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.
Legal
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
10/04/2018
Belize company implicated in money laundering scheme
The bank has taken many measures in an effort to prevent the scheme from occurring again.
10/03/2018
Ogier's Kate Hodson nominated to retain Asia Women in Business Law Awards offshore award
The awards celebrate the advancement of women in the legal profession throughout the region, and recognises individuals as well as the best firm-wide initiatives for gender diversity, innovation, work-life balance, pro-bono work and talent management.
10/03/2018
Banker's wife may lose property worth millions after UK court ruling
Failure by ‘Mrs A’ to explain source of wealth could result in civil proceedings to seize it
10/02/2018
Maples Group Further Expands Legal Service Offering to Include Luxembourg
The Maples group is now able to provide a comprehensive range of legal, fiduciary and administration services from Luxembourg, which is complemented by the group's offering from its locations within other key international financial centres.
10/02/2018
HSBC Banker, Brothers Accused of Moving Drug Cash in Paris Trial
Three brothers are on trial in Paris money-laundering case
10/02/2018
Guernsey legal and regulatory update - Mourant
A brief overview of Guernsey legislative and regulatory developments July 2018 to September 2018 inclusive
10/02/2018
Overview of BVI trusts - Ogier
A number of briefings on other aspects of British Virgin Island law have been prepared by Ogier and are available on request.
10/02/2018
Julius Baer Has Law Firm Look at Panama Banker Accounts
One of the people said Krull has privately conveyed to the bank that he didn’t use Julius Baer accounts to launder Petroleos de Venezuela S.A. money.
10/02/2018
Hedge Fund Manager Scores a Win in Bahamas Property Spat
The Supreme Court of the Bahamas has seized property of Bacon's neighbor Peter Nygard, the founder of a clothing retailer.
10/01/2018
To see or not to see - Jersey's Royal Court provides guidance to trustees faced with requests for disclosure from a beneficiary
Notwithstanding the revisions to Article 29, the guidance offered by the Royal Court in M v W Limited is likely to remain persuasive, and offers trustees a useful reference point when faced with a request for disclosure of trust information from a benefic
10/01/2018
Carey Olsen is top adviser for investment funds in Guernsey
The Monterey Insight survey is further good news for Carey Olsen's corporate team as it follows confirmation earlier this year that the firm now advises 100 London Stock Exchange listed clients
09/30/2018
At A Glance Guide to Jersey's Charity law
It is further anticipated that from 1 January 2019 the remaining provisions of the Law will come into force which amends Jersey taxation legislation in relation to charities.
09/28/2018
Banker’s Arrest Puts Boom Years Under Scrutiny at Swiss Bank
Julius Baer is clamping down after a series of run-ins involving Venezuelan oil money, FIFA bribes and arms sales to Russia.
09/27/2018
Dial Monaco for Murder
“Daughter’s partner accused of ordering killing of city’s richest woman.” – reports
09/27/2018
Two bursaries awarded by Appleby Isle of Man
Leading offshore law firm Appleby has awarded two bursaries as part of its newly introduced Isle of Man Bursary Scheme.
09/26/2018
How Swiftly Should a Hedge Fund Respond to a Whistle-Blower?
Investors have every reason to question GAM’s eight-month delay.
09/26/2018
Carey Olsen acts for successful appellants in important 'forum non conveniens' BVI Court of Appeal decision
Carey Olsen has one of the largest dispute resolution and insolvency practices in the offshore legal field led by 17 partners across nine international offices.