03/21/2021
Vector Capital's previous SPAC (Vector Acquisition Corporation) recently raised US$300 million in September 2020 and is pending an acquisition of Rocket Lab.
03/19/2021
Breach of fiduciary duties: Privy Council intervenes in findings of fact of lower courts
The Board overturned the decisions of both lower courts, finding that there was no evidence that the Respondent ceased to be a de jure director and that she had acted in breach of her fiduciary duties as a director.
03/19/2021
Ireland’s Investment Limited Partnership Reform – The Future Looks Bright
The Act is intended to modernise Ireland’s existing legal framework applicable to regulated investment limited partnerships (ILPs) bringing it in line with comparable partnership vehicles available in other leading fund jurisdictions.
03/19/2021
These amendments are set to enhance further the BVI's standing as a leading jurisdiction for trusts and private client business.
03/19/2021
If consummated, the current proposed merger would see the two founders of the company assume private ownership of Newater together with a PRC investor.
03/19/2021
The Court also cited the Cayman Islands Court of Appeal decision in Weavering v Peterson and Ekstrom stating that as a matter of procedure
03/19/2021
Phil and Josh discuss some expected changes to the legislation, including limited partnerships registered in the BVI without legal personality being brought within the regime.
03/18/2021
Diversity of talent is integral to providing our clients with the best services and solutions through the contribution of diverse perspectives.
03/18/2021
Anti-Money Laundering Laws and Penalties in the UAE
This article will discuss the most salient aspects of the AML Law as well as any penalties flowing from its contravention.
03/17/2021
Cayman Islands under scrutiny by task force
The amendments include the removal of the Cayman Islands from the list of equivalent jurisdictions and its addition to the list of countries and territories which may present a higher risk of money laundering and terrorist financing.
03/17/2021
This guide covers common issues in M&A laws and regulations
03/17/2021
The restructuring of Luckin Coffee is intended to be implemented by way of a scheme of arrangement, to be sanctioned by the Cayman Islands Grand Court, with certain milestones being set out in the RSA that must be achieved for it to proceed.
03/15/2021
Common law recognition of foreign insolvency proceedings survives in the BVI, and assistance is statutory
The Court ordered the Trustee in bankruptcy to take steps in the BVI to register himself as shareholder of Net International in accordance with the company’s articles.
03/15/2021
The pair, who are awaiting trial, faces around 80 counts of conspiring to obtain money under false pretenses, according to prosecutors.
03/15/2021
A problem that often arises in offshore practice is the need to take action against, or in the name of, a company that has been struck off or dissolved.
03/15/2021
The Jersey Tribunal found that it could not intervene in a failure to claim under the co-funding scheme; it had to consider the terms of the contract and whether there had been a breach of contract by the employer.
03/15/2021
The acquisition, which is proposed to be implemented by means of an Isle of Man law-governed scheme of arrangement, values the entire issued and to be issued share capital of RDI REIT at approximately £467.9 million on a fully-diluted basis.
03/12/2021
The Court ordered the Trustee in bankruptcy to take steps in the BVI to register himself as shareholder of Net International in accordance with the company’s articles.
03/11/2021
Swiss lawmakers have agreed to revise the money laundering law but have rejected new rules for lawyers, notaries and other consultants.
03/11/2021
This order is significant because BVI courts have been reluctant to grant committal orders, much less against personal judgment debtors outside the BVI.