Managers of Wealth Offshore

What do 'subject thereto' and 'share' mean in a trust instrument?

There have been two recent judgments in the Guernsey Court of Appeal on the construction of trust instruments.

In times of distress, orphans shine: a look at Cayman Islands and Irish orphan Special Purpose Vehicles

This is due to the nature of an orphan trust and the independence of its directors which provides an extra degree of comfort when making decisions on enforcing their transaction security.

DAC 6 Implemented into Cypriot Law

The AC21 Law operates as an amendment to the Law on Administrative Cooperation in the Field of Taxation 2012 and brings Cyprus up to date in the field of mandatory disclosure obligations under EU Law.

Cayman Islands releases its 2021 list of CRS reportable jurisdictions

Such agreements will either be in the form of the OECD’s Multilateral Competent Authorities Agreement or another type of exchange of information agreement.

Carey Olsen advises Emergent Capital on completion of its restructuring

Working alongside the transaction's lead legal advisers Kelley Drye & Warren LLP and Arthur Cox

Ogier advises Chinese issuer Shui Fa Group in US$200 million green bond offering

The company's green bond framework outlines the group's approach to developing a "green business" as well as financing environmentally-friendly projects.

Staff Working in Another Jurisdiction – Employment Law and Practical Issues for Jersey and Guernsey Businesses

This has led to an increase in staff making requests to be allowed to work from a base outside their employer’s home jurisdiction.

Snapshot: arbitration in the British Virgin Islands for Asia-based parties

Asian companies, investors, and high net worth individuals have been among the most frequent users of the BVI Courts and BVI legal practitioners for many years.

JTC Guernsey Supports CEIBA Investments Limited on Successful Bond Issuance

During the present year, CEIBA will celebrate the 25th anniversary of its Cuban investments and operations.

Maples Group's London Funds & Investment Practice Wins Two Industry Awards

The Maples Group has been operating in London for over 20 years and its London office continues to be a strategic location, serving as an important European hub for its international client base.

Ogier partners singled out for continued excellence in Legal 500 Hall of Fame

It also demonstrates growing recognition of Ogier's capabilities in a highly competitive environment.

Bermuda Offers Economic Investment and Residential Certificates Under New Policy

The Economic Investment Certificate is valid for five years, after which holders are eligible to apply for the Residential Certificate.

The Grand Court of the Cayman Islands confirms the midpoint approach for the fair rate of interest under section 238(11) of the Companies Act

The fair value of the shares in the company was determined at trial in 20192 as US$31.20 per ADS.

Carey awarded UK Corporate Services Team of the Year

Its awards programme aims to identify and reward excellence in the hope to inspire others to further improve their own performance.

Appleby Mauritius Advises In Structured Finance Deal Of US$363 Secured Notes Issued By Clean Renewable Power PTE

The Notes were listed on the Singapore Exchange Securities Trading Limited.

KBR in the UK and GGC in Jersey: Regulatory Investigations with Extra Territorial Issues:

This short papers seeks to review the relevant legal principles by way of two short case studies featuring litigation in both Jersey and the United Kingdom.

The Black Swan Flies Again: Current Status of Interim Standalone Relief in Support of Foreign Proceedings in the BVI

This article seeks to set out the background to the decision in Broad Idea and the recent introduction of legislation to place so-called Black Swan relief on a statutory footing.

Bahamas Purpose Trusts and Cayman STAR Trusts: Kindred Spirits with Differences

Purpose trusts have become more popular because of their various estate planning and commercial uses, such as holding high-risk assets, creating dynasty-style trusts for the purpose of holding family assets, or where the information rights of beneficiarie

The Right to Disconnect in Ireland: New Code of Practice Published

The purpose of the Code is to provide practical guidance for employers and employees to agree working arrangements, appropriate to their business, that maintain clear boundaries between work and leisure.

Carey Olsen's Cayman Islands office launches its articled clerk program

The program will provide hands-on training to Caymanian articled clerks in the types of legal work the firm undertakes and the opportunity to develop the skills necessary to succeed in a career as an attorney.