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08 Mar 2021

Legal Update: Remoteness Of Damages For Breach Of Contract

Legal Update: Remoteness Of Damages For Breach Of Contract The Privy Council, the Island's final appeal court, recently reaffirmed the test for remoteness of liability in breach of contract claims in Attorney General of the Virgin Islands v Global Water Associates Ltd (British Virgin Islands) [2020] UKPC 18 ("GWA"). In…

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07 Mar 2021

By engaging and using the employer's arbitration process, does an employee affirm his or her contract of employment and forfeit the right to claim constructive dismissal?

By engaging and using the employer's arbitration process, does an employee affirm his or her contract of employment and forfeit the right to claim constructive dismissal? Is an employee still entitled to constructive dismissal whether he or she insists that his or her employer has violated the contract of employment…

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04 Mar 2021

Changes to Rights and Duties resulting from prospectus supplements under the EU Prospectus Regulation

Changes to Rights and Duties resulting from prospectus supplements under the EU Prospectus Regulation Key points The EU Prospectus Regulation has been changed to make recovery from the COVID-19 pandemic easier. For equity securities, a new EU Recovery Prospectus has been issued. Withdrawal privileges have been extended from two to…

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03 Mar 2021

Another Bill in Congress Seeks to Limit Non-Competes, Will This One Go Anywhere?

Another Bill in Congress Seeks to Limit Non-Competes, Will This One Go Anywhere? Senators Chris Murphy (D-Conn.), Todd Young (R-Ind. ), Kevin Cramer (R-N.D.), and Tim Kaine (D-Va.) introduced the Workforce Mobility Act, a joint measure to restrict the use of non-compete deals, in the United States Senate on February…

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02 Mar 2021

Changes to Theatre Licensing 2021- UK

Changes to Theatre Licensing 2021- UK On January 27, 2021, the Theatres Act of 1968 was repealed. The Act, which established a statutory licensing system for theaters that stage plays in public, has not been replaced by new laws. Rather, a local authority may choose to license theatres within a…

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01 Mar 2021

Minimum GoT Shareholding Regulations Published

Minimum GoT Shareholding Regulations Published Section 10 of the Mining Act, R.E. 2019 (the Act) imposes a statutory obligation on mining firms in Tanzania to afford/grant the Government of Tanzania (GoT) a minimum of 16 percent non-dilutable free carried interest shares in the capital of a mining company in order…

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