Managers of Wealth - Legal http://legal.managersofwealth.com/ Sun, 19 May 2024 13:01:16 BST part of MediaG8way Group http://legal.managersofwealth.com/ http://legal.managersofwealth.com/assets/images/logo.png Managers of Wealth - Legal KohanaPHP Carey Olsen named Offshore Law Firm of the Year at the WealthBriefing European Awards News Team Friday, March 22, 2024 12:00 am http://legal.managersofwealth.com/article/76048/carey-olsen-named-offshore-law-firm-of-the-year-at-the-wealthbriefing-european-awards Carey Olsen has been named Offshore Law Firm of the Year at the twelfth annual WealthBriefing European Awards 2024. Wealth, Trusts and Family Office Teamwork makes the dream work: a look at collaboration with luxury brands in the hotels and hospitality space News Team Wednesday, February 14, 2024 12:00 am http://legal.managersofwealth.com/article/75615/teamwork-makes-the-dream-work-a-look-at-collaboration-with-luxury-brands-in-the-hotels-and-hospitality-space Collaboration need not always be through design Wealth, Trusts and Family Office Mourant achieves joint top spot in Private Client Global Elite Directory with 17 lawyers recognised News Team Friday, January 26, 2024 12:00 am http://legal.managersofwealth.com/article/75398/mourant-achieves-joint-top-spot-in-private-client-global-elite-directory-with-17-lawyers-recognised In addition, eight Mourant lawyers have been awarded Private Client Global Excellence accolades. Wealth, Trusts and Family Office Nancy Chien recognised in the eprivateclient 50 Most Influential list for the third consecutive year News Team Wednesday, January 17, 2024 12:00 am http://legal.managersofwealth.com/article/75285/nancy-chien-recognised-in-the-eprivateclient-50-most-influential-list-for-the-third-consecutive-year Nancy and her team advise UHNW families, family office and intermediaries Wealth, Trusts and Family Office eprivateclient recognises James Campbell in 50 Most Influential list for sixth consecutive year News Team Wednesday, January 17, 2024 12:00 am http://legal.managersofwealth.com/article/75286/eprivateclient-recognises-james-campbell-in-50-most-influential-list-for-sixth-consecutive-year The accolade follows a tough judging process Wealth, Trusts and Family Office Key trends shaping the landscape of private wealth disputes News Team Friday, December 01, 2023 12:00 am http://legal.managersofwealth.com/article/74811/key-trends-shaping-the-landscape-of-private-wealth-disputes The mechanisms by which the establishment of a trust or an apportionment of trust assets can be invalidated are, absent demonstrating the existence of sham, very limited. Wealth, Trusts and Family Office Withers wins £3m refinancing dispute for wealth management client News Team Wednesday, November 22, 2023 12:00 am http://legal.managersofwealth.com/article/74697/withers-wins-amppound3m-refinancing-dispute-for-wealth-management-client We successfully obtained judgment against the companies during the disclosure stage of the proceedings. Wealth, Trusts and Family Office A new lifeline: how family offices are funding unmet medical needs News Team Wednesday, November 22, 2023 12:00 am http://legal.managersofwealth.com/article/74700/a-new-lifeline-how-family-offices-are-funding-unmet-medical-needs The changing role of family offices in impact-driven innovation is reflective of shifts in the wider investment landscape Wealth, Trusts and Family Office The future of the trust industry? News Team Tuesday, November 21, 2023 12:00 am http://legal.managersofwealth.com/article/74689/the-future-of-the-trust-industry The data collected during the life of the pilot will ultimately be anonymised and turned into insights by data analysts. Wealth, Trusts and Family Office Conversations with the next gen: a little knowledge goes a long way in private wealth planning News Team Wednesday, November 01, 2023 12:00 am http://legal.managersofwealth.com/article/74457/conversations-with-the-next-gen-a-little-knowledge-goes-a-long-way-in-private-wealth-planning For instance, the older generation or predecessors may have a primary focus of maintaining and growing family wealth Wealth, Trusts and Family Office Dentons celebrates honourees at the 2024 Canadian Law Awards News Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76647/dentons-celebrates-honourees-at-the-2024-canadian-law-awards Among the honourees were cases, deals, initiatives as well as individual and team accolades across multiple categories Government Regulation Herbert Smith Freehills consolidates its Corporate/M&A and Banking & Finance teams with the integration of three Of Counsels News Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76649/herbert-smith-freehills-consolidates-its-corporatemampampa-and-banking-ampamp-finance-teams-with-the-integration-of-three-of-counsels It will be able to count on the support of the firm's ECM teams, located in major international markets, particularly in London, to cover all aspects of market operations. Government Regulation Proposed changes to Australia’s foreign investment rules aim to fuel investment in key sectors News Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76655/proposed-changes-to-australiaamprsquos-foreign-investment-rules-aim-to-fuel-investment-in-key-sectors The announcements are a welcome step in reducing some of the delays and costs under the current foreign investment regime that may have been seen to deter some foreign investment. Government Regulation Economic Crime and Corporate Transparency Act: changes to the register of overseas entities News Team Thursday, May 16, 2024 1:00 am http://legal.managersofwealth.com/article/76630/economic-crime-and-corporate-transparency-act-changes-to-the-register-of-overseas-entities These are the most significant updates to the ROE regime since its inception and we explore some of the more material updates below. Government Regulation Hotel Owners and Investment Treaty Protection News Team Thursday, May 16, 2024 1:00 am http://legal.managersofwealth.com/article/76631/hotel-owners-and-investment-treaty-protection The chances are that local courts will not be a preferred forum for you to resolve an ensuing dispute with the government. Government Regulation Financial firms should review market abuse detection and reporting arrangements News Team Thursday, May 16, 2024 1:00 am http://legal.managersofwealth.com/article/76632/financial-firms-should-review-market-abuse-detection-and-reporting-arrangements The publication provides a summary of steps firms should undertake to avoid order and trade surveillance failures. Government Regulation Limits on director liability for trade mark infringement confirmed in the UK News Team Thursday, May 16, 2024 1:00 am http://legal.managersofwealth.com/article/76633/limits-on-director-liability-for-trade-mark-infringement-confirmed-in-the-uk The lower courts had held the Ahmeds were jointly liable for trade mark infringement that two family-owned companies they were respectively directors of had committed. Government Regulation A guide to structured finance and securitisation in Jersey News Team Thursday, May 16, 2024 1:00 am http://legal.managersofwealth.com/article/76635/a-guide-to-structured-finance-and-securitisation-in-jersey This short guide provides a high-level overview of structured finance and securitisation in Jersey. Government Regulation The Grand Court of the Cayman Islands considers when it will appoint provisional liquidators over restructuring officers News Team Thursday, May 16, 2024 1:00 am http://legal.managersofwealth.com/article/76640/the-grand-court-of-the-cayman-islands-considers-when-it-will-appoint-provisional-liquidators-over-restructuring-officers This test is now the relevant test for the appointment of a restructuring officer under section 91B. Government Regulation New scheme introduced in Jersey to improve the quality of rented accommodation News Team Wednesday, May 15, 2024 1:00 am http://legal.managersofwealth.com/article/76620/new-scheme-introduced-in-jersey-to-improve-the-quality-of-rented-accommodation As discussed in our landlord licencing briefing, the Scheme aims to improve the quality of rented accommodation in Jersey. Government Regulation HMRC ‘dual role’ agents guidance of limited help to football clubs News Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76646/hmrc-amplsquodual-roleamprsquo-agents-guidance-of-limited-help-to-football-clubs Robotham was commenting after HMRC issued promotional material titled ‘Help with football agents' fees and dual representation contracts Tax Unallowable purpose and utilising existing losses News Team Tuesday, May 14, 2024 1:00 am http://legal.managersofwealth.com/article/76606/unallowable-purpose-and-utilising-existing-losses Arrangements entered into to enable a group to utilise trapped losses more quickly had an unallowable purpose. Tax IRS Issues New Ruling Policy on Spin-Off Transactions News Team Friday, May 10, 2024 1:00 am http://legal.managersofwealth.com/article/76584/irs-issues-new-ruling-policy-on-spin-off-transactions New IRS Revenue Procedure Changes Ruling Practice for Retained Stock and Securities, Tax-Free Stock-for-Debt Exchanges and Debt Securities-for-Debt Exchanges Tax California property tax and Proposition 19 News Team Friday, April 26, 2024 1:00 am http://legal.managersofwealth.com/article/76436/california-property-tax-and-proposition-19 The $1 million non-principal residence exclusion would be eliminated entirely. Tax Important considerations when receiving an inheritance News Team Friday, April 26, 2024 1:00 am http://legal.managersofwealth.com/article/76437/important-considerations-when-receiving-an-inheritance Governing agreements often include restrictions on the rights of members to withdraw their interests Tax Foreign dividends reform ‘a boost Ireland’s holding company credentials’ News Team Wednesday, April 10, 2024 1:00 am http://legal.managersofwealth.com/article/76246/foreign-dividends-reform-amplsquoa-boost-irelandamprsquos-holding-company-credentialsamprsquo The proposal is to apply the exemption to “foreign dividends and other types of distributions that represent income Tax VAT anti-abuse and domestic presumptions News Team Monday, April 08, 2024 1:00 am http://legal.managersofwealth.com/article/76218/vat-anti-abuse-and-domestic-presumptions Rebuttable presumptions based on the volume of turnover were an inappropriate and illegal basis for applying the abuse of law principle Tax Allen & Overy’s Scott Cockerham on tax insurance in green energy credit deals News Team Thursday, April 04, 2024 1:00 am http://legal.managersofwealth.com/article/76186/allen-ampamp-overyamprsquos-scott-cockerham-on-tax-insurance-in-green-energy-credit-deals Allen & Overy’s Scott Cockerham on tax insurance in green energy credit deals Tax NHS parking charges should be free of VAT, Court of Appeal rules News Team Tuesday, March 26, 2024 12:00 am http://legal.managersofwealth.com/article/76083/nhs-parking-charges-should-be-free-of-vat-court-of-appeal-rules Having concluded on this point, the Court of Appeal considered whether non-taxation of NHS parking would create a distortion of competition. Tax Irish tax treatment of some intra-group payments to change from 1 April News Team Monday, March 25, 2024 12:00 am http://legal.managersofwealth.com/article/76071/irish-tax-treatment-of-some-intra-group-payments-to-change-from-1-april The change is given legal effect by the Finance (No. 2) Act 2023 and was trailed in a feedback statement issued by the Irish Department of Finance in July last year. Tax Game changing women in tech: insights from founders and investors driving innovation News Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76648/game-changing-women-in-tech-insights-from-founders-and-investors-driving-innovation Several of our respondents, whether working on the investor or the fund-raising side, also pointed to structural issues in how female founders access venture capital funding. Comment, Analysis & Research Carey Olsen named official headline sponsor of Chirpy's Cricket Club News Team Thursday, May 16, 2024 1:00 am http://legal.managersofwealth.com/article/76634/carey-olsen-named-official-headline-sponsor-of-chirpyamp039s-cricket-club Carey Olsen is the official headline sponsor for Chirpy's Cricket Club, having supported the club as a coaches' development sponsor for a number of years. Comment, Analysis & Research Key Considerations for Establishing a Summer Internship Programme News Team Thursday, May 16, 2024 1:00 am http://legal.managersofwealth.com/article/76637/key-considerations-for-establishing-a-summer-internship-programme Employers should also consider how benefits are to be extended to interns Comment, Analysis & Research Maples Group's Second SFDR Impact Analysis Reveals 20% Growth in Sustainability Focused Funds, with Assets now Exceeding €5 Trillion News Team Wednesday, May 15, 2024 1:00 am http://legal.managersofwealth.com/article/76619/maples-groupamp039s-second-sfdr-impact-analysis-reveals-20-growth-in-sustainability-focused-funds-with-assets-now-exceeding-ampeuro5-trillion The report is designed to assist asset managers in navigating the complex and evolving SFDR requirements, as well as providing valuable insights and peer analysis on the approaches taken to date. Comment, Analysis & Research Contractors may be impacted by Australian security of critical infrastructure reform News Team Wednesday, May 15, 2024 1:00 am http://legal.managersofwealth.com/article/76624/contractors-may-be-impacted-by-australian-security-of-critical-infrastructure-reform As a result, contractors working on transport, energy and water projects might have to abide by the newly extended obligations. Comment, Analysis & Research Limited Partnerships: Cayman Court confirms jurisdiction to appoint an alternative voluntary liquidator News Team Wednesday, May 15, 2024 1:00 am http://legal.managersofwealth.com/article/76626/limited-partnerships-cayman-court-confirms-jurisdiction-to-appoint-an-alternative-voluntary-liquidator The application was opposed by the General Partner (the GP). Comment, Analysis & Research Guernsey trusted location for pension scheme longevity swaps News Team Tuesday, May 14, 2024 1:00 am http://legal.managersofwealth.com/article/76602/guernsey-trusted-location-for-pension-scheme-longevity-swaps Guernsey is a popular European domicile for many UK defined benefit (DB) pension scheme longevity swaps, according to Christopher Anderson, partner at law firm, Carey Olsen. Comment, Analysis & Research Law.com International Honors Marion Provost in Female Rising Stars Continental Europe List News Team Tuesday, May 14, 2024 1:00 am http://legal.managersofwealth.com/article/76615/lawcom-international-honors-marion-provost-in-female-rising-stars-continental-europe-list She has been involved in numerous high-profile mergers Comment, Analysis & Research Baker McKenzie Partner Aarthi Belani Recognized Among Silicon Valley Business Journal's 2024 Women of Influence News Team Monday, May 13, 2024 1:00 am http://legal.managersofwealth.com/article/76596/baker-mckenzie-partner-aarthi-belani-recognized-among-silicon-valley-business-journalamp039s-2024-women-of-influence This prestigious award honors outstanding women in Silicon Valley who have demonstrated influence and impact in their respective industries and communities. Comment, Analysis & Research Leading firm for family and divorce law in 2024 Hong Kong edition of Doyle's Guide News Team Wednesday, May 08, 2024 1:00 am http://legal.managersofwealth.com/article/76546/leading-firm-for-family-and-divorce-law-in-2024-hong-kong-edition-of-doyleamp039s-guide We are very thankful to our clients for your invaluable feedback Comment, Analysis & Research Appleby Bermuda Makes 25th Holiday Donation to Star Charity News Team Wednesday, December 20, 2023 12:00 am http://legal.managersofwealth.com/article/75029/appleby-bermuda-makes-25th-holiday-donation-to-star-charity Appleby has been supporting STAR charity during the holidays since 1998, supporting six families with food hampers, fruit baskets and gifts, with gift certificates this year for 30 family members. Charity & Philanthropy Withers' charity and philanthropy team wins recognition in major legal directories News Team Friday, November 03, 2023 12:00 am http://legal.managersofwealth.com/article/74485/withersamp039-charity-and-philanthropy-team-wins-recognition-in-major-legal-directories The Withers’ charities and philanthropy team has been recognised as a top tier practice by leading directories Legal 500 and Chambers and Partners for 2023/2024. Charity & Philanthropy Carey Olsen partners with World Triathlon Bermuda and legal team compete to raise funds for Family Centre Bermuda News Team Tuesday, October 11, 2022 1:00 am http://legal.managersofwealth.com/article/70064/carey-olsen-partners-with-world-triathlon-bermuda-and-legal-team-compete-to-raise-funds-for-family-centre-bermuda Carey Olsen Bermuda is a supporter of many community-based sports and activities. Charity & Philanthropy Ethical investment - latest for charities on striking the right balance News Team Friday, May 13, 2022 1:00 am http://legal.managersofwealth.com/article/68241/ethical-investment-latest-for-charities-on-striking-the-right-balance How should charity trustees approach the thorny issue of avoiding investments that conflict with their charity’s purposes whilst at the same time trying to maximise financial returns? This was the dilemma at the heart of a recent High Court ruling Charity & Philanthropy Cayman Islands Foundation Companies for DAOs, Defi and NFTs News Team Thursday, April 07, 2022 1:00 am http://legal.managersofwealth.com/article/67795/cayman-islands-foundation-companies-for-daos-defi-and-nfts One of the most important considerations, as explained further below, is the Cayman Virtual Assets (Service Providers) Act (VASP Act) and how it might impact a project. Charity & Philanthropy Bedell Cristin sponsors artwork installation at La Vallette Bathing Pools in collaboration with GCFE young designers News Team Friday, August 20, 2021 1:00 am http://legal.managersofwealth.com/article/64520/bedell-cristin-sponsors-artwork-installation-at-la-vallette-bathing-pools-in-collaboration-with-gcfe-young-designers There will be a focus on education, the history and heritage of the site, sustainability, the environment and social interaction. Charity & Philanthropy Philanthropy 2021: 'Doing Better at Doing Good' News Team Friday, August 13, 2021 1:00 am http://legal.managersofwealth.com/article/64398/philanthropy-2021-amp039doing-better-at-doing-goodamp039 Many philanthropic funders rose to the occasion and expanded their grants programmes to accommodate the uncertainty and increasing need. Charity & Philanthropy Bird & Bird becomes pro-bono partner of FEDORA to support sustainability, equality and digital transformation in performing arts News Team Friday, June 18, 2021 1:00 am http://legal.managersofwealth.com/article/63543/bird-ampamp-bird-becomes-pro-bono-partner-of-fedora-to-support-sustainability-equality-and-digital-transformation-in-performing-arts FEDORA is a non-profit organisation at the forefront of cultural and artistic creation and philanthropy, with 96 member organisations in 26 countries. Charity & Philanthropy Appleby Donates $25,000 to Bermuda Hospital Vaccination Clinic News Team Thursday, April 22, 2021 1:00 am http://legal.managersofwealth.com/article/62710/appleby-donates-25000-to-bermuda-hospital-vaccination-clinic The donation is to assist in the operating costs of the King Edward Memorial Hospital Covid-19 Vaccination Clinic. Charity & Philanthropy Reduce inheritance tax by leaving a gift to charity News Team Monday, March 08, 2021 12:00 am http://legal.managersofwealth.com/article/62122/reduce-inheritance-tax-by-leaving-a-gift-to-charity The reduced rate of 36% applies where the individual leaves at least 10% of their net estate, known as ‘the baseline amount’, to charity. Charity & Philanthropy Jersey funds law series - professional investor regulated scheme exemption for service providers News Team Friday, October 27, 2023 1:00 am http://legal.managersofwealth.com/article/74417/jersey-funds-law-series-professional-investor-regulated-scheme-exemption-for-service-providers The administration and management of Jersey investment structures can be complex and requires service providers to be aware of the regulatory requirements and exemptions that they may face when providing relevant services in respect of such structures. Money Laundering and AML British Virgin Islands: Premier Andrew Fahie arrested in US drug sting News Team Friday, April 29, 2022 1:00 am http://legal.managersofwealth.com/article/68080/british-virgin-islands-premier-andrew-fahie-arrested-in-us-drug-sting Premier Andrew Fahie was detained in Miami by US agents posing as cocaine traffickers from a Mexican drug cartel. Money Laundering and AML The sports industry: Laundering more than dirty kit? News Team Friday, April 29, 2022 1:00 am http://legal.managersofwealth.com/article/68084/the-sports-industry-laundering-more-than-dirty-kit But unfortunately, the reality is that the sports industry can be an attractive target for criminal activity, including money laundering. Money Laundering and AML Gambling AML: Money Laundering Through Casinos News Aggregation Team Friday, April 29, 2022 1:00 am http://legal.managersofwealth.com/article/68087/gambling-aml-money-laundering-through-casinos One of the industries with the biggest risk of money laundering is casinos. Money Laundering and AML Signatures for Sale: How Nominee Services for Shell Companies Are Abused to Conceal Beneficial Owners News Team Friday, April 29, 2022 1:00 am http://legal.managersofwealth.com/article/68089/signatures-for-sale-how-nominee-services-for-shell-companies-are-abused-to-conceal-beneficial-owners The report draws evidence from a global mystery shopping exercise based on thousands of solicitations for shell companies, as well as marketing information from shell company providers, and journalistic and policy research on the topic. Money Laundering and AML Guernsey AML News Team Thursday, March 31, 2022 1:00 am http://legal.managersofwealth.com/article/67700/guernsey-aml Guernsey has a democratic assembly known as the States of Guernsey; Alderney and Sark have their own parliaments. Money Laundering and AML 10 measures to expose sanctioned Russian oligarchs’ hidden assets News Team Friday, March 04, 2022 12:00 am http://legal.managersofwealth.com/article/67290/10-measures-to-expose-sanctioned-russian-oligarchsamprsquo-hidden-assets The Tax Justice Network has in response published a briefing detailing 10 transparency measures Money Laundering and AML More change proposed to Jersey's AML regime: Are you Exempt? News Team Thursday, February 24, 2022 12:00 am http://legal.managersofwealth.com/article/67173/more-change-proposed-to-jerseyamp039s-aml-regime-are-you-exempt The rationale for the application of certain current scope exemptions, which mean certain businesses do not have to comply with the anti-money laundering framework, was also identified by the MONEYVAL Report as a cause for concern. Money Laundering and AML US Treasury's AML report weighs against increased regulations in art market for now News Team Thursday, February 17, 2022 12:00 am http://legal.managersofwealth.com/article/67074/us-treasuryamp039s-aml-report-weighs-against-increased-regulations-in-art-market-for-now Contrary to what many had expected, however, FinCEN concluded that there is limited evidence of money laundering and little risk of terror financing through the sale of high value art. Money Laundering and AML EU AML update: solutions for affected Cayman securitisation entities News Team Tuesday, February 08, 2022 12:00 am http://legal.managersofwealth.com/article/66946/eu-aml-update-solutions-for-affected-cayman-securitisation-entities Regulations prohibits the establishment of securitisation special purpose entities (SSPEs) in countries listed on the EU AML blacklist Money Laundering and AML Bermuda – 2022 Economic Substance Declaration Form Updates, Registrar of Companies Compliance Reviews and Prospective Compliance Planning News Team Friday, May 27, 2022 1:00 am http://legal.managersofwealth.com/article/68414/bermuda-ampndash-2022-economic-substance-declaration-form-updates-registrar-of-companies-compliance-reviews-and-prospective-compliance-planning The Registrar has issued two industry notices during the past month. Offshore and IFC Cayman Court extends the timing of factual evidence in section 238 proceedings until third party disclosure is completed News Team Friday, May 27, 2022 1:00 am http://legal.managersofwealth.com/article/68420/cayman-court-extends-the-timing-of-factual-evidence-in-section-238-proceedings-until-third-party-disclosure-is-completed Sina Corporation effected a take-private merger in the Cayman Islands. Offshore and IFC Cayman Update: Return of Mistaken Payments held on Constructive Trust News Team Friday, May 27, 2022 1:00 am http://legal.managersofwealth.com/article/68421/cayman-update-return-of-mistaken-payments-held-on-constructive-trust The Court accepted that no benefit could have accrued to a payor in respect of a Mistaken Payment and that the Company would have been fixed with this knowledge at the time of receipt. Offshore and IFC Privy Council permits enforcement of arbitral award under New York Convention despite alleged lack of due process News Team Friday, May 27, 2022 1:00 am http://legal.managersofwealth.com/article/68422/privy-council-permits-enforcement-of-arbitral-award-under-new-york-convention-despite-alleged-lack-of-due-process The Convention provides a set of international legal standards for the recognition and enforcement of arbitration awards Offshore and IFC Fun and Games Ahead? News Team Thursday, May 05, 2022 1:00 am http://legal.managersofwealth.com/article/68134/fun-and-games-ahead In addition to outlining the new provisions, this article will explore the scope for abuse of the new regime by unscrupulous debtors. Offshore and IFC Snapshot: confidentiality in Cayman Islands arbitration proceedings News Team Thursday, May 05, 2022 1:00 am http://legal.managersofwealth.com/article/68135/snapshot-confidentiality-in-cayman-islands-arbitration-proceedings There are a number of other exception categories which are less likely to be available in a commercial context Offshore and IFC In Your Court: Offshore Dispute Resolution Review News Team Thursday, March 31, 2022 1:00 am http://legal.managersofwealth.com/article/67697/in-your-court-offshore-dispute-resolution-review This variety is reflected in the range of content from our team in this edition Offshore and IFC Russia Sanctions: Reporting obligations in BVI, Cayman, and Anguilla News Team Wednesday, March 30, 2022 1:00 am http://legal.managersofwealth.com/article/67668/russia-sanctions-reporting-obligations-in-bvi-cayman-and-anguilla Bermuda was not included in the UKOTs to which the 2019 Russia-UK Regulations were extended. Offshore and IFC International law firm merges with Dublin-based Solicitors News Team Wednesday, March 30, 2022 1:00 am http://legal.managersofwealth.com/article/67676/international-law-firm-merges-with-dublin-based-solicitors Ireland combines a thriving domestic market and a significant and growing centre for financial services excellence which we believe is a great fit for our next home jurisdiction. Offshore and IFC Ogier named best offshore firm News Team Friday, March 25, 2022 12:00 am http://legal.managersofwealth.com/article/67613/ogier-named-best-offshore-firm This year, more than 20,000 votes were cast in total, and the winners were announced at gala event in London on Thursday 24 March. Offshore and IFC Bird & Bird to open office in Tokyo, Japan, recruiting new partner Hiro Iwamura News Team Thursday, May 16, 2024 1:00 am http://legal.managersofwealth.com/article/76628/bird-ampamp-bird-to-open-office-in-tokyo-japan-recruiting-new-partner-hiro-iwamura This marks the firm’s first international expansion as part of its new five-year strategy. People Moves Insurance Specialist Cathryn Minors Joins Appleby’s Market-Leading Insurance Practice News Team Thursday, May 16, 2024 1:00 am http://legal.managersofwealth.com/article/76642/insurance-specialist-cathryn-minors-joins-applebyamprsquos-market-leading-insurance-practice Cathryn also has extensive finance experience People Moves Dentons welcomes tax lawyer Caitlin Rieser back to Louisville office News Team Wednesday, May 15, 2024 1:00 am http://legal.managersofwealth.com/article/76622/dentons-welcomes-tax-lawyer-caitlin-rieser-back-to-louisville-office Caitlin also helps clients by identifying, analyzing and advising on eligibility for various federal business tax credits and incentives. People Moves Paul, Weiss Adds M&A Partner in New York News Team Tuesday, May 14, 2024 1:00 am http://legal.managersofwealth.com/article/76603/paul-weiss-adds-mampampa-partner-in-new-york The Paul, Weiss Mergers & Acquisitions Practice works with leading private equity firms People Moves Isabelle Dauzet joins Stephenson Harwood as partner News Team Tuesday, May 14, 2024 1:00 am http://legal.managersofwealth.com/article/76604/isabelle-dauzet-joins-stephenson-harwood-as-partner Her advice relating to day-to-day employment law issues covers employment contracts, dismissals and sensitive cases – with specific expertise on discrimination and harassment. People Moves Gilson Gray Financial Management names chief operating officer as it targets £1bn assets under management in 2024 News Team Tuesday, May 14, 2024 1:00 am http://legal.managersofwealth.com/article/76609/gilson-gray-financial-management-names-chief-operating-officer-as-it-targets-amppound1bn-assets-under-management-in-2024 The leadership announcement comes as GGFM reveals it is targeting upwards of £1 billion assets under management for the financial year. People Moves Collas Crill announces further promotions across its Cayman and BVI offices News Team Monday, May 13, 2024 1:00 am http://legal.managersofwealth.com/article/76591/collas-crill-announces-further-promotions-across-its-cayman-and-bvi-offices She has more than 13 years of experience working offshore in both Cayman and Guernsey. People Moves Norton Rose Fulbright bolsters arbitration depth in the US with three additions News Team Monday, May 13, 2024 1:00 am http://legal.managersofwealth.com/article/76593/norton-rose-fulbright-bolsters-arbitration-depth-in-the-us-with-three-additions Norton Rose Fulbright bolsters arbitration depth in the US with three additions People Moves Sidley Welcomes Labor and Employment Partner in Palo Alto News Team Friday, May 10, 2024 1:00 am http://legal.managersofwealth.com/article/76572/sidley-welcomes-labor-and-employment-partner-in-palo-alto Ms. Stuart represents employers in federal and state court litigation People Moves Leading M&A lawyer joins Linklaters in London News Team Friday, May 10, 2024 1:00 am http://legal.managersofwealth.com/article/76580/leading-mampampa-lawyer-joins-linklaters-in-london This is the latest hire into the global Corporate practice People Moves Dentons wins landmark High Court case on contractual damages News Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76643/dentons-wins-landmark-high-court-case-on-contractual-damages The case is now the leading authority for reliance damages arising from a breach of contract. Legal Advice Hogan Lovells advises on US$515 million IPO by Bharti Hexacom News Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76644/hogan-lovells-advises-on-us515-million-ipo-by-bharti-hexacom The IPO was oversubscribed approximately 30 times and the shares listed at a 32.4% premium. Legal Advice Hogan Lovells advises Berenberg on layered financing of Finnish wind farm project Mikonkeidas News Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76645/hogan-lovells-advises-berenberg-on-layered-financing-of-finnish-wind-farm-project-mikonkeidas Project Mikonkeidas marks the fifth project of longstanding client Berenberg and the international project developer Energiequelle GmbH. Legal Advice Reed Smith advises Fasanara Capital on groundbreaking private credit on-chain securitisation News Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76650/reed-smith-advises-fasanara-capital-on-groundbreaking-private-credit-on-chain-securitisation The real-world assets will then be used as collateral for a token issuance by the Luxembourg SPV to accredited investors in the UK and the U.S. Legal Advice Carey Olsen named International Law Firm of the Year by Citywealth News Aggregation Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76651/carey-olsen-named-international-law-firm-of-the-year-by-citywealth The awards recognise the outstanding achievements of leading law firms, trust companies, family offices, tax advisers and investment managers across 39 categories. Legal Advice Collas Crill's hampers bring back memories for islanders on Liberation Day News Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76652/collas-crillamp039s-hampers-bring-back-memories-for-islanders-on-liberation-day Senior Partner Jason Green was one of the volunteers helping out, and was the driving force behind Collas Crill's involvement in the initiative. Legal Advice Dentons advises the Islamic Development Bank on sukuk issuance News Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76653/dentons-advises-the-islamic-development-bank-on-sukuk-issuance Dentons has regularly advised the IsDB on the issuance of debt securities in the international capital markets under its sukuk programme. Legal Advice Baker McKenzie Bags Law Firm of the Year in Five Categories at The ALB SE Asia Law Awards 2024 News Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76654/baker-mckenzie-bags-law-firm-of-the-year-in-five-categories-at-the-alb-se-asia-law-awards-2024 The Firm and its member firms across Asia Pacific were also shortlisted as finalists in 13 other categories Legal Advice Walkers advise Neo Group Ltd (formerly NeoGames) on acquisition by Aristocrat Leisure as deal reaches completion News Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76656/walkers-advise-neo-group-ltd-formerly-neogames-on-acquisition-by-aristocrat-leisure-as-deal-reaches-completion The acquisition of all of the outstanding ordinary shares for $29.50 per share represented an enterprise value of approximately US $1.2 billion for Neo Group Ltd. Legal Advice Ogier's Real Estate Finance team in Jersey advise Cheyne Capital on its joint venture acquisition of 65 Fleet Street News Team Friday, May 17, 2024 1:00 am http://legal.managersofwealth.com/article/76657/ogieramp039s-real-estate-finance-team-in-jersey-advise-cheyne-capital-on-its-joint-venture-acquisition-of-65-fleet-street Working with lead counsel DLA Piper, Ogier advised on the real estate financing and corporate aspects Legal Advice Navigating the Intricacies of Artificial Intelligence in Singapore's Securities Sector News Team Monday, May 13, 2024 1:00 am http://legal.managersofwealth.com/article/76594/navigating-the-intricacies-of-artificial-intelligence-in-singaporeamp039s-securities-sector This Legal Update delves into the legal and regulatory landscape governing use of AI in Singapore’s securities industry; exploring key players, guiding melodies and the harmonies that may lie ahead. FinTech How buyers of AI can impose controls on use News Team Friday, May 10, 2024 1:00 am http://legal.managersofwealth.com/article/76569/how-buyers-of-ai-can-impose-controls-on-use The risk of regulatory non-compliance is another important consideration, particularly from a data privacy perspective, and increasingly from an AI regulation perspective. FinTech Dutch web-scraping guidance warns businesses of GDPR breach risks News Team Friday, May 10, 2024 1:00 am http://legal.managersofwealth.com/article/76575/dutch-web-scraping-guidance-warns-businesses-of-gdpr-breach-risks The EU and UK data protection authorities have repeatedly expressed concerns in the past about the risk posed by web-scraping to the rights and freedoms of individuals. FinTech Fresh call for UK copyright law to be updated for AI age News Team Friday, May 03, 2024 1:00 am http://legal.managersofwealth.com/article/76524/fresh-call-for-uk-copyright-law-to-be-updated-for-ai-age The issues with copyright are manifesting right now and problematic business models are fast becoming entrenched and normalised FinTech Freshfields Partners Named to Lawdragon's 500 Leading Global Cyber Lawyers Guide News Team Tuesday, April 30, 2024 1:00 am http://legal.managersofwealth.com/article/76474/freshfields-partners-named-to-lawdragonamp039s-500-leading-global-cyber-lawyers-guide The guide recognizes top data and privacy specialists who connect our digital world. FinTech Nineteen Norton Rose Fulbright lawyers named to 2024 Lawdragon 500 Leading Global Cyber Lawyers guide News Team Tuesday, April 30, 2024 1:00 am http://legal.managersofwealth.com/article/76475/nineteen-norton-rose-fulbright-lawyers-named-to-2024-lawdragon-500-leading-global-cyber-lawyers-guide Norton Rose Fulbright is among the top ten firms with the most lawyers included in this guide. FinTech Hogan Lovells advises on issuance of native digital bond, governed by English law and issued on a public blockchain News Team Friday, April 26, 2024 1:00 am http://legal.managersofwealth.com/article/76432/hogan-lovells-advises-on-issuance-of-native-digital-bond-governed-by-english-law-and-issued-on-a-public-blockchain The Hogan Lovells Digital Assets and Blockchain Hub hosts further resources on digital capital markets FinTech The chips are down – Bitcoin in the courts News Team Wednesday, April 24, 2024 1:00 am http://legal.managersofwealth.com/article/76411/the-chips-are-down-ampndash-bitcoin-in-the-courts The cryptocurrency industry was hoping that these cases would fully review the application of copyright and database rights. FinTech AI: Risk and Regulatory Considerations for Irish Regulated Firms News Team Tuesday, April 23, 2024 1:00 am http://legal.managersofwealth.com/article/76388/ai-risk-and-regulatory-considerations-for-irish-regulated-firms These risks include operational vulnerabilities; ethical concerns; data privacy issues; and, as we will consider further here, regulatory compliance challenges. FinTech CMA outlines initial concerns involving AI foundation models News Team Friday, April 19, 2024 1:00 am http://legal.managersofwealth.com/article/76365/cma-outlines-initial-concerns-involving-ai-foundation-models The CMA is concerned that the businesses which control the main inputs FinTech Hogan Lovells represents C2X in investment in SunGas Renewables News Team Wednesday, May 15, 2024 1:00 am http://legal.managersofwealth.com/article/76625/hogan-lovells-represents-c2x-in-investment-in-sungas-renewables Together, SunGas and C2X aim to increase the supply of sustainable fuels and advance global decarbonization of hard to abate industries. Planet SOS First Irish ‘DMAP’ supports ‘next phase’ of offshore wind development News Team Monday, May 13, 2024 1:00 am http://legal.managersofwealth.com/article/76581/first-irish-amplsquodmapamprsquo-supports-amplsquonext-phaseamprsquo-of-offshore-wind-development The first phase of Irish offshore development is already well under way Planet SOS Strengthening collaboration between the Transport and Energy Sectors: A key stepping stone in the road to Net Zero News Team Friday, May 10, 2024 1:00 am http://legal.managersofwealth.com/article/76582/strengthening-collaboration-between-the-transport-and-energy-sectors-a-key-stepping-stone-in-the-road-to-net-zero Revolutionising Transport - The Road to Net Zero Starts Here Planet SOS UK carbon budget delivery plan ruled unlawful News Team Tuesday, May 07, 2024 1:00 am http://legal.managersofwealth.com/article/76538/uk-carbon-budget-delivery-plan-ruled-unlawful The carbon budget delivery plan (CBDP) was fixed by the UK government on 30 March 2023 in response to a court order from the High Court. Planet SOS Second European Hydrogen Bank auction underway with revised T&Cs News Team Tuesday, May 07, 2024 1:00 am http://legal.managersofwealth.com/article/76539/second-european-hydrogen-bank-auction-underway-with-revised-tampampcs It aims to unlock private investment in the EU by addressing investment challenges, closing the funding gap and connecting future renewable hydrogen supply to consumers. Planet SOS Australia announces largest ever single tender for renewable energy projects News Team Thursday, May 02, 2024 1:00 am http://legal.managersofwealth.com/article/76504/australia-announces-largest-ever-single-tender-for-renewable-energy-projects An allocation of 300MW will also be dedicated to renewable energy projects delivered in South Australia. Planet SOS Clifford Chance advises Projekt Solartechnik on the financing of the construction of 28 photovoltaic farms News Team Thursday, April 25, 2024 1:00 am http://legal.managersofwealth.com/article/76424/clifford-chance-advises-projekt-solartechnik-on-the-financing-of-the-construction-of-28-photovoltaic-farms Projekt Solartechnik is an international group specializing in large-scale photovoltaic installations, wind farms, and the sale of green energy. Planet SOS Herbert Smith Freehills identifies opportunities to improve clean energy project approvals in Queensland & Victoria News Team Tuesday, April 23, 2024 1:00 am http://legal.managersofwealth.com/article/76391/herbert-smith-freehills-identifies-opportunities-to-improve-clean-energy-project-approvals-in-queensland-ampamp-victoria HSF has released the ‘Delivering Major Clean Energy Projects in Queensland and Victoria: Review of Statutory Planning Approvals Processes’ Report with Clean Energy Investor Group. Planet SOS ELTEMATE partners with Daato News Team Tuesday, April 16, 2024 1:00 am http://legal.managersofwealth.com/article/76314/eltemate-partners-with-daato Platforms, including Daato have been set up to help manage risk and provide confidence to the process. Planet SOS Kenya publishes plans for first nuclear power plant News Team Monday, April 15, 2024 1:00 am http://legal.managersofwealth.com/article/76300/kenya-publishes-plans-for-first-nuclear-power-plant It is anticipated that the nuclear energy development proposed by the plan will require approximately Kshs. 38.233 billion Planet SOS Australian case a warning for insolvency practitioners litigating against insurers News Team Tuesday, May 14, 2024 1:00 am http://legal.managersofwealth.com/article/76613/australian-case-a-warning-for-insolvency-practitioners-litigating-against-insurers The liquidator also brought an insolvent trading claim against the director, of over AU$26 million for third party creditor debts incurred by Tempo. Court Cases 58.com, Inc – Grand Court orders post-valuation date disclosure arising from expert's information request News Team Thursday, May 02, 2024 1:00 am http://legal.managersofwealth.com/article/76495/58com-inc-ampndash-grand-court-orders-post-valuation-date-disclosure-arising-from-expertamp039s-information-request It is common in section 238 proceedings for experts to make information requests of the company for the purposes of preparing their reports. Court Cases UK Supreme Court Upholds Anti-Suit Injunction in Support of Foreign-Seated Arbitration News Team Tuesday, April 23, 2024 1:00 am http://legal.managersofwealth.com/article/76392/uk-supreme-court-upholds-anti-suit-injunction-in-support-of-foreign-seated-arbitration The proceedings culminated in a landmark decision by the Supreme Court handed down on April 23, 2024 upholding the Court of Appeal’s judgment in favor of UniCredit. Court Cases Withers KhattarWong secures victory for Huttons in landmark misrepresentation case News Team Monday, April 22, 2024 1:00 am http://legal.managersofwealth.com/article/76383/withers-khattarwong-secures-victory-for-huttons-in-landmark-misrepresentation-case The plaintiff claimed for the forfeited sum from Huttons Court Cases Australian court confirms pro-arbitration stance News Team Tuesday, April 16, 2024 1:00 am http://legal.managersofwealth.com/article/76316/australian-court-confirms-pro-arbitration-stance The court sided with ANSTO Court Cases Chief Justice Affirms Cayman's Availability for the Enforcement of Foreign Arbitral Awards News Team Thursday, April 11, 2024 1:00 am http://legal.managersofwealth.com/article/76255/chief-justice-affirms-caymanamp039s-availability-for-the-enforcement-of-foreign-arbitral-awards The Court referred to the strong public policy imperative in favour of the enforcement of arbitral awards Court Cases Dentons successfully defends client in jury trial against more than $51 Million in damages sought News Team Thursday, April 11, 2024 1:00 am http://legal.managersofwealth.com/article/76259/dentons-successfully-defends-client-in-jury-trial-against-more-than-51-million-in-damages-sought When we presented our case to the jury, it only took one hour of deliberation to return with a verdict favorable to our client. Court Cases Take Another Look: Investigation as a Standalone Basis for a Just and Equitable Winding up in the Cayman Islands News Team Wednesday, April 10, 2024 1:00 am http://legal.managersofwealth.com/article/76239/take-another-look-investigation-as-a-standalone-basis-for-a-just-and-equitable-winding-up-in-the-cayman-islands The Cayman Courts at least at first instance have developed an approach rooted in case law Court Cases Jersey's Royal Court holds that property of invalid non-charitable trusts can go to charity News Team Monday, April 08, 2024 1:00 am http://legal.managersofwealth.com/article/76205/jerseyamp039s-royal-court-holds-that-property-of-invalid-non-charitable-trusts-can-go-to-charity The Court reached these decisions in Representation of Equiom Trust Court Cases Withers secures defense victory for Kraken following month-long trial News Team Friday, April 05, 2024 1:00 am http://legal.managersofwealth.com/article/76189/withers-secures-defense-victory-for-kraken-following-month-long-trial The jury returned a complete defense verdict, finding that Payward, Inc. – which operates as Kraken – did not retaliate against the former employee for raising pay disparity concerns Court Cases