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Carey Olsen’s restructuring and insolvency team has achieved a significant success in securing an order for the discharge of an administration order made pursuant to the Companies (Guernsey) Law, 2008.
The Foundations (Jersey) Law 2009 introduced a new type of entity, the foundation, into Jersey’s legal landscape. This note is a brief summary of the law.
The Jersey Law Commission recently delivered a consultation paper entitled ‘Divorce Reform’, which is refreshingly straightforward and comprehensive.
An exemption has been introduced that will enable Jersey-regulated fund managers to service qualifying segregated managed accounts (QSMAs) without the need for further regulation in Jersey.
This briefing note provides a summary of the additional text provided in bulletin 2014/1.
Member states of the EU were due to implement the Alternative Investment Fund Managers Directive 2011/61/EU (AIFMD) by 22 July 2013.
A consultation process to update the insolvency laws and practices in Guernsey has been launched by a government department on the island.
This briefing note considers key issues relating to the establishment and use of a Jersey PTC in the context of private wealth management.
Jersey is a leading jurisdiction for the establishment and management of trusts.
Purpose trusts have become an increasingly important part of the Trusts (Jersey) Law 1984 (as amended).
Employee benefit trusts — why they continue to be a useful tool for companies looking to deliver benefits to their employees
A well-structured employee incentive arrangement operated through an employee benefit trust can still deliver real value to a company and its employees.
MiFID is a European Union law that aims to harmonise the regulation of investment services across the member states of the European Economic Area.
The Security Interests (Jersey) Law 2012 came into force on 2 January 2014. It updates the current law relating to security interests in intangible movable property.
Guernsey has published regulations to enable the administration and enforcement under Guernsey law of the intergovernmental agreements entered into with the UK and the US.
Investec Trust (Guernsey) Ltd et al v Glenalla Properties Ltd et al: Guernsey Court of Appeal holds trustee not personally liable
The Court of Appeal of Guernsey has overturned the decision holding the Guernsey-based former trustees of a Jersey law trust personally liable to repay debts amounting to £183m.
The UK Partnership Accounts Regulations 2008 require ‘qualifying partnerships’ to file with the UK registrar annual accounts that comply fully with UK GAAP or IFRS.
This update discusses various Cayman Islands laws, including the Directors Registration and Licensing Law 2014 and the Exempted Limited Partnership Law 2014.
This briefing describes the features of a protected cell company and summarises the formation, structure and the liquidation procedures particular to this type of company.
This article summarises the legal framework underpinning Guernsey’s successful and diverse insurance sector.
These are investment instruments whose value is directly related to insurance risk and whose performance is therefore not correlated with other asset classes.