124 results found

We are commonly asked by employers whether an employee's existing disciplinary sanction can be taken into account in subsequent disciplinary processes for unrelated events.

The Grand Court of the Cayman Islands and the High Court in England and Wales have recently considered two unusual applications for Beddoe relief: an application by a trustee for retrospective Beddoe relief after the conclusion of proceedings, and an application for a trustee for Beddoe relief in respect of bringing...

A creditor owed money by a debtor who is owed money in turn by a Jersey company can get a court order for payment from the Jersey company direct to the creditor.

Guernsey licensees regulated by the Guernsey Financial Services Commission ("GFSC") have routine visits by the GFSC to check on their compliance with the local regulatory law...

The case of Lamesa Investments Ltd v Cynergy Bank Ltd [2019] EWHC 1877 (Comm) involved a bank caught...

Europe's highest court, The Court of Justice of the European Union ("CJEU") has declared the EU-US Safe Harbour Agreement ("Safe Harbour") to be invalid as a mechanism to legitimise personal data transfers from the EU to the US.

In our recent article covering litigation privilege and its reach to expert support (available here) we considered whether litigation privilege may be claimed over all the correspondence with a third party expert...

In our recent article covering litigation privilege and its reach to expert support (available here) we considered whether litigation privilege may be claimed over all the correspondence...

In Al Thani v Al Thani, the UK Privy Council ("the Privy Council") was asked to consider whether British Virgin Islands (BVI) company legislation treats the shares in a company registered in the BVI as immovable property and, therefore, subject to the laws of the BVI in determining the validity of a testamentary instrument for effecting the transmission of those shares on the death of the owner.

The Grand Court of the Cayman Islands and the High Court in England and Wales have recently considered two unusual applications for Beddoe relief respectively: an application by a trustee for retrospective Beddoe relief...

The Carlyle case arose from the collapse in March 2008 of a Guernsey fund called Carlyle Capital Corporation Ltd (CCC), which led to the loss of all of its $1bn of capital.

A recent Guernsey Court of Appeal judgment sheds light on directors' duties and regulatory standards following sanctions imposed by the Guernsey Financial Services Commission (GFSC).

The Financial Intelligence Service's ("FIS") refusal to consent to a proposed transaction under Guernsey's anti-money laundering reporting regime has resulted in the Royal Court deciding its first private law...

On 10 May 2018, the Royal Court of Guernsey handed down its judgment in Liang v RBC Trustees (Guernsey) Limited.

Europe’s role in the global investment fund market has become increasingly prominent. The introduction of alternative investment strategies has created a more competitive arena and, as a result, jurisdictions closer to the European market are increasingly becoming a more attractive platform for offshore investments.

"However startling the history of [Carlyle Capital Corporation's] short life appears at first sight, its failure was the result of circumstances beyond the control of any board of directors.

In 2016 Moneyval issued an evaluation report on the Bailiwick of Guernsey. This commented favourably upon the Island's regulatory framework and compliance regime...

Carey Olsen partner Mark Dunster and counsel Simon Florance consider the recent judgment in Liang v RBC Trustees (Guernsey) Limited – the first time a private law action...