Conyers advises Alliance Oil Company Ltd on $500m offering of Eurobonds
Conyers Dill & Pearman has advised Alliance Oil Company Ltd on a $500m offering of Eurobonds (7.000 per cent guaranteed notes due 2020). The notes are listed on the Irish Stock Exchange.
Alliance Oil Company Ltd, incorporated in Bermuda, operates as an independent oil and gas company primarily in Russia and Kazakhstan, and its shares are publicly traded through Swedish Depository Receipts on the NASDAQ OMX Nordic in Stockholm.
The Conyers team was made up of Claire McConway and Alexandra Karaganova.
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Cayman Islands Law Update: the Exempted Limited Partnership Bill and the Contracts (Rights of Third Parties) Bill
Following extensive consultation in both the public and private sectors, the Exempted Limited Partnership Bill 2014 was gazetted on 21 February 2014.
The court looked at the issue of whether a stranger to a trust, who dishonestly assists in a breach of trust, is a ‘trustee’ within the meaning of s21(1)(a) of the UK Limitation Act 1980.