Managers of Wealth Offshore

Carey Olsen advises on £55 million sale of Trafalgar Court

The deal was undertaken via the sale of all of the issued share capital of a special purpose vehicle wholly owned by Stenprop.

Mourant Regulatory Update - Guernsey

The proposed amendments to the Insurance Laws transfer the enforcement, sanctions and penalty provisions from those laws into the new 2020 Enforcement Powers Law

Mourant Trainee winner at Jersey Finance Rising Stars Awards

The Rising Stars Awards recognise and reward the achievements and successes of young talent within the Jersey finance industry.

Carey Olsen has been named a finalist for Best Offshore Law Firm at the HFM Asia Services Awards 2021.

The offshore category is one of 31 awards to be decided upon by HFM's independent judging panel of CEOs, CFOs, COOs, and General Counsel from leading hedge funds.

Tumas distances itself from ex-CEO Yorgen Fenech's money laundering case

Group says it is taking allegations 'extremely seriously'

Carey Olsen Bermuda advises Coralisle Group on Massy United Insurance acquisition

The Carey Olsen team, which acted as lead counsel to Coralisle Group, comprised partner Mary Ward, senior associate Max Tetlow and associate Alexandra Fox. RBC Capital Markets acted as financial adviser to Coralisle Group.

Corbett Le Quesne Defends Title at Family Law Awards

It is widely recognised as a leading family law firm in the island.Advocate Corbett commented “To be shortlisted this year after winning last year is a very pleasant surprise.

Bedell Cristin is proud to be Platinum sponsor of the 2021 INSOL Channel Islands seminar

The event is one of the largest gatherings of insolvency professionals in the Channel Islands and this year it is being held in Jersey on 14 September.

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.

Legal