Managers of Wealth Offshore

Jersey Company Law Series - Buybacks

This is the second in a ten-part series that provides practical guides to Jersey company law, with future pieces on corporate procedures, continuations and financial records.

Harneys advises Polaris on a US$27 million loan financing

Harneys previously advised Polaris on its 2018 acquisition of 100 per cent of the issued and outstanding shares of Union Energy Group Corp.

Introducing the Pricing Process: New ESMA Guidance on Fund Costs Reporting

It will need to be to put in place and maintained for new and existing funds.

Netherlands: A Centre for International Finance

From the introduction of the first real stock exchange in 1602 to its powerful merchant banks of the 1750s

Mourant Global Funds Update

These explore some of the implications arising from doing business during the pandemic, and how to overcome them from an offshore perspective.

Changes to Guernsey's Beneficial Ownership Regime

This Legal Update provides a high-level overview of some of those proposed amendments.

BVI Costs: An update on the recoverability of overseas lawyers' fees

The overseas lawyers are commonly instructed in the client's home jurisdiction (perhaps due to translation needs or conflicting time-zones), where the dispute originated or where assets are situated.

Best Lawyers recognition for seven Carey Olsen partners

Among the seven Carey Olsen lawyers recognised, Jersey partner John Kelleher was named 'Lawyer of the Year for Litigation in Jersey' – an additional recognition for those with the highest overall peer feedback for a specific practice area

Mourant is making redundancies within its property team as it refocuses its work on commercial, rather than residential sales.

Mark is one of the best known and leading property lawyers in Guernsey and will remain a close friend of the firm.

Dissolved Companies Restored to the Register - Implications for Director' Duties

This case provides useful clarity to directors that their fiduciary duties do not continue when the company has been struck off the Register. It also provides a reminder to directors of their fiduciary duties.

Schemes of Arrangement: A Restructuring Tool in the Cayman Islands

Alternative investment vehicles and/or businesses experiencing financial distress may wish to consider all available options, including the use of restructuring tools to protect their interests.

Carey Olsen advises States of Guernsey on COVID-19 financing response

Lawyers from Carey Olsen's corporate team in Guernsey have advised the States of Guernsey on its debut unsecured £225 million Revolving Credit Facility (RCF).

Covid-19: Holding the Line - Standstill Agreements and Moratoria

Offshore companies incorporated in Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, the Isle of Man, Jersey and Mauritius are no more immune to the effects of the pandemic

Choices of Law, Jurisdiction Must Be Clear

Ideally, a contract will contain both a “choice of jurisdiction” and a “choice of law” clause, the latter of which is sometimes also referred to as a “governing law” clause.

New game rules for non-resident companies

Today it is difficult to imagine the process of incorporating a legal entity even in offshore zones without identifying the ultimate beneficiary and the source of its funds.

Commercial Leases in Jersey - Practical Connsiderations Arising From New Guidance for the Covid-19 Period

For both landlords and tenants of commercial premises in Jersey there will be a number of factors to consider when agreeing upon any temporary rent relief arrangements

Investors launch legal claim against two life insurance giants

After they lose life savings in ‘high risk fund mis-selling’ linked to LMIM

Appleby Recognised By Citywealth Following Brand Refresh

The shortlist is based on submissions, judges’ recommendation and editorial research.

Cayman Private Funds Law: 7 August 2020 Hard Deadline

Governance, Valuation, Depositary, Audit & Registration Obligations: Urgent Action Require

Government Enhances Legislation for Exempted Limited Partnerships

The Cayman Islands Government is boosting the regulatory framework for financial services in the jurisdiction through legislation pertaining to exempted limited partnerships.