Managers of Wealth Offshore

Bedell Cristin partner recognised by peers and clients at Citywealth’s IFC Awards

The IFC Awards seek to highlight the excellence of advisers and managers in the private wealth sector in major IFCs.

Walkers #1 in Chambers for Most Ranked Offshore Practice Areas

In the British Virgin Islands, Walkers' Insolvency & Dispute Resolution practice maintained its Band 1 rating.

Private Funds Law 2020

Under the Transitional Regulations, Private Funds have until 7 August 2020 to register with CIMA and comply with the Law (the 'Transitional Period').

Mutual Funds Law 2020

The requirements set out in the MFL will be implemented by way of additional regulations and guidance, which are expected imminently.

Shanda: Minority Discounts in S.238 Fair Value Proceedings

The Board upheld the CICA's ruling that, when determining the 'fair rate of interest' to be paid to dissenting shareholders, the Court should not use the principles applied when determining interest on an award of damages.

Sempacher Foundation V Lark Services INC. ET AL

Sempacher delivered its bearer shares to the Registered Agent stating that they were to be converted into registered shares.

Bahamas rejects Ontario Securities Commission bid to enforce $20m penalty

The Canadian regulator decided to impose the fine after a hearing panel concluded he acted in an "appalling" fashion and breached his duty to investors in a 2009 deal to buy management rights for a group of investment funds.

Important decision for directors of companies in 'soft touch' provisional liquidation

The liquidator alleged that a director of the Company had breached his statutory duties as a director of the Company under the UK Companies Act during the course of the administration.

Developments in Private Wealth and Estate Planning for People’s Republic of China Citizens and Residents

More than 80% of family enterprises in China are still controlled by the first generation of wealth creators and a massive transfer of assets to the second generation is just getting started.

The Changing Landscape of Litigation Funding in the Cayman Islands

In the Cayman Islands, the courts recognise that the common law must evolve to meet the needs of society.

Higgs & Johnson a ‘Culture of Collaboration and Excellence’

Ranked in the area of Real Estate in the Cayman Islands, clients express their appreciation for the ‘first-class turnaround time’.

Luxembourg update: Context of Brexit

During this transition period, EU laws and regulations will continue to apply in the UK and UK entities can continue to work in Luxembourg on the basis of their passporting rights.

Crypto-assets as property: Cayman litigators' tools to assist in their tracing and recovery

A wide variety of final remedies are available to the Cayman court.

Maples Group Number 1 Listing Agent on Cayman Islands Stock Exchange

There were 605 listings on the CSX in 2019 with the listing of specialist debt securities remaining the largest proportion of new listings, including CLO issuers, aircraft ABS and synthetic securitisations with the listing of PPNs remaining strong.

Calling all commitments – capital call security over debt commitments from a Cayman Islands perspective

The fund documentation itself does not typically need to deviate significantly from the customary documentation that is currently utilised, but some important considerations need to be borne in mind during the drafting stage.

Observations about the “linked property transactions” provisions of Cayman’s Stamp Duty Law

Stamp duty is a charge on “instruments”,[4] not transactions, and the Law sets out the classes of instruments that attract duty

Implementation of the Cape Town Convention in Bermuda

A right or interest of a category covered by the declaration made under Article 39(1)(a) of the Convention shall have priority over an international interest registered prior to the date of deposit of the United Kingdom’s instrument of ratification.

Partner Recognised In Spear's 500 2020

The professionals recognised within the list are considered to be leaders in delivering the highest quality service to clients.

The BVI Courts Appoint A Receiver To Take Control Of A PRC Judgment Debtor's Assets

This should enable the value of the shares to be maximised, and should therefore theoretically aid the enforcement of future judgments where assets are held in a BVI incorporated vehicle.

Appleby Global Services Celebrates First Year With 100 Structures In Bermuda- And An All-Bermudian Team

AGS Bermuda is led by Tim Faries and Tonesan Amissah.

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