The Carlyle case – the final chapter

The Carlyle case is of particular relevance now, during the current climate of the Covid-19 pandemic, which is having severe economic repercussions across the globe, and will likely lead to more fund collapses.

Related briefings

Snapshot: starting civil proceedings in Guernsey

Civil litigation procedure in Guernsey is governed by The Royal Court Civil Rules 2007 (“RCCR”). All commercial disputes with a value over £10,000 will be heard in The Royal Court of Guernsey, disputes with a lower value, known as Petty Debts, are dealt with in the Magistrate’s Court.

How offshore law firms have stepped up to the challenges of 2020

In this interview, excerpts of which originally appeared in Asian Legal Business, Ogier partner and head of ESG Funds in Hong Kong Kate Hodson discusses how offshore law firms have stepped up to meet this changing business landscape, the ramping up of regulations, and the growing momentum around ESG.

Cayman Islands Funds Update: Q4 2020

Despite the beginning of 2020 being marked by a large number of new regulations in the Cayman Islands, the number of changes to laws and regulations that impact or may impact funds constituted in the country was significantly lower in the last quarter of 2020 than verified previous quarters. Specifically, the regulatory bodies and competent authorities focused on receiving clarifications and refinements to the existing regimes, which continued to occur in January 2021.

PRI’s new reporting framework – are you ready?

On 12 November 2020, Principles for Responsible Investment (PRI) issued significant updates to the reporting framework (RF) for signatories. The new requirements are more focused on “real world” outcomes meaning signatories needs to show how environmental, social, and governance (ESG) factors are integrated into investment analysis and execution.

Advance healthcare directives under Cayman law

An advance health care directive is also known as a living will. It is actually not a new concept but is new to being recognised in the Cayman Islands. In 2019 the Health Care Decisions Act was implemented in the Cayman Islands.

Latest Briefings

What does the Budget 2021 mean for residential property?

As anticipated, the Chancellor in his 2021 Budget has extended the current Stamp Duty Land Tax (SDLT) holiday and has also introduced additional measures in the hope of boosting the property market. Our Residential Property team provide an overview.

How voice-based document production helps your firm win more business

Throughout the lifecycle management of a client, a great deal of correspondence and documentation is produced. This briefing explains how a speech-to-text document production process can transform client responsiveness and help the firm win more business.

The advantages of Freeports examined following Budget 2021

Businesses operating Freeports will benefit from more generous tax reliefs, customs benefits and wider government support, bringing investment, trade and jobs, but what exactly are the advantages businesses can expect to gain from operating in a Freeport?

Budget 2021: The employment implications

Rishi Sunak has announced the much-awaited budget for 2021 hailing protection for the “jobs and livelihoods of the British people”. Outlined below are the key elements impacting employers and their wider workforce.

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Linklaters is carrying out an investigation at KPMG, after the Big Four auditor’s UK chairman stood down over comments made earlier this week. Bill Michael was seen addressing several points on a video call, telling staff to “stop moaning” about the pandemic, while claiming they were fortunate to be “in a very lucky sector”. This […]

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Food group Princes appoints new GC

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From the Litigation Tracker: A ‘wave’ of Covid-related litigation is starting to wash into the courts

Claims activity rallied across a number of sectors in late 2020 following a coronavirus-induced dip in Q2, data from The Lawyer Litigation Tracker shows. For the sake of this analysis a cross-section of pandemic-hit sectors was selected, including: healthcare equipment and services, public sector (excluding health), retail, real estate and pharmaceuticals. Claims activity as a […]

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