Managers of Wealth Offshore

Ireland Update – Investment Limited Partnerships (Amendment) Act 2020 Update

The majority of the provisions of the Act will be commenced on 1 February 2021.

Cayman DITC Portal Open for Economic Substance Filings

The DITC advises that Outsource Service Providers register on the DITC Portal as soon as possible

A Perfect and Timely New Year’s Gift from the BVI: Restoration of the Black Swan Jurisdiction

This will be of great practical benefit to parties and their litigation attorneys throughout Asia.

Momentous Changes Coming Soon to Sark Property Law

As such, the changes are likely to attract more newcomers to the island, which has remained untouched by the COVID-19 pandemic, and shows that Sark is very much open for business.

ESG for APAC asset managers - navigating climate-related financial risks

For the full webinar recording and slides please get in touch with the Ogier Global ESG team, whose contacts can be found on the right.

BVI Norwich Pharmacal relief: an international problem now addressed by statut

The policy of the Act is therefore consistent with the policy of the Commercial Court in assisting foreign courts.

Worldwide Enforcement Effort Allows Jersey Royal Court to Hand Down Landmark Judgement on the Use of Court-Appointed Receiverships

Advocate Sam Williams, a Group Partner in Collas Crill's Jersey office, brought the novel successful application to appoint the Receivers.

Walkers acts in Kenya energy deal

Due to the success of the structure, Norfund the Norwegian Investment Fund for Developing Countries have agreed to become a co-senior lender and to provide BLK1 with USD 15 million of additional senior debt which will enable the expansion of the receivabl

BVI Company Law Series - Mergers

Mergers can be an attractive option when structuring deals and are by far the most common method for effecting a takeover of a publicly listed BVI company.

Walkers London Acts as BVI Counsel on OML-17 Acquisition

Described as 'one of the largest and most prominent Oil and Gas deals in Africa for more than a decade', a group of global and regional banks and investors provided US$1.1 billion across the different layers of the capital structure.

Former Bermuda premier Ewart Brown faces 13 corruption charges

The offences allegedly took place between 2001 and 2010

Money-laundering in diamond sector: Major trial starts today

One way the traffic works: a diamond dealer takes the profits from diamond sales, and instead of declaring them for tax reasons, transfers the money to an offshore bank account via a number of steps, each intended to muddy the trail.

Carey Olsen supports Appian Capital on US$775 million launch of second mining fund

Fund II, which has been established as a Jersey Expert Fund, was oversubscribed and reached its hard cap of US$775 million following strong support from both new and existing Tier 1 investors globally.

Cayman Islands Set to Introduce the Private Funding of Legal Services Act (2020)

The law in relation to litigation funding agreements with respect to civil and commercial litigation in the Cayman Islands is set to change dramatically, with the introduction of the Private Funding of Legal Services Act, 2020 (Act).

Appleby Bermuda Advised Integral ILS

This is the second cornerstone investment Appleby has advised Integral on.

Legal 500 recognition for Carey Olsen in Asia

A leading directory for the legal industry, Legal 500 grades law firms following a thorough and independent research process, which includes interviews with clients and peers as well as information provided by the firms themselves.

"Judgment laundering" doesn’t wash with the English Court of Appeal

While the Cayman Islands judgment was within the literal definition of the term “judgment” in the 1920 Act, Lord Justice Males preferred a more purposive construction.

Private Funding of Legal Services Act 2020: Codification and Clarity in Cayman

The Act seeks to modernise and codify the litigation funding process to reflect changes already enacted in the United Kingdom, United States and other onshore jurisdictions.

BVI Court Rejects "Improper Purpose" Argument in an Application to Set Aside a Statutory Demand

The applicant argued that the same considerations apply to setting aside a statutory demand to the Court's ability to refuse to appoint a liquidator where the appointment is not made for a proper purpose.

Carey Olsen advises Montana Capital Partners on its fifth secondary fund

Carey Olsen partner Chris Griffin led the team, advising on the Jersey aspects of the fund's launch, assisted by senior associate Sarah Townsend and associate Luke Costello.