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A Cash Box Structure

By Emma

What is it? A cash box structure or placing is a method used by a plc to raise funds quickly from institutional investors. It is a cheaper method of raising funds than a more traditional placing of shares, rights issue or plain vanilla debt financing. Why use one? The principal…

Crystal Ball Gazing – Cash Flow Insolvency in Jersey

By Emma

One of the consequences of the current financial climate caused by the recent pandemic is that the question of solvency will become a more frequent consideration when examining the viability of a business going forward. For the purposes of the Bankruptcy (Désastre) (Jersey) Law 1990 (the “Bankruptcy Law”) and the…

New Parental Leave Legislation

By Emma

The States have approved the appointed day act for the Employment (Amendment No.11) (Jersey) Law 2020 which will introduce extended rights for parents in the workplace from 28 June 2020. Maternity, parental and adoption leave is now referred to as parental leave and is extended to 52 weeks of which…

Global International Governance

By Emma

https://irglobal.com/file/8add53a0a483b7a2279e8f9b91041677.pdf QUESTION ONE With recent data protection legislation across different jurisdictions, companies are now being held to account regarding their use of personal data. Will this result in a more litigious culture for companies and what does this mean for boards? Jersey has closely aligned itself to the United Kingdom’s…

New Family Friendly Employment Rights effective from 28 June 2020

By Emma

The Social Security Minister has sought approval from the States Assembly for the family friendly Employment Law changes to come into force on 28 June 2020. The amended law which was approved by the States on 24 October 2019 entitles all new parents, including surrogates and adoptive parents, to 52…

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