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Outlook from offshore: how ESG is changing the narrative

The offshore industry is thriving but ESG is adding new priorities both to transactions and to the way firms are being run, according to a new report by Reports Legal featuring Ogier's global managing partner Edward Mackereth.

With record deal activity across service lines this year, Ogier has been busier than ever in the past 12 months.

"Corporate has had a stellar year with all the M&A transactions and SPACs," said Edward.

Hong Kong, Company & Commercial, Environment & Climate Change, Insolvency & Restructuring, Public, Ogier, Private equity, Supply chain, ESG, Coronavirus, SPAC
Auditor liable for not including a provision for a third party claim?

In a recent case, the Court of Appeal of Arnhem-Leeuwarden dismissed a claim of the bankruptcy trustee of Welsec against an audit firm for failing to ensure that the audited company, Welsec, included a provision in its annual accounts for a third party claim (ECLI:NL:GHARL:2020:2492).

European Union, Netherlands, Banking, Insolvency & Restructuring, Litigation, Stibbe, Board of directors, Deloitte
Just and equitable winding up in Jersey - the most appropriate remedy?

Introduction

Jersey, Insolvency & Restructuring, Litigation, Ogier, Conflict of interest, Fiduciary, Option (finance), Liability (financial accounting), Liquidation, Balance sheet, Cashflow, Liquidator (law), Misappropriation
Recognition of foreign insolvency office holders

The Statutory Position:

The provisions governing the recognition of a foreign (including a UK) insolvency office holder under Jersey law are found in Article 49 of the Bankruptcy (Désastre) (Jersey) Law 1990 (the 'Law') and Article 6 of the Bankruptcy (Désastre) (Jersey) Order 2006 (the 'Order').

Jersey, Insolvency & Restructuring, Ogier, Bankruptcy, Conflict of laws, Ex parte, Comity, Courts of Jersey