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Legal

10/21/2020

Arrest warrants issued for founders of Panama Papers firm: report

The Panama Papers, a massive data leak in April 2016, exposed widespread tax avoidance and evasion

10/21/2020

Ogier advises CPP Investments on sale of Phase One, Nova Victoria

Advising on the corporate and finance aspects of this transaction, partner Katrina Edge was assisted by managing associate Kate McCaffrey and associate James Whiteside.

10/21/2020

Local firms achieve top tier rankings in UK legal directories

The latest Legal 500 UK guide has also placed Mourant in Tier 1 for a total of 12 practice areas across the competitive Channel Islands market

10/20/2020

Russell Layton returns to Jersey Arts Centre with new exhibition

In this new series of limited edition prints, Russell places our modern selves within scenes captured by historic Jersey photographs sourced from the archives of Jersey Heritage and the Société Jersiaise.

10/20/2020

Carey Olsen Bermuda announces recipient of first ever pupillage training contract

Carey Olsen Bermuda managing partner Michael Hanson said: "We commenced our inaugural law student bursary last year and we're pleased to follow that up this year with our new pupilage training contract."

10/19/2020

Bedell Cristin success in putting Jersey property companies into English administration

The Bedell Cristin team comprised Jersey litigation partners Edward Drummond, Robert Gardner and associate Jordan Constable, with financial services support from global managing partner Tim Pearce and senior associate Antony Clerehugh.

10/19/2020

Carey Olsen advises Take Blip as Warburg Pincus invests US$100 million

Supporting Brazilian law firm Ulhoa Canto, the Carey Olsen team comprised partner Alistair Russell and associate Jenna Willis and advised Take Blip on the establishment of the Cayman structure and the financing arrangements with Warburg Pincus.

10/19/2020

Snapshot: Determining whether a petition debt is disputed on substantial grounds

That body of case law has been swelled in 2020 by a number of decisions of the Grand Court which provide further guidance as to whether a petition debt is to be considered genuinely disputed on substantial grounds, requiring that the creditor's windi

10/19/2020

Mourant stages first hybrid trust conference

The seminar will consider both the lines of attack that may be made invoking these principles

10/19/2020

Justin Rhule named 2020/2021 Recipient of Conyers Legal Education Award

Conyers Cayman’s Legal Education Award awards students with a US$25,000 for the first year, renewable for a maximum of three further years, subject to satisfactory academic progress.

10/19/2020

Bermuda, Nevis and BVI linked to massive fraud case against Texan billionaire

Prosecutors claimed that Brockman used a family charitable trust and offshore firms based in Bermuda and Nevis, as well as bank accounts in Bermuda, Switzerland and the British Virgin Islands

10/19/2020

Mourant identified as leading service provider

Data, analytics and insights provider Preqin has listed a local firm as a global leading provider in alternative assets.

10/18/2020

Walkers (Cayman) acts on Vector Acquisition Corporation's $300 Million Initial Public Offering

Deutsche Bank Securities Inc. and BofA Securities, Inc. acted as joint book-running managers for the offering.

10/18/2020

“Magnitsky-style” human rights sanctions now in the UK Overseas Territories

The activities could be carried out by a State or non-State actor.

10/16/2020

Majority Ruling of UK Supreme Court Sheds Light on Questions Concerning Law of Arbitration Agreements

The decision could well be relevant in the Cayman Islands which presently lacks a designated arbitration institution, the consequence of which being that many Cayman arbitrations are seated abroad.

10/16/2020

Walkers Advises Spirit Airlines on US$850 Million Senior Notes Offering Backed by Loyalty Scheme and Brand IP

The notes offering was structured through bankruptcy-remote Cayman Islands entities and has allowed Spirit to tap into its high-value loyalty programs to raise capital through its own private offering rather than participating in the U.S. Treasury’s

10/15/2020

Higgs & Johnson Ranked in the Top Tier by IFLR1000

Higgs & Johnson attorneys are also ranked by IFLR1000 in the ‘highly regarded’ and ‘rising star’ categories.

10/15/2020

Cayman Government Proposes Legislation to Operationalise LLP Regime

The Cayman Islands Government will propose legislative changes relating to limited liability partnerships (LLPs), prior to the legislation becoming operational this year.

10/15/2020

Walkers Hong Kong Advises on numerous ECM Deals

Hong Kong partner Jo Lit has led the Walkers team in the following transactions.

10/15/2020

Maples Advises on US$8.7 Billion Take-Private of 58.com

A multi-disciplinary team based in the Group's law firm in Hong Kong acted as Cayman Islands counsel to the buyer consortium.

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