09/28/2015
The eagle has landed
In the aftermath of the global financial crisis the firm has differentiated itself by adopting a multi-disciplinary approach to solving clients’ legal issues
Legal
09/25/2015
Leading offshore law firm Acts For Boal in Acquisition of Jersey Trust Company from Zurich
Boal & Co is a leading provider of trustee services to international pension plans, with over $10 billion of pension assets under stewardship.
09/25/2015
When protectors stop protecting - Withers
The case, known as the 'K Trust', demonstrates that the courts can and will if necessary remove a protector who the Court considers is no longer acting in the best interests of their beneficiaries.
09/25/2015
Harneys secures first strike out of a winding up petition under Section 95(2) of the Companies Law
This is the first time the Grand Court has decided the fate of a petition based on the application of Section 95(2)
09/23/2015
Cayman Islands Voluntary Liquidations
Consideration for Funds should be given to CIMA’s new Rule and Regulatory Procedure relating to the cancellation of a licence or certificate of registration.
09/22/2015
Christie’S Contractor Meet ‘Worth A Shot’
The only concession to Baha Mar was Judge Carey’s decision to allow the Chapter 11 case to continue for Northshore Mainland Services
09/22/2015
Cayman Law Society supports Connolly’s goals, says president
The association representing Cayman’s private sector legal profession “wholeheartedly supports” MLA Winston Connolly’s call for the advancement of Caymanians, says Cayman Islands Law Society president Alasdair Robertson.
09/22/2015
Grant Thornton and Ogier successfully apply to the Courts for innovative pooling application
The resulting decision regarding the liquidation of the Huelin-Renouf Group demonstrates the flexibility of the Guernsey insolvency regime in achieving the best outcome for all parties, and in particular creditors, says Ogier partner Mathew Newman.
09/21/2015
The Supreme Court of Mauritius re-affirms the criteria for enforcing foreign judgments
The decision of the Supreme Court in La Banque Française Commerciale Ocean Indien v Lauret P re-affirmed the criteria that need to be satisfied for a successful application to recognise and enforce a foreign judgment based on Article 546 of the Mau
09/21/2015
Appleby Offshore Litigation Symposium - 7 October 2015
This is an event for lawyers in New York whose work brings them into contact with offshore entities in Cayman, the BVI or Bermuda.
09/21/2015
IRS Seeks Identities of Americans with Undisclosed Belize Bank Accounts
Americans with secret accounts in Belize should take notice: the government is looking for you.
09/21/2015
Cayman Islands fugitive used mirror corporations in Panama to launder money
The Batemans also own an unlicensed wealth management company in Panama
09/21/2015
Offshore law fiem Expands Litigation Practice with Launch of Asia Disputes & Restructuring Group
Under this new initiative and through our existing multi-lingual team in Hong Kong, clients will be serviced by the most experienced and highest rated partner-led team in Asia, Bermuda, BVI and Cayman.
09/21/2015
ICSA Jersey names leading offshore law firm in 2015 Awards
The Awards were judged by a panel of industry experts, the winners will be announced at the ICSA Jersey Annual Dinner, Awards & Graduation Ceremony at the Hotel de France on Friday, 23rd October 2015.
09/18/2015
ESMA advises on extension of AIFMD passport regime
Simultaneously, ESMA has published its Opinion to the European Parliament, Council and Commission on the functioning of the AIFMD EU passport regime to date and the functioning of National Private Placement Regimes.
09/17/2015
Impact of the Common Reporting Standard on Cayman Islands Financial Institutions-Top 5 Questions Clients Are Asking About CRS
Over 90 jurisdictions have currently committed to CRS, with 58 signed up to the Agreement
09/17/2015
Odebrecht's Alleged Money Man Points Brazil Probe to Banks
Propsecutors say investigators have uncovered correspondence between international banks and Freiburghaus about Brazilian clients, including former Petrobras employees
09/17/2015
US Justice Department Announces Two Banks Reach Resolutions Under Swiss Bank
These banks will collectively pay penalties totaling more than $11 million.
09/16/2015
New Australian laws to crack down on global firms avoiding tax
Under this new law, when we catch companies cheating, they will have to pay back double what they owe, plus interest
09/16/2015
CIMA Filings for Mutual Funds
The Cayman Islands Monetary Authority has published a new rule and regulatory procedure regarding the cancellation of a licence or certificate of registration of a Cayman Islands regulated mutual fund.