Related briefings

Recognition of UK insolvency practitioners in Jersey

Introduction In the current COVID-19 environment it is likely that there will be more businesses becoming insolvent. Some of those businesses will have an interest in Jersey property. For example as owners of Jersey property or holders of a lease of retail premises situated in the Island. The business may also have locally employed employees […]

Professional payment guarantee newly introduced in Luxembourg

A new professional payment guarantee law has been introduced in Luxembourg to provide professionals with a tool that grants a wider scope for contractual freedom while protecting the parties from a re-qualification that may not be in line with their legitimate expectations and their commercial agreements.

New regulations enable BVI companies to trial innovative fintech products

The British Virgin Islands recently introduced new regulations relating to products and services in the innovative fintech space, reaffirming its commitment to remaining a jurisdiction of choice for new financial products and services. These new regulations represent an exciting development in the approach taken by the BVI to the regulation of novel financial technology, representing a good balance between oversight and accountability on the one hand, and freedom to innovate on the other.

Cayman Islands restructuring – current state of play

Until the Cayman Islands introduces any changes to its corporate insolvency regime, with the COVID pandemic pushing many groups into the zone of insolvency, the following considerations remain relevant to structures involving a Cayman Islands entity: In recent years the Cayman Islands courts have become increasingly sympathetic to the needs of debtor companies looking to […]

Latest Briefings

Recent changes to planning: an overview

There have been several changes to the planning system in recent months, reflecting the response to Covid-19 and most recently in support of the Prime Minister’s evocation to ‘build, build, build’.

‘No DSS’ no longer

The Department for Social Security or more commonly referred to as ‘DSS’, was the government department responsible for providing benefit payments. The department was however replaced in 2001 by the Department of Work and Pensions. In the case of Rosie Keogh v Nicholas George Ltd, the complainant contacted a local letting agent regarding a property […]

Swiss Federal Supreme Court follows the practice of EPO’s Board of Appeal on singling out

In a recent decision (4A_613/2019, 11 May 2020), the Swiss Federal Supreme Court (Supreme Court) followed the practice of the Board of Appeal of the European Patent Office (EPO) as it held that the singling out of single features from two separate lists of features and therefore the combination of these  two specific features constitutes an extension of the subject-matter of the patent application leading to its nullity.

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tehran iran

UK Government settles billion-pound banking dispute

The HM Treasury has settled a £1.25bn damages suit brought against it by an Iranian Bank over sanctions imposed by the UK Government in 2009 because of alleged links to Iran’s nuclear programme. The sanctions imposed on Zailwalla & Co’s clients, Bank Mellat, prevented it doing business within the UK financial sector.  The two parties have […]

Ashurst signs up with alternative provider to boost NewLaw unit

Ashurst has struck a partnership with an alternative managed services provider to support its global NewLaw team Ashurst Advance. The firm has teamed up with provider Cognia Law to scale up its delivery of legal services across its network, with the opportunity of increasing the number of projects at hand. The demand for more cost […]

Penningtons Manches bags “Goldilocks merger” with Thomas Cooper

Penningtons Manches is to merge with London shipping specialist Thomas Cooper to create a £90m firm, the latest development in ongoing mid-tier consolidation. The merger is due to go live on 31 June and the combined firm will be known as Penningtons Manches Cooper. Thomas Cooper managing partner Tim Kelleher will join the management board […]

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