Resources

Strategic Through Knowledge

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Navigating Property Transactions: The Crucial Role of Due Diligence

In the dynamic world of real estate, where fortunes can be made or lost with a single transaction, due diligence stands as the cornerstone of informed decision-making. Whether one is embarking on the journey of purchasing their dream home or strategically divesting a property asset, the importance of thorough investigation cannot be overstated.  Due diligence […]

Doing Business in a Modern Society

Jamaica has long had as its goal becoming a commercial leader on par with the most developed nationsof the world. In the globalized modern landscape, a big part of fulfilling this goal is participation in the“digital economy”. With that in mind, the government of Jamaica passed the Electronic Transactions Act(“ETA”).The ETA was passed by parliament […]

Employee Slips, Employer Slides?

Did you know that even a negligent employee who gets injured on the job because of their own conduct can still be awarded compensation from their employer for those injuries? It is a well-established legal principle that an employer has a duty to take reasonable care to ensure the safety of their employees. Employers are […]

MF&G Holiday Closure Notice

Changing the reins: The Company Directors

All companies are to have a Board of Directors to provide guidance to, and oversight of, the company. In Jamaica a private company is required to have at least 1 director. On the other hand, a public company is to have at least 3 directors, at least 2 of whom are not employees of the […]

Is your trade mark registered in Jamaica and elsewhere?

Some companies are willing to spend millions on the registration of their trade marks because they understand the value and goodwill that may be associated with a brand represented by a trade mark. The intangible assets of an enterprise, including trade marks, can be more valuable than its tangible assets, including land.  A trade mark […]

Is a promise a comfort to a fool?

We’ve all heard the adage a promise is a comfort to a fool, but is that always true? Some promises are in fact very comforting. A promissory note is an example of one of these comforting promises.  What is a promissory note?  A promissory note is an unconditional promise in writing made by one person […]

Consumer Protection; Recognizing your Rights

Consumer Protection; Recognizing your RightsHave you ever purchased a fan to survive a hot summer day, only to reach home, plug it in and get no breeze? The Consumer Protection Act was enacted to safeguard the interests of the consumer to ensure a fair and just marketplace in Jamaica. Who is a Consumer?A consumer in […]

Write it down! The benefits of reducing contracts to writing

Everyday individuals and companies enter contracts to achieve their objectives. Generally, contracts can be written, oral or by conduct. Although the law may require specific types of contracts to be in writing or executed in a particular way, there is no general requirement for contracts to be in writing. Many people often create oral contracts, […]

Joint Accounts: To Gift or Not to Gift?

It is generally accepted that the establishment of joint accounts and/or the ‘gifting’ of assets to intended beneficiaries during one’s lifetime are recommended ways by which an individual can prudently engage in estate planning.  These have become prominent particularly in an effort to avoid, where possible, the costs of probate and administration, the attendant taxes […]