Managers of Wealth Offshore

Wyly Brothers Used Trusts to Evade Law, Jurors Told

Samuel and Charles Wyly used a labyrinth of offshore trusts to hide their share holdings from the U.S. Securities and Exchange Commission and evade trading limits on corporate insiders

Cayman Islands: Court Clarifies Treatment of Foreign Tax Liabilities in Bankruptcy - Maples and Calder

The Grand Court found that sufficient reasons had been established to exercise its discretion and made the bankruptcy orders and appointed a trustee in bankruptcy.

Anti-Bribery Update: so a policy and a gifts register isn’t enough? - Dougherty Quinn

The conversation usually starts with a request to write or review an anti-bribery policy with often the additional question of what limit should be set for gifts and entertainment to be recorded in the gifts register.

Bermuda Supreme Court: Act Provides Basis for PRC Holder to Apply for Bermudian Status

The Supreme Court of Bermuda handed down a decision on 2 May 2014 which has ramifications for PRC holders who were ordinarily resident in Bermuda on 31 July 1989.

Conyers advises Agile Property Holdings Limited on the restructuring and re-registration of its Gulfstream 550 aircraft

Paul Lim of Conyers’ Hong Kong office advised on the matter, working alongside Clyde & Co.

U.S. wants Credit Suisse to plead guilty in tax dispute-report

Credit Suisse is one of over a dozen Swiss banks under criminal investigation in the United States

Volaw named in Top 25 Trust Companies for 2014

Over 100 trust companies in the UK and UK offshore were surveyed and the Top 25 is based on data received on areas such as number of client facing directors, number of client facing trust officers/managers, total number of staff and fee income.

International law firm appoints new finance director from Taylor Wessing

She joins from Taylor Wessing where she is credited as having helped the firm achieve an increase in profit per partner of over 30% in the teeth of a global recession.

Carey Olsen wins Best Private Client Legal Team

Carey Olsen has been named Best Private Client Legal Team at the Wealth Adviser Awards 2014.

Structuring private equity co-investment opportunities in Bermuda by Sarah Demerling, and Sally Penrose, Appleby

A properly structured co-investment vehicle offers both the fund and its co-investors the ability to effectively manage, deliver and return...

British Virgin Islands: Privy Council Provides Certainty to Hedge Funds - Conyers Dill & Pearman

Fairfield Sentry, a British Virgin Islands business company, was the largest feeder fund into Bernard L. Madoff Investments Securities LLC

Carey Olsen partner wins Contentious Offshore Lawyer award

Mr Greenfield was recognised alongside other lawyers from international leading law firms

Cayman Islands: Cayman To Welcome Third Party Rights Rules

The Law also provides that the parties to the contract may only rescind or amend the agreement

Leading international law firm Expands London based Restructuring Practice

Move strengthens firm’s commitment to global restructuring offering in Europe

Appleby licensed to offer offshore legal advice from Shanghai

Leading offshore firm awarded licence to practise offshore law from its Shanghai base

Ogier promotes director and welcomes new faces to funds and real-estate teams

Ogier Fiduciary Services in Jersey has announced the promotion of Charles Le Cornu to Director and welcomes new Directors Simon King and Jon Barratt to the Funds and Real Estate teams respectively.

Conyers advises on grant of senior $657m credit facility to Orient-Express Hotels

The transaction was initially launched by Orient-Express Hotels on 27 February 2014 and completed on 21 March 2014, providing the group with the flexibility and liquidity necessary to execute its strategic initiatives.

TAGLaw adds Bahamas firm

TAGLaw, an international alliance of independent law firms, has announced the addition of Florida-based law firm Delaney Partners, which will form The Bahamas branch.

Cayman to Welcome Third Party Rights Rules - Appleby

Currently under Cayman Islands law, a person who is not a party to a contractual agreement cannot enforce its terms directly, irrespective of whether the agreement expressly purports to grant to such third party any rights. In other words, strict ‘p

Conyers advises Qannas on acquisition of interests and continuation into Caymans

The Conyers team was made up of Fawaz Elmalki of Conyers’ Dubai office