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
Legal
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.
08/11/2023
Guernsey Guide: legal, regulatory, transparency and supervisory framework
With over 800 years of independence, Guernsey is a politically stable and secure jurisdiction that facilitates investment in a tax-neutral environment whilst maintaining best-in-class regulatory standards.
08/11/2023
Practical overview of offshore legal opinions in financing transactions
Typically the Enforceability Opinion will relate to security documents governed by the laws of the relevant Offshore Jurisdiction.
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.
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.