05/12/2021
Nominations now open for Ogier-sponsored Guernsey Property and Construction Awards 2021
There are nine categories and the awards are free to enter.
Legal
05/12/2021
Update: Guernsey Corporate Law Changes May 2021
Companies that are considering adopting any changes that override the general rule should be mindful of Guernsey economic substance requirements and non-Guernsey tax issues, especially if changes could cause a board meeting to be treated as being held out
05/11/2021
BVI Commercial Court Confirms Implied Cross Undertaking in Damages in Receivership Order
The Freezing Order contained the usual cross undertaking in damages, which was given by JTrust to the Court as the price for obtaining injunctive relief.
05/11/2021
Carey Olsen and Northern Trust support Pureos Bioventures on debut fund launch
It will invest in innovative private drug development companies with an emphasis on novel biological drugs and emerging modalities such as nucleic acid, cell and gene therapies.
05/11/2021
Mourant lawyers named as Female Leaders by IFLR1000
We are delighted that five of our senior female lawyers have been recognised amongst the most prominent in their field.
05/11/2021
Harneys Banking and Finance partners featured in IFLR1000’s Women Leaders 2021 guide
This year’s IFLR1000 Women Leaders guide features the most prominent female lawyers from various jurisdictions
05/11/2021
Carey Olsen advises Nuvemshop on funding round to drive LatAm expansion
The Carey Olsen team advising Nuvemshop on the Cayman law aspects of the funding round was led by corporate partner Alistair Russell, assisted by associate Emily Cornhill.
05/11/2021
Carey Olsen advises TriSpan on latest mid-market fund launch
It will typically seek majority investments in proprietary buy and build opportunities alongside strong founders and management teams with a focus on multi-unit health care, business services or specialty manufacturing with limited use of leverage.
05/11/2021
BCR Law LLP named in 2021 eprivateclient Top Offshore Law Firms
The 2021 rankings are based on a survey of more than 50 private client offshore law firms worldwide.
05/11/2021
New Cayman law firm launches
New law firm
05/10/2021
$5.2 million in payment fraud complaints in 2020, says Central Bank
“Credit card fraud represented 29.8 percent of the total cases, for a corresponding value of $1 million (19.9 percent of the total value).”
05/10/2021
1MDB, SRC file 21 separate civil suits worth billions against banks, individuals for involvement in fraud
One of the suits also targeted fugitive businessman Low Taek Jho (Jho Low), his father Tan Sri Low Hock Peng, sister Low May Lin and accomplice Eric Tan Kim Loong from whom 1MDB is seeking a total of US$1.402 billion (RM5.76 billion).
05/10/2021
Grand Court of the Cayman Islands strikes out a creditor's winding up petition and comments on the relationship with arbitration clauses
The Company is incorporated in the Cayman Islands as the ultimate holding company for a corporate group engaged in the education sector in the PRC.
05/08/2021
Maples Group Launches Irish Asset Finance Offering
The new offering is a part of a long-term strategy to expand the Maples Group's market-leading Irish Asset Finance practice and follows Kinsley's secondment to the Group's Irish office where he worked alongside the Irish aviation team.
05/08/2021
Ogier advises ad hoc group of noteholders on US$7.1 billion Valaris plc financial restructuring
The restructuring involved an equitisation of the outstanding debt liabilities, the provision of a debtor-in-possession facility by the noteholders and the issuance of new secured notes.
05/08/2021
What to know about the May 2021 changes to the Companies (Guernsey) Law 2008
In one of the more significant changes, Sections 313 and 314 of the Law have been amended to simplify the process for approving off-market acquisitions of own shares by a company.
05/07/2021
Tearing apart Nilon? BVI Commercial Court allows interim rectification of register of members
There are also ongoing proceedings in Russia where, it seems, Mr Sazanov needed to show that he was the shareholder of the Company by 2 March if he was to avoid an outcome that would be “extremely adverse” to him.
05/07/2021
The Duties and Roles of Jersey and Guernsey Trustees During Divorce Proceedings
When the divorcing couple are both beneficiaries, even the most experienced Jersey or Guernsey trustee may struggle to follow a neutral line through the emotionally heightened dynamics of an acrimonious break-up.
05/07/2021
Tearing apart Nilon? BVI Commercial Court allows interim rectification of register of members
In order to avoid this situation Mr Sazonov made an application seeking urgent rectification of the Company’s register of members to show him as shareholder.
05/07/2021
Appleby's Hong Kong Office Continues to Act as BVI and Cayman Islands Counsel for Times China Holdings Limited
Appleby’s Hong Kong office was instructed again by Times China Holdings Limited (Times China) to act as British Virgin Islands and Cayman Islands counsel for their issuance of USD200 million 5.3% senior notes due 2022.