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Jersey Royal Court re-affirms approach to indemnification of trustees

The Trustee wished to make a distribution from the Foundation to the eight sub-trusts of US$20 million, or US$2.5 million per sub-trust.

Pensions disputes: ombudsman reminds providers and members to respond promptly to notifications

The case also highlights the legal tests that apply when a scheme seeks to recover funds paid out in error on the basis that a beneficiary has been ‘unjustly enriched’.

Mayer Brown named Best Law Firm for Asset Management by AsianInvestor

AsianInvestor's annual Asset Management Awards recognize the leading asset managers and service providers that support the needs of asset managers in the Asia Pacific region.

Maples Group Supports Faros VCC

A particular driving factor for the partnership with Maples Group is its long-established reputation in the alternatives industry, which the Faros team anticipates will ease the adoption of the VCC structure by investors wishing to access our investment s

UBS Wires $14.1M to Ex-Compliance Officer Capping Off Battle over Defamation Award

The firm would have had to petition the U.S. Supreme Court for a hearing to continue with any appeal.

Reflections from the FIRE Starters Global Summit in Dublin

The conference opened with an interactive, and very entertaining, fictional case study concerning a contentious bankruptcy with multi-jurisdictional elements.

Sidley Partners Say Global Challenges Won't Stifle PE Activity

Dan Clivner and Brian Fahrney, co-leaders of the global M&A and private equity group at Sidley Austin LLP, have been advising clients on deal- and private equity-related matters for more than 40 years combined.

Milbank Advises Silicon Valley Bank in the $190 Million Financing of a US Solar Portfolio

The firm was also recently recognized as “North America Legal Advisor of the Year” by Proximo for the second year in a row

Listing Private Equity Acquisition Debt On The International Stock Exchange

Many of these debt securities are issued as part of private equity backed acquisitions.

Carey Olsen supports Nordic Capital exit of Vizrt Group to new Nordic Capital-led consortium

The secondary acquisition vehicles, which form part of the new Nordic Capital-led acquiring consortium, established with investment vehicles managed or advised by Goldman Sachs Asset Management's Vintage funds, Pantheon and Coller Capital as co-leads

Walkers Advises CK Asset Holdings on the US$4bn Sale of AMCK Aviation to Carlyle Aviation Partners

This was a strategic disposal for CK Asset Holdings, representing its exit from the aircraft leasing sector, with the working capital generated from the proceeds of sale enabling it to enhance its strategic focus during the pandemic.

Snapshot: Cayman Islands Court of Appeal clarifies test for security for costs in context of recovery claims by official liquidators against former management

It is well settled that in the Cayman Islands, if a plaintiff fails to make out its claim against a defendant, it will ordinarily be liable for the defendant's costs for defending those proceedings.

Ogier helps Jersey Heritage celebrate prehistory at La Hougue Bie

Together, they will hold the first full living history display at the award-winning replica Neolithic Longhouse.

Appleby Bermuda advised Swiss Re in innovative its USD1.15bn transaction combining bank financing and insurance-linked securities

Appleby advised in all aspects of Bermuda law. Bermuda Managing Partner Brad Adderley led the transaction with support from Associates Amber Farrington and Melinda Mayne.

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