12/14/2015
The report, compiled by Simon Wallace-Smith and Richard Hughes of Deloitte and released to The Australian by the court, also reveals that a Cayman Islands vehicle linked to the 1MDB scandal is the owner of the Avestra Credit Fund, which backed a takeover
12/11/2015
Former Head of Offshore Brokerage Pleads Guilty to Conspiracy to Commit International Stock Fraud and Money Laundering Scams
Gallison admitted that he and others then “dumped” or sold the shares at the inflated prices and laundered proceeds through bank accounts in the United States and overseas.
12/10/2015
Money laundering lawyer in Cayman Islands not charged in FIFA scandal
Buried in the new indictment are the circuitous methods through which Webb received bribes, and those methods are painfully detailed therein.
12/09/2015
The existence, or extent, of any fraud occurring in local Cayman football remains, at this point, unclear.
12/08/2015
Our administration and treasury services teams look forward to continuing to work with the Board and Funding Circle to deliver a best-in class administration and treasury services
12/07/2015
For eight years now, the self-made apparel king Peter Nygard and the financial tycoon Louis Bacon have been locked in a wild battle over a strip of land on Nassau in the Bahamas
12/07/2015
Cayman and British Virgin Islands firms announce merger
“Given our recent expansion in Asia, the time is right to partner with a law firm and corporate service provider to provide comprehensive legal services to our clients in both the Cayman Islands and the British Virgin Islands,”
12/07/2015
Directors registered or licensed with the Cayman Islands Monetary Authority (CIMA) are reminded of the 15 January deadline to pay the annual fees, in order to avoid penalties.
12/06/2015
The BVI Business Companies (Amendment) Act 2015
The Amendment Act will amend the BCA to introduce certain requirements with respect to the notification and consent of the secured creditors of a BVI company that proposes to continue out of the BVI to another jurisdiction.
12/04/2015
Antigua: PM says gov’t has the money to pay ABIB workers
ABI Bank, which ran into trouble in 2010, has been under the control of the Central Bank since 2011
12/04/2015
Peter Canale Avoids Prison in Swiss Bank Tax Evasion Case
His brother Michael Canale, a retired U.S. Army surgeon, was sentenced in 2013 to six months in prison
12/04/2015
Ponzi scheme allegations dropped
Court-ordered receiver John Carney filed the claim against Walter Stipa Sprecase
12/03/2015
In 2011, in the case of Re China Milk Products Group Limited Mr Justice Jones held that the directors of an insolvent company had an inherent authority to petition for its winding up, even if they were not empowered to do so by the company’s article
12/03/2015
Three Partner Appointments and One Counsel
12/01/2015
Harneys acts for Virgin Group
Virgin is a leading international investment group and one of the world's most recognised and respected brands.
12/01/2015
Mr Crowley-Milling had not in fact referred to 'United Kingdom' when giving instructions to his solicitor.
11/30/2015
HSBC whistleblower given five years’ jail over biggest leak in banking history
Hervé Falciani sentenced in his absence for financial espionage by federal court for exposing wrongdoing at HSBC’s private Swiss bank
11/30/2015
Bermuda wins Solvency II equivalence - Appleby
This is hugely significant for Bermuda and means that Bermuda commercial (re)insurers and insurance groups supervised in Bermuda will not be at all disadvantaged in operating in Europe (or indeed elsewhere on the globe) when Solvency II takes effect on 1
11/27/2015
The British Virgin Islands Registry Offers Premium Services
These changes are very much welcome by industry and ensure that the British Virgin Islands remains the most favourable offshore incorporation jurisdiction by far.
11/27/2015
Mourant Ozannes advises Mimecast on its NASDAQ IPO
The Mourant Ozannes' team advising Mimecast was led by partner James Hill