06/06/2019
The fallout from Maddoff continues; claw back of redemption proceeds
This was another line of cases in the ongoing fallout of the collapse of Bernie Madoff’s Ponzi scheme in 2008.
Legal
06/06/2019
Former Kaupthing Luxembourg CEO Gets ECHR Justification
The four bankers claim that the Supreme Court in Iceland had not been impartial on account of the positions held by family members of one of its judges and that they had not been granted access to all of the prosecutor’s documentation.
06/05/2019
Cayman Islands: Significant Changes To Cayman Islands Trusts Law
The changes, brought about as a result of a report by the Cayman Islands Law Reform Commission on Cayman's trusts law, have the support of Cayman's Judiciary and Cayman's STEP branch.
06/05/2019
Carey Olsen advises AnaCap on acquisition
The financial details for this arrangement were not disclosed.
06/05/2019
Appleby Advises Xinyi Energy
The Appleby team was led by Co-Managing Partner and Local Corporate Group Head Judy Lee and Partner Chris Cheng, supported by Associate Huiyan Liew and Legal Executive Connie Wu.
06/04/2019
Economic Substance compliance deadlines draw closer in Bermuda, the British Virgin Islands and the Cayman Islands
The regime became applicable immediately to new registered entities incorporated or registered after that date.
06/04/2019
Ogier acts for Tarsus Group in £561 million takeover bid
The transaction, which is to be carried out by way of a Jersey Scheme of Arrangement, is expected to complete in Q3 2019, following sanction by Jersey's Royal Court.
06/04/2019
Five at Mourant named in 'Top 35 Under 35' private client advisors
The ePrivateclient Top 35 Under 35 list is considered the 'definitive list of young private client practitioners', with those working in the legal, accountancy, trust and residential property investment industries all eligible for nomination.
06/04/2019
Jersey recovers $267m from corrupt former Nigerian president
The sum will be held in Jersey while an asset-sharing agreement is struck between the USA, Nigeria and the Island.
06/04/2019
Malta: The Companies Act (Audit Exemption) Regulations, 2019
The Registrar then informs the Commissioner of any application made in terms of these regulations
06/04/2019
Carey Olsen advises Sandpiper on TISE listing
SandpiperCI has also entered TISE’s Channel Islands market segment, which is dedicated to trading companies operating from Guernsey or Jersey which issue equity that is listed on the Exchange.
06/03/2019
Who's who Legal Awards
Celebrating the World’s Leading Lawyers
06/03/2019
In the Matter of A Trust
The Judgment also provides useful guidance for both trustees and beneficiaries who are seeking to negotiate proposals for the distribution of assets held in discretionary trusts, which are likely to be the subject of Court blessing applications.
06/03/2019
Swiss bank accounts: Notices to Indian clients continue; Potluri Rajamohan Rao latest
The latest such notice was issued to one Potluri Rajamohan Rao on May 28, asking him to file an appeal, if any, within ten days in connection with the 'administrative assistance' sought by the Indian authorities
06/03/2019
The economic substance requirements for Jersey fund managers
Fund managers are in scope of the law where they have gross income in relation to their fund management activities. Fund vehicles themselves are outside the scope of the Law.
06/03/2019
Aztec Group and Carey Olsen support Inflexion with £1bn double fundraise
The funds will invest across all sectors and each investee company will have access to Inflexion’s extensive resources spanning digital enhancement, international expansion, acquisition support, operational improvement and talent management.
06/03/2019
Six Carey Olsen lawyers named as 'Top 35 Under 35' private client advisers
A champagne reception to honour the 35 men and 35 women who have been recognised by eprivateclient will be held in Jersey on Tuesday 18 June.
06/03/2019
Inter-generational wealth transfer in the Millennial age
The role of their advisers is to understand the extent of the estate, where all the assets are, and any complexities or unusual arrangements.
06/03/2019
Money Laundering: Jay Jay Okocha Dragged To Court In Scotland 3 Months After Alleged Tax Fraud In Lagos
The Nigerian footballer who appeared in private at Aberdeen Sheriff Court on Friday, faced two charges in thegujma behind-closed-doors hearing.
06/03/2019
Appleby Nominated for Offshore Law Firm of the Year
Appleby have acted in a number of landmark and high profile decisions over the past year in their courts