The European Commission unveils the new EU-US privacy shield

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Jersey employment law, pensions and incentives

This Starting Point Guide provides a brief overview of Jersey employment law. SOURCES OF JERSEY EMPLOYMENT LAW The duties of Jersey employers and employees derive from a number of sources which include: statute; customary/common law (i.e. judicial precedent); and employment contracts and other documentation. There is less employment legislation in Jersey than in the UK…

Data protection and subject access – a changing landscape

DAWSON-DAMER & ORS V TAYLOR WESSING LLP [2017] EWCA CIV 74 Could a UK law firm be compelled to provide personal data which it held by reason of it having advised the trustee of a Bahamian Trust? The Court of Appeal of England and Wales has held – quite emphatically – that the answer is […]

Incorporated cell companies in Guernsey

This briefing note describes the key features of the incorporated cell company (“ICC”) and summarises the formation, structure and liquidation procedures particular to this type of company. The Companies (Guernsey) Law, 2008 (the “Law”) provides for the creation of the incorporated cell company. An ICC is a company which has the power to establish incorporated […]

Directors’ duties, liabilities and indemnities in Guernsey

The advent of the solvency based approach to company activity in Guernsey brings into critical focus the scope and nature of the duties incumbent upon the directors of a Guernsey company. Gone are the prior capital maintenance provisions required under now superseded legislation and the need for Court approval of significant corporate actions. In its […]

BVI winding-up proceedings – Pacific Andes

The BVI Commercial Court (the Honourable Justice Davis-White QC [Ag]) has recently ordered the appointment of liquidators over Pacific Andes Enterprises (BVI) Limited, Parkmond Group Limited, and PARD Trade Limited (the “Companies”), three BVI incorporated companies forming a key part of the China Fishery Group. The applications were unsuccessfully contested on the principal ground that […]

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EMI Options: Approval granted

By Ben Watson As mentioned in our previous update, the tax reliefs associated with Enterprise Management Incentives (EMI) options are technically a form of state aid and therefore require approval from the EU Commission.  Two days before the deadline of 7 April 2018, HMRC announced that the UK had failed to renew its EU state aid […]

Avoid World Cup marketing own goals this summer

By Jo Pritchard The 2018 FIFA World Cup is to shortly kick off in Russia. Amidst the excitement, it is important to remember a few key dos and don’ts for any planned marketing campaigns. With a global audience of more than 3 billion, it will be tempting to capitalise on the football fever with World […]

Independent review of building regulations and fire safety

The catastrophic events of the evening of 14 June 2017 which led to the tragic loss of 71 lives at Grenfell Tower has cast a spotlight on the system relating to the design, construction and maintenance of high-rise and complex buildings. In the wake of the disaster, the government announced an independent review of building […]

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Prager Dreifuss members named in Who’s Who Legal

Christoph Graber and Hans-Ulrich Brunner have been named in Who’s Who Legal among the 24 leading insurance practitioners in the Swiss market Christoph Graber leads research, and is praised for his “invaluable sector experience”. He heads the firm’s insurance and reinsurance practice and his “straightforward and practical advice” makes him a “first choice” for clients. […]

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