This briefing note describes the key features of a protected cell company ("PCC") and summarises the formation, structure and the liquidation procedures particular to this type of company.
Guernsey introduced legislation permitting the formation of cell companies through the Protected Cell Companies Ordinance in 1997 – the first country in the world to do so. Incorporated cell companies...
Guernsey has recently introduced legislation to regulate the charitable sector. The Charities etc (Guernsey and Alderney) Ordinance, 2021 brings forward changes that will impact upon most Guernsey...
Isle of Man
The Economic Crime (Transparency and Enforcement) Act 2022 (the Act) (an Act of Parliament) received Royal Assent earlier this year, partly in response to the Russian conflict with Ukraine.
Following the recent update from our Guernsey colleagues on the introduction of lasting or enduring powers of attorney, the Jersey Government has recently launched a consultation...
In the recent case of Asher v Jaywing Plc  EWHC 893 (Ch) the sellers bought a claim against the buyer for breach of contract relating to earn-out provisions in the share purchase agreement (SPA).
Freelance marketing is nice work if you can get it. And I had it – some good clients and a flexible career that I could do anywhere, any time. I milked the anywhere anytime part for all it was worth – even at the expense of income.
Herbert Smith Freehills
The Financial Reporting Council (FRC) has published an updated version of its Guidance on the Strategic Report.
Herbert Smith Freehills
Miscellaneous changes to the Takeover Code came into force on 13 June 2022 and the Takeover Panel has published a new Practice Statement No 33 on issues for a bidder...
A new discussion paper has been published by the Financial Conduct Authority (FCA) as part of the ongoing reform of the UK listing regime.
Guilhem Parent-Oteiza is a trailblazer in luxury brand management. He is currently Marketing and E-commerce Director for Givenchy Beauty in the UK leading all aspects of the customer journey...
Adding more (clear and cogent) detail to a heads of terms should mean there is less to negotiate in the sale and purchase agreement and other transaction documents.
Cadwalader, Wickersham & Taft LLP
In August 2021, the Financial Conduct Authority (FCA) brought in changes to the Listing Rules which were aimed at making London a more hospitable listing venue for new special purpose acquisition companies (SPACs).
Marks & Clerk
Recent research by UK VC Air Street Capital suggests that many UK university spinouts are dissatisfied with their experience.
Reed Smith (Worldwide)
The UK government has published its final proposals for far-reaching reforms to the UK's audit and corporate governance regimes, with significant consequences for the UK's largest companies...
Which business structure is right for you? This can influence the tax paid, your liabilities and level of regulation.
BCL Solicitors LLP
BCL partner, Richard Richman discusses with Investors Chronicle the likely approach UK regulators will adopt in an attempt to stop financial institutions suspected of making misleading green claims.
Companies – both public and private, and in multiple sectors – continue to grapple with the challenges of today's economic climate.
Despite the impact of COVID-19, more than 80 per cent of businesses are expanding their operations globally.
At Hawksford we offer tech organisations a full suite of corporate services including company secretary services, company directors, bookkeeping and accounting services...