ordinance”) comes into force.

Latest Briefings

The Sustainable Innovation Fund is launched by government

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 Coronavirus Business Interruption Loan Scheme: Seeing through the fog

By Adrian Howells Following the Government’s announcement of The Coronavirus Business Interruption Loan Scheme (CBILS), you will no doubt have found yourself inundated with communications about this from a variety of different firms, ourselves included. Whilst these communications set out the facts as listed on the British Business Banks (BBB) website, there is nevertheless a […]

Swiss IP Newsletter July 2020

“SWISS RE – WE MAKE THE WORLD MORE RESILIENT” – Trademark found not to be misleading without a limitation of the services to Swiss origin.

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