03/21/2022
Carey Olsen advises Falko in US$855 million sale to Chorus Aviation
The sale is subject to applicable regulatory approvals and customary completion requirements and is expected to close in the second quarter of 2022.
Legal
03/20/2022
Walkers Corporate sues ministry in beneficial ownership info dispute
The Cayman Islands government is under pressure to demonstrate to the Financial Action Task Force by May of this year that it has implemented an agreed action plan.
03/20/2022
Jersey: Anti-Bribery and Corruption
Establishing and implementing effective anti-bribery and corruption policies and procedures in line with the UK Guidance will help to detect and prevent unscrupulous acts, reduce the risk of reputational damage and assist in defending any prosecution.
03/18/2022
Harneys wins Deal of the Year
The Banking & Finance team at Harneys has decades of experience advising on BVI legal issues
03/18/2022
Group Partner Michael Morris recognised in Spears 500
An annual publication, The Spear's 500 was first released in 2014, standing as the world's first comprehensive guide to the top private client advisors, wealth managers and HNW service providers.
03/18/2022
Bridging the Gap – How Trusts Can Give DAOs a Foothold in the Traditional Economy
A DAO is a Decentralised Autonomous Organisation formed using blockchain technology combining coins or tokens to raise funds and equity
03/16/2022
Bedell Cristin advises Menora Mivtachim Insurance Company
Since its inception, it has acquired 5 office buildings in central locations in London, Oxford and Cambridge, with a total investment of £646 million.
03/16/2022
EU securitisation vehicles to be in scope of ATAD 1 interest limitation rules
This development comes a result of a reasoned opinion, addressed to Luxembourg by the EU Commission, in which it stated that it considers the list of financial undertakings within the meaning of ATAD 1 as a static one, which therefore cannot be extended t
03/16/2022
Conyers Announces Winners of Black History Month Essay Competition 2022
Amaris Munya will receive a prize of $1000 for her essay on the courageous Black leaders that changed history for the better.
03/16/2022
Harneys advises Mondelēz International
The firm’s significant track record includes advising on high profile private equity transactions, landmark IPOs, as well as public and private M&A and joint ventures.
03/15/2022
Bahamas Provider Slams $20m Crypto ‘Fraud’ Claim
It claims they worked with two other defendants, Suisse Finance Holdings and Richard Iamunno, to undermine its digital token offering and cause $20m worth of losses.
03/15/2022
Statutory mergers, schemes of arrangement and tender offers under Cayman Islands law – A comparison
The Companies Act provides a bidder with mechanisms (through a statutory merger, scheme of arrangement or tender offer (coupled with compulsory acquisition, also known as 'squeeze-out', provisions)) that enable it to acquire all of the shares in
03/14/2022
Ogier represents Provident Acquisition in US$1.02 billion business combination with Perfect
The transaction, which will result in Perfect becoming a public company, is expected to deliver up to US$335 million of gross proceeds to the combined company
03/11/2022
"Rescue" or "debtor-in-possession" finance in restructuring and insolvency – Cayman Islands
This was first published as the Cayman Islands Chapter in INSOL International's Comparative Review of Approaches to "Rescue" or "Debtor-In-Possession" (DIP) Finance in Restructuring and Insolvency Regimes.
03/11/2022
Conyers advises IHS Markit
Directors Niel Jones and Edward Rance of Conyers Bermuda worked on the matter, supported by associates Karoline Tauschke and Jacari Brimmer-Landy.
03/11/2022
Confidential documents from Cayman trial released for Lazareva arbitration
Lazareva appealed her conviction, which was vacated in May 2019
03/10/2022
Appleby advises Endurance Acquisition Corp.
The business combination will result in SatixFy becoming a publicly listed company and is expected to give the combined company a pro forma implied equity value of around $813 million.
03/10/2022
Jersey insolvency: a new beginning for creditors
This is an important development for the insolvency legislation of Jersey, bolstering the jurisdiction's position as a leading international finance centre.
03/09/2022
Guernsey capacity law to bring in lasting powers of attorney is set for 1 of April 2022
The introduction of LPAs will give islanders an effective solution to plan for their future in advance, as LPAs are very flexible.
03/09/2022
Maples Advises Amber Group
A team based in the international law firm's Hong Kong practice acted as Cayman Islands counsel to Amber Group, led by Partner, Everton Robertson and assisted by Associate, Jessica Zhan.