10/12/2016
Finance firm boss faces £1 million fraud charge
It is expected that formal committal proceedings will take place on 21 November.
Legal
10/12/2016
New edition of Jersey insolvency and Asset Tracking just published
There are also comprehensive commentaries on guarantees, reciprocal enforcement of judgments, insolvent trusts, foundations and taking security.
10/11/2016
Summit Trust Cayman in who’s who of International Trust Advisors
Our leading position is testament to our commitment to provide a top-tier trustee service to wealthy international families.
10/10/2016
Mr Bigs forced to explain wealth
Those who fail to provide an adequate explanation of their riches will face civil legal proceedings to recover the cash or criminal charges if they make false or misleading statements.
10/07/2016
Wildenstein Tax Fraud Trial Turns Rowdy in Second Week
Prosecutors say the Wildenstein clan and its advisors used offshore trusts to protect assets worth several billion euro from estate taxes
10/07/2016
Barbados, China Sign New Agreement
The senator further stated that the objective of this inter-governmental agreement is to enhance clinical and technical skills and to explore best practices in health-care delivery.
10/07/2016
Pressure mounts over lawyers bill; 75-80% of firms urge passage
The Cayman Islands Law Society said Wednesday that more than 80 percent of its members back the legislation.
10/07/2016
Commercialisation of trusts heightens risk of insolvency
Another contributory cause of insolvency in trusts was the financial crisis of 2008 when many trustees found that the value of their portfolio of trust assets had dropped, resulting in cases being referred to the courts where the trust assets were finance
10/07/2016
Tax Director’s decision on information request could be open to judicial review
The Court of Appeal hearing, which will be held later this year, could pave the way for an apparently valid notice issued by the Director of Income Tax to be subsequently struck down by the courts.
10/07/2016
Volaw Wins Best Islamic Trust Formation Services Award
The prestigious GIFA ceremony was held in Jakarta in the presence of H.E. Joko Widodo, President of the Republic of Indonesia and many other dignitaries from the Islamic world.
10/05/2016
Cayman Islands - New Trade Marks Bill
Clients will still be required to pay annual maintenance fees in order to maintain a registration’s validity.
10/04/2016
Conyers named Offshore Law Firm of the Year 2016
This is the second time the firm has won this prestigious award having won in 2014.
10/04/2016
Liquidators’ fees: BVI Court provides green light for Liquidators to draw interim payments on account without a formal fee approval - Harneys
The Court also specifically provided that newly appointed liquidators could draw payments of up to 80% on account of their reasonable remuneration and expenses on an interim basis without the need to obtain prior approval from the creditors’ committ
10/04/2016
Baha Mar In $6m Monthly Value Fall
And this figure could be even higher, were the months between the late June 2015 Chapter 11 bankruptcy protection filing and Deloitte & Touche’s appointment factored into the calculations.
10/02/2016
Bank of Portugal forces banks to report offshore operations in 2017
The Bank of Portugal will be responsible for issuing and updating a list of relevant offshore locations based on the information regularly provided by the banks and other institutions
09/30/2016
3 Conyers Directors On Citywealth Leaders List
We take great pride in offering a high-level of service and support to our international clientele and are pleased to see this recognition from our peers
09/30/2016
Cayman Islands regulator releases confidential victim information to fraudster
CIMA recently claimed that it has increased its internal security
09/29/2016
Significant milestone for Bedell Cristin
Bedell Cristin is now a wholly separate business to Bedell Trust
09/29/2016
Offshore has different meaning for Imran’s lawyer
What these secret jurisdictions don’t share is the business and bank accounts operated through registered entities.
09/29/2016
Leading offshore law firm Acted on three HKEX Listings in September
The aggregate amount raised for the three listings was approximately HK$323 million.