Managers of Wealth Offshore

Bermuda Minimum Hourly Wage in effect from 1 June 2023

Employers will also be required to retain records to show that they are complying with their obligations.

Harneys advises on completion of US$910 million business combination

The Corporate team at Harneys excels at complex cross-border transactions involving BVI, Cayman Islands, Luxembourg and Cyprus vehicles.

What Private Equity Managers Need to Know to File a Cayman Islands Fund Annual Return

Following is a guide on what funds need to know about the FAR filing process and how the Maples Group can help.

Collas Crill advises on landmark IPO

It is thought to be the first new LSE-listed fund to IPO since 2021, and is the largest AIM IPO of 2023 so far.

Direct Cross-Border Mergers into Jersey Companies

While this corporate law technology has been available for some time, there have been relatively few cross-border mergers completed other than the merger of overseas limited companies with Jersey Ltds.

Multi-Jurisidictional Maples Group Team Advise AlJazira on Vodafone Campus Acquisition

The Group's Dubai, Jersey and London offices collaborated to advise AlJazira on its acquisition of 'The Connection' business campus, marking AlJazira's first real estate transaction in the UK.

The thorny issue of illegality, mistake and the unruly horse of public policy

By the second stage of the arbitration, the Thai law experts on a closer review of Thai laws, agreed that compound interest was only recoverable in respect of loan agreements.

Blockfi sues over loan repayment

The plaintiffs say that in 2022 BlockFi International made loans to Druk of 30,000,000 USD Coin which had an aggregate value of $30 million.

Jersey for private equity buyout structures

Structures can involve more intermediate companies, but will typically follow the basic stack form.

Conyers shortlisted for Chambers APAC and GCR Awards 2023

The awards ceremony will be taking place on Thursday, 4 May 2023 at Marina Bay Sands Singapore.

25-Year-Old Mutual Will Overturned on Grounds of Son's Undue Influence

Charan also brought claims for rescissions relating to the family shares in Choiceclassic Ltd and various other agreements previously made.

Conyers Honoured as a “Caring Company” 2021-23

Conyers again partnered with The Boys’ & Girls’ Clubs Association of Hong Kong to host disadvantaged school children at the Hong Kong Children’s Discovery Museum.

Maples Group Advises on Fund with Citi Algorithmic Strategy Exposure

A team based in the Group's law firm in Singapore acted as Cayman Islands legal counsel to CFIM and was led by Funds & Investment Management Partner Nick Harrold and assisted by Associate Costa Valtas.

Permanent residency points system in Cayman Islands deemed unconstitutional

Last Thursday, the Court of Appeal declared that the Immigration Act is incompatible with section 9 of the Bill of Rights, which deals with family and private life.

Carey Olsen's Jersey charity quiz night raises more than £12,000 for local charities

The Government of Jersey's 'Broad Street Brainiacs' came in second place and Entrust's 'Entrust Your Braincells' completed the top three highest scoring teams.

Conyers Advises J.P. Morgan on Its Funding of Swiss Re via a Multi-Year Stop-Loss Transaction

The transaction has been structured with the potential to increase to US$1 billion.

BVI insolvency proceedings - top creditor FAQs for 2023

Although every case is different, and needs to be considered on its own facts, some questions reoccur repeatedly.

Lawyer owed no duty to third parties when making wills – Important common law precedent: Dorey v Ashton [2023] GCA 564

The case demonstrates Guernsey common law-making as being influenced, but not bound by, English case law whilst looking to the case law of leading Commonwealth jurisdictions for persuasive guidance.

The Limits of DUOMATIC: The Court of Appeal clarifies the scope of the doctrine in the BVI in two back-to-back decisions

In that case, it was alleged that the defendants had breached their duty of care by issuing a power of attorney which resulted in the unauthorised sale of the company’s sole asset.

Litigate or arbitrate: The continuing debate

Insolvency proceedings become more complex when an arbitration clause is in place, but a recent case in the British Virgin Islands brings some clarity.

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