12/22/2015
Weavering Macro Fixed Income Fund (the Fund) was placed into liquidation in March 2009 after it was revealed that the Fund's main asset, being a basket of interest rate swaps entered into with a related entity, were worthless (the Swaps).
12/22/2015
On 16 December 2015, the Royal Court of Jersey handed down judgment in the cases of In Re the Matter of the Great Escape Trust and In Re the Matter of the Wentworth Trust.
12/22/2015
They also explain why this case is headed for appeal.
12/22/2015
Between five and six thousand persons are expected to benefit from the payout.
12/21/2015
The new regulations take effect on 1 January 2016.
12/21/2015
Legal experts say court order for restaurant’s parent company based in British Virgin Islands could lead to resolution of more disputes in city
12/21/2015
By Peter A.S. Pearman, Alec R. Anderson, Craig W. MacIntyre
12/21/2015
The mortgage portfolio was held by the Jersey mortgages trustee and comprised performing and non-performing residential mortgages and unsecured loans from the legacy book of NRAM, the former Northern Rock mortgage business.
12/18/2015
Fifty Swiss bank accounts allegedly linked to world football governing body Fifa have been frozen.
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.