08/14/2019
Harneys Cyprus advises on US$300 million sale of global depository receipts
Harneys Partner Nancy Erotocritou led the team with assistance from Senior Associate Valentina Hadjisoteriou and Associate Elina Mantrali.
Legal
08/14/2019
Another case study in pragmatism by the Jersey court in assisting liquidators in the conduct of the winding up of a Jersey company
Directions were sought from the Royal Court to allow the assets to be appointed to Her Majesty's Receiver General (HMRG) in order to facilitate an orderly winding-up and dissolution of AMJE.
08/14/2019
The Bahamas Investment Fund Act – Opalesque 2019 Bahamas Roundtable
The New Act seeks to address our international obligations, improve existing products that Brian mentioned earlier whilst maintaining a robust regulatory framework with the same degree of flexibility to take account of the different investment fund produc
08/13/2019
Corporate and funds specialist returns to Carey Olsen in Singapore
He has also advised upon significant and high value transactions, including court-sanctioned schemes of arrangement, group restructures and migrations. He advises a wide range of fund managers across Asia and Europe.
08/13/2019
Bermuda Introduces New Classes of Insurer
The Act is the result of the Bermuda Monetary Authority’s consultation paper “New Insurers and Insurance Market Place” that was launched on 14 May 2019.
08/13/2019
Ogier advises on $889 million acquisition of AIM traded payment services company
Ogier has built a substantial track record advising on the largest M&A deals to be effected by scheme of arrangement in the Channel Islands
08/13/2019
Channel Islands Property Fund’s Acquisition of Royal Bank Place
Collas Crill has assisted The Channel Islands Property Fund Limited with a team including Tristan Ozanne, Paul Wilkes, Michael Lyner (Finance), Gareth Morgan, Wayne Atkinson (Corporate) and Paul Nettleship (Property).
08/13/2019
Carey Olsen shortlisted for two offshore awards in Asia
Winners of the China Law & Practice Awards will be announced at a ceremony at Kerry Hotel Beijing on Thursday 19 September
08/12/2019
The Cayman Standard: Directions in Fair Value Proceedings
Update prepared by Christopher Harlowe (Partner, Cayman Islands) and Jessica Vickers (Senior Associate, Cayman Islands)
08/12/2019
Ogier restructuring and insolvency specialist Marc Kish named Fellow of INSOL International
Marc regularly acts in the major restructuring and insolvency cases in the Cayman Islands, advising office holders and investors as to the role and function of liquidation and creditor committees and the interaction of Cayman and foreign insolvency procee
08/12/2019
In Your Court: Offshore Dispute Resolution Review - July 2019
The good news doesn't stop there - we are pleased to announce the promotions of Grant Carroll to partner in our BVI team, the promotion of James Angus to managing associate in our Jersey team, the promotion of Edwin Gomez to senior associate in our H
08/12/2019
Ireland - Update – Beneficial Ownership Reporting Commences
The launch of the Central Register had been delayed to allow for some clarifications regarding the legality of the submission of PPS numbers to the Central Register to verify the identity of the beneficial owners of Relevant Entities.
08/12/2019
Standard Bank fined £20,000 for ‘intermeddling’
The situation arose due to unfortunate decisions of a limited number of staff to not follow procedure
08/12/2019
Baha Mar Receivers ‘Secretly Gave Sarkis’ Papers To Chinese’
Mr Izmirlian and his BML Properties vehicle, in their August 9 letter, claimed that the hand over of “patently privileged” legal opinions occurred just one day before the Bahamian Supreme Court heard arguments over CCA’s bid to gain acce
08/09/2019
Appleby Hong Kong Shortlisted in Five Categories
Appleby also received a nomination in the Equity market deal of the year category f
08/09/2019
Royal Court Reverses Employment Tribunal in First Review of Case Management Powers
This suggests that a number of employers have been prevented from defending claims, but need not have been.
08/09/2019
Summary of Economic Substance Requirements in Bermuda, The British Virgin Islands and The Cayman Islands
New laws and regulations (Substance Regulations) have been adopted in each jurisdiction in response to concerns expressed by the Council of the European Union about the absence of clear general legal substance requirements for entities doing business in a
08/09/2019
Weavering - Cayman Islands Clawbacks and Investor Certainty
At its heart Weavering was a battle of conflicting public policy objectives.
08/08/2019
Carey Olsen advises Ulster Bank
Silver Stream is one of the largest independent providers of residential care for older people in Ireland
08/08/2019
Weavering through unlawful preference provisions in the Cayman Islands
SEB had subscribed for shares in the Company as nominee for two underlying investors and had given two separate notices of redemption for its shares in October 2008.