Managers of Wealth Offshore

Bermuda Government to reform 60/40 rule

As a part of this he said that the Government would work to make its economy more competitive.

Jersey registers data protection legislation

The States of Jersey says this will benefit trade and help law enforcement agencies cooperate with their counterparts in other jurisdictions.

Ogier advises on purchase of Chancery Lane offices

It is currently let by law firm Lewis Silkin until 2023 and comprises over 80,000 sq ft of office space.

Five comments we make on LPAs (and why we make them…)

My experiences, both positive and negative, of reviewing such comments through the prism of an onshore funds lawyer have guided my own approach to marking up documents that I now receive offshore.

Bank negligent after paying out client money on fraudulent instruction from sole director

A bank which made payments from a client account on the fraudulent instruction of the client's director and sole shareholder was liable in negligence after the client company went into liquidation, the Court of Appeal has confirmed.

Taylors Acts as Bermuda Counsel to Volante in Nephila Capital Equity Investment

Volante is a new multi-class and multi-territory managing general agent platform that will commence trading in Q1 2018, subject to appropriate Lloyd's coverholder approvals.

Ogier shortlisted for two awards at IFLR Asia Awards 2018

The transaction was reported as the largest debut issuance of a high yield bond by a PRC company since January 2013.

Ogier advises on £103m sale of Woolwich Estate

The Ogier legal team, consisting of partner Richard Daggett, senior associate Amy Garrod and associate Ridhiima Kapoor, worked closely with CMS Cameron McKenna Nabarro Olswang LLP and Mishcon de Reya LLP on the deal.

Taiwan deal involving Ogier's Hong Kong and Cayman teams recognised with three awards

Ogier worked closely with Sullivan & Cromwell on the deal, which was structured through a Cayman Islands scheme of arrangement.

Former Renault F1 boss Flavio Briatore gets 18-month sentence for tax fraud

Investigators contest Briatore's claims that he does not own it but merelyrents it from a company registered in the Virgin Islands.

VG Boosts Business with New Joiners

Lucinda Gouveia, Trust Officer, recently joined VG from a large global firm.

Crypto-currency and ICOs in the British Virgin Islands

As a result, ICOs offer an efficient and cost effective means of accessing mass capital for start-up or early stage enterprises or technology entrepreneurs which might not otherwise have access to capital markets.

International law firm launches strategic citizenship and residence consultancy

Helping clients interested or needing to secure additional citizenships, or residency rights through investment programmes, will be an area of particular focus

Conyers becomes latest to exit Middle East region after a decade

For over a decade Conyers’ Dubai office has serviced the needs of an international client base that has included financiers, corporate groups, asset managers and onshore firms. C

Bermuda Segregated account companies

In order for a company to achieve legal separation of its general account and its segregated account(s) it must be registered as an SAC with the Registrar of Companies

Carey Olsen Advises on the Liquidation of Carillion Finance (Jersey) Limited

The Court indicated that in an urgent case such as this, the speed of the just and equitable process meant it should be preferred if it could avoid the potential for parallel cross border processes which might disrupt the main centre proceedings.

Carey Olsen Advises Capco Trust in Acquisition by Ocorian

The Carey Olsen team advising Capco Trust on all aspects of the transaction was led by partners Siobhan Riley and James Willmott, who were assisted by associate Natasha Lyons.

Mourant Ozannes receives China Business Law Journal 'Deal of the Year' recognition

Mourant Ozannes provided BVI law advice in connection with a bank and lease financing of The Antikeros, The Shonoussa, The Polyaigos and The Strofades vessels.

Carey Olsen Bermuda is open for busines

A new law firm has entered the market in the international finance centre of Bermuda.

Dublin-listed IFG says legacy claims could cost it over £20m

Shares down 17% to €1.72 in Dublin after it also warns of possible sale of one of its units

Legal