05/17/2019
Cayman Court Relies On Market Value In Merger Appraisal
Qunar is only the third reported merger appraisal case in the Cayman Islands
Legal
05/17/2019
Ogier advises on US$350 million biopharmaceutical merger
The merger transaction was essentially an all share deal, with Xynomic's shareholders receiving shares in Bison equivalent to a closing consideration value of approximately US$ 350 million subject to certain adjustments for debt, cash and working cap
05/16/2019
Appleby Charitable Foundation Supports Isle of Man Athletics
The ACF donates over £12,000 to charitable causes on the Isle of Man each year.
05/16/2019
Story-making, compliance, green finance – lessons from Hong Kong's latest sustainability conference
There has been a global change in the perception of "sustainability" and where it sits within business.
05/15/2019
Isle of Man fraudster pleads guilty to investment scam
He used a Ponzi scheme to steal over £600,000 from companies and individuals in six years
05/14/2019
Appleby partners with Collision tech conference
Appleby has established itself as a leading provider of offshore legal services to technology companies and we are looking forward to joining the multi-faceted sessions and networking events.
05/14/2019
Cayman Court Relies on Market Value in Merger Appraisal
Save in two minor respects, he also rejected the dissenting shareholders’ expert’s DCF calculation in excess of 4x the market price
05/14/2019
Security deliverables in a share charge where the charged shares represent a minority stake
The chargee should be advised on the legal and commercial implications, a few examples of which are illustrated below.
05/14/2019
BVI court underlines willingness to support foreign arbitral proceedings
Before the Judge and before the Court of Appeal, Svoboda argued that the Court lost jurisdiction over it when it re-domiciled.
05/13/2019
Why Canada Stands Out As A Money Laundering Haven
Canada's lax laws on identifying the true owners of property have made it a hot-spot for dirty money.
05/13/2019
Remuneration trust avoidance scheme labelled high risk
The remuneration trust is set up in a contrived manner and is claimed to provide benefits to individuals (beneficiaries), other than the scheme user.
05/10/2019
Spanish prosecutors appeal acquittal of ex-Barcelona president
A company owned by Rosell played the role of intermediary in the negotiation of these contracts and allegedly pocketed nearly 8.4 million euros.
05/10/2019
RCIPS unit to tackle money laundering
International authorities fear criminal gangs could be stashing their ill-gotten gains offshore or using accounts in the Cayman Islands to siphon funding to terrorist organisations.
05/10/2019
Cayman trust caught in Australia's 'Watergate' scandal
Eastern Australia Irrigation shareholders were reported to be a number of major investment funds based in Hong Kong and the UK.
05/10/2019
Appleby attorney wins 'Lawyer of the Year - Cayman Islands'
Finance Monthly has announced their legal awards winners for 2019.
05/09/2019
Ogier advises on all cash offer for London-listed Lenta Limited
Ogier advised Lenta on its initial public offering on LSE in 2014, which made it the largest listed BVI company at that time, and has continued to advise the company since then.
05/09/2019
Appleby attorney wins 'Lawyer of the Year - Cayman Islands'
Finance Monthly has announced their legal awards winners for 2019.
05/08/2019
Schrum to speak at STEP Caribbean conference
STEP works to improve public understanding of the issues families face in this area and promote education and high professional standards among members.
05/08/2019
Ferbrache & Farrell launch GDPR guide to help island firms
The Law applies to any organisation where the personal data being processed is that of a Bailiwick resident and it is processed in the context of offering goods or services to the resident.
05/08/2019
Conference told detailed record-keeping is a key ingredient of compliance with new economic substance requirements
The expectation is that the island's regulated corporate and trust service providers should be able comfortably to meet the requirements as they reflect the professional standards expected under applicable codes of conduct.