10/25/2021
"First-class firm" Ogier goes from strength to strength
It's particularly pleasing to see the growing number of individual rankings, providing well-deserved recognition of our people and the quality of the service they provide.
Legal
10/25/2021
Guernsey's Revision of Regulatory Laws Project completes
While the changes have largely left the underlying licensing regime and exemptions available under the principal provisions of the regulatory laws untouched, many of the changes will impact on the authorisations and notifications required to be obtained o
10/25/2021
In the matter of the Piedmont Trust & Riviera Trust: the role of Protectors in trustee decision making process and the significance of letters of wishes
Both trusts were created at the instigation of the father of three adult children (his daughter and his two sons), and were settled by relatives of the family.
10/25/2021
The restated Banking Supervision (Bailiwick of Guernsey) Law
The 2020 Banking Law does not fundamentally affect the core approach to regulation of deposit taking business in the Bailiwick and the activities captured by the definition of deposit taking business remain unchanged.
10/22/2021
JTC Supports Launch of Disruptive SPAC on Euronext Amsterdam
They have gained popularity in Europe through 2021 as a result of various regulatory changes, which have made them an attractive method for acquisitions.
10/22/2021
Collas Crill Explains... Migrating Limited Partnerships
This guide looks at the requirements of the Regulations for limited partnerships looking to migrate either into or out of Guernsey.
10/21/2021
Revision of Laws – looking at 'universal' provisions across the industry sectors
In this week's Update, we look at some of the universal changes that standardise and align the new regulatory laws.
10/21/2021
Local legal practice makes national top 500 list
Anna Douglass was named as a key lawyer in property practice, and Helen McGeoch was recommended in the corporate team.
10/21/2021
Channel Islands Funds Quarterly Update: Q3 2021
Trading carbon credits (a carbon credit is a certificate or permit representing the holder’s right to emit one tonne of carbon dioxide or other greenhouse gases) is now included as an example of where goods or services are not subject to consumer pr
10/21/2021
Carey Olsen confirmed as the leading Channel Islands law firm in Chambers UK rankings
The Chambers UK rankings follow last month's publication of the 2022 edition of The Legal 500 UK, which also saw Carey Olsen lead offshore firms in the Channel Islands with 18 top-tier rankings.
10/21/2021
Luxembourg Securitisation Bill and Amended Draft Law : A bright future for CLOS
While very flexible, the Law contains a certain number of restrictions that constituted an impediment to particular types of arrangements and structures.
10/21/2021
Walkers' London office confirmed as top offshore team in the City with Tier One rankings for BVI & Cayman law
This year marks the 20th anniversary of Walkers London office.
10/20/2021
More lawyers recognised as ‘Rising Stars’ in Legal 500 rankings
Laura, also a Senior Associate, has experience in corporate and finance transactions as well as debt listings on the Channel Islands Securities Exchange Authority.
10/20/2021
Protectors’ powers to consent to or veto trustee decisions: Jersey’s Royal Court explains the limits
The Court held that the protector will usually be entitled and required to form his or her own judgment on a trustee’s decision and whether to consent to it
10/20/2021
BVI and Nevis trusts case a 'dangerous game of double or quits' rules High Court judge
A few days later the UK company set up a remuneration trust (the First trust) for the benefit of its employees excluding Mr and Mrs Bhaur, to be funded by the transfer of the beneficial interest in the properties.
10/19/2021
The restated Protection of Investors (Bailiwick of Guernsey) Law
In headline terms, the categories of licensees, exemptions available and the definition of controlled investments have remained unchanged and, as such, the categorisation of existing legal structures are unaffected by the amendments.
10/19/2021
Termination of Cayman vehicles - advance planning to minimise 2022 fees
This is the preferred route as once the vehicle has been dissolved by voluntary liquidation, it cannot be legally re-instated by any interested party.
10/19/2021
Ogier's Guernsey Dispute Resolution team now one of the largest in the Island
The team of qualified lawyers also comprises Heidi Sandy, Nick Taitz, Zoë Beer, Margeaux Malherbe and Gareth Parr, together with paralegal Victoria Randall and current trainee solicitors James Hewlett and Andrew Tautscher.
10/19/2021
Carey Olsen supports Konfio
The most recent funding included a US$110 million extension to Konfio's Series E capital raise, which had already secured US$135 million.
10/19/2021
Bedell Cristin Head of Wills & Probate to speak at STEP Jersey 29th Annual Conference 2021
This will be a very welcome in-person event with plenty of networking opportunities.