Managers of Wealth Offshore

The 2024 end of year wrap up: Channel Islands employment edition

In October 2024, the prescribed minimum wage for adult employees (i.e. aged 18 and over) increased to £12 per hour

Carey Olsen advises Digicel on sale of majority stake in Cricket Sporting Investments Ltd.

The Carey Olsen Bermuda corporate team advising DGHL comprised Steven Rees Davies as responsible partner and Alex Collis as lead counsel

Appleby announces acquisition of fiduciary services company in Seychelles – expanding global reach with enhanced service offering in key jurisdiction

This strategic acquisition further strengthens Appleby’s global footprint and expands its ability to provide comprehensive fiduciary services to clients worldwide.

Appleby sponsors [RE]Connect Reinsurance Conference in the Cayman Islands

The team at Appleby are looking forward to attending the Conferencel, which will bring together industry experts and explore Cayman as a growing reinsurance jurisdiction.

Appleby announces acquisition of fiduciary services company in Seychelles – expanding global reach with enhanced service offering in key jurisdiction

This strategic acquisition further strengthens Appleby’s global footprint and expands its ability to provide comprehensive fiduciary services to clients worldwide.

Schemes of Arrangement under Guernsey Company Law – a vastly flexible mechanism

This can be a significant advantage over traditional takeover and reliance on squeeze-out provisions under the Companies Law.

John Gray to face Cayman Prep in the Cayman Collas Crill Moot final

The final will once again take place at the Grand Court in George Town.

BVI Business Companies Act and Beneficial Ownership Regime Changes in Force 2 January 2025

The Amendments came into force on 2 January 2025 and a six-month transitional period applies for existing BVI companies.

Carey Olsen maintains status as leading TISE listing agent for ninth consecutive year

COCFL acted as listing agent on 40% of all classes of securities listed on TISE in 2024.

Maples Group Partners with Aerlytix to Bring Cutting-Edge Technology to Aviation ABS

The Maples Group is the first managing agent to embrace digital aviation ABS management by leveraging the cutting-edge Aerlytix platform

Avolon Holdings Limited US$850 Million Private Offering

The notes are fully and unconditionally guaranteed by Avolon, and by certain of its subsidiaries.

Harneys changes of names and addresses

Harneys hopes that these changes will assist its clients and the public better differentiate between the associated law firms within the Harneys Group.

Bermuda: Expect a Crazy Start to 2025 After Another Record Year

In light of this, we spoke with Adderley about what to expect in the opening months of 2025.

Sukuk and Debt Capital Market: 2024 Highlights

These highlights are a testament to Walkers' commitment to delivering exceptional results in the Sukuk and Debt Capital Market space for our clients and industry stakeholders.

Harneys closes 2024 with completion of three Hong Kong IPOs

The Harneys team comprised Partner Raymond Ng

Financial services hit with higher fees in festive legal notice bonanza

Eight legal notices listing higher supervisory fees were published on Christmas Eve

Myron Simmons disbarred for improper conduct

The notice said that during the period, he had received $52,000 from Gena and Richard Robinson

Despegar US$1.7 Billion Acquisition by Prosus

Partner Anton Goldstein and Associate Jack Irwin of Conyers’ BVI office advised on the transaction, working alongside A&O Shearman, as US counsel to Despegar.

Harneys advises SEALSQ, a NASDAQ listed company, on its placement and issuance of US$60 million in new shares

These offerings have garnered significant investor interest, reinforcing SEALSQ’s financial position and growth strategy.

An overview of the types and uses of Jersey law trusts

A trust is a legal arrangement which distinguishes between the legal ownership and the beneficial ownership of property.

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