03/03/2019
UPDATE – Amendments to Bermuda’s Economic Substance Legislation
Registered entities which believe they may be undertaking IP business should seek legal advice regarding the changes to enhanced IP economic substance requirements.
Legal
03/03/2019
Man City face transfer ban as FA investigates claims club used illegal third-party ownership scheme to buy South American kids
Allegations that club used a company in the Cayman Islands to hide investment fund came after Football Leaks shared documents
03/01/2019
Higgs & Johnson Commended as a Highly Acclaimed Firm by Chambers Global
The real estate team is highlighted by commentators as being “very responsive and thorough” and “able to deliver amazing results on seemingly impossible deadlines.
03/01/2019
Ogier advises LionRock on acquisition of Inter Milan stake
We are delighted to have acted for LionRock
03/01/2019
Appleby acts as BVI and Bermuda Counsel to InfraRed NF in its USD 92.2 million mezzanine financing deal
The loan will be used by Fullsun International to fund further construction and the acquisition of projects from smaller developers to support the further growth of the company.
03/01/2019
Appleby contributes five chapters to Global Legal Insights - Fund Finance 2019
Appleby provided five chapters to the Global Legal Insights - Fund Finance 2019 Guide.
02/28/2019
Cayman Islands: Summary Of Creditors' Rights In A Cayman Islands Liquidation
The specific rights of secured and preferred creditors, as well as creditors with rights of subordination, set-off or netting arrangements are addressed below.
02/28/2019
At A Glance Guide to Jersey Schemes of Arrangement
Our latest At A Glance guide covers Jersey Schemes of Arrangement
02/28/2019
Carey Olsen advises on growth debt fund
Kreos has already started to deploy capital from the fund and expects to commit some €250 – 300 million per annum over the coming years.
02/28/2019
Carey Olsen raises more than £41,000 for two Jersey charities
The charities, which were chosen by staff to benefit from the firm's fundraising activities for a two-year period, were each presented with a cheque for £20,889.31 by the Carey Olsen Jersey charities committee earlier this month.
02/28/2019
HMT advisory notice on money laundering and terrorist financing controls in overseas jurisdictions
FATF regularly publishes statements that identify high-risk countries based on assessments of their AML/CTF regimes.
02/28/2019
Corporate governance lessons and a wider view of directors' duties
Regulators and auditors of course play their part in providing external checks on companies
02/28/2019
Mauritius Government prioritises regulation of technology sector
The FSC considers Cryptocurrencies as being a sub-category of Digital Assets.
02/28/2019
EU Parliament Urges to Abolish 'Golden Visas' for Foreign Investors
Dariusz Rosati, a member of the European Parliament from Poland, in particular mentioned several money-laundering cases that involved EU banks, Russian capital and Russian citizens, claiming that "golden visas" often bring benefits to Russian ol
02/28/2019
Bahamian insolvency regime continues to promote judicial efficiency
The Supreme Court's Commercial Division is dedicated to handling complex commercial cases, including assisting financially distressed companies in the execution of cross-border restructuring.
02/27/2019
EU Court Nixes Suspension of Latvian Bank Official
The opinion notes that Rimsevics has called the allegations against him “highly implausible,” given that the private bank he is accused of assisting ceased trading in 2016 and has gone into liquidation.
02/27/2019
Ogier advises BTG Pactual on security token offering
An Ogier team led by partners Bradley Kruger and James Heinicke and associate Michael Robinson advised on the Cayman law elements of the STO.
02/27/2019
Promises, delays mark court’s online records efforts
Judicial Administration had entered into an agreement with Canadian firm CSDC Systems Inc. to digitally convert court records and place them online.
02/27/2019
Mourant wins India Business Law Journal Deal of the Year
The team working on the matter comprised Mourant lawyers based in Guernsey, Jersey and the British Virgin Islands.
02/27/2019
Ogier partner recognised for leadership in Citywealth Powerwomen Awards
The firm was also shortlisted in the Company of the Year – Female Leadership category.