Managers of Wealth Offshore

Consultation Concludes: The Future of Seychelles Virtual Assets Now in Focus

Recent consultations and proposed legislation changes under the Virtual Asset Service Providers (VASP) Bill are set to impact our industry significantly.

Ogier Hong Kong assists in the de-SPAC transaction between Tristar Acquisition I Corp and Helport Limited

The transaction involved a statutory merger in the BVI and a statutory merger in the Cayman Islands.

Maples Group Luxembourg Advises BaxEnergy on its €28 Million Sale to Yokogawa Electric

The transaction closed in June2024 for a price of circa €28 million.

Ogier’s Hong Kong dispute resolution experts named industry leaders in Asia

Asian Legal Business highlights the achievements of dispute resolution practitioners at offshore law firms.

The sanctions regime in the British Virgin Islands

This will demonstrate effective implementation of controls and reduce the risk of any breach, leading to potential enforcement action and penalties.

Ogier advises on the acquisition of ETC Group by Bitwise Asset Management

Bitwise, which is among the issuers of spot bitcoin and ether exchange-traded funds in the US, says it plans to expand ETC Group's platform in Europe. 

Carey Olsen advises Paratus Energy Services on the issuance of a US$500 million senior secured bond

This transaction marks one of the largest bond issuances in the Nordic bond market in recent years and was significantly oversubscribed, reflecting robust investor confidence and strong market demand.

Ogier in Guernsey advises on acquisition of crypto ETP issuer ETC Group

The Ogier team was led by partner Tim Clipstone

Cayman Court Approves Winding-Up Order for "Insolvency Proof" Sigma Finance Corporation After Complex 16-Year Administrative Receivership in the UK

The Company was a structured investment vehicle (SIV), incorporated in the Cayman Islands.

Recent Guernsey case sheds light on the role of a business holding assets subject to a 'Suspicious Activity Report'

The court ultimately found that on a balance of probabilities the monies held by the Defendant were not the proceeds of crime.

Enforcement of foreign arbitral awards by the Grand Court of the Cayman Islands

The tribunal issued a provisional award in favour of the plaintiff

Carey Olsen assists DeFinity Markets in securing JFSC approval for digital assets settlement platform

The challenger-model will see investment-grade buy and sell-side clients transact with each other using bank-intermediated credit via the prime brokerage desk.

Conyers Advises on the Establishment and Licensing of Bellemeade Re 2024-1 Ltd. as a Special Purpose Insurer

This vehicle was sponsored by Arch Mortgage Insurance Company and United Guaranty Residential Insurance Company.

Appleby’s ‘Moot Court’ Project Immerses Bermuda Interns in Real-World Legal Challenges

Appleby Bermuda Announces Winners of the 2024 Summer Internship Moot Court Competition

Ogier in Guernsey advises Blackstone on US$1.572bn Hipgnosis acquisition

Blackstone Inc. is one of the world’s leading investment firms

Amendments to the Cyprus Companies Law – additional powers of the Registrar of Companies to update its records

In the context of the amendments, the term “information” includes a wide range of personal and corporate data, including identification details and contact information.

What Steps Should a Cayman Fund Take to Comply with the New Cayman Beneficial Ownership Regime?

That information needs to be provided by a contact person that is registered or licensed under a regulatory law[1] and within 24 hours or at such other time as the Authority may specify.

They steal 14 million dollars in cryptocurrency with hacker attacks on Cayman Islands exchanges

The suspects had been present in Italy for several weeks and moved frequently between different exclusive locations.

Appleby Senior Associate Appolina Winton Recognised as a 2024 Fund Finance Association Rising Star

The FFA recognises the importance of acknowledging the emerging talent who are making waves in the industry.

Maples Group Advises AMCS on its Landmark Sale to EQT Private Equity

The Dublin Corporate team also supported AMCS on its equity fundraise led by Clearlake Capital and Insight Partners