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In order to make the Decree for the Promotion of the Manufacturing, Maquiladora and Export Services Industry (IMMEX Decree) consistent with the new General Import and Export Duties Law and the US-Mexico-Canada Agreement (USMCA), a number of the decree's annexes have been modified. Specifically: references to the North American Free Trade Agreement have been substituted with references to the USMCA; the Annex I tariff items (ie, goods that cannot be temporarily imported under the IMMEX Decree) have been updated; and the Annex II tariff items (ie, goods that must comply with specific requiremen...

The Supreme Court's judgment in the Financial Conduct Authority's test case on non-damage business interruption cover for losses arising from the COVID-19 pandemic has wide-ranging implications. In terms of the impact on property, this is a significant decision for both landlords and tenants, where premises were forced to shut under the government's instructions to businesses to close and stay at home and following the introduction of social distancing instructions in March 2020.

On 14 December 2020 Parliament passed the landmark Private Funding of Legal Services Act 2020. The act was published in the Cayman Islands Gazette on 7 January 2021 but is subject to a commencement order and is therefore not yet in force. Background In the Cayman Islands, the doctrines of maintenance and champerty were both crimes and torts, which sometimes created obstacles for litigants seeking to enter into funding agreements with third parties to obtain financing for the litigation in return for a share of the proceeds. Following the growing global prevalence of litigation funding (inclu...

On 19 January 2021 the Federal Court delivered a landmark decision in PJD Regency Sdn Bhd v Tribunal Tuntutan Pembeli Rumah.(1) The apex court decided that in the event of delay of delivery of vacant possession for Schedule G and H-type contracts under Regulation 11(1) of the Housing Development (Control and Licensing) Regulations (HDR) 1989, the timeframe for calculating liquidated and ascertained damages (LADs) begins from the date of payment of the booking fee, not the date of the sale and purchase agreement (for further details please see "Housing developers beware – Federal Court upho...

From 15 February 2021, international arrivals to England must quarantine in a government-managed hotel if, within the 10 days before their arrival, they have been in or transited a country to which a travel ban applies. Additional post-arrival COVID-19 testing has been mandated from the same date. A raft of penalties will also apply for non-compliance.