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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Ex A&O chief lands new leadership role at CDPQ

Allen & Overy’s former senior partner David Morley has taken on a new leadership role for the European arm of global investment firm Caisse de dépôt et placement du Québec (CDPQ). Morley has been named managing director and head of Europe, a full-time role based in the London office and with a seat on CDPQ’s […]

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Clifford Chance strikes rare lateral hire from Macfarlanes

Clifford Chance has hired its first City lateral of the year, bringing in a financial regulatory partner from Macfarlanes. The magic circle firm has hired London partner Paul Ellison, who will join the firm in May to focus on funds-related work. Ellison has been a financial regulatory partner at Macfarlanes for more than 16 years. […]

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Quinn Emanuel files ENRC claim over “covert journalist briefings”

The ENRC, which is already embroiled in a long-running dispute with the Serious Fraud Office, has filed a new claim alleging that information about its internal investigation was leaked to journalists, including the author of Kleptopia.  Quinn Emanuel Urquhart & Sullivan has filed the claim on behalf of the Eurasian Natural Resources Corporation, against the […]

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Simpson Thacher launches in Brussels in post-Brexit move

Simpson Thacher & Bartlett is to open a new office in Brussels, the latest US firm to set up a post-Brexit outpost in Continental Europe. Starting in the summer, the new base follows the hire of the co-leader of Allen & Overy’s antitrust practice, Antonio Bavasso, reported by The Lawyer late last year. Bill Dougherty, […]

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