04/06/2020
If businesses are unable to weather the storm, directors should ultimately do all they can to ensure that their conduct in the run up to a formal insolvency process cannot be challenged or criticised.
04/06/2020
Normally those requirements do not cause too much of a problem, but in the context of COVID-19 they become quite challenging.
04/03/2020
The BVI Registry, the Financial Services Commission and other public offices remain in operation during the lock-down on a remote basis.
04/03/2020
A court order was issued today directing that money or property of the IOR be seized.
04/03/2020
This will enable corporate groups to issue their bonds in Switzerland without withholding tax hurdles.
04/01/2020
The Collas Crill team advised on all aspects of the project including advice on the development structure, lease agreement, funding, planning and construction.
04/01/2020
Guernsey's Revenue Service has introduced an online service for companies completing and submitting their corporate tax returns.
04/01/2020
The timing of the enactment of the Law was also fortuitous as it coincided with the popularisation of decentralised autonomous organisations (or DAOs), most of which utilise blockchain technology.
03/30/2020
Otherwise it has been a year of variety – our litigators have been involved in a broad range of large, complex contentious cases, including general commercial litigation, restructuring and insolvency, trusts, regulatory (including proceeds of crime
03/30/2020
It may be that, in view of current market uncertainties, an enhanced due diligence approach is required for certain types of transactions.
03/30/2020
It is not intended to be exhaustive but merely to provide general information to our clients and their professional advisers.
03/27/2020
The Jersey Financial Services Commission (JFSC) is now working remotely.
03/27/2020
In particular we will focus on the impact to filings, ability to conduct searches, certificates of good standing, other relevant searches, court sessions, travel restrictions and the implications for Economic Substance compliance and residency.
03/27/2020
The Amendment and the Regulations apply to trustees of Cayman Islands trusts wherever the trustee is located.
03/26/2020
The proposed schemes, promoted in Hong Kong and Bermuda, sought to compromise those debt securities with US$41.4 million paid upfront and new notes being issued to the value of the remaining debt.
03/26/2020
The team advised DBS on the debt and security structure from a BVI and Cayman Islands law perspective and assisted them throughout the transaction as offshore counsel.
03/26/2020
A request for judicial cooperation sent by Swiss prosecutors to a Spanish judge reveals multiple payments to Corinna Larsen, who used part of the money to purchase real estate
03/25/2020
The Court of Appeal held that the settlement agreement and its schedules were not subject to WP privilege.
03/25/2020
Switzerland has been a haven for hiding wealth for centuries, at least since the 18th century.
03/25/2020
Scammers posing as a legitimate charity foundation are hiring online customer service representatives that are required to do some groundwork in an initial stage.