08/15/2016
Appleby shortlisted for 2017 IFC Caribbean award
The firm has been shortlisted for Law Firm of the Year – Caribbean, for the sixth year running.
Legal
08/15/2016
Curaçao, St. Maarten have Dijsselbloem concerned
The Dutch Caribbean countries are primarily responsible for their own affairs and intervention by The Hague is only possible when there is insufficient redress.
08/15/2016
Bahamas Legaslative Amendments: HIGGS & JOHNSON
Where there is doubt as to the value of a transaction, the Treasurer may take into consideration the value of any adjoining property sold within twelve (12) months preceding the date of the transaction.
08/12/2016
Investors' Claims for Unpaid Redemption Proceeds in the Winding Up of Cayman Islands Investment Funds
The judgment has, however, in the absence of a coherent interpretation of section 37(7)(a) of the Companies Law, given rise to some uncertainty
08/12/2016
Will the Panama Papers Lead to Criminal Charges Against U.S. Taxpayers?
“Panama Papers,” detail the creation of hundreds of thousands of business entities and bank accounts in offshore “tax havens”
08/12/2016
Termination of Cayman Islands Regulated Mutual Funds
Early action to reduce costs and minimise 2017 fees
08/12/2016
CAYMAN ISLANDS: The Confidential Information Disclosure Law, 2016
The Confidential Information Disclosure Law, 2016 (the "CIDL") was gazetted on 22 July 2016 and is in effect.
08/12/2016
Funds - Ireland - Quarterly Update Q2 - Maples and Calder
April - June 2016
08/12/2016
Appleby recognised for prestigious Offshore Award
Appleby awarded 2016 US Captive Services Award
08/12/2016
Conyers Dill & Pearman advises Iluka Resources on GBP215 million takeover of Sierra Rutile
Anton Goldstein of Conyers’ BVI office worked alongside Ashurst in advising Iluka on the transaction.
08/12/2016
Seven Prince properties, including Caribbean villa, can now be sold
Paisley Park complex will not be put on the market.
08/12/2016
Recognition of foreign insolvencies at common law: Singapore sets COMI precedent
High Court of Singapore recognised a Japanese bankruptcy trustee
08/11/2016
Fugitive Mexican Mayor Claims U.S. Seizure of Offshore Bank Accounts is a Lie
Some of that money was deposited in the Bermuda account and other U.S. bank accounts which was used to purchase real estate in Texas.
08/11/2016
Royal Bank Gets Green Light To Challenge Ocean Chimo’s Financial Standing
Ocean Chimo Limited had sought to block the banks' appeal on the basis that the papers had not been properly served on the company.
08/11/2016
PAKISTAN: Panama investigations or cover-up
Finance Minister claims, ‘offshore companies are legal, could be financially beneficial within legal framework, but they could also be used for illicit purposes’
08/11/2016
Disputes on the rise
Maples and Calder partner John Trehey heads the firm’s Asian litigation, restructuring and insolvency practice.
08/10/2016
Moore Capital founder wins Bahamian privacy case
Victory for Louis Bacon offers relief from harsher headlines
08/10/2016
Maples Group Assists AerGen in Debut ABS Issuance
This was the debut ABS issuance by AerGen, who is a relative newcomer in the aircraft leasing market, and all three tranches of the issuance were oversubscribed.
08/10/2016
Guernsey's Providence fund goes into administration
The closed-ended absolute return fund aimed to provide investors with annual returns of between 7% and 14.25%
08/08/2016
One year extension given to reclassify Bermuda Exempted Funds
Bermuda’s legacy Exempted Funds have been given a one-year extension on the 3 October 2016 deadline to reclassify as a Class A or Class B Exempt Fund. Exempted Funds now have until 3 October 2017 to reclassify.