07/19/2021
Ogier represents DCP Capital, Ocean Link and Rick Yan
Under the terms of the agreement and plan of merger, on completion, 51job will merge with Garnet Faith Limited, a Cayman Islands company controlled by the investor consortium
Legal
07/19/2021
Appleby has acts as Cayman counsel to Black Spade Acquisition Co's USD150 million SPAC IPO
The Appleby team was led by David Bulley, Partner in Appleby’s Hong Kong office, and Dean Bennett, Counsel in Appleby’s Cayman office with assistance from Alejandra Gonzalez Saucedo.
07/16/2021
Appleby's Hong Kong office continues to act as Bermuda and BVI Counsel for China Oil and Gas Group
China Oil and Gas is a national piped gas operator in China focused on providing natural gas to end customers through the operation of its own natural gas branch pipelines and city-gas distribution networks.
07/16/2021
Major Amendments to BVI's Trusts Laws
The amendments move the BVI's trusts regime into line with, and in certain aspects ahead of, its competitor jurisdictions in the offshore trusts marketplace.
07/16/2021
Amendments to Trust and Probates Legislation of the British Virgin Islands now in Force
Section 12 of the Special Trusts Act deals with the modification of the rule in Saunders v Vautier as it relates to trusts with respect to which the application of section 58 of the Trustee Act is specifically excluded.
07/16/2021
Structuring from the foundations to the stars: Cayman foundation companies and STAR trusts
The law relating to STAR trusts is the same as for ordinary trusts (e.g. discretionary trusts) unless expressly provided for in Part VIII of the Trusts Act.
07/16/2021
Snapshot: management meetings confirmed as being integral in section 238 proceedings
The Company contended that, in the absence of any evidence from the Dissenters' expert as to why a management meeting was required, it was not necessary to arrange the meeting.
07/15/2021
Walkers expands Regulatory practice in Asia
The expansion of the Asia-based Regulatory team is in response to growing regional client demand for specialist offshore regulatory expertise.
07/15/2021
Luxembourg Simplifies Legal Framework for Non-Profits
Instead, they must establish a register of members kept by the board of directors.
07/15/2021
Carey Olsen advises West China Cement on US$600 million bond issue
The notes are guaranteed by WC Cement Limited (incorporated in the British Virgin Islands) and certain other subsidiaries of the Company.
07/15/2021
Former Abraaj CFO fined US$1.7m for deception
During both periods, Mr Dave was authorised by the DFSA to perform licensed functions as the Finance Officer and Licensed Director of Abraaj Capital Limited (ACLD), a DFSA Authorised Firm.
07/15/2021
Royal Court of Jersey declines to grant application to correct trustee's mistake and Permit Partial Rescission
While the Royal Court accepted that Article 47G provides for a flexible remedy, allowing the court to determine the extent to which a voidable power has effect, it held that this did not give the court the power to rewrite history and substitute a differe
07/14/2021
Crowdfunding service providers excluded from investment services legislation in Cyprus
Legal persons providing crowdfunding services are now expressly excluded from the provisions of the Investment Services and Activities and Regulated Markets Law 2017, as amended.
07/14/2021
Battle of the beneficaries: how to avoid trustee no-man's land
Every situation will of course have its nuances and particular difficulties, but there are some practical steps which can be taken to keep the trustee sailing a straight course through choppy waters.
07/14/2021
Saffery Champness trio make 'Top 35 Under 35'
Mr Gilligan joined the firm at the start of 2021, bringing with him more than 15 years’ experience in the finance industry.
07/14/2021
Ogier advises Xiezhong International on US$31.3 million privatisation and delisting from the HKSE
Ogier's dispute resolution team was led by partner Marc Kish from the Cayman Islands office, with Gemma Lardner and Dunzelle Daker The teams worked alongside lead counsel Fangda Partners.
07/13/2021
BVI Trust Law Amendments
The amendments are based on recommendations made by the Trust and Succession Law Review Committee of the local branch of the Society of Trust and Estate Practitioners and this update outlines the main changes which have been made to BVI trust law.
07/13/2021
Mourant assists Waystone in significant growth investment from Montagu Private Equity
The investment represents a significant opportunity for Waystone to build upon its current strategic growth plans and continue to invest in offering their clients an expanded range of global solutions.
07/13/2021
SEC again charges former Cayman broker with securities fraud
Oliver-Barret Lindsay accused of insider trading
07/13/2021
Carey Olsen a finalist for The Drawdown Awards 2021
The awards are scheduled to take place on Thursday 23 September at the De Vere Grand Connaught Rooms in London.