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This park has been designed to attract maritime services businesses to assist in the establishment of the Cayman Islands as the largest maritime cluster in the region.
Easing the process of establishing incubator funds and approved funds.
The major re-working of Bermuda’s partnership product further enhances the overall appeal of Bermuda as a premier domicile for partnership formation.
With the creation of the Special Purpose Insurer vehicle Bermuda has become the dominant jurisdiction for the majority of all new cat-bond transactions.
The deadlines for BVI RFIs to enrol with, and report to, the BVI International Tax Authority (the “BVI Tax Authority”) have been extended.
Since our last edition three Bermuda companies have completed listings on the NYSE and Nasdaq.
The Cayman Islands Tax Information Authority (the TIA) has confirmed that notifications may be submitted on or before 21 May 2015.
Clarification on a liquidator’s authority in relation to anti-suit injuctions and more.
This article provides a reminder of the impending deadlines and action that is required for those BVI entities that are classified as ‘foreign financial institutions’ for the purposes of FATCA.
Cayman has taken a creditor-friendly approach to implementation.
The Cayman Automatic Exchange of Information Portal is now open and a user guide is available to help smooth the process of making filings.
This article looks at some common issues which should be considered by a creditor when taking security over shares in a BVI company.
A Norwegian shipping group has become the latest Bermuda shipping company to list its shares on the Oslo Stock Exchange (Oslo Bors) after announcing the closing of a deal valued at approximately $300m.
The CoA says there nothing in the CWR which does not enable an order for security for costs against a non-resident limited liability company in proceedings.
A high-level summary of the major commercial cases decided in Bermuda, the British Virgin Islands and the Cayman Islands.
Shareholder relief: Eastern Caribbean Appeal Court considers the just and equitable grounds for winding up a BVI company
This briefing concerns Wang Zhongyong v Union Zone Management Ltd.
Bermuda has historically been and remains an attractive jurisdiction for lenders involved in the financing of the acquisition of both private and commercial aircraft.
The Privy Council has given definitive guidance on the operation of the statutory scheme in the BVI for the rectification of share registers, particularly in the context of applications to serve parties out of the jurisdiction.
When discussing the difficulties faced by certain offshore financial centres the issue circles back to the role of corporate lawyers and their inability to progress change.
The British Virgin Islands is becoming a popular jurisdiction for aviation finance transactions in both the commercial and business jet sectors.