04/21/2016
Ogier advises on the formation of Medicxi Ventures and launch of its first fund
The Ogier team also worked with Medicxi Ventures on the establishment of Medicxi Ventures I
Legal
04/21/2016
Jersey: Advancing the private client landscape
All of which provides certainty for those considering the jurisdiction as a platform for private wealth, charitable and commercial structures
04/20/2016
Mourant Ozannes advises on $490 million Travelex financing
The Mourant Ozannes team was led by Partner James Hill and Senior Associate Andrew Salisbury, who worked closely with Linklaters as English legal adviser.
04/20/2016
Webb ‘regrets’ illegal conduct in guilty plea
The courtroom admissions were released to the US media Monday following legal action by Bloomberg.
04/20/2016
Spain probes list of Swiss bank accounts provided by Germany
Germany’s North Rhine-Westphalia state said last week it gave Spain and more than 20 other European nations the list of people and companies.
04/19/2016
Bermuda law firm has launched a new trust company
“there is the perception” that trusts were used to hide money from tax authorities and to mask the identities of the beneficiaries.
04/19/2016
Park Square Capital raises €1.2 bn for latest Guernsey debt fund
Investment fund specialists Carey Olsen advised on the Guernsey elements of the final close
04/19/2016
Ogier’s Luxembourg team ‘punches above its weight’ according to latest industry analysis
The Luxembourg team, which was established in 2012 and is the only office of a Channel Island law firm in the City, has a ‘very commercial and client-oriented approach’, Legal 500 notes in its 2016 rankings for Europe, Middle East and Africa.
04/19/2016
Opinion: The Case For Offshore
Eye-popping revelations in the Panama Papers have fanned concerns that the so-called 'tax havens' lie at the centre of a giant web of criminal conduct.
04/18/2016
Tax authorities can investigate NRIs with offshore bank accounts until they give consent for information sharing
In a recent case, the Bombay High Court has dismissed the writ petition filed by an NRI
04/15/2016
Fraud and Asset Tracing in the British Virgin Islands - What You Need to Know - Harneys
With more than 500,000 active entities and unrivalled assets held (by value), the British Virgin Islands leads as the global domicile of companies.
04/15/2016
Why Offshore? A lesson from David (and Ian) Cameron
This post was originally published on The Offshore Funds Blog, which aims to demystify hedge funds. Click here to subscribe to the blog or read the original post.
04/15/2016
Central Bank of Ecuador and others v Conticorp SA and others - Harneys
Strict duties imposed on directors must be discharged, even if they are nominee directors. The Central Bank of Ecuador v Conticorp [2016] 1 BCLC 26 decision illustrates the dire implications for a director who merely follows instructions and by so doing f
04/15/2016
AIMA adds voice to those defending offshore funds - Harneys
This post was originally published on The Offshore Funds Blog, which aims to demystify hedge funds. Click here to subscribe to the blog or read the original post.
04/15/2016
Confidentiality in the BVI: What records are available? - Harneys
Despite the popular myth of the secrecy of BVI companies, the reality on the ground paints a different picture.
04/15/2016
Black Swan: “stand-alone” injunctions in support of foreign proceedings - Harneys
The BVI court has jurisdiction to grant “stand-alone” injunctions in support of foreign proceedings. These are “stand-alone” in the sense that an injunction order can be made where no other substantive relief is sought within the j
04/15/2016
The Cayman Islands: Cape Town Convention Now In Force
The Cayman Islands is a British Overseas Territory and as a result implementation of the Convention in the Cayman Islands required the Convention to be ratified by the United Kingdom.
04/14/2016
Channel Islands firms honoured at New York legal awards
Firms with the most nominees who have received the most votes from those canvassed for their opinion are named winners in each category.
04/14/2016
Views sought on amendments to Jersey trusts law
This new set of proposed amendments aims to ensure the legislation remains world-leading and continues to place Jersey as the trusts jurisdiction of choice.
04/14/2016
HSBC risks losing US banking licence as pressure mounts over Panama Papers probe
That could lead to any fines being paid to American authorities and HSBC could even lose its right to operate in the country.