11/10/2021
Heads Will Roll: Cayman’s Proposed Amendment to the Companies Act (2021 Revision) Would Abolish Headcount Test
Members’ schemes of arrangement will then only require the approval of 75% in nominal value of the members
Offshore and IFC
11/10/2021
Snapshot: registrations of charges and priority of security in BVI law
The effect of such a Section 163 filing is to create priority of that security interest over any subsequently registered or unregistered security interest.
11/09/2021
Cayman's Global Citizen Programme Extended
Due to the popularity of the Global Citizen programme introduced in October 2020 the recently amended regulations extend the availability of the programme by a further year, so that it now expires on 30 November 2024 (unless Cabinet decides on a further e
11/08/2021
Hatstone crowned ‘Best International Law Firm’
The Irish Law Awards, which were established in 2012 aim to identify, honour, and publicise outstanding achievements, while also recognising those who have dedicated their lives to serving in the legal profession.
11/06/2021
"Without reflection, we go blindly ..."
Regulators in civil‑law jurisdictions whose laws do not recognise trusts appear to more readily assume that trusts are frequently used for money laundering or terrorist financing.
11/05/2021
Latest guidance from ECSC Court of Appeal on Global Anti-Suit Injunction
The Judgment dismissed the Abyzov parties' appeal, which provides useful clarification as to the strict approach taken in the BVI towards global anti-suit injunctions.
11/04/2021
Revision of Laws – industry specific changes: Banking and Fiduciaries Laws
The investment sector will be considered separately in a later Update.
11/02/2021
Changes to the Cayman restructuring regime – key points
This initiative is a significant departure from the current position where an application for the appointment of a 'light touch' provisional liquidator, for the purpose of restructuring, must be made as part of the winding up process.
11/02/2021
Walkers Wins Nine Aviation Deal Awards
The transactions involved leading lawyers across Walkers' global asset finance and aviation group from its Cayman Islands, Dublin, Dubai and Asia offices.
10/29/2021
Walkers Named #1 Global CLO Market Offshore Service Provider in Creditflux's CLO Census 2021
Walkers has also been recognised as the number one firm for offshore legal services to the CLO market.
10/27/2021
High hurdles – appointing provisional liquidators in the Cayman Islands
The appointment of provisional liquidators by the Cayman Court is a powerful and valuable tool in the right circumstances.
10/27/2021
Improved Access to Capital Markets for Jersey Companies
The definitions of qualified investor and professional investor in the new exemptions are taken from the EU Prospectus Regulation and Jersey’s investment business regulatory regime respectively and are well-known to investors and those who operate
10/27/2021
Revision of Laws – notable changes
The new regulatory laws use new and revised terminology across all industry sectors in order to align them and create certainty.
10/26/2021
Carey Olsen joins WSG as new exclusive legal member for Bermuda and the Cayman Islands
There are more than 120 prominent member firms representing worldwide clients, with members operating in more than 115 countries and reaching representation in over 150 jurisdictions globally.
10/26/2021
Carey Olsen partners named as leading experts in commercial litigation
The latest edition of the commercial litigation guide features more than 900 lawyers who have been identified for their outstanding work handling complex and high-profile contentious proceedings across a number of industries.
10/26/2021
New Restructuring Tool in the Cayman Islands
A powerful tool for companies when facing creditor pressure. In keeping with its creditor friendly regime, the moratorium does not prevent secured creditors from enforcing their security.
10/25/2021
Chambers publishes UK rankings for 2022
Here, we focus on the corporate and finance sector in both islands, but the full set of practice areas can be found in the drop-down menus here
10/25/2021
Chambers UK showcases Collas Crill's expertise and culture
The firm's dispute resolution teams in both islands keep their places within Band 2 with the team in Guernsey being described as 'professional, modern, experienced, skilled and knowledgeable' and in Jersey as 'commercial, efficient and
10/25/2021
Ogier named Best Offshore Law Firm
More than 41,000 votes were cast for this year's awards
10/25/2021
Ogier goes from strength to strength in new Chambers UK guide
It's particularly pleasing to see the growing number of individual rankings, providing well-deserved recognition of our people and the quality of the service they provide.