02/26/2015
Section 5(1) of the IAA casts an obligation on a ‘Court’ (as defined thereunder) to automatically transfer an action of which it has been seized to the Supreme Court provided the party who requests the transfer does so “not later than wh
02/25/2015
Carey Olsen launches its British Virgin Islands litigation practice
Our litigation practice in the BVI, Cayman Islands, Guernsey and Jersey covers the full spectrum of advisory, semi-contentious and contentious work.
02/25/2015
Third party costs order: Does the Court have power to permit service of application out of the jurisdiction?
02/25/2015
MCC interviews three attorneys from Mourant Ozannes. Hayden Isbister is a partner and head of the Corporate practice in the Cayman firm.
02/24/2015
Knighted hedge fund manager embroiled in embezzlement probe
Gregory King is among four Scots accused of syphoning £400 million through the crashed Gibraltar-based hedge fund Heather Capital
02/23/2015
The Quiet Man Who Made Big Trouble for Little Luxembourg
A Luxembourg judge, acting after a 2012 complaint by PwC, on Dec. 12 charged Deltour with theft
02/22/2015
Bermuda has historically been and remains an attractive jurisdiction for lenders involved in the financing of the acquisition of both private and commercial aircraft.
02/20/2015
Join them and over 500 Alternative Investment Executives at ROC – Bermuda 2015 to understand the business, compliance, operations and risk challenges for 2015.
02/19/2015
Heather Capital's liquidator, Paul Duffy of Ernst and Young on the Isle of Man, has launched a series of lawsuits against firms of lawyers and accountants which carried out work for the hedge fund and its affiliates before their collapse.
02/19/2015
2014 was an eventful year for Conyers Dill & Pearman.
02/19/2015
Three Swiss bankers accused in 2012 of helping Americans hide more than $1.2 billion from the U.S. Internal Revenue Service face new charges of obstructing the agency from collecting taxes on undeclared accounts.
02/17/2015
Cayman’s Caledonian Bank Files Bankruptcy After SEC Freeze
The asset freeze “had a crippling effect on debtor’s liquidity,” lawyers for the bank said in the filing.
02/17/2015
Cayman Islands: 'Incompetent' directors escape record $111m fine
The highest court in the Cayman Islands has thrown out a record fine given to two directors who operated a fund which caused investors to lose millions
02/17/2015
HSBC sued by investors over Madoff losses
It is claimed the defendants were negligent and and in breach of contract
02/16/2015
The MoU has been signed in the spirit of mutual cooperation and information exchange seen as crucial by the G20 countries and international standard setters for financial services supervisors.
02/16/2015
The legal action, filed on 19 February 2014, notably in connection with capital increase of CPI PROPERTY GROUP of 4 December 2013
02/15/2015
This decision has potentially far-reaching effects in relation to the pursuit of claims against directors. It is also likely to re-open debate as to what types of experience and competency independent non-executive directors should have, the level of deta
02/14/2015
HSBC’s Swiss branch must repatriate the 3 billion dollars deposited in the 4,040 undeclared accounts held by Argentine citizens and companies, Argentina's AFIP tax bureau chief Ricardo Echegaray announced.
02/13/2015
The Central Bank of The Bahamas in conjunction with Bahamas Development Bank and Bahamas Mortgage Corporation hosted an information session on the proposed Credit Reporting Bill 2014 and the Credit Reporting Regulations 2014 at Melia Nassau Beach Resort
02/13/2015
Delaware is the second smallest state in the United States of America. It is also the leading corporate domicile and company law jurisdiction.