Managers of Wealth Offshore

Appleby Finance Offshore Q4 2014

Welcome to the latest Offshore Finance. Our newsletter is designed to bring you up to date with latest changes to...

Long-overdue Changes to the Companies (Jersey) Law 1991 by Tom Fothergill, Appleby

Until now, barely a week could go by for finance lawyers and trust company directors in Jersey without someone entering...

Why Offshore Corporate Structuring Needs to be on the Agenda by Oliver Lawson, Appleby

From the fast paced and cash constrained environment of start-ups to the expansion challenges experienced by more established growth companies,...

BVI's FATCA implementation continues by Ross Munro, Harneys

The Minister is expected to make further Orders providing further details of the reporting regime in the near future.

More Madoff money brings total to $10.3 billion going back to investors

Trustee Irving Picard on Monday announced a settlement with two “feeder funds” that are being liquidated in the Cayman Islands.

Guernsey's insolvency regime set to reform

On 24 October 2014, the Commerce & Employment department published its consultation paper on various options for reforming Guernsey’s insolvency regime, both for personal and corporate insolvency.

Useful guidance on the Bermudan courts' approach to assisting foreign liquidators

In view of this limited disclosure, the liquidators tried to invoke the jurisdiction of section 195 of the Companies Act 1981 in Bermuda

Bahamas Attorney General Addresses Financial Services Industry Excellence Awards Ceremony

AG Says Expertise, Efficiency & Excellence Key to Financial Services Expansion

Misconceived Clawback Claims by Liquidators - Conyers Dill & Pearman

There has been a notion floating around the offices of Cayman Islands liquidators that a redeeming investor from a fund is liable to have its redemptions clawed back in favour of the estate in circumstances where it is subsequently shown that the fund was

Leading offshore law firm makes senior promotions in the Cayman Islands

The litigation team across the Cayman Islands, Guernsey and Jersey advises clients on the full spectrum of advisory, semi-contentious and contentious work.

Bhutto’s jewellery to remain in Switzerland

The money was allegedly deposited in Swiss banks, and accounts belonging to Bhutto and her husband were frozen following an official Pakistani request in 1997.

Businesswoman contests release of Cayman bank records

A high-profile businesswoman accused of using Cayman Islands bank accounts to dodge more than $7 million in taxes is seeking to challenge the use of information obtained by the U.S. Internal Revenue Service through a tax information exchange request.

Guernsey fiduciary specialist wins STEP Founder's Award

Now in their sixth year, the awards take place annually and recognise individuals whose long-term contribution to the society has gone above and beyond what is expected of a member.

Ex-Swiss private banker charged in U.S. for tax scheme

A former vice president at Swiss private bank Rahn & Bodmer was indicted on Thursday in the United States with conspiring to assist Americans to evade taxes by using secret accounts.

The Privy Council Clarifies the Court’s Jurisdiction at Common Law to Assist Foreign Liquidators

On 10 November 2014 the Judicial Committee of the Privy Council delivered two related important judgements on appeal from the Bermuda Court of Appeal.

Mourant Ozannes advises on acquisition of Hansteen UK Industrial Property Unit Trust

Offshore law firm Mourant Ozannes has provided Jersey and Guernsey advice to property investors Brockton Capital Fund III LP and Dunedin Property on real estate transactions totalling £146.5 million.

Multi-award winning BVI legal team

The IFLR1000 is an annual guide to the world’s leading financial and corporate law firms. It has been published for 20 years and bases its rankings and analysis on extensive independent research by a dedicated team of journalists.

Further judgment on trust law principle in Tchenguiz case

The precise meaning of Article 32 has long been the subject of debate amongst lawyers concerned with Jersey or Guernsey law trusts, the equivalent provision in Guernsey (Section 42 of the Trusts (Guernsey) Law 2007) being very similar to the Jersey one.

Offshore law firm leads in the Channel Islands

The Chambers UK guide, now in its 25th year, compiles research from in-depth interviews with law firms and clients in order to produce one of the leading guides to the UK's best lawyers.

The Liechtenstein Disclosure Facility – Recent Changes

UK Disclosure Facilities - Background

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