11/28/2016
Beneficial Ownership Register: Update and Actions Required
This approach has had the effect of forcing the vast majority of Corporates into an immediate technical breach of the Regulations
11/28/2016
Court of Appeal overrules unprecedented attempt to introduce non-party extra territorial discovery
Primeo entered into official liquidation in 2009 following the discovery of the Madoff fraud.
11/28/2016
Fund structuring: responding to users’ needs - Conyers, Dill & Pearman
For Asian hedge funds, this means limiting the use of hard lock-ups
11/28/2016
Ogier sponsor Top Marks award at STEP event
"Many congratulations to Oana for her double achievement in gaining top marks in the Trust Creation Law and Practice paper and the highest score overall."
11/28/2016
Transparency vs. Privilege: Balancing competing public interests in respect of witness statements
The Irish litigation was settled during the course of trial – after exchange of witness statements, but before HTIE’s factual witnesses had been called.
11/25/2016
Madoff case ruling means some offshore funds protected
Judge Stuart Bernstein’s ruling, issued Monday, means Charles and David Koch’s company, banks and fund managers will get to keep an estimated
11/25/2016
BVI FSC issues new guidelines on Money Services Business
It is scheduled to come into force on 19 December 2016 and was issued under section 41A of the Financial Services Commission Act 2001.
11/25/2016
Dispute resolution, corporate and asset management work remain the service lines that will be the strongest for the offshore law firms.
11/25/2016
Anguilla offshore bank seeks US bankruptcy protection
In April, the operations of both institutions were handed over to a new government-owned bank, National Commercial Bank of Anguilla Ltd.
11/24/2016
Caribbean Commercial Investment Bank Seeks U.S. Bankruptcy Protection
Latest chapter in Anguilla’s offshore banking troubles
11/24/2016
Kochs and Other Madoff Investors Are Winners in Fight Over Profits Held Abroad
The decision can be appealed to the Federal District Court.
11/24/2016
Madoff case ruling means some offshore funds protected
The trustee can appeal the decision to the U.S. District Court.
11/24/2016
Also referring to the BVI Commercial Court, Forte says that now the BVI is an unparalleled dispute resolution hub.
11/23/2016
The transaction is expected to close by the end of December 2016 and is subject to approval by MakeMyTrip shareholders and regulatory approvals.
11/22/2016
Insol International is the federation of national associations of lawyers and accountants involved in insolvency work.
11/21/2016
Cayman Islands Court of Appeal upholds Weavering preference claim
The first instance proceedings marked the first successful attempt by liquidators of a Cayman Islands investment fund to seek the return of redemption proceeds paid to an investor on the basis of preference.
11/21/2016
The Malta Residence and Visa Programme
The Programme has been introduced for individuals who are not nationals of the EU, EEA, Switzerland
11/20/2016
Jones J accepted that the JOLs had no reason to apply to obtain the documents prior to the issue being raised by the defendants
11/17/2016
The Claimant judgment creditor was seeking to enforce overseas judgments and had identified a company registered in the BVI belonging to the judgment debtor.
11/17/2016
We cannot, on the one hand, support developing countries with aid and then allow their elites to funnel ill-gotten gains through the City.