PUBLICATIONS

Financial Services Regulation - an update June 2009

Guernsey will not remain unaffected by the push for tighter regulation and enhanced international co-operation, and, as an important player in that global economy, cannot afford to stand still in response to it.

Debt Recovery April 2009

The Debt Recovery unit at Collas Day offers a comprehensive, swift and cost effective service for a cross-section of commercial clients.

Mediation in Trust Disputes April 2009

It is clear that mediation will not resolve all trust disputes, and going down such a road will need to be carefully considered by the trustees and their advisers.

Employee Fraud

Fraud by employees is the fastest growing economic crime, accounting for between 60% and 85% of all fraud committed against businesses - depending whose figures you believe.

Financial Services Regulation - an update February 2009

As we all turn our minds to facing what promises to be one of the most challenging years for the financial services industry for some time, it is timely to consider the effect of some new Guernsey legislation touching upon the broader financial services sphere.

Redundancy - Summary Guide for Employers

Although an employer may have a contractual obligation to make a payment to an employee in the event of a redundancy, there is no statutory right to redundancy pay in Guernsey.

New Civil Forfeiture Regime in Guernsey

Advances in this area of legislation will assist the police and claimants alike in recovering assets obtained by, or to be used for, unlawful conduct.

Review of Guernsey smoking legislation

You may have noticed that Guernsey has gone smoke-free; or at least since 2006, has certainly taken a very large step in that direction. This review of the legislation concentrates on the position with regard to construction sites.

In the line of Duty

If you accept instructions to appear as an expert witness, it is vital that you do so with confidence and in full knowledge of what is expected of you.

Guernsey Funds, When it all goes wrong.

If there is a collapse in bond prices, or share prices, or a problem in the currency markets offshore funds may face problems.

Dispute resolution overview

The Dispute Resolution team has many years' experience of advocacy before the Guernsey and English Courts. All of the lawyers within the team are fully qualified English solicitors or barristers.

Mediation | An alternative dispute resolution procedure. April 2008

The Royal Court Civil Rules, 2007 (the 'New Rules') came into force in Guernsey on 4 February 2008. One significant improvement brought about by the implementation of the New Rules is that they explicitly recognise alternative dispute resolution as a valuable alternative to proceeding to trial.

Employee Fraud | Are your employees taking home more than their monthly salary? June 2008

Fraud by employees is the fastest growing crime, accounting for approximately 60% of all fraud committed against businesses.

Asset Tracing, Freezing and Recovery, July 2008

Obtaining a freezing injunction in the High Court is said to have a 'worldwide effect', but a High Court order is not directly or automatically enforceable against a Guernsey entity.

Enforcement in Guernsey of Foreign Judgments and Arbitration Awards, July 2008

Once you have 'frozen' assets in Guernsey, what are the steps you need to take to recover them and enforce your judgment or award?

Royal Court Civil Rules, 2007 come into force in Guernsey. February 2008

On 4 February 2008, the Royal Court Civil Rules, 2007 ("the Rules") came into force in Guernsey.