08/17/2021
Jersey Funds Update – Summer 2021
As the international regulatory position in relation to sustainable investments evolves, the Jersey Financial Services Commission (JFSC) is also updating and adapting the Jersey requirements.
Legal
08/17/2021
STAR Trusts: The Grand Court interprets the meaning of the word 'obsolete' in the Cy-près doctrine
The Chief Justice's reasons for his decision provide helpful guidance to trustees and enforcers of STAR trusts
08/17/2021
Ogier represents New Frontier Public Holding
Under the terms of the agreement and plan of merger, on completion, a newly established company controlled by the investor consortium will merge with NFH
08/16/2021
Harneys advises Ping An
Harneys’ associated corporate and fiduciary services arm, Harneys Fiduciary, provided registered office services.
08/15/2021
Liquidation Expenses: The Use of Trust Property for Payment
Pacifico is a Bahamas based broker dealer registered with the Securities Commission of The Bahamas since 2012.
08/13/2021
Cayman Court clarifies the test for the appointment of provisional liquidators
In summarily dismissing the applications, the Court has confirmed that it is a serious step to appoint provisional liquidators and that there is a heavy and onerous burden on those that seek such orders.
08/13/2021
Walkers Acts as Cayman & Jersey Counsel on a Refinancing of Pharos Energy’s RBL Facility
Alongside transaction counsel to the Banks, Herbert Smith Freehills (led by partners Will Breeze and Gabrielle Wong supported by Anita Gulanikar, Charlotte Croney, Josh Hearn and Ahu Yalgin.
08/13/2021
Ogier advises Nova Vision Acquisition Corp
The Ogier Corporate team has significant experience on the formation and listing of SPACs and alternative IPO techniques.
08/12/2021
Norman Hau and Anna Lin Recognised in ALB’s “Top 15 Offshore Litigators 2021”
Both Norman and Anna are integral members of our Hong Kong team and are deserving recipients of this recognition.
08/12/2021
Ogier shortlisted for three ALB Hong Kong Law Awards 2021
The ALB Hong Kong Law Awards are the pre-eminent legal awards in Asia and honour the outstanding performance of private practitioners and in-house teams in the region.
08/11/2021
Appleby Bermuda Awards 2021 Scholarships and Bursaries
The Legal Education Scholarship is an annual scholarship for a Bermudian student studying law who plans to return to Bermuda to practice.
08/10/2021
The Privy Council clarifies operation of the rule in Prudential (the rule formerly known as the reflective loss principle)
The Privy Council left open the merits threshold test because it was not necessary to decide this point in light of the other findings.
08/10/2021
Cayman Islands: Private Funds Fund Annual Return Form Released
Our Accounting, Tax & Agency Services team can provide FAR services that include on-boarding, assistance with FAR preparation, and ongoing feedback and consultation on completing the FAR.
08/10/2021
How a convicted criminal can buy a famous English football club
The Magician” is Christopher Samuelson, a football dealmaker and offshore finance specialist.
08/10/2021
Another attempt to re-write history: the limits of Jersey's remedies for mistake
The Former Trustee had obtained tax advice from a firm of chartered accountants in December 2011 and January 2012 in connection with the proposed transaction.
08/10/2021
Guernsey’s Data Protection Regulator Approves New EU Standard Contractual Clauses
The New SCCs issued by the Commission take into account and reflect the Schrems II judgement, and ensure a higher level of data protection.
08/09/2021
Latham & Watkins advises ARA
Cross-border team advises on the US$5.192 billion transaction.
08/08/2021
English Court of Appeal holds s236 Insolvency Act Examinees Immune from Suit
The respondent unsuccessfully contested the application to amend at first instance on the basis that the amendments arose out of the information given in the s236 examination.
08/06/2021
Guernsey’s proposed ‘Lasting Powers of Attorney’ law
The Law has been registered at the Greffe having received Royal Assent, but has not yet been commenced.
08/06/2021
Viberts awarded Lexcel accreditation for the 10th consecutive year
Viberts was the first Jersey law firm to obtain the Lexcel accreditation and continues to be one of only a few firms on the island to hold this acclaimed award.