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Legal

03/02/2023

The Privy Council Clarifies the Law on default Judgments in the Eastern Caribbean

The Privy Council also held that the court should refuse to enter a default judgment where it was evident that there may be good grounds for ultimately setting it aside.

03/02/2023

Former Maldives president gets 11 years for corruption, slapped with $3 million penalty

The Criminal Court concluded that the entire amount has to be paid back to the State within six months.

03/02/2023

Swiss bank employees indicted in connection to Russia president’s vast fortunes

The charges stem from bank accounts linked to Vladimir Putin’s childhood friend Sergei Roldugin, whose web of offshore companies was first revealed in the Panama Papers.

03/01/2023

Walkers Advises Capital Square Partners on the Close of a c.US$700 Million Fund

Founded in 2014 and based in Singapore, Capital Square Partners is a private equity firm investing across technology and business services across Southeast Asia and India.

03/01/2023

Grand Court grants leave to enforce a foreign interim arbitration award

Whilst the application was made ex parte, and dealt with on the papers without an oral hearing, Kawaley J nevertheless issued a full ruling setting out his reasons for the decision, there having been no published Cayman Islands case dealing with the enfor

02/28/2023

Carey Olsen shortlisted for offshore law firm of the year in Asia Legal Awards

The awards cover a range of practice areas and disciplines and identify the most significant deals and transactions that took place during 2022.

02/27/2023

Conyers Advises GlobalLogic on Acquisition of Hexacta, a Latin American Digital Engineering Firm

Hexacta is a Latin American business that offers end-to-end digital and data engineering services, delivering nearshore and offshore custom software development services, testing, and user interface design.

02/27/2023

Walkers advises on financing of Brookfield Infrastructure's £4 billion take private acquisition of Homeserve plc

The acquisition was one of the largest offers for a London-listed group of the year.

02/24/2023

Spencer West opens new Northern Ireland operation alongside McMahon McKay

The team joined forces with Spencer West as of the new year, citing the firm’s reputation for collaboration between its Partners and its entrepreneurial approach to law as key considerations in forming the alliance.

02/24/2023

Carey Olsen acts in six China Business Law Journal deals of the year

The annual listing commends law firms for the ground-breaking, industry leading deals they have worked on throughout 2022.

02/23/2023

Mourant ranked in 13 areas in Chambers and Partners Global 2023

"Mourant provides excellent legal counsel for complex commercial and corporate matters."

02/23/2023

Consultation launched on changes to the Jersey Competition Law framework

This consultation comes at a time Islanders are facing an unprecedented rise in their living costs.

02/23/2023

Higgs & Johnson Remains One of the Most Prominent Law Firms in The Bahamas

The Firm was further described as ‘strong’ with the litigation team noted for being ‘very responsive.’

02/23/2023

Independent contractor guidance pursuant to the Employment Act 2000

The Ministry recently published 'Independent Contractor Guidance' to explain the key features of the employee-employer relationship and how this differs from an independent contractor relationship.

02/23/2023

Building the foundations for effective corporate governance

The boards in question only 'knew what they knew' and they didn’t have the systems and controls in place to ensure that excessive risk taking was identified and escalated.

02/23/2023

Bedell Cristin ranked strongly in Chambers Global 2023 Guide

In the 2023 guide, Bedell Cristin is ranked for its work in corporate and finance, dispute resolution, investment funds, real estate and trusts.

02/22/2023

Cayman Islands: In the Matter of The X Trust and The Y Trust – FSD 57 of 2022 (IKJ)

Offshore Trust and Estate Litigation Update Series – Part I

02/22/2023

Harneys recognised as top tier in Chambers Global 2023

Harneys “understands everything about funds, not only from a legal point of view, but also in terms of what is commercially best for the client” and “they have a strong litigation arm”.

02/21/2023

20 lawyers from Carey Olsen's Bermuda, BVI and Cayman Islands offices ranked in Chambers Global 2023

The firm's Bermuda office has maintained its strong rankings in Corporate and Finance, Dispute Resolution and Insurance

02/21/2023

Walkers advises on the acquisition of Traxys Group

The transaction is expected to close in May 2023 following receipt of certain regulatory and other approvals.

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