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

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).

Recommended

Webinar: Changing the culture of financial services

In this free to attend webinar, part of the In-house Financial Services virtual event that took place between 30 June – 2nd July, speakers discuss whether now is the perfect time to revise and develop your firm’s culture, given this climate where everything is forcibly changing, starting with the behaviours and mindsets that characterise an organisation. The FCA defines culture as ‘the habitual behaviours and mindsets that characterise an organisation’ yet culture is commonly known as ‘the way things are done around here’. How can the financial services sector change this mindset to reflect a culture that aligns employee practice with the best customer outcomes? Can organisations utilise the Covid-19 pandemic as an opportunity to develop their corporate culture in a vacuum? Dr Tom Reader, associate professor at the LSE’s Department of Psychological and Behavioural Science, explains that the key is having a compelling reason to change as “Covid-19 is testament to the fact that culture can change rapidly”. Behaviours change when the cause is important – often, change programmes are ineffective because they are meaningful only for the people who want the change, not for the people they want to change. Complete the form below to access the 40-minute webinar and hear the speakers discuss: Who is driving your organisational culture; shareholders, the board or employees and customers? How can firms go beyond rules and standards to achieve real cultural change? How do you influence and inform culture? Has the crisis been revealing of organisational culture? What cultural changes have businesses made during the pandemic? How do you encourage great people to do even better things and choose to change rather than have it imposed? Can the industry reform performance metrics to ensure customers are at the forefront of business and employee successes rather than short-term profit maximization? Speakers: Karen Ozdamar, General Counsel, Paymentsense Dr Tom Reader, Associate Professor and Deputy Head of Department (Research), London School of Economics Ehsan Haque, General Counsel, AlphaSwap Moderator: Shika Soni, Regional Head of Legal, Europe & Middle East, Principal Global Investors

Gateley boosts borrowing capabilities by £20m

Listed law firm Gateley is anticipating a boost in revenue for the current financial year, forecasting that turnover will be no less than £108m for 2020; an increase of £4.5m. This is despite a series of recent measures put in place by the firm, including an expansion of its working capital facilities of up to […]

Alex Fisher Polly Richard

Travers makes up five home-grown lawyers to partnership

Five lawyers have been promoted to partner at Travers Smith across a range of practice areas, including corporate, employment and disputes. All trained with the firm, with Tom Coulter joining the firm’s corporate practice and Joseph Wren now a partner in its derivatives team. Alex Fisher is a member of Travers’ employment group. There are […]

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