Managers of Wealth Offshore

Mourant shortlisted for Offshore Firm of the Year at Chambers Asia-Pacific Awards

Mourant is highly regarded as one of the most dynamic offshore legal practices in Asia

M&A Deals Involving Trust and Company Services Providers – an Offshore Perspective

These transactions also involve lengthy and detailed due diligence exercises in respect of the client books which are essentially the real asset that is being bought and sold.

Police investigate "several" Latvian non-resident banks

Police have conducted investigations at various Latvian banks associated with the non-resident banking sector, according to unofficial information reported by Latvian Television (LTV) January 29.

Carey Olsen's Russell Clark named Crown Dependencies lawyer of the year for second consecutive time

Russell, who also heads up the trusts and private wealth practice in Guernsey, was shortlisted for the 2020 award alongside nine other private wealth lawyers from Guernsey, Jersey and the Isle of Man.

Prevention of Money Laundering and Terrorist Financing: Identity of beneficial owners

Professionals should keep records of all actions taken to identify the UBOs under point (i), (ii) or (iii) and they should be ready, when requested, to justify the measures they have taken.

Croatia, Unreal Estate

An investigation by OCCRP reveals a strange round of money between Russia and Croatia, made of purchases fictitious real estate and offshore companies

Revisiting And Resisting Freezing Orders

As a preliminary point, it is worth noting that freezing orders have two subcategories.

Transfer for TCU investigator whose spouse had secret BVI company

The Tax Compliance Unit was forced to transfer one of its employees out of its investigations department, after the Panama Papers revealed the employee’s spouse was the shareholder in a British Virgin Islands-registered company

Victory for Shanda Games in Privy Council minority discount appeal

The first instance Judge in Shanda Games had held that a minority discount should not be applied to the fair value determination.

Deutsche Bank’s Payments to Saudi Royal Adviser Under Scrutiny: F T

Following the conclusion of the internal investigation, six employees involved with the Saudi payments left the bank

Bermuda Employment Immigration Legal Developments

A number of confirmed changes to employment and immigration law in Bermuda are due to come into force in the year ahead, with further potential changes anticipated.

Ogier advises care home provider on acquisition and development finance deal

The Ogier team were lead counsel and assisted with all aspects of the transaction, leading negotiations for LV with the other law firms

Mauritius Court Accepts Appleby's Proposition in Landmark Decision

The Court accepted Appleby’s proposition that an Order authorising the “saisie revendication”

Continued Legal 500 recognition for Mourant in Asia

Legal 500 notes that the team provides a "commercial and responsive" service across a broad spectrum of matters and service areas.

BVI Commercial Court confirms jurisdiction to sanction pooling across multiple liquidations

Drawing comfort from that, and from the fact that similar orders have been made in Jersey and the Cayman Islands, the Judge was content to make an order sanctioning the pooling arrangement.

Antecedent Transactions Onshore and Offshore Updates

The seminar was chaired by a member of the HKICPA's Restructuring and Insolvency Faculty Executive Committee

Jailed US doctor used Jersey to dodge tax

Also transferring money to Colombia and creating a bogus church

Ogier advises on £40 million sale of Northern Ireland retail park

The Ogier team advising on the Jersey legal aspects of the deal comprised partner Raulin Amy, managing associate Marie-Claire Fudge and associate Chloe Watson-Hill.

Offshore firm hit with $244,000 fine for unregistered trading

The ASC gratefully acknowledges the assistance of the British Virgin Islands Financial Services Commission in this matter.

5 reasons why Luanda Leaks is bigger than Angola

ICIJ uncovered a web of more than 400 companies and subsidiaries in 41 countries linked to Isabel dos Santos or her husband, Sindika Dokolo, including 94 in offshore havens like Malta, Mauritius and Hong Kong.