Managers of Wealth Offshore

The Guernsey Quarterly Trust Update

We start by reviewing the Royal Court of Jersey's decision on a case, whereby a blessing application was made by a trustee who wanted to sell the sole asset of a trust in order to satisfy creditors

Legal frontiers in the Caymans

The first in our new legal frontiers series explores the considerable opportunities available to companies that utilise offshore structures in the Cayman Islands.

Restructuring & Insolvency: Cayman Islands

All companies that are formed and registered under the Companies Law and the Limited Liability Companies Law, or that existed under Cayman Islands law prior to the original enactment of the Companies Law, may be susceptible to customary insolvency proceed

Update on Bermuda private trust companies

The conditions that Bermuda's privately funded charities must satisfy to be exempt from the requirement to register as a Bermuda charity

Investment funds: why choose Guernsey?

Simplicity is also key

Mourant advises Aedifica on £450m property portfolio acquisition

The deal marks Aedifica’s entry into the UK market, making it the fourth country in its portfolio.

All You Need to Know About the Global Legal Services

The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Q&A – Substance legislation: scope, tests and sanctions - Ogier

In most jurisdictions, the rules only apply directly to companies

Appleby launches Appleby Global Services

There is a growing demand for these services and we have the skills to provide them.

Cause for optimism in Guernsey house price index

Advocate Baudains said: "We need to be cautious when reviewing any particular figure in isolation, but there are other indicators that the property market improved towards the end of last year.

Clive Palmer’s private jet registered in Cayman Islands

Sources associated with Mr Palmer told 7NEWS he is registered in the Cayman Islands for tax benefits and cheaper operational and maintenance costs.

Number of debt judgments in Jersey falls but value rises

During 2018, the average value of judgments increased 41% to £5,370. The total value of all judgments rose 22% from £6.6 million to £8 million.

Asset protection trusts – why the recent interest? - Ogier

To this end a trust is a tripartite relationship between trustee, property and beneficiary

Cayman to introduce changes to its trust law this year

Last year, government passed a bill that provided the industry with greater certainty and clarity with regard to wills in cases where a testator dies outside of the Cayman Islands.

In the Courts: Fund Disputes

First published as part of In the Courts 2018.

BVI High Court Appoints "Light Touch" RPLS in a First for the Jurisdiction

As the RPL procedure is usually one of debtor-in-possession, the directors will ordinarily remain in day to day control of the company, subject to the supervision and input of the RPLs.

Grand Court: Cayman fund directors did not scheme to violate sanctions

The case stems from former Libya dictator Muammar Gaddafi being overthrown and killed by Western-backed rebels in that country in 2011.

Govt to hunt tax evading Pakistanis in Russia, Turkey

One of the important decisions was to immediately establish contacts with Russian and Turkish tax authorities to get information about Pakistanis who have assets in these two foreign jurisdictions.

Under new agreement, Indonesia can track ill-gotten wealth in Switzerland

Under the MLA, it opens up the possibility [for Indonesia] to seek help in tracking wealth, determining the amount and repatriating it to Indonesia.

Review of 2018 Offshore Fund Disputes

Appleby’s review of offshore court cases across all subject areas can be found in our annual publication ‘In The Courts’.