Managers of Wealth Offshore

Malta not going after Pilatus clients for now

They are not seen as priority targets by the police

New rules for investment firms remuneration policies as of 31 July 2021 in Luxembourg

Specific rules apply in case the investment firm benefits from extraordinary public financial support.

An offshore perspective: The English Commercial Court’s decision in the SKAT “cum-ex” case and Dicey Rule 3

SKAT’s claim failed, at the trial of a preliminary issue, on the grounds that it was offensive to “Dicey Rule 3”, a rule which disallows claims for the enforcement, directly or indirectly, of the penal, revenue and public laws of foreign

Grand Court asked to choose one liquidator over another

The authors of this Blog take the view that arguments as to the identity of a proposed liquidator are generally invidious, and should therefore be avoided, save in exceptional circumstances, by offshore litigators.

Certificates of Lawful Use: An update on their uptake in the Guernsey residential market

The effect of a successful application for a Certificate of Lawful Use is to regularise an historic, unlawful change of use of land without having to obtain planning permission.

Jersey Funds Law Series - Jersey Private Funds

Jersey has a wealth of regulated administrators with experience in all asset classes able to provide the support and services of the DSP role.

Appleby Mauritius Advises IFC In Connection With The Financing Package Provided To Aspen Finance Propriety Limited

The matter involved a 600 million Euro financing package provided by IFC along with DEG

Queen's Counsel Appointment for Walkers' Colette Wilkins

There have been 27 Queen's Counsel appointments in the Cayman Islands since the first was made in 1982.

CIMA releases Related Fund Entity form for Cayman Islands Private Funds

The deadline for the filing of all relevant RFE forms by each Private Fund will be the same as the deadline for the filing of its FAR form.

Ogier advises Goldman Sachs International on US$1.3 billion transaction

The main investment areas for STEAŞ in Turkey are the trading and distribution of natural gas, petrol refining and distribution and the production and trading of petrochemical products.

Carey Olsen and Cavendish support Radix on Olympia mainnet launch

The Carey Olsen team advising Radix on the launch of both Olympia and Instapass was led by Chris Griffin

Walkers says Cayman reinsurance activity is doubling every 1.5 years

There had been three such entities in the Cayman Islands until that time, so these approvals effectively doubled the number of fully licensed Class D reinsurers with a physical presence on island.

Carey Olsen supports Capvis on the continuation vehicle for its third fund

The successful completion of this GP-led secondary transaction underlines the confidence in Capvis as a private equity investor

A fair share?: s238 shareholder disputes in Caymans’ privatised companies

As part of the merger regime and once the merger is approved at a general meeting, those shareholders who do not consider the price offered by the buyer group for their shares to be fair, have the right to dissent from the merger.

Economic Substance In Jersey: Frequently Asked Questions

This guide has some frequently asked questions or FAQs about the application of the Substance Law.

Appleby’s Hong Kong Office Shortlisted for “Best Offshore Law Firm” at the HFM asia service Awards 2021

Appleby has a well-established global investment funds practice with a strong reputation in Hong Kong advising on various specialist fund structures and particularly on Cayman Islands funds.

Walkers (Cayman) acts on Vector Acquisition Corporation's business combination with Rocket Lab to create a publicly traded end-to-end space company

Gross proceeds to Rocket Lab totalled $777 million, combining funds held in Vector Acquisition Corporation's trust account and concurrent PIPE financing.

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