09/03/2015
Canadian wealth management firm behind Cayman Islands trading scheme identified
Victims of the scam, as well as eyewitnesses with first-hand knowledge, have identified the Canadian investment firm
09/03/2015
Cayman residents challenge tax information exchange with IRS
The application for leave to file for judicial review is the latest legal test of Cayman’s tax information exchange framework.
09/03/2015
The Supreme Court of Mauritius re-affirms its pro-arbitration approach
The decision in this case demonstrates the commitment of the Mauritius Supreme Court to international arbitration and supports the Mauritian Governments goal to position Mauritius as the preferred forum for international arbitration within the Africa-Asia
09/02/2015
Royal Court Confirms the Availability of Hastings-Bass Relief Under Guernsey Law
The availability of the relief in respect of Guernsey law trusts had not, however, previously been confirmed.
09/02/2015
Cayman Court makes first fair value determination in merger dispute
The Cayman Court has provided welcome guidance on the meaning of fair value in the context of merger and consolidation disputes in In the matter of Integra Group
09/02/2015
The introduction of the new BVI incubator fund product in June of this year has caught the attention of start-up fund managers.
09/01/2015
The Cayman Islands Companies Law requires that a company notify the Registrar of Companies when there is a change to the particulars contained in its Register of Directors and Officers. Penalties apply for late filings.
09/01/2015
Guide to Partnerships in Bermuda
By Brad Adderley, Cameron Adderley, Timothy Counsell, Timothy Faries and Tammy Richardson-Augustus
09/01/2015
The Gibraltar FSC inks MoU with the British Virgin Islands
They agree to assist each other in order to ensure stakeholder and public protection and to develop market and financial integrity.
09/01/2015
Cayman Court considers principles to be applied for “fair value” appraisal of merger dissenting shareholders
In the Matter of Integra Group a management buyout was effected by means of a statutory merger
08/31/2015
Transparency in providing information on beneficial ownership was never Cayman’s issue, said Premier Hon Alden McLaughlin.
08/31/2015
Cayman Islands Fugitive Now Operating Illegally In Panama
Republic has been warned previously by Panamanian regulators that it cannot operate as an asset management company, but it is still accepting investor funds.
08/31/2015
The case related to the sale of the shares of an Indian entity
08/31/2015
The whistleblower’s work translated into tens of millions of dollars recovered by the US Treasury.
08/27/2015
The Appleby team was led by Frances Woo
08/25/2015
Guernsey Court of Appeal upholds finding of no gross negligence by Former Trustees of Tchenguiz Trust
The Court of Appeal also decided that a trustee was entitled to use trust property to discharge the loans regardless of whether an allegation of breach of trust against the trustee existed at that time, whether justified or otherwise.
08/25/2015
Segregated portfolio companies
The Segregated Portfolio Company is a single legal entity within which may be established various segregated portfolios.
08/25/2015
Ogier leads the way on CISE listings
The firm is the leading sponsor for SPVs, having listed 69 (as of 31 July 2015), the largest share of any Channel Island law firm.
08/25/2015
Real estate bought with offshore cash raises money laundering concerns
Investigator says Canadian real estate market has developed reputation as a place to launder money
08/24/2015
Bahamas megaresort liquidation ruling expected September 4
Winder heard submissions on Friday from James Corbett QC, who appeared on behalf of Baha Mar.