Managers of Wealth Offshore

Court dismisses dishonesty claim against Butterfield Bank

Finds that bank did not purposely process fraudulent transactions

Refusal of consent under Guernsey's AML reporting regime: The Royal Court weighs in on balancing the rights of asset custodians and asset owners

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

Developments in Jersey litigation law

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

Ogier recognised with two awards for Ocean Rig deal

The case involved a number of contentious elements including class composition and fairness issues.

What You Need to Know About Luxembourg's MiFID II Legislation

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.

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

Bedell Cristin advises on Sky bid

The acquisition would enhance the entertainment, distribution, and technology leadership of Comcast

Open justice versus privacy of trust (HSBC Trustee (CI) Ltd v Kwong and others)

First published in ePrivateclient in May 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.

Carey olsen among guernsey winners at inaugural private equity services awards

Carey Olsen was named "best offshore law firm" in the fund formation category.

Announcement: Central Bank Of Curaçao And St. Maarten

In this regard, regulation has already been drafted in the areas of Overextension of Credit, Annual Percentage Rate when extending credit and Complaints Handling.

Trusts Law amendment makes Jersey ‘world leader’: Carey Olsen

We anticipate this amendment will be welcomed by settlors and trustees alike

New Legislation impacts Offshore Property Companies

By this year, these punishing levies have reached 15% per annum, costing owners tens of thousands of Euros annually.

Abraaj heads towards liquidation

The two creditors are Kuwait’s Public Institution for Social Security (PIFSS) and Auctus Fund Ltd. Both are claiming $100 million that is owed but not repaid.

Collas Crill advises on London property buy

The deal was led by group partner Paul Wilkes, assisted by senior associate Tristan Ozanne and associate Michael Lyner.

The Signing of Instruments (Miscellaneous Provisions) Jersey Law 2018

It brings about a much needed update in the law that was initially highlighted as being required in 2015

Kuwaiti public entity aims to liquidate Cayman-registered firm

The Abraaj Group made headlines in February, when the Wall Street Journal reported that the Bill & Melinda Gates Foundation and other investors hired a forensic accountant to look into possible misuse of money

Trusts (Amendment No.7) (Jersey) Law 2018 now in force

The Trusts Law is widely regarded as the international standard for offshore trust legislation

Five Ogier rising stars on Channel Island Top 35 Under 35 list

The list recognises the top 35 male and top 35 female lawyers, trusts professionals and accountants aged 35 and under across the islands.

Mourant advises on takeover of AIM-Listed Mytrah Energy

Our unique global perspective helped us provide a seamless service on the various corporate and finance aspects of this complex acquisition

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