06/21/2023
Dimon may have ordered JPMorgan's review of Epstein ties, Virgin Islands says
Internal emails show that following Epstein's July 2019 arrest on sex trafficking charges, JPMorgan conducted a review known as "Project Jeep"
Legal
06/20/2023
GFSC appeal denied by court
The judgment which overturned the regulators’ ruling was not on a points of legal principle but on points of application, Lt Bailiff Marshall said.
06/20/2023
Legal update: Zero Hour Contract review
The levels of compensation in respect of the Employment and Discrimination Laws were set some time ago and so a review seems sensible.
06/19/2023
Maples Group Advises Nomura on Launch of Fund Providing Exposure to Bond Plus 7.0
The Fund's investment manager is Sompo Asset Management Co., Ltd. Nomura Bank (Luxembourg) S.A. will provide fund administration and custody services.
06/19/2023
Two Maples Group Associates Recognised as 'Rising Stars' by Fund Finance Association
Congratulations to Robin and Ana on their inclusion in the 2023 Rising Stars Awards.
06/16/2023
Bahamas Chapter – Loans& Secured Financing Guide
This reference guide provides insights in the jurisdiction in respect of general financing issues, regulation, security interests, loan terms/structures and more.
06/16/2023
Appointment of Liquidators: BVI Court Rejects 'Put-Up Job' Defences
By its judgment, the Court appointed joint liquidators over the respondent BVI HoldCo and, in so doing, confirmed its proactive and forensic approach to the analysis of alleged defences to debts upon which liquidation applications are founded.
06/16/2023
A Guide to Private Equity in Guernsey (PLC Chapter)
Lawyers from our corporate practice have updated the Guernsey chapter of PLC's private equity guide
06/15/2023
Change of Governing Law and the Resettlement of Trusts
As a result looking at the matter in a practical and common sense manner, it could not realistically be said that the proposed actions would constitute a resettlement.
06/15/2023
Cayman Islands Exempted Companies
It deals in broad terms with the requirements of Cayman law for the establishment and operation of such entities.
06/13/2023
Lasting Powers of Attorney in Jersey
LPAs work separately to your Will and allow you (as the 'Donor') to appoint one or more people to act as your attorney/s
06/13/2023
Key Points: Schemes of Arrangement in the Cayman Islands
A scheme is an effective restructuring tool used for reorganising a solvent company or rescuing a distressed company.
06/13/2023
Carey Olsen advises EG Group on £2.27 billion majority sale to ASDA
Carey Olsen advised the EG Group alongside onshore law firm Skadden, Arps, Slate, Meagher.
06/09/2023
Senior Associate at Oben Law recognised on NextGen Leaders list
Lydia qualified as an English solicitor in August 2017 and has since gained considerable experience in the offshore trust and corporate sectors.
06/08/2023
Bermuda – Economic Substance Declaration Filings – June 2023 Alert
Such Declaration Forms must be filed annually, within six months of the last day of the entity’s financial year.
06/08/2023
Carey Olsen acts for RenaissanceRe Holdings Ltd on its $3 billion acquisition of AIG's Validus Reinsurance Ltd
The agreement has been approved by RenaissanceRe’s Board of Directors and is expected to close in the fourth quarter of 2023, subject to customary closing conditions and regulatory approvals.
06/08/2023
Service providers' duties under CI discrimination law - minimising legal risk
Service providers must not discriminate against or harass their customers, and must make reasonable adjustments for disabled customers.
06/07/2023
From Bermuda to the Oslo Børs and Beyond
After that, some may migrate to a larger exchange such as the Euronext Expand Oslo or Oslo Børs and possibly go on to complete a dual listing in New York.
06/06/2023
Cayman Islands Anti-Money Laundering Surveys for Financial Service Providers
The AML surveys assist the Authority in the exercise of its functions, including the collection of AML / CFT / CPF and sanctions data from FSPs.
06/06/2023
Two Mourant lawyers recognised as Channel Islands NextGen Leaders for 2023
The 2023 eprivateclient Channel Islands NextGen Leaders list is an initiative designed to identify, recognise, promote and introduce the rising stars of the private client practitioner community.