09/05/2016
French ex-minister in court over tax fraud, money laundering
Cahuzac, who acknowledged evading taxes for two decades, faces up to seven years in prison and a 1 million-euro fine if convicted.
Legal
09/05/2016
Corruption whistleblower should be protected not punished
This behaviour should be praised not punished.
09/02/2016
Billionaire's Hedge fund Sues Mossack Fonseca
The current legal action has its roots in Singer’s long fight to reclaim funds lost when Argentina defaulted on government bonds held by NML.
09/01/2016
Mega Holdings chairman quits; group looks into bank's practices
During the meeting, the task force decided to ask Mega Bank's board of directors for data regarding the bank's 74 questionable accounts and 174 suspicious trades between its New York and Panama and Colon branches
09/01/2016
Enforcement of Ship Mortgages in The Bahamas - HIGGS & JOHNSON
A mortgagee (lender) has several remedies available to it when there is a default under the mortgage and it seeks to enforce its security. The most frequently used remedies are as follows:
09/01/2016
Cayman Promotes Transparency with Disclosure Law - Higgs & Johnson
In an effort to promote greater transparency within the financial industry, the Confidential Information Disclosure Law, 2016 (the “Law”), was passed in the Cayman Islands Gazette on 22 July 2016.
09/01/2016
EU Anti Tax Avoidance Directive: Impact on Investment Funds
Member States are of course allowed to implement stricter rules as they deem appropriate.
08/31/2016
Mourant Ozannes shortlisted for 'Best Thought Leadership Paper'
The Fund Services Awards are designed to celebrate companies that offer cutting edge services and solutions to those involved in the fund management industry.
08/29/2016
No Secret Deal With Baha Mar, Says Bahamas Prime Minister
The prime minister sought to dismiss several reports, including one that the government has sold islands as part of the agreement.
08/29/2016
Bahamas Government announces committee to process all Baha Mar claims
Part and parcel of the remobilization was the acknowledgement and provision of funds to deal with the claims of unsecured creditors
08/26/2016
British Virgin Islands: When Shall Sometimes Means May...
...The Tension Between Agreements To Arbitrate And Winding Up Proceedings
08/26/2016
Three Ogier lawyers named in Citywealth’s Future Leaders list
The list of 100 rising stars under 40 is compiled from editorial research and recommendations from peers, charities and UHNW clients.
08/26/2016
Major private sector developments show confidence in Guernsey’s economy- Ogier
The Co-op development will see Leale’s Yard transformed into a “vibrant and thriving community” with 410 new homes, 476 parking spaces, retail units and an open public area.
08/26/2016
Jersey approves changes to update law surrounding property inherited by minors.
In this briefing we discuss the current regime of Tutelles and how the New Law proposes to change this regime.
08/25/2016
Cayman court appoints liquidator to Platinum Partners hedge fund
In an e-mail sent to Reuters, the court-appointed insolvency specialist RHSW Caribbean said it would be working with Bart M. Schwartz of Guidepost Solutions as "joint official liquidators" of the hedge fund.
08/25/2016
The Pearl and The Oyster by William Ahern, Principal at Ahern Lawyers
AML type laws have, over recent times, forced banks and other financial intermediaries to cultivate lustrous “pearls of financial data” safe within the confines of the shell of privacy laws.
08/25/2016
Appleby lawyer to speak at prestigious offshore event
Participating in events such as this is an important part of our professional development and service delivery.
08/25/2016
UBS whistleblower exposes 'political prostitution' all the way up to President Obama
Birkenfeld's book about the UBS Swiss banking investigation, Lucifer's Banker, is published in October.
08/24/2016
Ogier advises on launch of AEW Value Investors Asia II Fund
Investors in the fund are primarily public and corporate pension plans and insurance companies based in both the US and Europe.
08/24/2016
Guernsey firms support Mercer Real Estate Partners on £235 million real estate fund
Mercer was established in 2010 to efficiently capitalise on UK property market distortions across a range of investment types.