The Legal 500: Restructuring and Insolvency 3rd Edition Country Comparative Guides

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Coronavirus (COVID-19) considerations for Cayman Islands commercial landlords and tenants

The Cayman Islands Government’s total lockdown of the Islands and its earlier order shutting down bars and restaurants (save for takeaway or delivery), shops selling non-essential goods, gyms, spas and the cinema will have a profound impact for many local businesses. Whilst the UK and other governments are currently reviewing emergency legislation to deal with […]

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Key legal due diligence requirements for offshore structures in corporate and finance transactions

Current economic and market uncertainties and heightened concerns around liquidity require parties to ensure that appropriate legal due diligence is undertaken on counterparties prior to entering into commercial contracts. We have received an uptick in enquiries relating to due diligence across a range of transactions, including: lenders assessing amendments or extensions to existing financing arrangements; […]

Jersey: Liability for wrongful trading

Increasing cash flow pressure on many businesses has resulted in a heightened risk for directors that a company may be wrongfully trading and personal liability may then accrue to the directors.

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Aside from the devastating human health impact of the COVID-19 pandemic, the coronavirus is significantly disrupting the global economy, forcing business to adopt new models and fundamentally changing the way many of us live and work. With many firms invoking business continuity plans and staff working from home or alternative locations, working processes and practices […]

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In Dell Emerging Markets (EMEA) Ltd v Systems Equipment Services SARL, Mr Justice Henshaw handed down sentences of between nine and 18 months to the directors of one of Dell’s Lebanese distributors for procuring breaches of anti-suit injunctions. The Defendant (“SETS”) was a non-exclusive distributor of Dell products in Lebanon under an international distributorship agreement […]

Isle of Man Charities Registration and Regulation Act 2019

The final provisions of the Isle of Man Charities Registration and Regulation Act 2019 (2019 Act) came into force 1 April 2020. Whilst, the 2019 Act updates the registration and regulation provisions which were previously contained in the Charities Registration Act 1989 (1989 Act), it does not consolidate all of the Charities Acts. The main […]

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