Small businesses are the life blood of most economies in terms of their capacity to innovate and so to create wealth and employment.

The importance of a dialogue between Government and the public is well recognised in the Isle of Man.

On June 30 2016 Her Majesty's First Deemster, Deemster Doyle, delivered a judgment in the case of AB v CD, in which Kevin O'Loughlin and Christopher Arrowsmith of Simcocks acted for the Defendant trustee.

The Trustee Act 2001 (an Act of Tynwald) (the "Act") was enacted in an attempt to satisfy criticism of certain aspects of trust law as it then stood.

The English Court of Appeal judgment in Pitt v Holt; Futter v Futter [2011] EWCA Civ 197, in which the "Hastings-Bass rule" was reviewed and restated, was handed down on 9 March 2011, Lord Justice Lloyd giving the leading judgment.

This memorandum summarises the duties and responsibilities of the directors of a company incorporated in the Isle of Man.

The Isle of Man is recognised throughout the world as a leading international business centre and holds a AAA credit rating from Moodys and AA+ by Standard & Poor.

The use of trusts in wealth management and estate planning means transferring legal control of trust assets to a third party, namely the trustee of the trust.

It is becoming increasingly common for parties to matrimonial litigation to seek cross border recognition and/or enforcement of financial orders.

In Pitt v Holt, Derek Pitt was very badly injured in a road accident and his wife was his receiver appointed by the Court of Protection.

Deemster Corlett cited and relied upon Akhavan v Quinn Legal Advocates Limited 20134 as the leading case in the Isle of Man on security for costs.

Work permits exist as a means to protect the Isle of Man working population by allowing employers to employ individuals who are not Manx workers, providing that there are no suitable Isle of Man workers available to fill those specific roles.

The Securities and Investment Business Act, 2010 came into effect on May 17 2010.

A director of a company owes fiduciary duties to act responsibly and in their related company’s best interests.

As the Isle of Man eGaming Summit draws closer, one topic sure to be of interest and discussion is eSports.

This technical briefing paper summarises the main characteristics of an Isle of Man foundation under the Foundations Act 2011.

The Rules of the High Court 2009 in the Isle of Man, give the court wide case management powers.

Simcocks has produced a comparison between the Isle of Man Companies Act 2006 and the BVI Business Companies Act 2004.

In 2004, the Isle of Man court in Re Impex[1]decided that the court had a common law power to co-operate with and assist other courts in relation to insolvency matters.

The action of arrest is a unique Manx remedy available to creditors whose debtors are resident and/or retain property on the Island.