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Legal

08/30/2024

Buyer beware! Defects and misrepresentation in property sales

The "tout tel clause" seeks to remove the seller's liability to the buyer for any defects in the property.

08/30/2024

Aojie Assists WORK Medical Technology Group LTD to Complete its Listing on Nasdaq

The Ogier team providing Cayman Islands legal advice on this project was led by partner Bradley Kruger, with support from senior associate Laura O'Byrne and associate Mike Azarnikow.

08/30/2024

Company director denies seven counts of fraud by false representation

The court heard seven people contacted the Isle of Man Office of Fair Trading with complaints

08/29/2024

Carey Olsen advises USA Rare Earth on its US$870 million business combination with Inflection Point Acquisition Corp. II

The proposed transaction values USARE at a pro-forma enterprise value of US$870 million and includes an initial circa US$35 million PIPE investment,

08/28/2024

Consultation Concludes: The Future of Seychelles Virtual Assets Now in Focus

Recent consultations and proposed legislation changes under the Virtual Asset Service Providers (VASP) Bill are set to impact our industry significantly.

08/28/2024

Ogier Hong Kong assists in the de-SPAC transaction between Tristar Acquisition I Corp and Helport Limited

The transaction involved a statutory merger in the BVI and a statutory merger in the Cayman Islands.

08/28/2024

Maples Group Luxembourg Advises BaxEnergy on its €28 Million Sale to Yokogawa Electric

The transaction closed in June2024 for a price of circa €28 million.

08/28/2024

Ogier’s Hong Kong dispute resolution experts named industry leaders in Asia

Asian Legal Business highlights the achievements of dispute resolution practitioners at offshore law firms.

08/28/2024

The sanctions regime in the British Virgin Islands

This will demonstrate effective implementation of controls and reduce the risk of any breach, leading to potential enforcement action and penalties.

08/27/2024

Ogier advises on the acquisition of ETC Group by Bitwise Asset Management

Bitwise, which is among the issuers of spot bitcoin and ether exchange-traded funds in the US, says it plans to expand ETC Group's platform in Europe. 

08/23/2024

Carey Olsen advises Paratus Energy Services on the issuance of a US$500 million senior secured bond

This transaction marks one of the largest bond issuances in the Nordic bond market in recent years and was significantly oversubscribed, reflecting robust investor confidence and strong market demand.

08/23/2024

Ogier in Guernsey advises on acquisition of crypto ETP issuer ETC Group

The Ogier team was led by partner Tim Clipstone

08/23/2024

Cayman Court Approves Winding-Up Order for "Insolvency Proof" Sigma Finance Corporation After Complex 16-Year Administrative Receivership in the UK

The Company was a structured investment vehicle (SIV), incorporated in the Cayman Islands.

08/23/2024

Recent Guernsey case sheds light on the role of a business holding assets subject to a 'Suspicious Activity Report'

The court ultimately found that on a balance of probabilities the monies held by the Defendant were not the proceeds of crime.

08/22/2024

Enforcement of foreign arbitral awards by the Grand Court of the Cayman Islands

The tribunal issued a provisional award in favour of the plaintiff

08/22/2024

Carey Olsen assists DeFinity Markets in securing JFSC approval for digital assets settlement platform

The challenger-model will see investment-grade buy and sell-side clients transact with each other using bank-intermediated credit via the prime brokerage desk.

08/22/2024

Conyers Advises on the Establishment and Licensing of Bellemeade Re 2024-1 Ltd. as a Special Purpose Insurer

This vehicle was sponsored by Arch Mortgage Insurance Company and United Guaranty Residential Insurance Company.

08/21/2024

Appleby’s ‘Moot Court’ Project Immerses Bermuda Interns in Real-World Legal Challenges

Appleby Bermuda Announces Winners of the 2024 Summer Internship Moot Court Competition

08/21/2024

Ogier in Guernsey advises Blackstone on US$1.572bn Hipgnosis acquisition

Blackstone Inc. is one of the world’s leading investment firms

08/21/2024

Amendments to the Cyprus Companies Law – additional powers of the Registrar of Companies to update its records

In the context of the amendments, the term “information” includes a wide range of personal and corporate data, including identification details and contact information.

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