Resources

Strategic Through Knowledge

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The Junior Stock Exchange and Your Business

Operators of small to medium sized enterprises (SMEs) are often like David fighting the Goliath of large scale competitors, cheap imports and expensive commercial borrowing. The Junior Stock Exchange was introduced in 2009 as a possible sling shot and pebble. While most of us may be familiar with the concept and potential benefits of listing […]

FATCA – A Fat Pill to Swallow

The Foreign Account Tax Compliance Act of the United States (FATCA) has created quite a buzz among Jamaicans; buzz, of course, being a euphemism for alarm. FATCA is the US Government’s attempt to improve tax compliance in the area of foreign financial assets and offshore accounts. One of the main arms of this controversial Act […]

Repairing Rented Premises

When a person borrows an item from another, the borrower understands that he should return it in the same condition in which he received it. A landlord would believe that this principle also applies to premises he has rented to his carefully chosen tenant. However, it is not accurate for a landlord to assume that […]

Getting Your Product on the Market

Whether you have just come up with the most scrumptious recipe for low calorie chocolate chip cookies or signed a distributorship agreement for the next diet pill craze, there are a few legal steps to be taken before your product can hit the market. Depending on the nature of the product, it may require registration […]

Is the Ministry of Labour minding your business?

Some time ago we received a letter, on behalf of one of our clients, demanding notice pay on behalf of an employee who had been summarily dismissed. The letter warned, “…if your client somehow fail (sic) to have this matter settled by [x date] the matter will by (sic) referred to the Kingston Resident Magistrates […]

Government Procurement Procedures

Key aspects of public sector procurement are found in the Financial Administration and Audit Act, the Contractor General’s Act as well as other Acts and Regulations. Also, Jamaica is a signatory to international treaties that touch and concern public sector procurement. Under the Contractor-General’s Act, the award and implementation of government contracts is monitored by […]

Norman Minott appointed as a member and Chairman of the Municipal Service Commission and the Parish Councils Services Commission

Norman Minott appointed as a member and Chairman of the Municipal Service Commission and the Parish Councils Services Commission. The Commission is responsible for the appointment of persons to the Parish Councils, their promotion, transfer, termination, dismissal and disciplinary control.

Preferential Treatment of a Creditor

Many companies have been hard hit by the global recession. In some cases, the company’s ability to pay its debts has been severely and irreversibly impaired. When faced with such financial difficulties the company may be pressured or tempted to treat one creditor in a more favourable way than the treatment afforded to the general […]

What’s Your Credit Score?

If you have cable T.V. chances are you have seen advertisements for websites like freecreditscore.com. A credit score is a number representing the creditworthinessof an individual and the likelihood that that individual will pay his or her debts. Lenders use credit scores to evaluate the potential risk of lending money to consumers. Until fairly recently […]

Policy on Gifts and Donations Drafted

Minister of Health, Hon. Dr. Fenton Ferguson, says the Government has drafted a policy relating to gifts and donations, to enhance the mobilisation of resources for the health sector, particularly from charitable organisations. We have drafted the policy on gifts and donations to ensure an effective system of accepting, documenting and distributing all resources mobilised […]