- Managers of Wealth - Legal - Wealth, private banking and asset management news and opinion

Paris court clarifies arbitrators’ scope to determine governing law of agreements

It considered that the agreement constituted a treaty that was governed by public international law, not French law.

No Rubber-Stamping: Continuation Of Restructuring Officer Appointments In The Cayman Islands

This judgment will be of particular interest to legal and insolvency practitioners in the Cayman Islands

Guernsey's Royal Court makes first decision on trustee remuneration under new law

The Bailiff's judgment also addressed a few issues concerning insolvency and attempts to reduce remuneration and expenses claimed by reference to the alleged "precarious nature" of the trust property

DLA Piper secures successful outcome for First Fund Management in ADGM fraud proceedings

The DLA Piper team was led by partner Andrew Mackenzie, supported by legal director Andrew Massey and associate Ross Wilson.

The challenges of waiving a ground for annulment in French courts

To favour the efficiency of arbitration, under French arbitration law, parties cannot refrain from raising arguments before an arbitral tribunal

Tribunal issues landmark decision on disability discrimination and unfair dismissal in Guernsey

The tribunal found she had a disability under the Ordinance, and that the employer was aware of her disability, but concluded no discrimination occurred.

DLA Piper wins key ruling for TransPerfect, significantly narrowing federal class action

The court granted DLA Piper’s motion to dismiss in substantial part

Wave of Lawsuits Targets 401(k)s Using American Century TDFs

Mr. Wozniak discussed why fiduciary review of TDFs must take into account each fund's structure

Hong Kong SAR court halts ‘fraud arbitration’, confirming strict limits on reopening awards

The court held that CNG also failed to establish the high threshold for a fraud-based set aside claim by citing unreliable whistleblower evidence

Bermuda Case Insights: Re Bittrex Global (Bermuda) Ltd (In Liquidation)

The judgment confirms, for the first time at appellate level in Bermuda

Who guards the protectors and appointors? Powers and conflicts in Hong Kong trusts

The judgment provides valuable guidance on the role of such power holders in Hong Kong law-governed trusts and underscores the importance of trust planning to mitigate the risk of disputes.

Need for broader protections highlighted as judge makes first SLAPP ruling under ECCTA

"The judgment is noteworthy as this was the first SLAPP strike-out application under the Economic Crime and Corporate Transparency Act 2023,” she explained.

Supreme Court of Victoria scrutinises hybrid arbitration clause for the first time

The Supreme Court held it was “inconceivable” that commercially experienced parties with legal advice were unaware of the structural differences between the ICC and the Resolution Institute

Bird & Bird secures landmark ruling for Fender protecting iconic Stratocaster® design

The case involved electric guitars offered by a China-based manufacturer

Bruce v Chapter One (Jersey) Limited

A disciplinary meeting took place conducted by the same independent HR adviser and director who conducted the investigation.

Compulsory liquidation and creditor costs: When will non-applicant creditors recover their legal costs as an expense of the liquidation?

The company had opposed that application and instead sought to be placed into administration under section 374 of the Law.

Court Cases