Guernsey injunctions in aid of foreign proceedings

Where a potential judgment debtor in “onshore” proceedings threatens to dissipate its assets, the plaintiff may face a Pyrrhic victory with no assets against which to enforce its judgment. Where the defendant is a Guernsey company or has assets in Guernsey, the Royal Court of Guernsey has a statutory jurisdiction to grant an injunction in aid of those foreign proceedings including freezing injunctions to prevent defendants dealing with the relevant assets in Guernsey.

Related briefings

Employers should prepare for long-term changes to the world of work

There are of course many negatives arising from the crisis presented by COVID-19. However, there could be real benefits for businesses and their staff if we take some of the opportunities that have been presented and do not just look to revert to the old ways of doing things.

EU-US Privacy Shield for data transfers ruled as invalid

The Office of the Data Protection Authority in Guernsey (ODPA) has warned companies in the Bailiwick to be aware of the recent Court of Justice of the European Union (CJEU) judgment which affects all businesses who transfer personal data outside of the Bailiwick and the European Union (EU).

Tale of three funds

This article explores the collapse of three funds across three different jurisdictions and then sets out some of the lessons to be learnt by directors and fund managers.

Latest Briefings

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).

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Houses of Parliament

Hitachi Rail GC hired for Houses of Parliament restoration project

Westminster Palace has found a general counsel to oversee the £4bn restoration of the Houses of Parliament, almost four months after kicking off the search. The project marks one of the biggest renovation undertakings ever carried out in the UK. The legal head driving it from the autumn will be Jane Mee, who was previously […]

Oil rig

Addleshaws hires Dragon Oil GC as part of energy drive

Addleshaw Goddard has added a new energy partner as part of its push to double its energy revenue and internationalise the practice. Dragon Oil’s former general counsel Paul Jones joins Addleshaws in its infrastructure, projects and energy (IPE) practice. Jones relocates to the firm’s London office, having served a year as GC for Dragon Oil in […]

Forsters and RPC clash in negligence claim against Charles Russell Speechlys

Charles Russell Speechlys (CRS) is facing a professional negligence claim from a former client who has accused the firm of providing “substandard planning advice”. Forsters is bringing the case against CRS on behalf of real estate developer Zipporah Lisle-Mainwaring, who is criticising the firm for advice given when purchasing a property in central London. Lisle-Mainwaring […]

Norton Rose

Norton Rose Fulbright’s new CEO sets out change manifesto

The incoming CEO of Norton Rose Fulbright is in the process of putting together his new management team, with a particular focus on appointing a dedicated clients head; a brand new role for the firm. Revenue at the firm stalled over 2019/20, with turnover almost static at $1.9bn. The results came as last month Gerry Pecht, […]

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