12/25/2017
Luxembourg Corporate – publication of the renumbered law
The Regulation also updates certain European legislative references embedded in the Law.
Legal
12/25/2017
Rogue Banker Living In Luxury After Admitting To Stealing Millions
Gaglio's confession in January 2013 came after Hottinger & Partner's parent company, Swiss bank Hottinger & Cie, fell into bankruptcy
12/21/2017
Third party litigation funding in the Cayman Islands: A shift in policy
This was a case involving a large multinational seeking to take advantage of funding for other commercial reasons.
12/21/2017
Limited Partnership Act (British Virgin Islands) Enacted
Once the LPA comes into force, no new limited partnerships may be formed under the Partnership Act.
12/20/2017
Maltese law firm confirms Erdoğan company offshore bank account
Shipping firm owned by Turkish leader’s brother-in-law opened account in Malta
12/20/2017
Brazil charges Swiss bank manager with laundering bribe money
They said Suarez concealed the illegal financial operation with false information given to the bank’s compliance office.
12/19/2017
Offshore firm at centre of Paradise Papers expose suing The Guardian, BBC
It has sought damages for the disclosure of what it said were confidential legal documents
12/19/2017
Expat football mogul case shows limits of HMRC power
A football entrepreneur and Dubai resident, who rejected HM Revenue & Customs demands for information, has won a court case against the UK taxman
12/19/2017
Fugitive in Malta Falcon Funds pension bust arrested in London
Mystery trader Emil Amir Ingmanson was arrested in connection with investigations into Falcon Funds, which was once run from Malta
12/19/2017
Limited Partnership Act (British Virgin Islands) Enacted
The LPA is innovative and we believe will be highly attractive to funds, particularly private equity funds.
12/18/2017
Imran free of Panama-like suspicion, rules SC judge
It said that non-disclosure of unspent salary income from Capital FZE, which had been accumulating for a period of time, was treated as concealment of asset in the Panama Papers case
12/18/2017
Preparatory audit of data for GDPR
You will be able to start to identify what has to change to enable you to comply with the GDPR
12/18/2017
Reform of wills in England and Wales increases pressure in Jersey, says Ogier counsel
Jersey law on wills of immovable estate in particular dates back more than 150 years
12/15/2017
Mourant Ozannes advises on takeover
We are proud to have advised LabTech and worked alongside onshore counsel Berwin Leighton Paisner LLP".
12/15/2017
Gibraltar: Distributed Ledger Technology Regulatory Framework (DLT framework)
Firms seeking to apply are encouraged to speak to one of the local advisors as soon as possible.
12/15/2017
Carey Olsen and JTC advise on Jersey ICO
Against a very tight timetable, the Jersey regulator adopted a sensible and risk-based approach
12/14/2017
Private investments in Cyprus – a bright future
This has restored Cyprus's reputation among private investors as an investment hub that offers a vast array of opportunities.
12/14/2017
Ogier Jersey and BVI teams advise on £95.5 million Bristol real estate deal
The investors are advised by Knight Frank Investment Management, and Ogier worked with lead counsel Ashurst.
12/14/2017
Primeo v HSBC: Grand Court dismisses US$2 billion claim by Madoff feeder fund
The claim was brought by the liquidators of Primeo
12/12/2017
Tax firm negligent for not warning about risks of avoidance scheme
Barker argued that a reasonably careful firm, with the expertise it claimed to have, should have warned him of the risks associated with the scheme and the chance that his family members would be excluded from the benefits.