On 1 January 2017 the Financial Services Rule Book 2016 (the "Rule Book") comes into operation. W...
Flexibility in Corporate Restructuring: Schemes of Arrangement
A scheme of arrangement is a statutory process which permits a company to enter into a compromise or...
Restatement of the doctrine of illegality: The Supreme Court’s decision in Patel v Mirza
The doctrine of illegality prevents a claim which is based upon an illegal act. Following a series o...
“Anti-Oral Variation” Clauses in Contracts: do they really prevent variations orally and/or by conduct?
In obiter comments made in the recent case of Globe Motors Inc v TRW Lucas Varity Electric Steering ...
Insolvency Update: Challenging a Liquidator’s Decisions by Judicial Review
His Honour Deemster Doyle (the Isle of Man's Chief Justice) recently handed down judgment in a case ...
Appeal Court confirms strike out principles
Last year, leading offshore law firm DQ Advocates reported on the Isle of Man High Court's judgment...