Managers of Wealth Offshore

Funds - Ireland - Quarterly Update Q2 - Maples and Calder

April - June 2016

Appleby recognised for prestigious Offshore Award

Appleby awarded 2016 US Captive Services Award

Conyers Dill & Pearman advises Iluka Resources on GBP215 million takeover of Sierra Rutile

Anton Goldstein of Conyers’ BVI office worked alongside Ashurst in advising Iluka on the transaction.

Seven Prince properties, including Caribbean villa, can now be sold

Paisley Park complex will not be put on the market.

Recognition of foreign insolvencies at common law: Singapore sets COMI precedent

High Court of Singapore recognised a Japanese bankruptcy trustee

Fugitive Mexican Mayor Claims U.S. Seizure of Offshore Bank Accounts is a Lie

Some of that money was deposited in the Bermuda account and other U.S. bank accounts which was used to purchase real estate in Texas.

Royal Bank Gets Green Light To Challenge Ocean Chimo’s Financial Standing

Ocean Chimo Limited had sought to block the banks' appeal on the basis that the papers had not been properly served on the company.

PAKISTAN: Panama investigations or cover-up

Finance Minister claims, ‘offshore companies are legal, could be financially beneficial within legal framework, but they could also be used for illicit purposes’

Disputes on the rise

Maples and Calder partner John Trehey heads the firm’s Asian litigation, restructuring and insolvency practice.

Moore Capital founder wins Bahamian privacy case

Victory for Louis Bacon offers relief from harsher headlines

Maples Group Assists AerGen in Debut ABS Issuance

This was the debut ABS issuance by AerGen, who is a relative newcomer in the aircraft leasing market, and all three tranches of the issuance were oversubscribed.

Guernsey's Providence fund goes into administration

The closed-ended absolute return fund aimed to provide investors with annual returns of between 7% and 14.25%

One year extension given to reclassify Bermuda Exempted Funds

Bermuda’s legacy Exempted Funds have been given a one-year extension on the 3 October 2016 deadline to reclassify as a Class A or Class B Exempt Fund. Exempted Funds now have until 3 October 2017 to reclassify.

Collas Crill Acts in £10MILLION Comprop Deal

We look forward to working with them again as the firm continues to build on its investments in the Channel Islands.

CAYMAN ISLANDS: The Confidential Information Disclosure Law: Increasing Corporate Transparency

The new framework has been implemented as part of the Cayman Islands' commitment to being at the forefront of international standards on tax transparency as well as cooperation between taxation and law enforcement authorities globally.

Voluntary liquidation under the BVI Business Companies Act 2004

A copy of the declaration of solvency must be kept at the office of the company's registered agent.

One year extension given to reclassify Bermuda Exempted Funds - Appleby

Appleby advises Deutsche Bank, Standard Chartered Bank, ING and UBS

The notes will be listed on the Singapore Exchange Securities Trading Limited. HT Global is a holding company incorporated in Mauritius by Baring Private Equity Asia V Mauritius Holdings (4) Limited, and owns a 71.25% controlling interest in Hexaware Tech

Qc: Judgement In Email Leak “Saves Financial Industry” In Bahamas

Had the judgment not gone in favour of Save The Bays it would have been a very dark cloud hanging over the Bahamas’ business environment.

Strong presence in 2016 Who's Who Legal Asset Recovery for Appleby

Included among 11 Appleby practitioners from five jurisdictions is Fraser Robertson, Head of Dispute Resolution in the Jersey office, and a member of Appleby’s Global Management Board.