Managers of Wealth Offshore

Seven steps to buying property in the British Virgin Islands

As with all important decisions, it is critical to understand the practical considerations ahead of time.

Appleby Mauritius Advises On Consent Solicitation process for Azure Power

The Issuers sought the consent of the noteholders of each of the 2024 Notes and 2026 Notes to amend certain terms of the indentures governing the 2024 Notes and 2026 Notes.

Voidable Dispositions under the Conveyancing and Law of Property Act – an Underutilised Tool in the BVI Asset Tracing Toolbox

Under this provision “any person” prejudiced would have the locus standi to bring a claim even though the person against whom the intent is formed is the creditor.

A commercial tenant's top tips for renewing their Cayman lease

This is the process whereby you and your landlord have fresh talks about the terms of a potential new agreement that would keep you in your property.

Leonard Curtis opens new office in Jersey

The Jersey operation will be based in St Helier and headed up by Aidan Tucker

Appleby advises on financing for Cinven's public acquisition offer for SYNLAB

The financing is underwritten by a group of banks and provided by a number of direct lenders.

Does a creditor with an unliquidated debt have standing to apply for a creditors' winding up under the Companies (Jersey) Law 1991?

The Amendment widens the scope of the previous creditors’ winding-up regime to enable the Court to make a winding-up order on the application of a creditor.

Caribbean Regulatory Update – Q1 2024

BVI FSC licence fee reminders and increases to General Registry fees in the Cayman Islands.

The Financial Crimes Commission Act in Mauritius: strengthening efforts to combat financial crimes

This E-Alert discusses the key highlights and benefits of this Act and emphasises its importance in strengthening the fight of Mauritius against financial crimes.

Appleby acted as Bermuda counsel to Selective Insurance in relation to securing $325m in reinsurance from debut cat bond

This is the first catastrophe bond that US insurer Selective Insurance Company has sponsored, as the company turns to a fully securitized Rule 144a capital markets backed source of reinsurance.

Lawyer calls for ‘Bermuda on Thames’ for UK reinsurance sector

He said such a move could bring significant capital flows and many new jobs to London, with commensurate increased tax revenues for the UK.

Carey Olsen advises Pomvom on Business Combination Agreement

The proposed transaction would give Pomvom a total equity value of US$125 million and is anticipated to close in Q3 2024.

Appleby Bermuda Advised Global Atlantic

The transaction closed on 2 January 2024.

Changes to 2024 stamp duty in Jersey

The relevant registration fees are still applicable in addition to the amended stamp duty rates.

Carey Olsen's Steven Rees Davies recognised as leading FinTech and blockchain practitioner

Carey Olsen Bermuda Limited partner Steven Rees Davies has been recognised as one of Bermuda's leading practitioners in FinTech and blockchain by Who's Who Legal.

Walkers acts as Cayman Islands counsel to Manchester United

The Walkers team was led by Corporate partner Andrew Barker and senior counsel James Murrie together with partner Rupert Bell and associate Siobhan Sheridan.

Collas Crill Cayman now registered as a limited liability partnership (LLP)

Collas Crill LLP converted from a general partnership trading under the name Collas Crill on 29 December 2023.

Judicial Committee of the Privy Council refuses leave to appeal - Lawyer owed no duty to third parties when making wills: Dorey v Ashton

The case makes important statements of general application for tort law liability and is likely to be cited in equivalent circumstances throughout the common law world.

Bermuda Court appoints a receiver over foreign assets to aid enforcement of foreign arbitral award

The tribunal awarded the plaintiffs substantial damages for loss of profits.

Conyers Coverage Fall 2023 – Issue 10 – Cayman Islands

In this edition we have varied pieces from our insurance team and have included several topical updates from our regulatory and litigation colleagues.