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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Bishopsgate

Fried Frank lures new restructuring lateral from Reed Smith

Fried Frank Harris Shriver & Jacobson has hired its second restructuring specialist in the City, as firms look to bulk up amid a wave of deal opportunities. The London outpost of the US firm has hired partner Mandip Englund, who has spent almost two years at Reed Smith. Starting in late February, she will work […]

debenhams

Freshfields and TLT steer Boohoo’s acquisition of Debenhams

Freshfields Bruckhaus Deringer is advising Debenhams’ administrator FRP Advisory as  Boohoo snaps up the department store’s brand. The deal does not include any of Debenhams’ remaining 118 High Street stores or its workforce, meaning that up to 12,000 jobs at the department store chain are set to go. Freshfields global restructuring and insolvency head Ken Baird […]

Barrister of the week: 3VB’s Adam Kramer

In April 2020, 3VB’ silk-in-waiting Adam Kramer (Call: 2004) got a call which completely shifted how the rest of the year was going to pan out for him. It was from the Financial Conduct Authority, which was about to tap into the High Court’s underused test case system to launch proceedings against insurance companies, asking […]

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