Related briefings

Substratum – What is it and do I need to worry about it?

There has been debate between legal academics and trust practitioners about whether a power holder is prohibited from exercising powers of addition or exclusion of beneficiaries, or other analogous powers, when the proposed change is so significant that it has the effect of changing the basic purpose, or ‘substratum’ of the trust. That is to say, the exercise of trust powers would result in an outcome closer to a fundamental change to the purpose of the trust itself than a simple variation, or addition or exclusion of beneficiaries.

Snapshot: witnessing Powers of Attorney via electronic means in Jersey

Powers of Attorney (PoA) are commonly used in private equity transactions due to the operational efficiencies they can create. In the funds context, one such operational efficiency is often realised in the subscription agreement further to which a PoA is typically granted by each investor in favour of the general partner (or any other nominated party).

How is private wealth approaching impact?

Our people and planet face serious challenges from the developing climate crisis, natural disasters and rising inequality. No corner of earth is immune from the consequences. But we are far from powerless in the face of these global threats – this is a race we can win.

Snapshot: distributions under BVI law

BVI business companies are one of the most commonly used offshore vehicles and our expert team frequently advises on distributions by BVI companies. In this snapshot, counsel Marie-Claire Fudge addresses a number of the most common questions asked about distributions.

When is it appropriate to seek ex parte relief in the Cayman Islands?

In Cathay Capital Holdings III, LP v Osiris International Cayman Limited, the Grand Court set out a helpful reminder of the circumstances in which it is appropriate to seek relief on an ex parte basis (ie without notice to the party against whom the relief is sought).

Latest Briefings

Protecting reputation in the spotlight of an investigation

Global business is increasingly familiar with the prospect of short-notice public investigatory attention, whether from regulators, law enforcement, political forces or as a consequence of sanctions, and this can – in in some cases – devastate individual and corporate reputation.

Protecting reputation in the spotlight of an investigation

Despite the fact that the threat of an investigation alone can be enough to paralyse a business, early warning signs are often missed and businesses can mistake an investigation risk for a reputation risk. Those who handle serious issues well are able to triage the issue at an early stage and identify its potential impact, […]

Bill 64 marks a new direction in Quebec privacy law — Key takeaways for businesses

On September 22, 2021, the Quebec government adopted Bill 64, An Act to modernize legislative provisions as regards the protection of personal information, enacting significant changes to the requirements governing the use and protection of personal information under various statutes, including notably the Act respecting the protection of personal information in the private sector and the Act respecting Access to documents held by public bodies and the Protection of personal information.

Recommended

royal courts of justice

RPC fails to overturn privacy appeal for Bloomberg

Byrne and Partners secured victory over RPC for its anonymous client ZXC, as Bloomberg failed to overturn a High Court decision on privacy rights. It was the Court of Appeal that sided with the respondent on Friday, which ruled upon whether criminal suspects have a reasonable expectation to privacy, and if so, when. This specific […]

document

Stevens & Bolton embroiled in deceit claim from former client

Allegations of dishonest assistance and deceit have been made by a former client of Stevens & Bolton, with a trial expected next year in relation to a series of property deals on which the firm worked. Mr Justice Birss yesterday rejected part of a strike-out application made by Stevens & Bolton to dismiss elements of […]

football

DLA Piper and JMW team up on coronavirus tests for footballers

DLA Piper and JMW are on call as the English Premier League commences “Project Restart”, with footballers being tested for coronavirus this week. DLA is advising the Premier League, a long-term client, on the data protection issues, while JMW’s head of sports law Stephen Taylor Heath is representing Prenetics, which is overseeing and coordinating the […]

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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