Managers of Wealth Offshore

Standing to challenge the decisions of BVI office holders

While the US proceedings were ongoing, in April 2013, the Trustee applied to the BVI High Court to restore the Company into liquidation.

Choosing between BVI and Cayman for going offshore

This is a complex matter that requires consideration of all of the client’s circumstances, including the proposed nature of the business of the offshore company, any expansion and financing plans, and the client’s specific structuring objectiv

Loeb Smith Partner Peter Vas recognised in ALB Offshore Client Choice List 2022

Peter is also described as “very responsive” in the Legal 500 Asia-Pacific.

Russian-owned asset manager put into administration by Guernsey regulator

The Commission felt it necessary to take these steps, in these particular circumstances, in order to protect the interests of investors and the reputation of the Bailiwick as a financial centre given the ongoing impact of sanctions resulting from the Russ

Cayman court revisits winding up petitions against general partners

This decision will be welcomed by the private equity industry in particular

Maples Group Welcomes 13 New Associates to its Irish Law Firm

These new appointments form part of the international law firm's annual promotions.

New Law Journal: Overview of Insolvency in the Channel Islands

The former is principally based on UK's Companies Act 1985, the latter on Jersey's ancient customary law.

Ogier advises A SPAC II Acquisition Corp on US$185 million SPAC IPO

The units issued by the company started trading under the ticker symbol "ASCBU" on NASDAQ on 3 May 2022.

Two Hong Kong Partners recognised in the ALB Asia’s Offshore Client Choice List 2022

The ALB Offshore Client Choice List recognises outstanding lawyers from offshore law firms

Claims Involving Cayman Islands Exempted Limited Partnerships

While these are somewhat technical issues, commencing proceedings against the correct party in a manner that avoids, as far is possible, arguments that the proceedings have been commenced incorrectly will save time and cost and avoid the risk of the proce

£1.9 million of seized funds returned to Nigeria

After today (19 May), the Royal Court granted the Attorney General's application to forfeit the funds.

Privy Council Decision on Directors Duties and Concurrent Findings of Fact

By its judgment, the Board provides welcome clarity on the law concerning directors' duties and on appeals against concurrent findings of fact by the courts below.

PwC’s Global Economic Crime and Fraud Survey 2022

Protecting the perimeter: The rise of external fraud

Ogier advises Joint Lead Managers in £500 million States of Jersey bond issuance

The 2.875% bonds, which are due 2052, have been listed on The International Stock Exchange and are the States' first bond issuance since 2014.

Carey Olsen advises Brazilian startup

The Carey Olsen team advising Tractian on the Cayman law aspects of the Series A was led by partner Alistair Russell

Associate shortlisted in the Jersey Finance Rising Stars Awards 2022

Aimed to inspire the next generation of finance professionals, the Rising Stars Awards recognise and reward the young talent within Jersey's finance industry, celebrating their successes and achievements.

The Economic Crime (Transparency and Enforcement) Act 2022: A british Virgin Islands Perspective

BVI entities that already own UK property, or are about to acquire UK property, need to consider their obligations under the Act carefully

Privy Council decides that banks owe no Quincecare duty to a beneficial owner of monies in an account

It therefore rejected what would have represented a significant extension of the duty which would have required banks to monitor transactions for fraud not only with their customers in mind, but also any beneficial owners.

Carey Olsen advises Stoneway Capital Ltd on successful sale of its business and restructuring under Chapter 11 and CBCA plans

The Chapter 11 Plan and the CBCA Plan (together, the Plans) of Stoneway and its affiliated debtors-in-possession went effective on 17 May 2022.

New enhancements to the Jersey Limited Partnerships Law

The dissolution of the LP takes effect upon the registration of the cancellation of the registration of the LP by the Registrar.