Separated at birth

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Licensing structure for defence manufacturing by the MCI

On 1 January 2019, the Ministry of Commerce and Industry (MCI) vide Press Note No.1 of 2019 Series (Press Note 2019) specified the list of defence items under the Industries (Development and Regulation) Act, 1951 (IDRA) and the list of arms and ammunitions requiring license under Form VII of the Arms Act, 1959 (Arms Act), […]

When directors enter the zone of insolvency – the rules in Guernsey

Not for a long time has the importance of understanding and managing a director’s duties in times of financial distress been so overwhelming. Here, Carey Olsen partner David Jones and associate Tim Molton examine those duties in greater detail, particularly in relation to Guernsey’s company law. 2018 saw a number of high-profile insolven­cies around the […]

Contracted out leases: What are they and what happens when they end?

By David Manda Specialist Real Estate Litigator David Manda explains ‘contracted out’ or ‘non-protected’ leases of business premises. In particular, David looks at some of the issues that can arise on lease expiry and offers practical advice for landlords and tenants alike. What is a ‘contracted out’ lease? When referring to a ‘contracted out’ or […]

Passenger data – should Airlines be worried?

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Not a day goes by when some corporate partner doesn’t make a snide comment about how dull their property partners are. But when it comes to music and partying, property lawyers are leading the way. How could anyone forget Lovells’ musical dynamo Bob Kidby, or Canary Wharf Group’s in-house counsel Michael Ashley-Brown’s sultry rendition of […]

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The Law Commission has proposed a new online registration system that will mean dramatic change for those engaged in secured finance. Indraj Mangat reports

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