12/17/2015
The application related to the interests of the deceased in a BVI company called Five Star. Five Star held a substantial number of shares in Paladin, a listed Hong Kong company, which in turn owned a valuable property on the Peak (Peak Property).
12/17/2015
Richard Fagan, a director in Volaw’s Wealth Structuring Group, looks at the rise in popularity of family offices, and the services that Volaw can provide to them.
12/16/2015
Common Reporting Standards Self-Certification Templates and Participating Jurisdiction list issued in the Cayman Islands
By Gene A. DaCosta, Jonathan R. McLean
12/15/2015
High Court issues worldwide freezing order
The court was also not dissuaded from granting the injunction by the fact that the applicant companies were insolvent and the resulting weakness of their cross-undertakings in damages.
12/15/2015
‘Judicial luminaries’ gather in Cayman to create model law
The draft model law will serve as a benchmark for Commonwealth jurisdictions to compare and improve their own practices.
12/15/2015
She joins the Firm as a Partner with over 18 years of experience, both in onshore and offshore legal settings, having most recently worked as a partner at a prominent offshore law firm.
12/14/2015
On 8 December 2015, the Cayman Islands Government issued an update that contains some important information for the managers, operators and administrators of Cayman Islands investment funds.
12/14/2015
The Common Reporting Standard (CRS) is the standard for automatic exchange of financial account information developed by the OECD which provides for systematic and periodic automatic exchange of information between participating governments of informati
12/14/2015
The report, compiled by Simon Wallace-Smith and Richard Hughes of Deloitte and released to The Australian by the court, also reveals that a Cayman Islands vehicle linked to the 1MDB scandal is the owner of the Avestra Credit Fund, which backed a takeover
12/11/2015
Former Head of Offshore Brokerage Pleads Guilty to Conspiracy to Commit International Stock Fraud and Money Laundering Scams
Gallison admitted that he and others then “dumped” or sold the shares at the inflated prices and laundered proceeds through bank accounts in the United States and overseas.
12/10/2015
Money laundering lawyer in Cayman Islands not charged in FIFA scandal
Buried in the new indictment are the circuitous methods through which Webb received bribes, and those methods are painfully detailed therein.
12/09/2015
The existence, or extent, of any fraud occurring in local Cayman football remains, at this point, unclear.
12/08/2015
Our administration and treasury services teams look forward to continuing to work with the Board and Funding Circle to deliver a best-in class administration and treasury services
12/07/2015
For eight years now, the self-made apparel king Peter Nygard and the financial tycoon Louis Bacon have been locked in a wild battle over a strip of land on Nassau in the Bahamas
12/07/2015
Cayman and British Virgin Islands firms announce merger
“Given our recent expansion in Asia, the time is right to partner with a law firm and corporate service provider to provide comprehensive legal services to our clients in both the Cayman Islands and the British Virgin Islands,”
12/07/2015
Directors registered or licensed with the Cayman Islands Monetary Authority (CIMA) are reminded of the 15 January deadline to pay the annual fees, in order to avoid penalties.
12/06/2015
The BVI Business Companies (Amendment) Act 2015
The Amendment Act will amend the BCA to introduce certain requirements with respect to the notification and consent of the secured creditors of a BVI company that proposes to continue out of the BVI to another jurisdiction.
12/04/2015
Antigua: PM says gov’t has the money to pay ABIB workers
ABI Bank, which ran into trouble in 2010, has been under the control of the Central Bank since 2011
12/04/2015
Peter Canale Avoids Prison in Swiss Bank Tax Evasion Case
His brother Michael Canale, a retired U.S. Army surgeon, was sentenced in 2013 to six months in prison
12/04/2015
Ponzi scheme allegations dropped
Court-ordered receiver John Carney filed the claim against Walter Stipa Sprecase