COVID-19 – Signing of Wills in Jersey
Jersey law is not alone in having strict rules regarding the execution of wills. Except in the case of holograph wills of movables (written entirely in the hand of the testator), all wills must be signed in the physical presence of two witnesses.
Annual General Meetings and Social Distancing Restrictions in Asia
Various countries around the world have imposed social distancing restrictions in order to prevent the spread of the COVID-19 epidemic.
Collateralised insurer class lets ILS funds target broader cedent base
Bermuda’s latest addition to its insurance-linked securities (ILS) offering is the much discussed Collateralised Insurer classification of company, which partner Brad Adderley, recently explained will enable ILS funds to target a broader range of cedents.
COVID-19 and the Mauritius Justice System: How will this pandemic affect court work?
The coronavirus pandemic of 2020 has affected every aspect of our lives. Humankind is facing a global crisis; the biggest crisis of our generation. The decisions people and governments take in the coming weeks will re-shape the world for years to come. They will re-shape not just the healthcare sector but also the economy, the politics and judiciary of many countries.
COVID-19’s impact on AGMs – Strategies to Consider
This article considers the legal and practical issues of each option to assist companies that are grappling with the thorny issue of how to effectively deal with 2020 AGM season.
Dividends in COVID-19 financial landscape
As Covid-19 sweeps across the globe, many companies are choosing to retract, suspend or reduce dividends to preserve cash and ensure liquidity.
Shareholder activism during COVID-19
A number of global businesses use Bermuda as their jurisdiction of choice. COVID-19 is continuing to create challenges on a global scale for those businesses, and Boards are being constantly required to react and address the impact that they represent to business continuity.
There are a lot of quotes permeating in the digital ether about starting businesses, some of them aspirational, many contradictory in terms of their “steer” on how to progress. The simple fact is that there is no one set route to success (however you might choose to define “success”). However, you do have to take steps along that road in order to achieve that success. The question is how many and when – risking the security of a regular salary in today’s economic climate is brave.
Structured Credit in the PRC and Hong Kong
Structured finance is a financial instrument whereby an asset, such as a bond, or a pool of assets, such as residential mortgages, credit card repayments or corporate loans, are repackaged into notes and sold to investors. The cashflow generated from these underlying assets will be used to repay the notes issued to investors. Swap instruments may also be used to customise bespoke interest rates, currency and repayment dates based on the investors’ requirements.
Wrongful Trading: Legal position in Jersey
During these uncertain times, business resilience and continuity is at the forefront and directors of companies will be feeling mounting pressure to be dynamic and adapt to an unprecedented and rapidly changing situation. Directors, whilst seeking to minimise the impact to the business, should also be mindful of their own personal exposure whilst continuing to trade through the COVID-19 pandemic.
Isle of Man Charities Registration and Regulation Act 2019
The final provisions of the Charities Registration and Regulation Act 2019 (2019 Act) came into force 1 April 2020. Whilst, the 2019 Act updates the registration and regulation provisions which were previously contained in the Charities Registration Act 1989 (1989 Act), it does not consolidate all of the Charities Acts.
Estate planning during COVID-19
With people working from home and being surrounded by their spouse, children, and in some cases parents, the prospect of they or a loved one contracting the coronavirus and how it might impact their family, is a natural topic of conversation.