This memorandum outlines the steps necessary under the Companies Act 1981 of Bermuda for a Bermuda-exempted company to discontinue from Bermuda to a foreign jurisdiction. Under Bermuda law, one or more Bermuda-exempted companies may merge or amalgamate with one or more bodies incorporated outside Bermuda, and the surviving or amalgamating entity may continue in the […]
This memorandum outlines the steps necessary under the Companies Act 1981 of Bermuda for a company incorporated outside of Bermuda to continue into Bermuda as a Bermuda-exempted company. Under Bermuda law, one or more Bermuda-exempted companies may merge or amalgamate with one or more bodies incorporated outside Bermuda, and the surviving or amalgamating entity may […]
In Antonio Gramsci Shipping Corp & Ors v Aivars Lembergs [2013] EWCA Civ 730, the Court of Appeal held that the controller of a shell company that had entered into a contract containing a jurisdiction clause was not deemed to have consented to submit to that jurisdiction himself. The court also followed the recent rulings […]
On 13 September 2013, the Securities and Exchange Commission (SEC) charged Fredrick D Scott, the owner of a New York-based investment advisory firm, with defrauding investors while exaggerating the amount of assets under his management. On the same day, in a parallel criminal action in the Eastern District of New York, Scott pled guilty to making […]
Minneapolis-based Dorsey & Whitney is to close its Sydney office before the end of the year, following the relocation of sole Sydney partner John Chrisman to Hong Kong. The closure in Australia comes four years after the firm opened in Sydney in 2009 (16 May 2008). The office was the firm’s only presence in the […]
No5 Chambers has announced that Mark Anderson QC and Nageena Khalique have been shortlisted for The Chambers 100 UK Bar. Within the Midlands region, Khalique is the only junior nominated and Anderson is one of two silks nominated. Anderson is a member of nine groups at No5, including commercial litigation, insolvency and professional negligence, while Khalique […]
By Kevin McCavish The Employment Appeal Tribunal has ruled that an employer’s failure to provide an impartial grievance appeal could amount to a breach of the implied term of trust and confidence. It is common for an employee to rely on a breach of the implied term of trust and confidence by his or her […]
A team from No5 Chambers entered the Bristol Legal Walk — a 10km walk around Bristol that started at the Civil Law Courts and ended at The Station, Silver Street. The team comprised Bridget Forster, James Turner and Chris Norman. All sponsorship raised from this event, which is now in its third year, went to […]
The Anthony Barker QC Memorial Shield, a six-a-side floodlit cricket tournament organised by No5 Chambers, has raised a total of £3,253.67 for Marie Curie Cancer Care. The tournament is a tribute to Barker, a former head of chambers and head of the criminal group, who passed away in March 2012 after suffering from cancer. […]
Nine members of the No5 team have successfully completed an abseil down the Wesleyan Building in Birmingham for the Birmingham Children’s Hospital Charity. The abseil took place on the morning of 21 September 2013. No5 has raised £1,030 so far, beating the team’s target of £1,000.
Clifford Chance has beaten stiff competition to be named Management Team of the Year at the inaugural The Lawyer Management Awards with the magic circle firm recognised for improved client experience. Global head of business transformation Oliver Campbell and his team were rewarded for radically improving efficiencies of legal services delivery. The firm’s continuous improvement […]
DLA Piper has hired a partner each from Gilbert + Tobin and Ashurst to strengthen its corporate offerings in Sydney. Bryan Pointon, previously a corporate partner at Gilbert + Tobin, will join DLA Piper’s Sydney office as a partner and will also take on the role of Asia Pacific corporate head. Prior to joining Gilbert […]