08/19/2020
There’s no place to wind-up like home
The judge opined that this approach is consistent with principle.
Legal
08/19/2020
Commercial Partner, Christel Sands-Feaste, featured in Opalesque Roundtable (2020)
Christel shares her insight as to the jurisdiction’s current status post Dorian, discusses the work that has been done to refine the substance legislation and advises regarding the potential growth for The Bahamas moving forward
08/19/2020
Provisional Liquidation – A Neglected Tool in the Bahamian Insolvency Toolbox
Bahamian companies in financial distress and their directors would do well to avail themselves of this far too neglected insolvency tool.
08/18/2020
Cayman Islands Court of Appeal enforces foreign arbitral award in favour of Brazilian airline
The Court of Appeal has now held that the award debtors and respondents to the appeal are estopped from challenging enforcement of the award by virtue of Brazilian court decisions, in which the various challenges had already been raised and dismissed.
08/18/2020
Cayman costs ruling a word of warning to "friendly creditors"
The petitioner argued that as the debt was not disputed when the petition was brought, and has since been paid, it was successful and the usual costs order should follow.
08/18/2020
Harneys associate named Director of Women’s Offshore Network in the British Virgin Islands Sarah Bolt Sarah Bolt Sarah Bolt
She was appointed Director of WON at the organisation’s AGM on 23 July 2020
08/18/2020
Ogier advises APG Asset Management on purchase of stake in premium shopping outlet operator
The sale of VIA is subject to Hammerson shareholder approval and it is anticipated that the sale will complete in the fourth quarter of 2020.
08/14/2020
How the Cayman Islands Courts Can Assist Parties in Foreign Proceedings
Upon request of a foreign court or tribunal, the Grand Court may order that evidence be taken in the Cayman Islands
08/14/2020
Walkers Commits to Jersey IoD Diversity and Inclusion 2020 Vision Statement
The firm has recently established a Channel Islands Diversity and Inclusion Committee chaired by partner Alexandra Corner
08/14/2020
Bedell Cristin recognised as top offshore law firm by eprivateclient for third year running
This year’s ranking is the first time that eprivateclient has separately recognised firms that operate across multiple jurisdictions and those that work from a single jurisdiction, with Bedell Cristin firmly ranked in the Top Tier of the multiple ju
08/14/2020
Maples Group Recognised in 2020 Finance Dublin Awards
The law firm received awards in both the Loans & Financing and Innovative Financing categories
08/12/2020
Carey Olsen launches new Bermuda corporate services offering
Carey Olsen Services Bermuda specialises in the complete range of corporate administration and compliance services
08/12/2020
UCITS can no longer invest in loans
This new position is the result of a detailed eligibility assessment of loans by the CSSF, and reflects discussions held at ESMA level as well as the regulatory practices of other EU Member States.
08/12/2020
Ogier advises Kismet Acquisition One Corp
The Ogier team was led by partner Michael Killourhy and included senior associate David Mathews.
08/12/2020
Bedell Cristin advises Atlantic Leaf on its £152m acquisition by Jersey scheme of arrangement
The scheme became effective on 4 August 2020 and the acquisition is expected to complete on 17 August 2020.
08/11/2020
Dirty money law to give State power to seize luxury assets without criminal conviction
Law will empower Asset Recovery Bureau to confiscate assets acquired through criminal means without criminal conviction
08/11/2020
Extra-territorial scope of the Cayman Islands Fraudulent Dispositions Law
The FDL provides that dispositions of property made with an intent to defraud and at an undervalue are voidable on the application of a prejudiced creditor.
08/11/2020
Protection from predatory creditor actions in the BVI: the imposition of a “moratorium” in all but name
The terms of the joint provisional liquidators’ appointment mean that they will supervise the ongoing management of the companies by the existing boards of directors
08/10/2020
Offshore Business Update-Issue 20
As a global firm, at Appleby we believe we have a fundamental responsibility to do whatever we can to help our clients – and the business community at large – stay updated on the implications of the pandemic for the continuation of business of
08/10/2020
UK Supreme Court offers lessons for landlords of multi-tenanted buildings in Cayman
The building had been converted from two mid-terrace houses into nine flats.