Managers of Wealth Offshore

Grand Court opening: Chief justice laments court constraints

Smellie flags chronic shortage of criminal defence attorneys

Banks' (Quince) care duty to customers revisited

Unfortunately for banks there is little guidance on how far they need to go in protecting their customers' interests.

2020 heralds new insolvency law changes for Guernsey

The new changes are to be welcomed and have shown that Guernsey is a modern progressive jurisdiction

Why a will matters: Bahamian estate administration basics

In order to obtain the Grant of Probate, the executor is required to make an application submitting the original will to the Probate Registry of the Supreme Court.

Appleby Shortlisted as 'International Law Firm of the Year' in the Citywealth Magic Circle Awards 2020

In addition Hong Kong Counsel Vincent Chan has been nominated as Lawyer of the Year.

Delaware Courts lean towards market-based valuation approaches

The Judges recognised that legitimate debates over the inputs in a DCF valuation can undercut the reliability of that DCF model.

Clear, Fair and Sufficient Explanatory Statement of a Scheme of Arrangement

The Court noted the requirement under section 897(2) that the ES must “explain the effect of the compromise or arrangement”

Maples' Lawyers Lead in 2020 Legal 500 Caribbean Guide

Throughout the guide, clients endorsed the firm as a "market leader and market-setting firm in the Cayman Islands

Luxembourg’s financial crime watchdog bemoans lack of firepower

The fight against money laundering and the financing of terrorism is constantly evolving.

Walkers acts as Bermuda Counsel on Mergon Group Acquisition

Elysian’s investment will enable Mergon to embark on an ambitious expansion of 50% growth in the next three years, particularly in the automotive sector in China.

Netflix accused of funnelling £330million profits 'into tax havens'

EXCLUSIVE: Think-tank TaxWatch claims 'Netflix’s corporate structure is designed to avoid taxes' as money paid by the streaming service’s 10 million UK subscribers goes to the Netherlands

Recent tax cases may impact offshore structures

The Supreme Court agreed with the executors, and Mrs Coulter’s UK assets settled into the charitable trust were therefore treated as exempt from UK inheritance tax.

Cayman Islands: Government Proposes Changes To Cayman Islands Funds Regime

The Cayman Islands Monetary Authority was also consulted by the Ministry of Financial Services as part of the process.

Jersey's Royal Court declares trustee's exercise of power void

This case highlights the importance that trustees obtain detailed legal and tax advice when considering a restructuring of assets held in trust

Guernsey legal and regulatory update

An overview of Guernsey legislative and regulatory developments - 1 October 2019 to 10 January 2020

English Court of Appeal defines the limits of a trustee’s indemnity

The decision is indicative of the limitations that may be applied to trustee indemnities in offshore jurisdictions

Caribbean Legal Update – Appeal Decisions by The Judicial Committee of the Privy Council in London

The courts can also make orders to put the company back in the position it would have been in had the payments not been made.

Cayman Islands Mutual Funds (Amendment) Bill, 2020

The Bill, reflecting the Cayman Islands' commitment as a co-operative jurisdiction, is responsive to EU and other international recommendations and covers similar ground to existing or proposed legislation in a number of other jurisdictions.

Cayman Islands Private Funds Bill, 2020

On 8 January 2020, the Cayman Islands Government published a draft Private Funds Bill, 2020 which provides for the registration of closed-ended funds with the Cayman Islands Monetary Authority.

The Court of Appeal confirms that BVI liquidators can turn back time

There were no liquid assets in the liquidation estate