10/31/2019
A Timely Reminder To Professional Trustees Of Their Duties- A Caribbean Perspective
Collas Crill can assist with any queries related to new or existing trust structures, whether in the BVI or the Cayman Islands.
Legal
10/31/2019
Supreme Court upholds first successful claim for breach of the so-called "Quincecare" duty of care
The Supreme Court's judgment in this case follows hot on the heels of the Court of Appeal's refusal to strike out a Quincecare duty claim in JPMorgan Chase Bank
10/31/2019
Maples Awarded for Groundbreaking Deal
Maples and Calder advised on a total of 7 deals which were nominated for this year’s awards
10/31/2019
Ogier advises on tech investment in Guernsey
An Ogier team led by Group Partner Tim Clipstone advised on the corporate law elements of the transaction.
10/31/2019
Keep Calm and Be a (Black) Swan – Standalone injunctive relief
The BVI Court is well known to be solution driven and in 2010 in the case of Black Swan Investment ISA v Harvest View Limited BVIHC (Com) 2009/399, resolved this problem.
10/31/2019
Fiona Chan To Discuss Economic Substance At The Asian Wealth Solutions Forum 2019 In Singapore
She is also a member of Appleby´s Global Technology & Innovation Group and Economic Substance focus group.
10/30/2019
Sharia law and the applicable inheritance rules
These are the trends that have led particularly to women seeking our assistance and expertise.
10/29/2019
Cayman Islands Stock Exchange - Continuing Obligations for Issuers with listed Specialist Debt Securities
The Briefing sets out certain of the continuing obligations which an issuer is required to observe once its securities have been admitted to listing.
10/29/2019
Carey Olsen donates more than £32,000 to two Guernsey charities
Staff at Carey Olsen have donated more than £32,000 to two Guernsey charities – the Guernsey Child Contact Centre LBG and the Cardiac Action Group.
10/29/2019
Offshore V Onshore for Fund Domiciliation
As a funds, corporate and regulatory lawyer with experience in both onshore and offshore firms, Dilmun described the market and lifestyle opportunities found in Jersey; an international financial centre with over 170 fund managers marketing into Europe an
10/28/2019
Use of trusts in succession planning in Hong Kong
The extent of powers and functions given to a settlor, a protector and the trustee are therefore one of the most critical decisions to make when setting up a trust.
10/25/2019
BVI Substance Video Series - 7: Substances Requirements For Pure Equity Holding Companies
Throughout this eight part series we are examining the background and implications of the Economic Substance
10/25/2019
FATF guidance on Beneficial Ownership for Legal Persons
The report also makes recommendations on how to ensure authorities can access information on beneficial ownership of overseas entities.
10/25/2019
Can a contract for the sale of land be “signed” by email?
This case is a reminder that care is needed so as not to inadvertently become contractually obliged to proceed with a transaction before a party intended the terms to be final.
10/25/2019
Finra Fines BNP Paribas $15 Million Over Money-Laundering
This matter arose out of firm examinations conducted by FINRA’s Department of Member Supervision and referred to Enforcement.
10/25/2019
Walkers Grows Largest Offshore Regulatory Practice Group
The group is strategically positioned across the Americas, Europe and Asia to ensure the most comprehensive and global coverage for clients.
10/24/2019
The Cost Consequences Of Not Expressly Marking Correspondence "Without Prejudice"
The "Without prejudice" rule applies to exclude from evidence all negotiations genuinely aimed at settlement of a genuine dispute, whether oral or in writing.
10/24/2019
Powers of attorney supporting the typical security package: a Cayman/Luxembourg comparison
The issues described above remain relevant where the Cayman fund is a limited liability company or an exempted company, adopted to the prevailing structure as necessary.
10/24/2019
Carey Olsen advises on Main Market listing for JP Morgan
The Guernsey registered company's initial placing raised £148.9 million
10/24/2019
Economic Substance Requirements—What Should BVI Entities be Doing Now?
However, on July 23, 2019, the FHTP published the results of its review of the BVI’s legislation, together with that of a number of other jurisdictions.