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.

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

4 tips for working from home with kids

While the world adjusted to working remotely during the pandemic, we all faced the obstacles of home setup, IT, and technology – but many of us also faced a new challenge of juggling working from home with parenting, as our children also had to adapt to homeschooling and an unexpectedly long summer holiday!

Track and trace: How to comply with the new regulations

The ‘track and trace’ programme is part of the government’s plan to slow the spread of Covid-19. It’s designed to make sure those who have been in close proximity with someone who has tested positive for the virus can be contacted and given advice to follow. Until recently, the government recommended hospitality businesses to collect certain customer information. From 17 September however, this became a legal requirement.

Romania plans to tighten its foreign investment screening rules

The screening of foreign direct investments (FDIs) has been a hot topic for some time now across CEE (as also covered here). Several jurisdictions have adopted stricter measures of scrutiny allowing for the vetting of transactions potentially posing security risks. In line with this trend, the Romanian Competition Council has put forward new draft legislation aimed at tightening the existing FDI screening rules. This draft is subject to public debate until 6 October.

Recommended

High Court

Pinsents slammed for “shameful” treatment of defendants in Aeroflot case

A High Court judge has slammed Pinsent Masons for its actions following the death of Russian oligarch Nikolay Glushkov, accusing the firm of having lost “sight of any basic standard of decent and compassionate behaviour” in a long-running case brought by Russian airline Aeroflot. The litigation centered around allegations made against, among others, the late Russian oligarch […]

Government

Crown Commercial Service slashes legal fees by 70 per cent in three years

The UK Government’s Crown Commercial Service (CCS) has cut its legal fees by over 70 per cent in the last three years, according to figures published yesterday. The body, which manages the UK Government’s procurement processes, said in its annual report that legal fees since 2014/15 have dropped from over £2m per year to £578,000 […]

Peter Hasson

Clydes sees 10% uplift in profit while turnover breaks £550m

Clyde & Co narrowly missed out on double-digit growth in both profit and turnover last year, recording a 9 per cent increase in turnover alongside a 10 per cent profit boost in the 2017/18 financial year. Turnover at Clydes grew from £508m to £551.3m, while profits at the firm were up from £127.6m to £140.5m […]

TLT advises Flofuel Group on acquisition

TLT has advised the Flofuel Group, which offers a wide range of airport and marine refuelling equipment, on its acquisition of Fluid Transfer International, a leading global provider of aviation refuelling solutions. The Flofuel Group is supported by SME private equity investor Rockpool Investments. Following the acquisition of Flightline Support in 2016, the Flofuel Group […]

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