Intellectual Property
30 Jun 2020

Protecting Personal Data – the New Normal

One unanticipated consequence of the COVID pandemic has been the huge increase in the collection of personal data.

Brad Adderley, Bermuda Managing Partner at Appleby, will speak at the 2022 Society of Actuaries (SOA) Life Meeting on 23-26 August in Chicago.
25 Jun 2020

ILS needs a buoyant secondary market to thrive – but electronic platforms must come first

A secondary market for ILS can only emerge once the broader market fully embraces electronic platforms, according to Brad Adderley

Employment-and-Immigration
24 Jun 2020

Health and Wellness – Employers Duties

With the current state of COVID-19, many employees are in the midst of now returning to work and others who have been working at home are returning to the workplace.

Listing Services
23 Jun 2020

The International Stock Exchange – The home of UK Real Estate Investment Trusts (REITs)?

Real Estate Investment Trusts (REITs) were introduced in the UK under the Finance Act 2006 on 1 January 2007 as globally recognised tax efficient structures for investment in UK real estate.

Mergers and Acquisitions (M&A)
19 Jun 2020

Warranty Claims: On time, but too late?

A recent decision in the English High Court highlighted the importance of buyers acting quickly if they become aware of grounds for a possible claim under a share purchase agreement. On the facts of the case, the court held that a warranty claim, which at first glance appeared to have been brought on time, had in fact been brought too late. This note considers how that judgment might affect deals in the Crown Dependencies.

Regulatory Advice
18 Jun 2020

JFSC ‘turns up the heat’ on non-compliance

It cannot have gone unnoticed that the Jersey Financial Services Commission (JFSC) is taking an increasingly public stance with regard to regulated entities’ compliance with AML/CFT (Anti-Money Laundering/Combating the Financing of Terrorism) obligations, including the imposition of financial penalties.

Commercial Property
4 Jun 2020

Commercial leases in Jersey - Practical considerations arising from new guidance for the Covid-19 period

Tenants of commercial premises in Jersey suffering financial hardship may be considering, or may indeed have already approached their landlord with requests for rent relief. In response to the challenges faced by commercial tenants as a result of the current health crisis, the Government of Jersey has released Guidance on Commercial Leases.

IOM
4 Jun 2020

2019: The Isle of Man M&A year in review Part 1 – Why is it significant?

In this, the first of a two-part series, Garry Manley considers the significance of mergers and acquisitions (M&A) activity to the Isle of Man.  In the next edition, he will consider the trends that emerged from local M&A deals in 2019.

Dispute Resolution
4 Jun 2020

Choices of law, jurisdiction must be clear

Ideally, a contract will contain both a “choice of jurisdiction” and a “choice of law” clause, the latter of which is sometimes also referred to as a “governing law” clause.

Listing Services
3 Jun 2020

Appleby’s overview of the key benefits of listing high yield bonds on TISE

In the last few years, an increasing number of issuers of high yield bonds have chosen The International Stock Exchange (TISE or the Exchange) as the exchange of choice in order to list high yield bonds.  Whilst offering a “recognised stock exchange” by, amongst others, Her Majesty’s Revenue and Customs, TISE’s robust but proportionate listing rules, combined with the Exchange’s pragmatic and commercial approach to listings, often appeals to issuers from the United Kingdom, Europe and the United States.