06/24/2021
SPACs and traditional IPOs: An offshore perspective
Offshore jurisdictions have long been a popular choice for listing vehicles and feature prominently on over 20 exchanges worldwide.
06/24/2021
A charging order was obtained last Autumn over shares in a BVI company owned by the judgment debtor.
06/24/2021
This is the third IPO Lily and Raymond have advised on together this month.
06/23/2021
The process involves the recognition of the office holder by the Royal Court which enables the holder to collect in assets in Guernsey and, if necessary, take further steps to protect the assets of the liquidation estate.
06/23/2021
The decision also serves as a reminder of the importance of an applicant's duty of full and frank disclosure and fair presentation in an ex parte hearing and the dangers of breaching that duty.
06/23/2021
To secure assistance from the BVI Courts in tackling fraud, there must be a nexus to the BVI that engages the Court’s jurisdiction.
06/23/2021
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.
06/23/2021
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.
06/22/2021
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
06/22/2021
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.
06/22/2021
As BVI counsel acting for Symphony, Harneys acted for the buyer on the BVI corporate elements of the acquisition and on its financing arrangements
06/22/2021
With regard to the first issue, the Bailiff considered at length the Supreme Court's decision in Marex and other relevant English authorities.
06/22/2021
Remember though that in certain circumstances of ill health, socialising may be appropriate; these cases will always turn on their own facts.
06/22/2021
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.
06/22/2021
Tick Tock! Reminder to British Citizens Living in Luxembourg: Less than 10 days remaining to request a new residency permit before 30 June 2021
06/22/2021
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.
06/22/2021
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.
06/21/2021
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.
06/21/2021
Under these circumstances, it is necessary to confirm the obligations of directors.
06/21/2021
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.