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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Freshfields Bruckhaus Deringer

Freshfields to accelerate partner progression under new lockstep plans

Freshfields Bruckhaus Deringer has completed a review of its lockstep structure, in a move that would allow the firm’s high-performing junior partners to move through the compensation gates at a faster rate. The Lawyer understands that the review, which began last year, is subject to an internal vote. The changes, once approved, would be effective […]

Reed Smith

Sidley sees latest London partner exit to Reed Smith

Reed Smith has hired a new finance partner from Sidley Austin, with the latter witnessing a spate of exits from its London outpost over the last few months. The US firm has taken on partner Jason Richardson, who will join its financial industries group. Richardson has spent most of his career at Sidley, which he has […]

Roundtable: The role of legal functions in balancing commerciality and risk in delivering a company’s purpose

2020 was an unprecedented year for business; companies have had to mobilise quickly in the face of various converging global and geopolitical events, such as Brexit and Covid-19, reviewing their operations and risk landscape, and the ensuing pressures of navigating the short, medium and long term impacts have been borne by legal teams across all […]

White & Case corporate star to join Hogan Lovells

White & Case public M&A partner Patrick Sarch is set to join Hogan Lovells. The high-wattage partner, who co-heads both the firm’s financial institutions global industry group and the corporate practice in London, will move to the transatlantic firm after more than four years at White & Case. He joined the firm in 2017 from […]

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