08/19/2021
Guernsey Company Law - Directors’ Duties
Particular circumstances or transactions should be the subject of specific legal advice given on the relevant facts at the relevant time.
08/18/2021
The new SCCs effectively combine all four sets of clauses into one document, allowing controllers and processors to "build" the relevant agreement on a modular basis.
08/18/2021
Harneys partners named Asia’s Top Offshore Litigator
Lawyers were selected based on their case portfolio, client recommendations, and feedback from the market.
08/18/2021
At a time of uncertainty when investors are loathe to take unnecessary structural risks, Cayman provides a tried and tested solution for seizing these opportunities.
08/17/2021
Snapshot: implementing Cayman Islands Charging Orders in aid of enforcing foreign arbitral awards
This decision provides a timely reminder of the willingness of the courts in the Cayman Islands to assist with the recovery of judgment debts and highlights that a charging order can be used as an effective remedy to support the enforcement of arbitral aw
08/17/2021
As the international regulatory position in relation to sustainable investments evolves, the Jersey Financial Services Commission (JFSC) is also updating and adapting the Jersey requirements.
08/16/2021
The transactions appear to have been made in sums of between £100 to £200.
08/15/2021
Lawyers were selected based on the profile of their cases, client recommendations, and feedback from the market.
08/13/2021
Cayman Court clarifies the test for the appointment of provisional liquidators
In summarily dismissing the applications, the Court has confirmed that it is a serious step to appoint provisional liquidators and that there is a heavy and onerous burden on those that seek such orders.
08/13/2021
Walkers Acts as Cayman & Jersey Counsel on a Refinancing of Pharos Energy’s RBL Facility
Alongside transaction counsel to the Banks, Herbert Smith Freehills (led by partners Will Breeze and Gabrielle Wong supported by Anita Gulanikar, Charlotte Croney, Josh Hearn and Ahu Yalgin.
08/13/2021
Ogier advises Nova Vision Acquisition Corp
The Ogier Corporate team has significant experience on the formation and listing of SPACs and alternative IPO techniques.
08/12/2021
Greylist stops all Malta business on Praemium global investment platform
Global digital investment platform Praemium terminates all forms of business for Malta-based relationships and transactions
08/12/2021
CRS Compliance Forms – Don't miss the deadline
All financial institutions with CRS reporting obligations, including trustee documented trusts, are obliged to file the CRS Compliance Forms.
08/11/2021
Cross-Border Distribution of Funds 101
Part 4 - Fund passporting de-notification process
08/10/2021
The Privy Council clarifies operation of the rule in Prudential (the rule formerly known as the reflective loss principle)
The Privy Council left open the merits threshold test because it was not necessary to decide this point in light of the other findings.
08/10/2021
Our Accounting, Tax & Agency Services team can provide FAR services that include on-boarding, assistance with FAR preparation, and ongoing feedback and consultation on completing the FAR.
08/10/2021
The Former Trustee had obtained tax advice from a firm of chartered accountants in December 2011 and January 2012 in connection with the proposed transaction.
08/09/2021
SEC Moves First DeFi Unregistered Securities Lawsuit
The firm purportedly sold over $30 million worth of two types of tokens that the SEC deemed to be securities that should have been registered as such.
08/08/2021
The respondent unsuccessfully contested the application to amend at first instance on the basis that the amendments arose out of the information given in the s236 examination.
08/06/2021
Partnerships formed on and after 30 June 2021 are required to satisfy the economic substance test from the date on which they commence a relevant activity.