Managers of Wealth Offshore

Carey Olsen advises VinaCapital

The Carey Olsen team advising VinaCapital on all Guernsey aspects of its migration was led by corporate partner Ben Morgan and senior associate Gemma Campbell.

New Juan Carlos investigation widens to Jersey bank account

Intelligence about the account, with a reported balance of nearly €10 million, was promptly passed on to Spanish prosecutors.

In the matter of the Arpettaz Settlement [2020] JRC 161

The introduction of so-called firewall provisions has, if anything, only reinforced that general position.

Carey Olsen advises Kape Technologies on cash box placing to raise US$115 million

The funds will allow Kape to consolidate previous acquisitions in the digital privacy market and enable it to exploit other potential acquisition opportunities which may arise as a result of current market conditions.

Res Judicata and Privity - Torchlight GP Limited v Millinium Asset Services Pty Limited et al

Background The Plaintiff, Torchlight Fund LP, brought claims against Millinium Asset Service Pty Ltd and others, the 1st to 3rd Defendants (the MAS Parties) alleging conspiracy and other economic torts (the Conspiracy Proceedings). The Plaintiff was the R

Chappell tax evasion conviction shows nobody beyond HMRC's reach

The offshore, corporate and wealthy unit was established by HMRC at the time of the 'Panama Papers' scandal in April 2016.

Is Cayman looking to cash in on Crypto?

The legislation has been drafted in line with current FATF (Financial Action Task Force) rules, aligning the crypto industry with international anti-money laundering standards.

Carey Olsen advises ad hoc group of lenders in Survitec restructuring

As part of the transaction, ownership of the Survitec Group was transferred to the group's lenders who were represented by Carey Olsen in Jersey.

Ogier is named Best Offshore Law Firm in US Hedgeweek Awards 2020

The award will be the sixth time that Ogier globally has won the accolade offshore law firm of the year in the last two years

Mourant named Offshore Law Firm of the Year

Mourant was one of seven firms shortlisted for the 'Offshore Firm of the Year' title.

BAHAMAS: New legislation criminalizes financial schemes

Licensees will also be required under the Bill to have adequate financial resources and be solvent and to have adequate insurance coverage appropriate to their business operations.

Who's Who Legal recognises nine Carey Olsen partners as experts in private funds

Among the nine recognised, Ben Morgan, partner and head of the Guernsey corporate practice, is also the only Guernsey-based lawyer to be recognised as one of six 'global elite thought leaders' for the offshore region.

An analysis of insolvency involving Guernsey and Jersey property

The basic procedure begins with the lender suing the borrower to recover all sums plus interest due.

Ogier advises Ardonagh Group on corporate restructuring and debt financing

Ogier also advised on the refinancing of high yield bonds and credit facilities as part of the debt financing.

Cayman reports anti-money laundering progress to FATF

The FATF placed Cayman under observation to implement a total of 49 recommendations made by the CFATF in its evaluation.

Maltese wealth firm appeals €1.2m fine

Company says that it is ‘undoubtedly disproportionate to the alleged breaches’

New CIMA Rules for Registered Mutual Funds

New rules relate to contents of offering documents, segregation of assets and the calculation of asset values.

UPDATE Cayman Islands – CRS and FATCA update

The Cayman Islands has extended the CRS and FATCA reporting deadlines to 16 December 2020 and the deadline for filing the new CRS Compliance Form has been extended to 31 March 2021

Cayman Islands Announces Legal Framework in Bid to Attract Crypto Businesses

A new virtual assets bill to bring in provisions to facilitate the phased rollout of the new rules was published last Thursday and will be presented at the next sitting of the Cayman Islands Legislative Assembly.

Ogier's 'first class service' stands out in Chambers 2021

All our teams work exceptionally hard to put the client at the centre of everything that we do so it is heartening to see that reflected back to us.