Latest Briefings

Privy Council emphasizes primary role of trial judge as decision-maker in shareholder disputes

In the context of an unfair prejudice claim, the Privy Council recently overturned the decision of the Eastern Caribbean Court of Appeal and restored the decision of Leon J. of the Commercial Court of the British Virgin Islands, in effect ordering a mandatory buy-out, at a price to be determined by the court, of minority shareholdings by the majority shareholder whose acts were found to be oppressive, unfairly discriminatory and unfairly prejudicial to the minority, pursuant to section 184I of the BVI Business Companies Act.

BVI Company Law Series – Continuations In

In this first of two notes relating to continuations (sometimes referred to as migrations or redomiciliations), we look at the requirements and processes for companies which want to continue from one jurisdiction to the BVI.

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Macfarlanes

Macfarlanes names corporate co-head as new MP

Macfarlanes has appointed a successor to managing partner Julian Howard from its corporate group, while also losing a partner from its City team. Luke Powell, the firm’s co-head of M&A and private equity specialist, has been named in the role. He will replace Howard from April 2022, at which point he will have been managing […]

fintech mobile phone

HSBC-backed fintech Bud appoints new GC

UK fintech Bud has appointed a new general counsel amid wider movement in the fintech sphere. Craig Fagan takes on the GC mantle from Lynda Horgan, who has held the role since March 2020. Horgan joined Bud on secondment from White & Case and has now returned to the US firm as an associate. Like […]

Jaeger

City duo lead M&S’s acquisition of Jaeger

Shoosmiths and Bird & Bird have acted on the sale of English fashion brand Jaeger to Marks & Spencer. M&S has snapped up the retailer from administrators FRP Advisory, which instructed Shoosmiths restructuring and insolvency partner Lee Sennett, legal director Charlotte Duce and solicitor Aaron Luxton. Head of Bird & Bird’s international capital markets practice […]

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