08/16/2019
Trial Date Set for US Panama Papers Case
U.S. prosecutors filed charges against four men in late 2018 – two former Mossack Fonseca employees, a Boston-based accountant, and a former U.S. taxpayer.
Legal
08/16/2019
Walkers Acts on Inaugural GAEL Fund
Walkers Cayman Islands was led by partner James Burch
08/15/2019
Appleby Sponsors Compliance & Economic Crime Symposiums in Jersey
The 15th annual Compliance & Economic Crime Symposium is taking place in Jersey on the 5 November 2019 at the Radisson Blu Waterfront Hotel.
08/15/2019
Bank Records Link President of Cyprus to ‘Troika Laundromat’
Two of those shells — Batherm Ventures Ltd. and Matias Co Ltd. — appear to be deeply entwined with the Troika Laundromat
08/15/2019
Court of Appeal: Financial Loss Claims Statute Barred
Given the above findings, Mr. Justice Haughton found that it was unnecessary to determine whether the investors were entitled to rely on an allegation of fraud in relation to the alleged non-disclosure of the LTV covenants, which would have the effect of
08/14/2019
Sexual discrimination and beyond – what is the future for Guernsey's discrimination laws?
The Tribunal noted that the abusive comments alleged would have had significant weight towards Ms Mollet's case for both sexual discrimination and constructive unfair dismissal; however, they could not find sufficient evidence to prove that such comm
08/14/2019
Court Refuses to Thaw Banks's Decision to Freeze
The decision serves to remind financial institutions of the importance of the terms and conditions that they have in place with their clients
08/14/2019
BVI Court provides welcome clarification on appointing receivers
The appeal arose out of a dispute between beneficiaries of the estate of a deceased Russian businessman and subsequent wide ranging litigation in Russia and Switzerland.
08/14/2019
Damages for wrongful dismissal in the Royal Court of Jersey
The judgment, Alwitry v The States Employment Board, potentially has very significant implications for Jersey employers – although it should be noted that it is currently being appealed.
08/14/2019
Harneys Cyprus advises on US$300 million sale of global depository receipts
Harneys Partner Nancy Erotocritou led the team with assistance from Senior Associate Valentina Hadjisoteriou and Associate Elina Mantrali.
08/14/2019
Another case study in pragmatism by the Jersey court in assisting liquidators in the conduct of the winding up of a Jersey company
Directions were sought from the Royal Court to allow the assets to be appointed to Her Majesty's Receiver General (HMRG) in order to facilitate an orderly winding-up and dissolution of AMJE.
08/14/2019
The Bahamas Investment Fund Act – Opalesque 2019 Bahamas Roundtable
The New Act seeks to address our international obligations, improve existing products that Brian mentioned earlier whilst maintaining a robust regulatory framework with the same degree of flexibility to take account of the different investment fund produc
08/13/2019
Corporate and funds specialist returns to Carey Olsen in Singapore
He has also advised upon significant and high value transactions, including court-sanctioned schemes of arrangement, group restructures and migrations. He advises a wide range of fund managers across Asia and Europe.
08/13/2019
Bermuda Introduces New Classes of Insurer
The Act is the result of the Bermuda Monetary Authority’s consultation paper “New Insurers and Insurance Market Place” that was launched on 14 May 2019.
08/13/2019
Ogier advises on $889 million acquisition of AIM traded payment services company
Ogier has built a substantial track record advising on the largest M&A deals to be effected by scheme of arrangement in the Channel Islands
08/13/2019
Channel Islands Property Fund’s Acquisition of Royal Bank Place
Collas Crill has assisted The Channel Islands Property Fund Limited with a team including Tristan Ozanne, Paul Wilkes, Michael Lyner (Finance), Gareth Morgan, Wayne Atkinson (Corporate) and Paul Nettleship (Property).
08/13/2019
Carey Olsen shortlisted for two offshore awards in Asia
Winners of the China Law & Practice Awards will be announced at a ceremony at Kerry Hotel Beijing on Thursday 19 September
08/12/2019
The Cayman Standard: Directions in Fair Value Proceedings
Update prepared by Christopher Harlowe (Partner, Cayman Islands) and Jessica Vickers (Senior Associate, Cayman Islands)
08/12/2019
Ogier restructuring and insolvency specialist Marc Kish named Fellow of INSOL International
Marc regularly acts in the major restructuring and insolvency cases in the Cayman Islands, advising office holders and investors as to the role and function of liquidation and creditor committees and the interaction of Cayman and foreign insolvency procee
08/12/2019
In Your Court: Offshore Dispute Resolution Review - July 2019
The good news doesn't stop there - we are pleased to announce the promotions of Grant Carroll to partner in our BVI team, the promotion of James Angus to managing associate in our Jersey team, the promotion of Edwin Gomez to senior associate in our H