08/12/2019
The Cayman Standard: Directions in Fair Value Proceedings
Update prepared by Christopher Harlowe (Partner, Cayman Islands) and Jessica Vickers (Senior Associate, Cayman Islands)
Legal
08/12/2019
Ogier restructuring and insolvency specialist Marc Kish named Fellow of INSOL International
Marc regularly acts in the major restructuring and insolvency cases in the Cayman Islands, advising office holders and investors as to the role and function of liquidation and creditor committees and the interaction of Cayman and foreign insolvency procee
08/12/2019
In Your Court: Offshore Dispute Resolution Review - July 2019
The good news doesn't stop there - we are pleased to announce the promotions of Grant Carroll to partner in our BVI team, the promotion of James Angus to managing associate in our Jersey team, the promotion of Edwin Gomez to senior associate in our H
08/12/2019
Ireland - Update – Beneficial Ownership Reporting Commences
The launch of the Central Register had been delayed to allow for some clarifications regarding the legality of the submission of PPS numbers to the Central Register to verify the identity of the beneficial owners of Relevant Entities.
08/12/2019
Standard Bank fined £20,000 for ‘intermeddling’
The situation arose due to unfortunate decisions of a limited number of staff to not follow procedure
08/12/2019
Baha Mar Receivers ‘Secretly Gave Sarkis’ Papers To Chinese’
Mr Izmirlian and his BML Properties vehicle, in their August 9 letter, claimed that the hand over of “patently privileged” legal opinions occurred just one day before the Bahamian Supreme Court heard arguments over CCA’s bid to gain acce
08/09/2019
Appleby Hong Kong Shortlisted in Five Categories
Appleby also received a nomination in the Equity market deal of the year category f
08/09/2019
Royal Court Reverses Employment Tribunal in First Review of Case Management Powers
This suggests that a number of employers have been prevented from defending claims, but need not have been.
08/09/2019
Summary of Economic Substance Requirements in Bermuda, The British Virgin Islands and The Cayman Islands
New laws and regulations (Substance Regulations) have been adopted in each jurisdiction in response to concerns expressed by the Council of the European Union about the absence of clear general legal substance requirements for entities doing business in a
08/09/2019
Weavering - Cayman Islands Clawbacks and Investor Certainty
At its heart Weavering was a battle of conflicting public policy objectives.
08/08/2019
Carey Olsen advises Ulster Bank
Silver Stream is one of the largest independent providers of residential care for older people in Ireland
08/08/2019
Weavering through unlawful preference provisions in the Cayman Islands
SEB had subscribed for shares in the Company as nominee for two underlying investors and had given two separate notices of redemption for its shares in October 2008.
08/08/2019
Towards A Single European Market On Private Pensions – The Pan-European Personal Pension Product
This is not expected to be the case before the end of 2021, however, it is important for possible PEPP providers to start thinking about the way in which they can tailor and market PEPP products to suit their business models.
08/08/2019
Penal Approach to Duty of Full and Frank Disclosure
The Respondent subsequently sought to discharge the injunction on grounds of material non-disclosure by the Claimant.
08/08/2019
Swiss Bank learns the cost of non-compliance
Bank which ignored advice from its compliance officer is slapped with a $10.6 million penalty.
08/08/2019
Skandinaviska Enskilda Banken v Conway: unjust enrichment or an unjust outcome?
SEB’s argument was rejected at first instance and by the Court of the Appeal.
08/08/2019
Grand Court Recognition of Bermuda Foreign Receivers – Modified Universalism discussed
Receivers were appointed in Bermuda over a fund operated by a Bermudan segregated accounts company.
08/08/2019
Firms with Bermuda links on awards shortlist
Nominated for law firm of the year in the “Bahamas, Bermuda & Cayman” subcategory are Appleby, Carey Olsen, Conyers, and Walkers — all of which operate on the island — as well as Bedell Cristin, Harneys, and Ogier.
08/08/2019
Collas Crill Managing Partner heads to Jersey
"It is a great opportunity for the firm as we seek to continue to build on the fantastic potential that we have already established in Jersey."
08/07/2019
Ogier advises on TISE listing
Partner Craig Cordle led the Ogier team on this listing and was assisted by senior associate Diana Collas and associate Laveen Ladharam.