Decisions in the cases of Sharland, Gohill and Wyatt v Vince appear to open the doors to allow a second bite of the financial cherry but is that correct?
The issue before the court was whether to grant leave to the Privy Council.
Whether dealing with a multinational corporation or a private client, the dispute resolution department adopts a commercially realistic approach to bring each case to an efficient and practical conclusion.
The corporate and commercial department has an international background and is flexible enough to provide a wide range of corporate legal services to both large, established institutions and small businesses.
Simcocks has a dedicated team providing advice on business restructuring, recovery and insolvency.
Simcocks has one of the largest employment group on the Isle of Man and is a market leader in the field.
The commercial and residential property department at Simcocks boasts one of the most experienced teams on the Island.
The Isle of Man is financially attractive with the Government encouraging people to the Island with a tax system that fosters the creation and preservation of wealth.