Two Carey Olsen lawyers recognised in eprivateclient's 50 Most Influential The list recognises the leading figures in the UK and global offshore private client practitioner sector, including advisers from the wealth management, accountancy, legal, trust, family law, and fintech sectors ...
Carey Olsen advises Digicel on sale of majority stake in Cricket Sporting Investments Ltd. Cricket Sporting Investments Ltd. is the holding company of CPL Limited, which is the operating entity behind the Caribbean Premier League ("CPL"). Founded in 2013, the CPL is the Caribbean's premier Twenty20 cricket competition ...
By: Christopher ‘Smitty’ Smith As we usher in 2025, businesses across the world that ship products into California are facing new and updated regulations under Proposition 65 (Prop. 65), the state’s landmark product warning law. The changes, which affect a wide range of industries—from food manufacturers to automobile part producers—have substantial implications for companies that manufacture, distribute, or sell products sold in the state ...
Our Technology Sector Group comments on upcoming trends and developments to expect in 2025 for the sector. 1. Artificial intelligence (AI) In 2025, AI will remain front and centre, as the hype of the last 18 months gives way to more widespread deployment of AI solutions across organisations – but with that will come increasing legal and compliance challenges ...
As the new administration begins, significant changes to immigration policies are anticipated, though the specifics of these changes—including when they will take effect and how they will impact the current immigration system—remain uncertain. Among these potential changes, we may see an increase in worksite inspections for H-1B and L-1 visa holders as part of enhanced compliance measures. While this increase in enforcement may be concerning, there’s no need to worry ...
On Dec. 11, Federal Trade Commission and the U.S. Department of Justice's Antitrust Division jointly withdrew the antitrust guidelines for collaborations among competitors. In place since April 2000, the guidelines purported to set forth an analytical framework for the agencies' antitrust enforcement policy under Section 1 of the Sherman Act, with respect to collaborative agreements between actual or potential competitors ...
Tokenisation is the process of converting legal rights of a real-world-asset (“RWA”) into a digital token that is recorded on a decentralised ledger. Asset-referenced tokens (“ARTs”) can tokenise physical assets such as buildings and commodities; or intangible assets including bonds, equities, intellectual property, quarrying/mining rights or renewable energy credits. ARTs provide a decentralised and transparent way to manage and transfer ownership ...
Compliance with a key component of the EU’s Instant Payments Regulation (“IPR”) is mandatory as of the 9th of January 2025 ...
Regulation (EU) 2023/988 on general product safety (“EU GPSR”) came into force on 13 December 2024 with the aim of ensuring that all non-food consumer products, whether sold online or offline, on the EU market are safe. The EU GPSR, which replaced the General Product Safety Directive (“GPSD”) in the EU, serves as a “safety net” that catches and regulates the safety of consumer products in the absence of other specific rules ...
The Information Commissioner's Office has recently published ‘AI tools in recruitment audit outcomes report’ in which they issue a series of recommendations to AI developers and users to ensure job seekers are protected during the recruitment process ...
The EU Data Act will start to apply in September 2025. It has become clear that one of the most vexing issues in applying the Data Act to real-life scenarios may in fact be a very basic one: Understanding how the apparatus of roles of the Data Act works in practice, and how it interacts with parallel role definitions of other EU laws. We discuss some of these issues and proposed solutions in this brief article ...
Carey Olsen maintains status as leading TISE listing agent for ninth consecutive year COCFL acted as listing agent on 40% of all classes of securities listed on TISE in 2024. COCFL also assisted with the majority of new high yield bond classes listed in 2024 and continues to act for a majority of all high yield bonds currently listed on TISE. TISE introduced its 'Specialist Companies' equity rulebook ("the Specialist Companies Equity Rules") in November 2024 ...
While enforcing US judgments in the UK presents several challenges, recent case law offers valuable guidance. By taking proactive steps and seeking expert legal advice, litigants can improve their chances of successfully enforcing US judgments in the UK ...
2025 looks to be another busy year in the pensions world, Suzanne Burrell focuses on consolidation in the defined contribution pensions market. UK Defined Contribution Pensions Consolidation: a look ahead to 2025 2025 looks to be another busy year in the pensions world, with a continuing number of defined benefit schemes in the private sector looking to secure benefits with insurers ...
When an employee is subject to a police investigation or is charged or convicted of criminal misconduct outside of work, it can be a challenging area for employers to navigate. We set out our top tips for employers handling such situations. Top tips for employers dealing with criminal misconduct outside of work When an employee is subject to a police investigation or is charged or convicted of criminal misconduct outside of work, it can be a challenging area for employers to navigate ...
A new netting law was published on 1 October 2024 as Federal Decree-Law No. 31 of 2024 on Netting (theNetting Law) and came into effect on 2 January 2025, repealing Federal Decree-Law 10 of 2018 on Netting (theOld Law). The Netting Law provides further clarification on both the legal recognition and enforceability of various financial contracts, and the ability to implement close-out netting (i.e ...
By: Hector A. Chichoni, Esq. As President-elect Donald Trump prepares to assume office, U.S. employers and companies, in almost every sector, are anticipating a significant increase in changes in immigration law and procedures. This is rightly so, given the historical precedent established during the first Trump administration (2017-2020) ...
The firm has previously notified our clients and network about an obligation to make certain filings under the Corporate Transparency Act (CTA) that became effective at the beginning of 2024. It provided deadlines to file Beneficial Ownership Information (BOI) for many companies by December 31 of this year, and in some cases required earlier deadlines ...
Extension of the Act’s scope to number-independent interpersonal communications services (NI-ICS) The new Act broadens the definition of an «electronic communications service» to encompass number-independent interpersonal communication services (NI-ICS). NI-ICS refers to person-to-person communications services that do not connect to numbers within a national or international number plan, nor facilitate communication with such numbers ...
The financing activity in the Norwegian market in 2024 has been positively affected by stable interest rates and inflation levels on a downward trajectory. The US, the EU and Sweden have started their planned interest rate cuts. Although the expectation at the start of the year was that the Norwegian Central Bank would cut interest rates in 2024, a strong labour market and a weak currency have resulted in zero interest rate cuts so far ...
Three days after a motions panel on the Fifth Circuit Court of Appeals granted the government’s emergency motion for a temporary stay on a Texas district court’s nationwide preliminary injunction blocking the enforcement of the Corporate Transparency Act (“CTA”), a merits panel has vacated part of the motion panel’s order ...
It has been an interesting year. Trade, and therefore, shipping can only circumnavigate the persisting and many awful geopolitical challenges. The Shipping industry’s commitment to improvement continues, both introvert (governance) and extrovert (environment and social responsibility). The Norwegian shipping cluster pioneers still in those areas, not least on the development of technologies and infrastructure toward minimizing impact on the environment ...
Earlier this month, a Texas district court issued a nationwide preliminary injunction blocking enforcement of the Corporate Transparency Act (“CTA”). However, on December 23, 2024, the Fifth Circuit Court of Appeals granted the government’s emergency motion for a temporary stay of that order, allowing the CTA’s enforcement to proceed while the appeal is pending ...
The Committee on Foreign Investment in the United States (“CFIUS”) is a federal interagency committee that is responsible for reviewing certain transactions by foreign persons (governments, individuals and businesses), if they threaten or affect the national security of the United States. In layman’s terms, the CFIUS is a federal body that reviews transactions by non-Americans that might threaten the U.S.’s security ...
Earlier this month, a district court in Texas issued a nationwide preliminary injunction against enforcement of the Corporate Transparency Act (“CTA”). On December 23, 2024, the Fifth Circuit Court of Appeals granted the government’s emergency motion for a temporary stay of the district court’s order and injunction pending appeal.[1] Pending further court developments, compliance with the CTA is currently required nationwide ...
