10/24/2014
Virgin Islands Sues Buchanan, Bank of America Over 2006 Bonds
The authority did not redeem any of the bonds with surplus revenues, violating its covenant.
Legal
10/24/2014
Letters of Wishes: adequate deliberations by Keith Robinson
Letters of Wishes are an important part of the trust landscape
10/23/2014
Carey Olsen advises on Kennedy Wilson Europe fund raising
The launch follows Carey Olsen’s involvement in KWERE's £1bn fund raise earlier this year through its initial public offering on the London Stock Exchange’s main market.
10/22/2014
Swiss Banks on Own in Navigating U.S. Offshore-Account Requirements
Swiss Government Provides Little Guidance for New Justice Department Program
10/22/2014
Offshore law firm welcomes new partner to Jersey funds practice
A leading light in the specialist funds and offshore corporate space for more than a decade
10/22/2014
Benefits of Registering Private and Corporate Aircraft in Bermuda - Conyers Dill & Pearman
You may be flying your personal or private jet in the United States or through Europe but registration in such jurisdictions may not be the right decision for you.
10/22/2014
Collas Crill lawyers on Who’s Who Legal Private Client list 2014
Four of Collas Crill's private client specialists have made the latest edition of Who's Who Legal's Private Client List.
10/21/2014
Walkers Advises Blackstone in Take Private of China's Pactera
Ropes & Gray LLP acted as instructing counsel for Blackstone and the date of completion was March 2014.
10/20/2014
Carey Olsen recognised in FT's Innovative Lawyers report
Carey Olsen has been included in the 2014 Financial Times Innovative Lawyers report for a ground-breaking Jersey case involving a request for information under a tax information exchange agreement
10/20/2014
Ogier advises Friends Life on £317 million sale of Lombard
Following the sale, Friends Life intends to return the full £317 million to shareholders via a buy-back of Friends Life's shares.
10/19/2014
UK Beneficial Owner Disclosure and Its Potential Impact on Global Financial Businesses
As part of the continued international focus on combatting cross-border tax evasion and other financial crimes, during the June 2013 Lough Erne Summit presided over by the United Kingdom (G8 Summit), the G8 countries agreed to a set of principles intended
10/17/2014
New benchmark for regulating trust and corporate service providers
The Standard, the first of its type, introduces a new minimum benchmark for businesses administering international trusts and companies to follow. It was formally adopted at GIFCS’ Plenary meeting last month.
10/17/2014
Ogier Partner shortlisted for 2015 Citywealth Power Women Award
The winners will be announced at an event held in London on 22 January 2015.
10/16/2014
Harneys shortlisted in British Legal Awards 2014
The winners are chosen by an independent panel of judges
10/15/2014
Changes to the UK Tax Residence Rules for AIFs and Pitfalls to Avoid - Dechert
The measure is undoubtedly a positive step for the UK fund industry.
10/15/2014
Ogier leads listings on Channel Islands Securities Exchange
Ogier offers listings services on the CISE through its Jersey and Guernsey offices and acts as a sponsor in relation to the listings of debt securities, investment funds, trading company shares and other securities.
10/15/2014
Appleby Advised SDM Group On Its Hong Kong Listing
Appleby acted as Cayman counsel for SDM Group Holdings Limited in relation to its listing on the Growth Enterprise Market of the Hong Kong Stock Exchange on 14 October 2014, with net proceeds of approximately HK$26.1 million.
10/15/2014
Comparison of company law in the Channel Islands and an increase in Jersey IPOs
Jersey Finance's last quarterly report on the financial services industry in Jersey (for the period ended 30 June 2014) made extremely positive reading, showing an increase in the net asset value of funds under administration in Jersey, from £1
10/15/2014
Offshore Case Digest: Bermuda, British Virgin Islands, Cayman Islands - March 2014 - June 2014
Our goal is to provide a useful reference tool for clients and practitioners who are interested in the development of case law in each jurisdiction.
10/15/2014
Leading offshore law firm advises on Pershing Square Holdings, Ltd US$3.07 billion IPO and US$6.2 billion market capitalisation
Leading offshore law firm Mourant Ozannes has advised Pershing Square Holdings, Ltd (PSH) on all Guernsey-related aspects of its conversion from an open-ended to a closed-ended registered fund, an upsized placing to raise gross proceeds of US$2.73 billion