08/23/2019
The right of privilege against self-incrimination: Volaw v Comptroller of Taxes
Volaw itself had also been under criminal investigation relating to the services it provided to Mr Larsen.
Legal
08/23/2019
Court orders fraudster King to pay £320,000
On Thursday in front of the Royal Court’s Superior Number, which convenes for the most serious cases, Crown Advocate Matthew Jowitt, prosecuting, applied for a confiscation order under the Proceeds of Crime (Jersey) Law.
08/22/2019
UBS banker Scott Hapgood doesn’t think he’ll get a fair trial in Anguilla
The UBS financial adviser — set to stand trial for manslaughter on the tiny Caribbean island — has claimed that resort hand Kenny Mitchel, 27, showed up at his family’s room at the five-star Malliouhana hotel on April 13
08/22/2019
Cayman investment funds sue Argentina over bond payout
The bond issuer in turn claims that one of the conditions for the payment was not met.
08/22/2019
Guidance from the Grand Court: Payments on account of costs, damages and costs in anti-suit cases
The judgment follows a protracted dispute in which Mr Al Sadik's claims were dismissed at every level up to and including the Privy Council.
08/21/2019
Seven lessons on insolvency for incoming trustees from the Z Trusts litigation
The implications of the judgments for incoming trustees are significant, and should prompt a review and update of procedures undertaken when considering taking on the trusteeship of an existing trust.
08/21/2019
New show and tell regulations for Cayman trustees
The Registrar of Trusts is now obliged to share information to allow regulatory and enforcement bodies to discharge their functions, and there are powers which give competent authorities the ability to request information.
08/21/2019
Government reports on anti-money laundering progress
Failure to do so could result see Cayman blacklisted with the FATF imposing a remediation plan.
08/21/2019
Luxembourg Publishes Draft Law on DAC 6
This directive is the latest effort by the EU to increase tax transparency and information exchange.
08/21/2019
Appleby Helps Over 1,500 Clients With Economic Substance Tool
We pride ourselves in providing comprehensive, multi-jurisdictional legal advice at the times most beneficial to our clients
08/21/2019
Keystone Law Isle of Man’s Gillian Christian shortlisted as Citywealth Professional Services Woman of the Year
The award for Woman of the Year in Professional Services recognises senior women in the professional services sector who have attained a substantial leadership position.
08/21/2019
Economic substance rules – an update
The so-called Economic Substance Requirements of the European Union Code of Conduct Group were translated into legislation in certain non-EU jurisdictions from 1 January 2019.
08/21/2019
Maples Group Jersey Expands To New Office Location
The team have been involved in a number of landmark private equity transactions this year
08/20/2019
Appleby represented HSBC in a GBP 7 billion longevity swap
Partner Gary Harris led this transaction, with assistance from Partner Brad Adderley and Associate Shannon Cann.
08/19/2019
Delaware Courts revive Unaffected Trading Price as indicator of Fair Value
The case concerned the acquisition of Jarden Corporation (the Company) by Newell Rubbermaid Inc at a price of $59.21 per share (consisting of cash and Newell stock).
08/19/2019
Carey Olsen supports Apeiron on sale of prime London student housing accommodation
Working alongside UK counsel Mishcon de Reya, the Carey Olsen team advising Apeiron on the sale of Poland House was led by partner David Crosland, assisted by senior associate Vicky La.
08/19/2019
Named and shamed: The implications of appearing on the EU's sanctions list
The sanctions list represents a vital component of the EU's aim to implement a unified and autonomous foreign policy
08/19/2019
CSSF opens online portal for mandatory notifications in relation to Brexit
Any date indicated in the "Brexit Notification" forms is based on the assumption of a withdrawal of the United Kingdom from the European Union without the conclusion of a withdrawal agreement (no-deal Brexit) occurring on 31 October 2019.
08/19/2019
Fitness and Probity in the Central Bank of Ireland's Crosshairs
Throughout 2019, the Central Bank of Ireland has been turning up the dial on the need for Regulated Financial Service Providers to adhere to its fitness and probity regime.
08/19/2019
Angela Atherden recognised as a rising star in aviation finance
Angela was also involved in advising two new issuers in 2018