10/12/2018
BVI Positioning for International, Direct Investment
The BVI has a stable and efficient legal system.
Legal
10/12/2018
Bermuda: Privy Council Considers The Personal Liability Of Trustees
The Privy Council held that the Jersey trust law limits a trustee's liability to a third party where that third party knows that they are contracting as a trustee, which was the case in this instance.
10/11/2018
Carey Olsen supports Epiris on launch of £821 million buyout fund
The fund's strategy will be focussed on targeting UK-headquartered business with an enterprise value of between £75 and £500 million, investing between £40 million and £150 million of equity in each investment
10/11/2018
Cayman Islands Court of Appeal overturns antisuit injunction in favour of Argyle Funds SPC Inc
The Court of Appeal disagreed with BDO Cayman's argument that it was necessary to make Argyle a party and found that Argyle should have been made a party to the proceedings prior to the hearing at first instance.
10/11/2018
Appointment of AML Officers to Cayman Islands Investment Entities - Update
It is important that the operators of Cayman Island investment entities consider these new requirements and whether or not they are subject to these new requirements.
10/11/2018
Court appoints receiver under Arbitration Act to preserve assets pending arbitration award
The decision illustrates the effectiveness of the interim relief provided under the Arbitration Act to preserve assets against which an arbitration award will be enforced.
10/11/2018
Act now – Don’t get struck-off
On 1 October 2018 the BVI Business Companies (Amendment) Act 2018 came into force
10/10/2018
Guernsey Boards should take note of recent updates to UK corporate governance codes
The Code is applicable to all companies with a premium listing, whether incorporated in the UK or elsewhere, such as Guernsey.
10/10/2018
Julius Baer Whistleblower Cleared in Data-Theft Case
In a case drawing international scrutiny, the Federal Supreme Court by a 3-2 majority rejected an appeal by Zurich prosecutors in the case involving former private banker Rudolf Elmer, who denied all the charges.
10/09/2018
Carey Olsen advises Terra Firma
Parmaco is a fast-growing Finnish real estate company which specialises in building and renting high quality buildings for schools, day care providers and nursing homes.
10/08/2018
BVI Expands Available Uses Of Segregated Portfolio Companies
Pursuant to the BVI Business Companies (Amendment ) Act, 2018 and the Segregated Portfolio Companies (BVI Business Company) Regulations
10/08/2018
Collas Crill assists with fund launch
The Collas Crill team comprised Dilmun Leach, group partner, supported by associate David Walters.
10/08/2018
Trustees Seeking a Court Blessing For A Decision: Lessons In The Exercise Of Discretion
The judgment is a cautionary tale for trustees in their approach to exercising their discretion to deal with trust assets, particularly in the context of cash-flow insolvency.
10/05/2018
Cyprus to give British expats residency rights after Brexit
UK nationals and their family members who, by December 31, 2020, have been continuously resident in Cyprus for five years will be eligible for permanent residence.
10/05/2018
MaplesFS extends corporate services offering to Bermuda
"MaplesFS continues to build its business in Bermuda and we are confident that our ability to offer corporate services makes us well positioned to meet demand from new and existing clients," says Tribley.
10/05/2018
Voisin Law advises on Randalls' takeover of Boat House
The Voisin team consisted of Managing Partner Ian Strang, Head of Property Natalie Harris and English Solicitor Stephanie Habin.
10/05/2018
Babbé: GDPR fines are coming
A specialist in dispute resolution, particularly in the fiduciary sector, Advocate Robison is dealing with a number of matters arising from GDPR and says it’s not too late for businesses to get their house in order.
10/05/2018
First Tower Trustees v CDS – English Court of Appeal finds trustees personally liable under statute
The misrepresentation finding was not challenged on appeal.
10/04/2018
Global offshore law firm advises on healthcare CLO
The transaction has a three year reinvestment period ending in September 2021, which includes a 120-day ramp period.
10/04/2018
Russian Billionaire Accuses Sotheby’s of Price Inflation in a $380 Million Suit
The businessman sought all documents related to the value of the works bought or sold in a transaction involving Sotheby’s and Bouvier