Managers of Wealth Offshore

Recent changes to BVI legislation - Withers

The BVI's response to the UK government's call to the Overseas Territories for greater transparency in beneficial ownership has been incorporated in recent changes to BVI legislation.

Maybe I will arbitrate, maybe I won't – Anzen Limited and others v Hermes One Limited (British Virgin Islands)

The case involved shareholders in a BVI company, whose shareholders' agreement provided that any party 'may' submit a dispute to binding ICC arbitration in London.

Chambers Global 2016 ranks Appleby as top offshore law firm

Appleby has been ranked as Band 1 in 2016 Global legal directory

A cautionary tale during bonus season by Richard Sheldon, Appleby

This month many employers are currently going through the sometimes painful annual process of making bonus awards to tie in with year-end results.

Bermuda proposes to introduce third party contractual rights

The Contracts (Rights of Third Parties) Act 2016 (Bill) was introduced into the Bermuda House of Assembly on 4 March 2016.

224 To Testify in HSBC Case

A judge has cited 224 Argentines under investigation for tax evasion and money-laundering, ordering them to give testimony over a high-profile scandal involving HSBC bank accounts held in Switzerland

French billionaire Dassault to stand trial for tax fraud

allegations that he hid millions of euros in Luxembourg and Liechtenstein, sources close to the case reported on Monday.

Tax haven scandal: “Government must go!”

A third MP of the party Svandís Svavarsdóttir went further and called to the government to stand down and call new elections.

Appleby Advised On Two Asian-Mena Counsel's 'Deals Of The Year'

Appleby provided cross-jurisdictional offshore legal advice in Dalian Wanda’s HK$28.9bn listing on the Main Board of the Hong Kong Stock Exchange in December 2014.

Bahamas: US to Probe Plot to Take Down Government and Tycoon Rival

Nygard is a major donor to Christie’s ruling Progressive Liberal Party

Costa Rica investigates US$1.5 billion laundered through Malta, money originated from Panama

According to the BCR (Banco de Costa Rica), 5Dimes received the money from Malta and Panama.

Schembri denies Kasco’s British Virgin Islands links

The Times of Malta revealed documented proof last week showing that Mr Schembri had a company in the British Virgin Islands, considered by many to be a tax haven.

Mourant Ozannes advises on London City Airport acquisition

London City Airport handled over 4 million passengers in 2015. Its location close to Canary Wharf and the City of London and excellent transport links have helped make it a highly attractive UK infrastructure investment.

Cayman again draws the attention of US authorities

This is the second time in the past year that the Cayman Islands have drawn the attention of US authorities

Carey Olsen advises Jersey investment firm on the winding up of multinational structures

This is the first time that such an innovative solution has been put in place to assist in the winding up and dissolution of underlying multinational structures including all of their corporate entities.

Coutts case could set legal precedent on redundancy

The matter has been adjourned, with no date yet set for its continuation. It is a case lawyers on both sides describe as a matter of law and legal interpretation and also is one that potentially could set legal precedent in the Cayman Islands, specificall

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