11/07/2019
Carey Olsen lawyers lead the way in data protection expertise in the Channel Islands
The introduction of the General Data Protection Regulation in May 2018 has led to an increase in both business
Legal
11/07/2019
UK Supreme Court upholds first successful claim for breach of the "Quincecare" duty financial institutions owe their customers
As the Supreme Court noted, "very extensive powers were delegated to Mr Al Sanea to take decisions on behalf of the company, including signing powers over the company's bank accounts."
11/06/2019
UK Supreme Court holds testamentary charitable gifts to Jersey were entitled to inheritance tax relief
The Supreme Court’s judgment provides helpful clarification for individuals in the UK who have made testamentary gifts to charities in Jersey by confirming that IHT relief applies.
11/05/2019
Carey Olsen advises Permira on €11 billion buy-out fund
Tom said: "Carey Olsen has been privileged to work with Permira on the establishment of its Guernsey fund structures for some time and it was pleasing to see Permira VII prove to be yet another hugely successful fundraise for the firm."
11/05/2019
Court Sanctions: Distribution Of Funds From A Liquidation Estate That Remains Subject To An Unresolved Proprietary Claim
The Applications were made ten years after SICL had been placed into liquidation.
11/05/2019
Deadline Nears for Filings with the Central Register of Beneficial Ownership
As a further step in the roll out of the beneficial ownership regime for corporate bodies, the Central Register of Beneficial Ownership of Companies and Industrial and Provident Societies has been launched by the Companies Registration Office.
11/05/2019
Collas Crill explains...financial records and statements for Jersey companies
Jersey is a popular place to establish an asset holding company because the Law is modern, flexible and modelled on English companies legislation.
11/04/2019
Court thwarts bid to stop Satabank €1.5m release to 'dirty oil' suspect
Oil-smuggling suspect Gordon Debono has offshore companies with an account at Satabank, the monies of which have been frozen since the bank went under controllership
11/04/2019
The Licensing and Regulation of Banks and Trust Companies in the Cayman Islands
Before proceeding with the incorporation of a bank or trust company in Cayman, clients are advised to consult their tax, legal and other professional advisers in their respective jurisdictions.
11/01/2019
Initial enforcement of the Cayman Islands data protection regime
The Cayman Islands Office of the Ombudsman is the supervisory authority for data protection related matters and is responsible for enforcement of the Data Protection Law.
11/01/2019
What To Expect From The New Wage Commision
It is possible that, in contrast to the minimum wage rate, the living wage rate could vary between different categories of employee and in different circumstances.
11/01/2019
OECD releases guidance on the spontaneous exchange by no or only nominal tax jurisdictions
This information will allow the tax authorities of these jurisdictions to assess the substance and the activities of the entities resident in no or only nominal tax jurisdictions.
11/01/2019
Investigation: UK accounting firms tied to alleged Kolomoisky fraud
And that may become a problem for Ukrainian billionaire oligarchs Ihor Kolomoisky and Hennadiy Boholyubov, who face a London civil suit alleging they used fake purchasing agreements and fraudulent loans to embezzle $1.72 billion from Ukraine into offshore
10/31/2019
Carey Olsen wins Deal of the Year as it enjoys double success at The Deal's European awards
The Carey Olsen team was led by Jersey partner Guy Coltman, with partner Andreas Kistler leading on elements of the transaction involving the Jersey Royal Court.
10/31/2019
A Timely Reminder To Professional Trustees Of Their Duties- A Caribbean Perspective
Collas Crill can assist with any queries related to new or existing trust structures, whether in the BVI or the Cayman Islands.
10/31/2019
Supreme Court upholds first successful claim for breach of the so-called "Quincecare" duty of care
The Supreme Court's judgment in this case follows hot on the heels of the Court of Appeal's refusal to strike out a Quincecare duty claim in JPMorgan Chase Bank
10/31/2019
Maples Awarded for Groundbreaking Deal
Maples and Calder advised on a total of 7 deals which were nominated for this year’s awards
10/31/2019
Ogier advises on tech investment in Guernsey
An Ogier team led by Group Partner Tim Clipstone advised on the corporate law elements of the transaction.
10/31/2019
Keep Calm and Be a (Black) Swan – Standalone injunctive relief
The BVI Court is well known to be solution driven and in 2010 in the case of Black Swan Investment ISA v Harvest View Limited BVIHC (Com) 2009/399, resolved this problem.
10/31/2019
Fiona Chan To Discuss Economic Substance At The Asian Wealth Solutions Forum 2019 In Singapore
She is also a member of Appleby´s Global Technology & Innovation Group and Economic Substance focus group.