Related briefings

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.

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.

Latest Briefings

Food & Drink Update – September 2020

Guidance on the latest food and drink rules, including post-furlough planning and workforce measures manufacturers, Brexit and the workforce – how to prepare for upcoming changes, protecting innovation in the food & drink industry, and more.

Coronavirus business interruption test case – judgment in the “insurance case of the century”

Flaux LJ and Butcher J today handed down judgment in the test case brought by the FCA to explore whether hundreds of thousands of businesses can recover under their business interruption policies for losses caused by the pandemic, in the “insurance case of the century” – the only claim heard under the Financial List Test Case Scheme. Many of those businesses will, today, be celebrating a fantastic win for them.

Cayman Islands Update: Economic substance guidance notes V3 issued

On 13 July 2020, the Cayman Islands Department for International Tax Cooperation (the “DITC”) issued version 3.0 of the Guidance on Economic Substance for Geographically Mobile Activities (the “Guidance”) pursuant to the ES Law (as defined below). This replaces the previous version 2.0 of the Guidance issued on 30 April 2019.

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Private practice lawyers have phone-phobia

When did you last pick up the phone to ask an in-house client how they were coping with the fallout of the pandemic? If you’ve been too busy to get on the blower, now is the time to do so because the silence is deafening. “I used to get regular calls from partners, but I […]

royal courts of justice

In court this week: Fraud, insurers and a Covid-19 test case with HSF, Hogan Lovells and A&O

Two Chinese companies go face to face in the Supreme Court this week, as steel company Shagang takes on HNA. In August 2018, Shagang and Grand China (which has since gone into administration) concluded a charter party agreement with HNA, which provided a guarantee for Grand China’s payment obligations. In December 2010, Shagang made a […]

Lawyers in trophy buildings are in for a shock

No-one with a fear of lifts wants to hear the phrase: “Welcome to the office, please proceed to floor 31”. But this has been common parlance in the legal industry and wider corporate sphere for some time now. Tower 42 – once the City of London’s tallest building – has been functioning since 1980, while […]

Bird & Bird

Bird & Bird corporate partner departs for Keystone

Bird & Bird has lost a second corporate partner in a matter of months. Partner Helen Gavin-Brown has left the firm after 15 years and is joining dispersed law firm Keystone Law. A corporate specialist, she advises clients on mergers and acquisitions as well debt and equity funding with a focus on sectors like tech […]

leadership

Less than two per cent of law firm C-suite are Black

Boardrooms at the UK’s top 20 law firms are still struggling with ethnic diversity, data compiled by The Lawyer shows, with almost 95 per cent of firms’ most senior leadership roles filled by white members of staff. As firms pledge their support to the Black Lives Matter (BLM) movement following protests sparked by the death of […]

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