05/18/2015
NEC lawyers in Dubai to file for return of funds
The Sunday Guardian learned that in 2011, the siphoning of funds was done using a procedure
Legal
05/18/2015
New Al Gosaibi debt deal offer 25 per cent higher than previous
The heavily indebted Al Gosaibi family of Saudi Arabia is pledging nearly all of its equity and property assets to creditors under the terms of a new offer in an attempt to settle a six-year dispute with international and regional banks.
05/17/2015
Offshore tax dodge case returns to haunt business secretary Javid
He was elected as Conservative MP for Bromsgrove in 2010
05/14/2015
For the record: A review of the British Virgin Islands Trustee (Amendment) Act, 2015 - Harneys
The provisions of the New Section are not groundbreaking but the sanctions for non-compliance are punitive and consequently trustees should be eager to ensure full adherence.
05/14/2015
BVI and Cayman removed from Italy’s tax blacklist - Harneys
As a result it will now be easier for Italian individuals and companies to engage in business with those based in the Cayman Islands and the BVI.
05/14/2015
Corporate partner and BRICS expert joins leading international offshore law firm
He has been a mainstay of BVI corporate law for many years
05/14/2015
Harneys Singapore a finalist in 2015 ALB SE Asia Law Awards
The firm has been nominated in the ‘Offshore Law Firm of the Year’ category. This recognition comes only a year after Harneys' Singapore office opened.
05/14/2015
JAMAICA: REB Wins Again On Behalf Of Real Estate Depositors
The ruling of the London-based Privy Council in April reaffirms a decision first reached four years ago
05/14/2015
Kenya: Banks Say Stolen Money in Offshore Accounts Out of Their Reach
BANKS are unable to directly recover the huge sums of money stolen from their customers via online transactions if the cash is stashed in offshore accounts, its association said yesterday.
05/14/2015
Montserrat Caballé, Spanish Soprano, Fails to Appear in Court to Settle Tax Case
The opera singer Montserrat Caballé failed to appear in a Spanish court this week to settle a tax fraud case, and her lawyer stepped down as her legal representative in the matter.
05/13/2015
Jamie Biddle joins Lacey Advocates as Managing Associate
Jamie has over 17 years’ experience in resolving serious regulatory issues, most recently as Deputy Director of the Enforcement Division at the Jersey Financial Services Commission.
05/12/2015
Leading offshore law firm advised CNTD on RMB1.3bn Notes Issuance
CNTD, the first BVI company dually listed on the Singapore Stock Exchange and the Hong Kong Stock Exchange, is principally engaged in new town development in China and is a pioneer in primary land development.
05/12/2015
Lancelot: Investor Side Letters – Still a Gap in Cayman Between Legality and Reality
The Cayman Islands Court of Appeal (CICA) has now given its first judgment on the topic.
05/12/2015
Georgina Cook joins Mourant Ozannes
Law firm Mourant Ozannes has appointed Advocate Georgina Cook to its property team as Counsel
05/11/2015
FBI, Maltese police asked to investigate company involved in John Dalli’s Bahamas trip
The Federal Bureau of Investigation (FBI) and Maltese police have been asked to investigate two companies linked to former EU Commissioner John Dalli by a group of American investors
05/10/2015
Trinidad: $60m fraud case goes cold
Three years after money wired from NEC account at First Citizens to 3 foreign firms
05/08/2015
Hedge fund executives sentenced
“A prison term is an appropriate result for such criminal conduct,” he added.
05/08/2015
Conyers’ Fawaz Elmalki named as industry leader on MENA FM’s Power 30 List
The publication cited Fawaz for his “formidable expertise in conventional, alternative and Shari’a-compliant funds”
05/06/2015
Two Approaches to Ponzi Fraud Treatment — Which is Right?
In a recent article published by Law360, Peter McMaster QC of Appleby (Cayman) Limited discusses approaches to investor redress when an investment fund becomes a Ponzi scheme.
05/06/2015
Cayman Counsel Series - Audit Extensions by Ogier
In what circumstances will the Cayman Islands Monetary Authority grant a registered mutual fund an extension of time to file its annual audited financial statements?