Managers of Wealth Offshore

Fraud unravels everything – how the BVI Courts can assist

To secure assistance from the BVI Courts in tackling fraud, there must be a nexus to the BVI that engages the Court’s jurisdiction.

Walking the tightrope - Illegally obtained evidence, privilege and the iniquity exception

In this case, the Respondent contested an application for the appointment of a liquidator on the basis that it was initiated for an improper purpose ie a conspiracy against it.

Harneys listed as a top offshore law firm

Eprivateclient praises offshore law firms for playing a vital role in the global private wealth sector during the unprecedented times of the past year, where the need for sophisticated private wealth structures has been at a high.

NORTHSTAR FINANCIAL SERVICES (Bermuda) INVESTMENT RECOVERY: KlaymanToskes Investigates Investor Losses

Investors are now suing their broker-dealers after the company’s bankruptcy and liquidation in which they allege that their financial advisors misrepresented Northstar Financial Services (Bermuda) as a safe, low risk product like a CD that had guara

Walkers acts in global merger

The company's revenue is reported to have increased fivefold in 2020, and is expected to grow again by about four times in 2021.

Harneys advises on the acquisition of Grail Insights by Symphony Technology Group

As BVI counsel acting for Symphony, Harneys acted for the buyer on the BVI corporate elements of the acquisition and on its financing arrangements

Court finds that reflective loss principle applies in Guernsey

With regard to the first issue, the Bailiff considered at length the Supreme Court's decision in Marex and other relevant English authorities.

MOrsel: A tale of 2 cases

Remember though that in certain circumstances of ill health, socialising may be appropriate; these cases will always turn on their own facts.

The Betamax Case: The Aftermath

The case has important ramifications regarding the scope of a court in deciding whether to set aside or refuse to enforce an international arbitration award on the basis that it conflicts with public policy.

Brexit: less than 10 days to request a new residency permit

Tick Tock! Reminder to British Citizens Living in Luxembourg: Less than 10 days remaining to request a new residency permit before 30 June 2021

BVI Commercial Court discharges injunction in hard-fought BVI proceedings arising out of high-value arbitration

The Judge's willingness to rely on the terms of an award against a non-party on an interlocutory basis may have wide-reaching implications given the increasing popularity of arbitration in the BVI.

Carey Olsen advises FSN Capital on latest mid-market fund launch

The fund, which was oversubscribed and closed above its original hard cap, will continue FSN Capital's proven investment strategy of targeting control buyout investments of mid-sized companies in Northern Europe.

Multi-Juridictional Maples Team Advise Everarc on $2 Billion Acquisition

The Boards of Directors of EverArc and the company have each approved the proposed transaction which is expected to close in Q4 2021 and is subject to customary conditions.

BVI Corporate Director: Who are you responsible for if your company struggles with cash flow?

Under these circumstances, it is necessary to confirm the obligations of directors.

Walkers' Jersey and Guernsey Teams Combine on Corporate Restructuring for Real Estate Holding Structures

The Walkers Banking and Finance team included group partners Jon Le Rossignol and Kim Paiva, senior counsel Julia Keppe and associates Alice Wight and Pascalle Palmer.

Snapshot: enforcement against personal property in Guernsey – arrêts and désastre

The arrest is usually carried out by way of an inventory and the debtor's undertaking not to dispose of the assets listed.

GUERNSEY: Update on sanctions following Brexit

Guernsey shifted from following the EU’s framework to the UK in this area, which has led to additional changes and simplification to the local regulations.

Mourant advises on significant redomiciliation Scheme of Arrangement

Prior to the Scheme, the shares of EMC were listed solely on the TSX. The new listing will reportedly see Endeavour become the largest pure gold producer on the premium segment of the LSE.

Jersey Advocate launches a new and next generation family law firm

With the average divorce costing tens of thousands of pounds and trends showing a significant increase in the number of enquiries throughout the pandemic, Carly, who is listed as a Legal 500 recommended lawyer, identified a gap in the market.

Collas Crill Explains… Payment of Dividends and Distributions by a Guernsey Company

The 'maintenance of capital' rule is significantly relaxed in Guernsey, allowing for dividends and distributions to be paid from a far wider range of sources.