03/21/2017
The cell phones had porn on them. Then the Panama Papers exposed a bribery scheme, this company says.
Koolman’s job was to buy phones from suppliers around the world for Setar to sell to consumers.
Legal
03/21/2017
A Panama Ex-President Fights Extradition From Miami Exile
So far, the U.S. hasn’t acted on the petition to turn him over, and Martinelli has kept his base in Miami, where he has a condo in a building featured in the movie “Scarface.
03/20/2017
Unfair British Pension System discriminates against Caribbean residents
They entered into reciprocal agreements with some countries.
03/20/2017
The London-France connect that led to Moin Qureshi’s dirty money
Painstakingly combining information from all six locations, investigators had been gathering documents since the summer of 2014 to expose Qureshi, who is being investigated by multiple agencies for money-laundering.
03/17/2017
Amendments To Act Will Benefit Unions And Employees
The duty upon the registration of the union and recognition of employees obligated to deducting those dues.
03/17/2017
Lawmakers try again on lawyers bill compromise
The bill also seeks to create a self-governing council of lawyers and sets requirements for the hiring and promotion of Caymanian.
03/16/2017
Mergers and Fair Value Petitions: Cayman Case Law Update
In two recently published judgments, the Court has painted a clearer picture of the rights and obligations of the parties seeking a “fair value” determination pursuant to Section 238 of the Law
03/16/2017
Swiss Supreme Court rules on stolen data in international tax assistance procedures
In the present case, the bank data were collected by former UBS employees in France who wanted to put an end to illegal tax practices of the bank.
03/16/2017
Andorra bank seeks probe after U.S. Treasury forced closure for 'money laundering'
The USA Patriot Act, passed in response to the 9/11 attacks, gives FinCEN the power to label companies as aiding and abetting money launderers without going through a court process.
03/15/2017
Who’s Who Legal Recognises Carey Olsen Lawyers
Also listed in the guide were Jersey partners Robert Milner and James Mulholland and Guernsey partners Christopher Anderson, Andrew Boyce, David Crosland and Ben Morgan.
03/15/2017
Tax court judge recuses himself from KPMG-linked trial after CBC revelations
Randall Bocock attended party hosted by law firm that endorsed KPMG tax scheme
03/15/2017
Venezuela Further Cements Its Diplomatic Relationship With St. Kitts And Nevis
Additionally, for the year 2017, the Team Unity Government has allocated ECD$35.4 million to be disbursed through the Fresh Start.
03/15/2017
Mourant Ozannes advises on proposed merger of OneWeb and Intelsat and connected $1.7 billion capital injection by Softbank
Within our corporate team, we have both the breath and depth of expertise to provide all clients involved with the best possible service in these circumstances.
03/15/2017
Collas Crill Advises on Sale of Award Winning Payment Processing Company
The Collas Crill team comprised of senior associate Tristan Ozanne from the firm's commercial department and group partner Michael Morris from the UK property team.
03/14/2017
Guernsey regulator disqualifies adviser for fraud
Mr Galliers consented to the making of the disqualification order and the Royal Court ordered that Mr Galliers be disqualified for 12 years.
03/14/2017
Jersey real estate – an investment that doesn't go out of fashion
Recent activity in St Helier points to an appetite for high quality, large scale investment properties backed by solid covenants.
03/13/2017
Carey Olsen advises on boutique commercial property sale
A newly-refurbished, fully-tenanted commercial property comprising just under 10,000 square feet of office and residential premises, 7 Esplanade attracted substantial interest from potential investors.
03/13/2017
The Bahamas Amends the Trustee Act, 1998 - Higgs & Johnson
Restriction on an outgoing trustee’s claim for release and limitation on release given by new or continuing trustee
03/13/2017
Cayman Introduces the Limited Liability Partnership Bill, 2017 - Higgs & Johnson
Features of an LLP are set out below.
03/13/2017
Redemptions from Cayman Funds by Alric Lindsay, Higgs & Johnson
By “liquidity”, the investor is referring to the possibility and frequency that the Cayman fund’s shares may be redeemed. The investor is also interested in the mechanics of a redemption, in particular when it may be deemed effective.