10/17/2022
Take privates by way of a scheme of arrangement in the Cayman Islands
The privatisation of a Cayman Islands company listed on the HKEX would typically be a scheme of arrangement.
Government Regulation
10/17/2022
More Data, Less Risk – How Australian Banks and their Customers Ended Up With a Greater Duty of Care
As Australian regulation moves towards a UK-style Consumer Duty regime, the banks will be required to do more data collection, more analysis and greater levels of predictive computation.
10/17/2022
DOL proposes new rule for determining independent contractor status under the FLSA
Nixon Peabody will monitor any future developments with respect to the proposed rule and report on any changes made in response to comments from stakeholders.
10/14/2022
Discrimination law, gender pay gap reporting and changes to Jersey's Control of Housing and Work Law: working lunch with Helen Ruelle
Employment rights in Jersey have progressed somewhat since she first came to do general corporate and commercial work.
10/14/2022
Russia: Cayman Islands Sanctions Update
The Regulations also provide for a mechanism through which general licences can be issued, which allow multiple parties to undertake activities which would otherwise be prohibited by the Regulations without the need for a specific licence.
10/14/2022
EU introduces revenue cap on power producers
The European Council has formally adopted the Council Regulation on an emergency intervention to address high energy prices.
10/14/2022
Reforms to commercial leases proposed by Scottish Law Commission
When shorter leases reach the end of their term, they automatically renew for a period equal to the length of the lease.
10/14/2022
Economic sanctions at the national and international level and their impact on charities
Economic sanctions are part of the current international and domestic legal climate.
10/14/2022
European Commission report on securitisation regulation
The Commission reported on the creation of a specific sustainable securitisation framework, on the basis of the European Banking Authority’s (“EBA”) report on sustainable securitisation published on 2 March 2022.5
10/13/2022
Amanda M. Blaske Selected for Greater Boston Chamber of Commerce’s Women’s Leadership Program
Blaske represents borrowers, lenders, and other parties in finance and corporate transactions as well as restructuring matters.
10/13/2022
Use of existing grid connection rules for Irish offshore projects ‘makes absolute sense’
It also made changes to the MEC capacity testing bond payment timing
10/12/2022
New EU Class Actions Mechanisms to be Implemented by Christmas
The new laws will enable ‘qualified entities’ (generally, consumer organisations) to bring representative actions in the EU in the collective interests of consumers.
10/12/2022
Top Five Labor Law Developments for September 2022
The joint-employer analysis has significant implications for employers, as it determines when one entity can be held liable for the other’s unfair labor practices.
10/12/2022
Ogier in Luxembourg assists WISAG in acquisition of Nettoservice
The team was headed by mergers and acquisition specialist Bertrand Géradin
10/12/2022
European Commission: more time needed to assess Securitisation Regulation impact
The real work to be done in reviewing the Securitisation Regulation is to the prudential regime for securitisation
10/11/2022
EU plans to regulate third-party litigation funders meet mixed response
Claimants or their representatives would have an obligation to inform a court of the existence of a TPLF agreement
10/10/2022
Cayman Regulatory Update - Q4 2022
Cayman Islands for frozen funds under the Russia sanctions regime and an update on the revised regulatory procedures for the deregistration of Cayman funds.
10/07/2022
New British Standard on modern slavery sets important benchmark for businesses
The standard is not intended to replace modern slavery and related human rights legal frameworks
10/07/2022
Snapshot: considerations for Chilean pension funds investing in offshore funds
In some circumstances, there can be time-pressure to obtain the confirmations in order to meet the investment closing deadline.
10/06/2022
High Court gives guidance on interpreting single director company model articles
The model articles of association, which are set out in the 2006 Companies Act, are the standard default articles available for use by UK companies.