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Legal

11/24/2023

Aubit International: Guidance on the new restructuring officer regime in the Cayman Islands

The case provides further clarification on the considerations that should be taken by the Court when considering the appointment of ROs and warns that the court will guard against potential abuse of the new regime.

11/24/2023

Courting Clarity: Grand Court confirms jurisdiction to determine winding up petitions notwithstanding requirement to refer disputes to foreign arbitration tribunal

The case serves as useful clarification of the Grand Court's jurisdiction to hear a creditor's winding up petition

11/24/2023

King Bun Limited and Others v. Lau Man Sang, James and Others – Claim No. BVIHC (COM) 2017/086

Conyers is pleased that its clients achieved this well-deserved victory.

11/24/2023

Bermuda lawyer to represent Vesttoo

Mr Duncan is the managing director of Trott & Duncan on Brunswick Street, Hamilton.

11/23/2023

Conyers Obtains Successful Judgments Totalling +US$250m in Two Shareholder Disputes

In long-running shareholder dispute Lie v Ng, judgment was obtained for the claimant in the sum of US$154 million with an award of quasi interest of US$21 million.

11/23/2023

Commercial Real Estate Debt Burden Concerns: The BVI Perspective

Chinese real estate companies are also facing significant macroeconomic pressures.

11/23/2023

CP156: CBI to Revamp its Financial Services and Fintech Innovation Framework

The Central Bank's approach to innovation is focused on balancing the potential benefits and risks of innovation for the financial system, consumers and the economy.

11/22/2023

Carey Olsen advises Fission Gamma IC Limited on MMC UK Pension Fund's £2 billion longevity risk transfer

This transaction is the third longevity swap structured through the Mercer ICC.

11/21/2023

Protecting the vulnerable from financial abuse

Cases of concern usually start with the distancing of previously close relatives and the ‘moving in’ of others

11/16/2023

Carey Olsen in Bermuda advises Hamilton Insurance Group on its Initial Public Offering on the New York Stock Exchange

Bermuda-headquartered Hamilton Insurance underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries.

11/16/2023

The principle of finality, and the correct approaches to contributory negligence and extending the limitation period – the Privy Council judgment in Primeo v Bank of Bermuda

This is a long-awaited judgment, the matter being heard as part two of the appeal in October 2021 over four days.

11/16/2023

Losing the faith? Implied term of good faith rejected in Jersey contract law

The Royal Court therefore concluded that there was no Jersey authority which stated definitely that an implied term of good faith is a part of every Jersey law contract.

11/15/2023

Solid Rankings for Collas Crill in 2024 Legal 500 Caribbean

Sally Peedom, senior associate in the private client team in Cayman, has been ranked as a Rising Star for the first time.

11/15/2023

The use of Cayman Islands structures in Islamic real estate financings in the UK

All types of Islamic finance transactions must be compliant with Shari'ah principles, which derive from the Quran and Sunnah – the two primary sources of Islamic law.

11/15/2023

Carey Olsen's James Noble achieves Full (TEP) Membership with STEP

By attaining the highest level of membership with STEP, James has earned international recognition as an expert in trusts and estates.

11/14/2023

The Supreme Court Of Mauritius Re-Affirms its support to International Arbitration

Under the Provisional Order, the Supreme Court had granted the recognition and enforcement of an arbitral award delivered on 30 November 2016 (Arbitral Award) against OGD.

11/14/2023

Maples Group Leads the 2024 Legal 500 Caribbean Guide with Most Tier 1 Rankings

The firm's Cayman Islands Corporate & Commercial practice, maintaining its Tier 1 status, was characterised as a team that 'stands out when issues arise in the project, as they react fast and efficiently.'

11/14/2023

Court issues winding-up order for BlockFi International

Lawyer Steven White, of Walkers (Bermuda) Ltd, representing the company and the joint provisional liquidators, EY, appeared before Mr Justice Hargun.

11/14/2023

Guernsey States meeting with business bosses over population laws

It comes as the CGI said barriers still restricted the ability to recruit staff from anywhere in the world.

11/13/2023

Prenuptial agreements aren’t only for the rich and famous

Many people hear about nuptial agreements most often through sensationalised media reporting about them

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