06/25/2018
In a judgment dated 25 April 2017 in Re Shanda Games Limited, Mr Justice Segal found the fair value of the company’s shares to be more than double the amount paid in the merger in November 2015.
06/25/2018
Working alongside lead counsel Addleshaw Goddard, Appleby provided multi-jurisdictional advice on the transaction, evidencing the collective strength of the team across the jurisdictions.
06/22/2018
In March, Mossack Fonseca announced it would be shutting down due to the economic and reputational damage inflicted by the scandal.
06/22/2018
Only if this condition is established, can a court use its discretion to correct the decision.
06/22/2018
The transaction brings together two leading companies in the business-to-business events organising sector.
06/22/2018
The Court of Appeal therefore proceeded on the assumption (but without expressly deciding) that Guernsey law was as Pitt v Holt.
06/22/2018
The law firm acted alongside Hogan Lovells LLP for TH Real Estate in connection with a £155m.
06/21/2018
Court dismisses dishonesty claim against Butterfield Bank
Finds that bank did not purposely process fraudulent transactions
06/20/2018
The Court held that it would be inappropriate to require a financial institution to prove that the funds were tainted in a situation where it does not have all the details of the sources
06/20/2018
Counsel Nicola Roberts and senior associate Leon Hurd of Ogier provide a brief update on some key developments in Jersey during the last 12 months
06/20/2018
The case involved a number of contentious elements including class composition and fairness issues.
06/20/2018
When providing discretionary portfolio management services and independent investment advice to clients, investment firms cannot receive any benefit or commission that may be considered an inducement.
06/20/2018
Carey Olsen acts in liquidation
It gives Abraaj Holdings a sound structure to continue to look after the best interests of its stakeholders and creditors
06/19/2018
The acquisition would enhance the entertainment, distribution, and technology leadership of Comcast
06/18/2018
Open justice versus privacy of trust (HSBC Trustee (CI) Ltd v Kwong and others)
First published in ePrivateclient in May 2018.
06/18/2018
Bermuda Introduces Digital Asset Business Act 2018
DABA has now been approved by both the House of Assembly and the Senate and only needs Royal Assent and a notice of the Minister of Finance.
06/15/2018
Carey Olsen was named "best offshore law firm" in the fund formation category.
06/15/2018
In this regard, regulation has already been drafted in the areas of Overextension of Credit, Annual Percentage Rate when extending credit and Complaints Handling.
06/15/2018
We anticipate this amendment will be welcomed by settlors and trustees alike
06/15/2018
By this year, these punishing levies have reached 15% per annum, costing owners tens of thousands of Euros annually.