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Harneys advises BVI company on US$1.3 billion transaction

Harneys acted on instructions from Vinson & Elkins in London, and the team was led by Partner George Weston with assistance from Associate Melissa Thomas.

Global Financial Collateral: A Guide to Security Interests in Securities, Securities Accounts, and Deposit Accounts in International Transactions

Covering more than 40 jurisdictions, this resource reveals the richness and complexity of commercial law in respect of security interests in financial collateral for international transactions.

At a glance: APAC employment and incentives developments – H1 2021 (January to June 2021)

We have kept our explanations short and succinct.

Clifford Chance joins Nation's Leading Law Firms' Response to Investment Company Act Lawsuits Targeting the SPAC Industry

Under the provision of the 1940 Act relied upon in the lawsuits, an investment company is a company that is or holds itself out as being engaged primarily, or proposes to engage primarily, in the business of investing, reinvesting or trading in securities

White & Case Advises Nordea and Skandinaviska Enskilda Banken

Vitec Software Group is a market leader for Vertical Market Software in the Nordic region, developing and delivering standard niche software.

Fraud in cryptoassets – proper place to be tried?

The Applicants suffered a loss of $2.6m after unidentified fraudsters gained access to their cryptocurrency accounts.

Bedell Cristin advises Ocorian on the acquisition of Trust Corporation

This acquisition enhances Ocorian’s ability to provide a comprehensive service offering to private clients and international corporates in Guernsey alongside its existing strength in fund administration.

Recent legislative changes in BVI help to enhance the appeal of the already popular Private Trust Company

Business owners and internal HNW families often use BVI PTCs to act as trustees of a trust or trusts where they do not wish to transfer their wealth or family business to a third party professional trust company, or where they wish to establish separate f

English courts confirm extensive remedies available for victims of cryptocurrency fraud

A key part of the legal test as to whether a Bankers Trust order should be made is whether there is a real prospect that the information sought will lead to the location or preservation of those assets.

Conyers secures costs for opposing creditors

Prudential and Guggenheim (both represented by Conyers) in advance of the liquidation each filed their respective notices of intention to appear, in addition to a short note setting out their reasons for opposition.

Madoff Victims Get Second Crack at Citigroup’s $343 Million

Picard claimed Citi failed to act on red flags concerning Madoff, but a bankruptcy court dismissed the suit, finding the trustee had not shown the bank acted with “willful blindness” to possible fraud.

DIFC collaborates with UK on protection of international data transfers

It added that recognition would reinforce data flows between the jurisdictions, help build better trade relationships and promote high standards of accountability and transparency in businesses that deal with DIFC entities.

Ogier's market-leading Restructuring and Corporate Recovery team sponsors INSOL Channel Islands

The seminar will focus on both offshore and cross-border topics, including substance, the future of audit, and governmental adoption of new and emerging technologies.

Mourant welcomes nine summer interns

The scheme is open to all Caymanian students who at a minimum, are in their last year of high school, with a keen interest in learning about a career in the offshore legal services industry.

Bedell Cristin advises Ocorian on the acquisition of Trust Corporation

Walkers Expands Market Leading Professional Services to the BVI

The increase in international and domestic regulation has led to a flight to quality for many market participants gravitating towards service providers with integrated legal, fiduciary and corporate services offerings.

What level of risk of dissipation of assets is required for the grant of an asset freezing injunction?

Because an asset freezing injunction is a drastic interference with a person’s right to do as they wish with their assets, the Court is vigilant to ensure that such an injunction is granted only where there is a real risk of a judgment going unsatis

Tech and Digital Regulation

Almost weekly there are new headlines warning of risks and perils of ‘big tech’ and misuse of data. Now, more than ever, it is important to ensure public trust in technology, its providers, and to advocate for global standards.

Allen & Overy advises RAJA Group

This acquisition is part of RAJA Group's sales growth, customer base expansion, and product diversification strategy, and will bring additional growth opportunities in the years to come as well as a solid foundation for developing its activity in Eur

Clifford Chance advises a syndicate of lenders

The syndicated financing is linked to certain key ESG performance indicators, with Banco Santander acting as sustainability agent and coordinator.

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