Managers of Wealth Offshore

Cayman Funds Quarterly Legal And Regulatory Update Q3

The Anti-Money Laundering Regulations

BVI judgment: Limitations on the court’s supervisory jurisdiction over its officers

The Liquidators aimed to return those redemption payments or their excess to the Funds’ insolvent estates for the benefit of those investors who suffered loss.

Italian princess to appeal $200m trust fund ruling

Cristiana, took her family to court alleging she had bee locked in a “golden hell” by her mother

Carey Olsen and IAG advise on healthcare fund

Octopus is a leading investor in the UK and Ireland healthcare sector, and it was a pleasure to assist their team on the Fund's restructuring and highly successful first close

Bedell Cristin advises WisdomTree

Under the terms of the agreement, WisdomTree will exchange $253 million of cash and stock consideration of 30 million WisdomTree shares for the acquired business.

Luxembourg: Hub of European fund industry

This is because investor regulation in the EU embeds financial advantage in investing through European fund structures so European investors are steered to allocate to European funds.

Redemption clawback claims get green light from Privy Council

Successful claims have been limited to those where a fairly strict test for fraudulent preference is met

Cayman Islands: Privy Council Clarifies the Old Law (1989-2011 position) Regarding Section 37 Redemptions

When the Company was wound up it transpired that it had, in effect, become a Ponzi scheme and that the Company was insolvent at the date of the payments.

Carey Olsen advises Polygon Properties on a further acquisition of commercial property in Jersey

The Carey Olsen team was led by partner Christopher Philpott and assisted by senior associate Will Whitehead.

Family law firm launches in Jersey

It also handles matters involving children, such as child maintenance, residence, leave to remove and contact disputes.

Escaping Cayman–New York’s highest court permits shareholder of a Cayman-incorporated company to bypass Cayman law and bring derivative action in New York

The Court contrasted Cayman law with British Virgin Islands (BVI) law.

U.S. jury clears ex-Swiss banker of aiding tax dodgers

The case brought against Buck, 37, by federal prosecutors in New York was one of a number of cases spilling out of a broad crackdown by the United States on offshore tax evasion by Americans.

Advocate launches Jersey law firm

Advocate Nicholls has spent almost 15 years at Walkers, latterly as Partner, having started his career at Irwin Mitchell.

Cayman Islands investment funds: what you need to know and do by the end of 2017

If only the board resolutions and fee are filed, half CIMA fees will be due for 2018 and the fund will be placed in Licence under Termination status by CIMA.

Cayman Foundation Companies Law

The Law is prescriptive as to the incorporation, administration and management of a Cayman Foundation

New Guernsey Document Duty Laws Come Into Force

The New Anti-Avoidance Law And The Related Document Duty Law Have Brought About Some Significant Changes

Mauritius Lawsuit Accuses Top Indonesian Officials of Laundering Billions

Indonesia’s notoriously corrupt courts have traditionally ignored a long list of international creditors attempting to collect in any manner on international legal judgments against Indonesian corporate deadbeats.

Game-changing ID Register goes from strength to strength with advice from Carey Olsen

Director of The ID Register, Tim Andrews, said: “The ID Register has doubled in size in less than 12 months by attracting clients from across the world – a great success story for Guernsey,”.

Couple sue HSBC over ‘misleading’ investments in SNS Bank

HSBC Bank Malta is being sued for supplying a couple with misleading information, resulting in a 'massive loss' of capital and interest

STM chief executive released from bail, shares resume trading

A second unnamed STM employee arrested with Kentish has also been released from bail without charge.