08/31/2023
Continuation of a foreign jurisdiction company to the British Virgin Islands
If the laws of a foreign jurisdiction permit the continuation, the company is entitled to continue to the BVI.
Legal
08/30/2023
Important Takeaways for Bondholders: Do They Have Rights as Contingent Creditors?
The Court held that the Petitioner did not have standing or authority to progress the proceedings and the Petition was dismissed.
08/29/2023
Directors’ duties and obligations under Cayman Islands law
In most cases directors are responsible to the company and not, in the absence of special circumstances, to the shareholders as individuals.
08/25/2023
Guernsey Court of Appeal grants Guernsey Financial Services Commission permission to appeal
Mourant acted for the Commission in the application for permission to appeal.
08/25/2023
Disposal of assets by a BVI company
Section 109 of the BCA also provides that the directors have all the powers necessary for managing, directing and supervising the business and affairs of the company.
08/24/2023
Four Ogier dispute resolution experts recognised in ALB's Top Ten Offshore Litigators 2023
The list is selected based on the profile of the case, client recommendations and market feedback.
08/23/2023
Jersey updates AML and proceeds of crime law for trustees and private trust companies
This change reflects the original intention behind the NPTO, i.e., that legal persons should not be considered non-professional trustees under the NPTO.
08/22/2023
Conyers Advises Solomon Re Ltd. on US$75 Million Series 2023-1 Notes Offering and Listing
Conyers Director Alexandra Macdonald and Associate Katie Martin worked alongside Mayer Brown LLP.
08/21/2023
Carey Olsen advises on the sale of Jacksons Group Limited to Van Mossel Automotive Group
We are pleased to have been able to represent Octane on this transaction
08/18/2023
Harneys advises Able View Global Inc.
The merger was approved by the shareholders of HMAC earlier this month and was completed on 17 August 2023.
08/18/2023
Walkers acts as Cayman Islands counsel to VinFast on Black Spade business combination and Nasdaq listing
VinFast completed its merger with Black Spade
08/17/2023
Lau Man Sang, James and Others v. King Bun Limited and Others BVIHCMAP2021/0034
The appeal arose from the Appellants’ challenges to a successful derivative action
08/17/2023
Hong Kong Partner Vivien Fung shortlisted for Women in Business Law Awards APAC 2023 Offshore Lawyer of the Year
Vivien has been recently recognised as a “Highly Regarded” lawyer in the 2023 edition of IFLR1000.
08/16/2023
Carey Olsen advises on two schemes of arrangement for London-listed REITs
In addition, Carey Olsen acted for LondonMetric Property Plc, a FTSE 250 UK REIT
08/15/2023
Hamilton Reserve Bank Prevails Against Fraudulent Websites, Illegal Phishing Activities
The Bank’s business around the world, from Puerto Rico to Asia, is growing rapidly with solid customer onboarding and healthy transaction flow.
08/14/2023
Conyers Supports Bermudian Students with Legal Education Awards
Conyers has an extensive student programme, offering awards to multiple students annually in the form of scholarships and bursaries.
08/14/2023
GFSC can continue its fight against critical Marshall judgment
It has been granted leave to appeal the decisions made by Lt Bailiff Hazel Marshall KC when she set aside bans of three directors and cut two of the fines.
08/14/2023
Carey Olsen advises the special committee of Arco on its go-private transaction
The per share merger consideration values Arco at a total enterprise value of approximately US$1.5 billion and will see Arco become a private entity.
08/11/2023
Guernsey’s Royal Court Calls for Reform to Financial Services Regulation
The Disputes & Risk team exhaustively compiled evidence as to the source of the funds
08/11/2023
Harneys advises on Newborn Town’s acquisition of and financial consolidation with BlueCity
The Harneys Shanghai team previously advised the buyer consortium in the going-private transaction of BlueCity.