07/18/2023
Conyers Recognised as Leading Firm in IFLR1000’s 2023 Americas Rankings
The firm’s practices in Bermuda, the British Virgin Islands and Cayman Islands were all ranked, alongside 20 individual lawyers.
Legal
07/18/2023
Re HQP Corporation Limited (In Official Liquidation)– a Lifeline for Unredeemed Investors in cases of substantial corporate fraud
In such a case, once the fraud has been discovered, it is unlikely to be very long before the company is put into liquidation.
07/17/2023
Grand Court of the Cayman Islands Determines that Misrepresentation Claims by Subscribing Investors are both Permissible and Rank as Unsecured Debts
Officeholders of companies in liquidation which misled subscribing investors might need to reconsider the categories of stakeholders
07/17/2023
Ferbrache & Farrell's dispute resolution team contributes to global interview panel
Martin Jones, a partner and the firm's head of Dispute Resolution
07/14/2023
Collas Crill shortlisted for Guernsey law firm of the year in Citywealth IFC awards 2024
The online voting counts for ten percent of the vote and will be taken into consideration by the judges when they make their final decision.
07/14/2023
Walkers' Guernsey Private Capital & Trust team have advised the Marketing DAO on the establishment of a bespoke legal framework
Additionally, resources will be allocated to marketing projects to develop and improve awareness of the NEAR ecosystem.
07/14/2023
New registration regime for individuals relying on the 'up to six-directorships' exemption
The licensing requirement captures directorships of any company, anywhere, ie not just to Bailiwick companies but foreign incorporated companies (as it applies to any person acting as a director in or from within the Bailiwick, regardless of where the com
07/14/2023
Changes to the requirements for individuals acting as a director
Individuals carrying on such regulated activity in or from within the Bailiwick are required to hold a personal licence pursuant to the Fiduciaries Law (a "Personal Fiduciaries Licence") unless an exemption applies.
07/13/2023
Dentons Delany continues to elevate local talent to partnership and multijurisdictional oversight
Dentons Delany launches quinquennial partner promotions in the Caribbean
07/12/2023
Guernsey’s strong privacy laws recognized in UK’s first post-Brexit data adequacy decision
This data adequacy decision will help Bailiwick Law Enforcement prevent crime and work with UK authorities during investigations.
07/12/2023
BVI Commercial Court rules that ultimate beneficial interest holders of notes are 'creditors' under the Insolvency Act 2003
The Company failed to pay interest and principal on the maturity date of the Notes.
07/12/2023
Harneys advises Keep Inc. on its Hong Kong IPO
It offers personalised fitness programs, sports apparel and devices, health food, and other wellbeing services.
07/12/2023
Caribbean Regulatory Update – Q3 2023
Recently published Virgin Islands Money Laundering Risk Assessment 2022
07/11/2023
Five Reasons Reinsurance is Ramping Up in Cayman
The ideal jurisdiction of domicile for a new reinsurer is driven by a multitude of factors and there is no one size fits all.
07/11/2023
Capital Contributions – Banana Peel, Beware!
In this note we highlight the steps that should be taken to avoid any potential pitfalls inherent in this approach.
07/11/2023
Guernsey regulator updates AML/CFT handbook
An employee can perform the independent audit function, but that employee must be independent from the employees who either design, maintain or apply the AML/CFT policies, procedures and controls.
07/11/2023
Appleby Advising Aegon on its Legal Domicile Moving to Bermuda
The change of Aegon’s legal domicile to Bermuda will allow Aegon to maintain its headquarters in the Netherlands
07/10/2023
What are the risks to consider before Purchasing a strata property?
The strata corporation may also appoint a management company or a property manager to handle the day-to-day operations
07/10/2023
Can the British Virgin Islands Court order the examination of foreign persons in BVI liquidations?
As such, the answer to the question is likely to remain uncertain until it has been resolved by the Eastern Caribbean Court of Appeal.
07/10/2023
Hogan Lovells advises IBM in $4.6bn software acquisition
The acquisition is a continuation of IBM's investment in hybrid cloud and AI and is expected to drive significant synergies across several key growth areas for IBM.