06/22/2021
Brexit: less than 10 days to request a new residency permit
Tick Tock! Reminder to British Citizens Living in Luxembourg: Less than 10 days remaining to request a new residency permit before 30 June 2021
Legal
06/22/2021
BVI Commercial Court discharges injunction in hard-fought BVI proceedings arising out of high-value arbitration
The Judge's willingness to rely on the terms of an award against a non-party on an interlocutory basis may have wide-reaching implications given the increasing popularity of arbitration in the BVI.
06/22/2021
Carey Olsen advises FSN Capital on latest mid-market fund launch
The fund, which was oversubscribed and closed above its original hard cap, will continue FSN Capital's proven investment strategy of targeting control buyout investments of mid-sized companies in Northern Europe.
06/21/2021
Multi-Juridictional Maples Team Advise Everarc on $2 Billion Acquisition
The Boards of Directors of EverArc and the company have each approved the proposed transaction which is expected to close in Q4 2021 and is subject to customary conditions.
06/21/2021
BVI Corporate Director: Who are you responsible for if your company struggles with cash flow?
Under these circumstances, it is necessary to confirm the obligations of directors.
06/21/2021
Walkers' Jersey and Guernsey Teams Combine on Corporate Restructuring for Real Estate Holding Structures
The Walkers Banking and Finance team included group partners Jon Le Rossignol and Kim Paiva, senior counsel Julia Keppe and associates Alice Wight and Pascalle Palmer.
06/18/2021
Snapshot: enforcement against personal property in Guernsey – arrêts and désastre
The arrest is usually carried out by way of an inventory and the debtor's undertaking not to dispose of the assets listed.
06/18/2021
GUERNSEY: Update on sanctions following Brexit
Guernsey shifted from following the EU’s framework to the UK in this area, which has led to additional changes and simplification to the local regulations.
06/18/2021
Mourant advises on significant redomiciliation Scheme of Arrangement
Prior to the Scheme, the shares of EMC were listed solely on the TSX. The new listing will reportedly see Endeavour become the largest pure gold producer on the premium segment of the LSE.
06/17/2021
Jersey Advocate launches a new and next generation family law firm
With the average divorce costing tens of thousands of pounds and trends showing a significant increase in the number of enquiries throughout the pandemic, Carly, who is listed as a Legal 500 recommended lawyer, identified a gap in the market.
06/17/2021
Collas Crill Explains… Payment of Dividends and Distributions by a Guernsey Company
The 'maintenance of capital' rule is significantly relaxed in Guernsey, allowing for dividends and distributions to be paid from a far wider range of sources.
06/17/2021
Understanding Economic Substance in the Cayman Islands and BVI
The intended activity, or activities, and the structure of the company should be reviewed against the substance legislation to ensure that the location of incorporation is viable for the vision of the entity.
06/17/2021
Solvency Statements Under Companies (Jersey) Law 1991-is it Time to go Paperless?
The Law imposes a requirement for directors to form a conclusion as to the solvency of a company as a prerequisite to a number of corporate actions including the repurchase of its own shares, a reduction of capital and the continuance of a Jersey company
06/17/2021
Cains becomes TISE Member
Built on a culture of responsiveness and innovation, TISE is a regulated marketplace for listing a wide range of bond and equity products
06/16/2021
Ogier advises on Tullow Oil's US$2.38 billion refinancing
The company will use the proceeds to finance the repayment of loans and bonds
06/16/2021
Block.one pays US$27.5 million to settle class-action lawsuit
They argued that token investors did not receive any of the profits from these investments, which instead went to Block.one’s executives and equity owners.
06/16/2021
Case Provides Clarity - Reflective Loss forms part of Guernsey Law
During its years as sole trustee of the Trust, the Defendant provided corporate services, including directors, to the underlying companies within the joint venture structure.
06/16/2021
Andersen Global Extends Coverage With Law Firm in Antigua and Barbuda
The firm’s capabilities include intellectual property, civil litigation, company formation and business set up, commercial law, banking and real estate.
06/15/2021
TISE welcomes Irish business law firm
The TISE proposition has a number of important differentiators from the other exchanges we work with. We are sure it will be a very attractive listing venue for our clients.
06/15/2021
IBOR rates changes: important considerations for Trustees and Directors
This is a part of a series of practical vlogs in which we will examine areas of law and practice that frequently arise for our clients.