04/20/2021
Bedell Cristin advises Prestige Funds on new Shariah-compliant real assets and project financing fund
The fund is targeting $50-75m in year one from Islamic institutional investors.
Legal
04/20/2021
Carey Olsen advises Maximus in groundbreaking AI joint venture with IMAX
We were delighted to advise Daniel and the team
04/19/2021
Bond restructuring – overcoming structural bond impediments to effect a compromise
It should be noted that the restructuring in that case was by way of a plan of arrangement under the new English Part 26A of the 2006 Act, implemented by the Corporate Governance and Insolvency Act 2020, where cross-class cram downs are available.
04/19/2021
Walkers Named 'Offshore Law Firm of the Year' for Second Time at Chambers Awards
The Chambers Asia-Pacific Awards honour the work of international and national law firms across the region and nominations are based on research carried out for the Chambers Asia-Pacific guide.
04/19/2021
ENSafrica’s Thierry Koenig nominated to sit on the Institute of Judicial and Legal Studies board
The IJLS plays a key role in the professional development of barristers, attorneys and notaries in Mauritius
04/19/2021
Bedell Cristin to speak at PCD Club Cayman update
The session will discuss the latest trends and information on Cayman residence, investment, fund and wealth structuring for HNW families organised by PCD Club on 21 April 2021.
04/19/2021
Channel Islands Funds Quarterly Update: Q1 2021
The consultation paper proposes additions to the Finance Sector Code of Corporate Governance
04/16/2021
Carey Olsen a finalist for WealthBriefing European Awards 2021
More than 80 firms have been selected as finalists, with Carey Olsen among the 18 shortlisted for the private client categories, which includes Best Offshore Law Firm.
04/16/2021
HSBC wins London court fight with liquidators of bank owned by Allen Stanford
Liquidators of Stanford International Bank, which was incorporated in Antigua, complained that HSBC bosses should have been quicker to freeze Stanford International accounts.
04/16/2021
Billionaire Robert Smith’s Lawyer Kepke Charged in Tax Case
Kepke allegedly helped Smith avoid taxes through entities
04/16/2021
Walkers Ireland LLP receives top tier rankings across multiple practices areas by Legal 500 2021
Once again capital markets lawyer and managing partner, Garry Ferguson, has been listed in the 'Hall of Fame' category.
04/15/2021
BNF Bank distances itself from former manager facing money laundering charges Business
In a statement, BNF said Buttigieg retired from the bank in 2018.
04/15/2021
Financial Services Industry in The Bahamas Welcomes New Act
Banks in resolution must prepare and submit periodically to the Central Bank a “recovery plan” which provides for the rapid and orderly recovery of such bank
04/15/2021
Malta involved in Italian fuel tax fraud investigation worth €1 billion
€600 million in assets seized and 23 people arrested.
04/15/2021
Cayman Islands: the new ground zero for US hedge funds engaging in share appraisal litigation
The concomitant of an increasing number of take-privates is an increasing number of dissenter disputes concerning fair value.
04/14/2021
Mourant successful in resisting an out of time appeal
Mourant Partner Christopher Edwards, Counsel Sandra Duerden and Associate Rowan Coffer worked on the defence.
04/14/2021
Royal Court confirms Guernsey Financial Services Commission period
The GFSC opposed the application on the basis that the law set an appeal period of 28 days; and there was no discretion to extend that.
04/14/2021
Collas Crill Advises Curaleaf on Acquisition of EMMAC Life Sciences Limited
The company intends to substantially increase its cultivation capacity in 2021 to facilitate anticipated growth through increased access to the use of cannabis across major European and export markets.
04/14/2021
Swiss money laundering probe eyes Lebanon central bank chief: report
Contacted by AFP, the Swiss attorney general's office confirmed Tuesday that its aggravated money laundering probe involving Lebanon's central bank was ongoing, but refrained from further comment.
04/14/2021
Cayman Islands: the new ground zero for US hedge funds engaging in share appraisal litigation
The rights afforded to so-called dissenting shareholders, being those shareholders who have dissented from a take-private merger or consolidation and therefore rejected the price offered to them for their shares, has in recent years been subject to consid