Any Other Business: Essential Reading for Channel Island NEDs - September 2017

 

Q&A with former Clifford Chance managing partner Peter Cornell on life in the boardroom

Peter Cornell is a Partner and member of the Investment Committee at Metric Capital - but he's better known for a 36-year tenure at Clifford Chance, which included spells in London, New York, Madrid and Singapore and five years as managing partner. In this Q&A, the Guernsey resident talks about life in the boardroom, how to find the right balance on a board, and the questions that NEDs should be asking executive teams.

Watch the video here: Q&A with Peter Cornell

 

Ten point checklist for directors when insolvency looms

Alex Horsbrugh-Porter is counsel in Ogier's dispute resolution group in Guernsey, specialising in insolvency. In this piece, he runs through a checklist of ten things for directors to consider when insolvency looms.

Read the briefing here: Ten point checklist for directors when insolvency looms

 

The power of shareholders to manage a company

Can a simple majority of the shareholders ever direct the board how to manage the company? This question was considered recently by the Royal Court of Jersey in Galasys plc [2016] JRC 188.

Read the briefing here: The power of shareholders to manage a company

 

Non-Executive Directors: what to consider before taking a board position

Jersey Corporate Partner Sara Johns looks at some of the key questions you should ask yourself before taking on a NED role, and how to go about your due diligence checks.

Sara has years of corporate law experience both locally and internationally. She also co-heads Ogier's competition law practice, and is a member of Digital Jersey’s Member Advisory Group and the Chamber of Commerce Digital Sub-Committee.

Read the briefing here: Non-Executive Directors: what to consider before taking a board position

 

Licensing requirement for Guernsey directors

The GFSC has recently provided clarity on licensing requirements - Partner Bryon Rees extracts the salient points in this article. Bryon is qualified in Guernsey, South Africa and England - he advises Guernsey companies on corporate and regulatory law.

Read the briefing here: Clarification on the scope of licensing requirements for Guernsey directors

 

Ten year limitation period for Jersey directors

The English High Court has held that the limitation period applicable to claims against Jersey company directors for a breach of duty under the Companies (Jersey) Law 1991 (the Companies Law) is 10 years. In this piece, Associate Michael Robinson explores why, and how relevant this is to the boards of local companies. 

Read the briefing here: Ten year limitation period for Jersey directors

About Ogier

Ogier provides practical advice on BVI, Cayman Islands, Guernsey, Jersey and Luxembourg law through its global network of offices. Ours is the only firm to advise on these five laws. We regularly win awards for the quality of our client service, our work and our people.

Disclaimer

This client briefing has been prepared for clients and professional associates of Ogier. The information and expressions of opinion which it contains are not intended to be a comprehensive study or to provide legal advice and should not be treated as a substitute for specific advice concerning individual situations.

Regulatory information can be found at www.ogier.com

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