08/10/2023
Mourant advises on CVC Capital Partners IX, the biggest buyout fund in history
The team also worked in collaboration with colleagues in the wider Funds, Finance and Corporate teams.
Legal
08/09/2023
BVI Court Strikes Out Witness Statement of Fact for Trial
Justice Mangatal held that materially the whole of the witness statement should be struck out.
08/09/2023
Carey Olsen announces third recipient of Bermuda Scholarship Scheme
Winners are selected by Carey Olsen Bermuda's Bursary Committee based on academic records, extracurricular achievements, career aspirations and need.
08/08/2023
Enforcement of arbitral awards: Bermuda, BVI, Cayman Islands, Guernsey, Irish and Jersey law
Once an award has been recognised by a court in the relevant offshore jurisdiction, it can be enforced in the same manner as a judgment or order of the local court.
08/08/2023
Application for leave to appeal granted to GFSC
This briefing provides an overview of the key findings of the single judge of the Court of Appeal.
08/08/2023
Walkers' Banking & Finance team in Guernsey advised Investec and ACIA Aero Leasing on award-winning aviation finance deal
The AFJ Global Awards recognise excellence among market participants on deals across airline, lessor, and OEM financings in all regions around the world.
08/08/2023
Statutory demands in the BVI - Court of Appeal issues guidance on whether a dispute is "genuine and substantial"
As a result, the past year has seen a marked increase in the use of statutory demands against BVI companies as a precursor to an application to appoint liquidators.
08/08/2023
Mourant advises on CVC Capital Partners IX, the biggest buyout in fund history by a private equity firm
The fund closed with commitments of €26 billion, exceeding its €25 billion target, making it the biggest buyout fund in history.
08/08/2023
Revisiting 'Quincecare': the Supreme Court in Philipp v Barclays
If the bank has reasonable grounds on which to query the transaction but nonetheless processes the payment, it may be liable to the customer for the resulting loss.
08/07/2023
Relations with the Cayman Islands Monetary Authority and investors – update 2023
The fund may also be subject to filing and/or notification requirements in the Cayman Islands and other jurisdictions, depending on the resolutions of the board of directors vis-à- vis the continued operations of the fund.
08/04/2023
Guernsey's new Director Registration Regime
This applies to any person acting as a director "in or from within the Bailiwick".
08/03/2023
Harneys announces divestment of fiduciary business
Upon the closing of the transaction, the business will be led by existing Harneys Fiduciary CEO Ross Munro and Chief Commercial Officer Pia Buchi.
08/03/2023
S238 in action: CICA clarifies approach to 'fair value' appraisal proceedings in Trina Solar
An independent Special Committee was appointed to evaluate the fairness of the offer, and it approved and recommended it to shareholders.
08/03/2023
Bedell Cristin celebrates impressive rankings in Chambers High Net Worth Guide 2023
Chambers and Partners is one of the world's leading reference and ranking bodies for the legal sector, delivering in-depth independent research to identify and rank the most outstanding firms and practitioners.
08/02/2023
Conyers advises AdvancedAdvT Limited on its acquisition of five software businesses from Capita plc.
Partner Rachael Pape and Associate Nina Goodman of Conyers’ BVI office advised on the transaction, working alongside Cooley (UK) LLP.
08/01/2023
Maples Group Advises Multi-Million Dollar China-Focused Hedge Fund
A team of lawyers based in the Group's law firm in Hong Kong acted as Cayman Islands legal counsel to Protium Capital.
08/01/2023
Harneys advises Endeavour United on the closing of its JP¥53 billion new Japan buyout fund
At the core of its investment strategy, Endeavour United aims to make value-oriented investments in companies with operational, transactional, or structural challenges and complexity.
08/01/2023
Royal Court decision on application for leave to apply for judicial review
This decision helps to clarify a boundary between public and private law disputes
07/27/2023
Amendments to the Disclosure (Bailiwick of Guernsey) Law, 2007
The introduction of GIMLIT could pose some real challenges for Guernsey, where proximity is close and finite resources means that MLRO's can often hold more than one appointment across groups/financial services businesses.
07/27/2023
Collas Crill advise on Guernsey Football Association Acquisition
The new £10m development will include a floodlit 3G pitch with 400 seats and covered terracing behind each goal, together with a grass pitch for training, clubhouse and changing room block.