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The Royal Court has declined to strike out proceedings brought by the successor trustee and manager of three unit trusts against the former trustee and manager of those unit trusts.
The Supreme Court and the Court of Appeal in England have recently considered the remedy of marshalling.
Mourant Ozannes has advised an affiliate of Greystar Real Estate Partners on the acquisition of a portfolio of student properties in London from Oasis Capital.
In Guernsey, proceedings to enforce a general bond, judgment debt or other security registered against a property are known as ‘saisie proceedings’.
Mourant Ozannes has recruited David Byrne as its global head of business development and marketing.
Private equity funds are set to benefit from updates to the Cayman Islands exempted limited partnership law.
Mourant Ozannes has advised Heritage Oil on its takeover by Energy Investments Global, a wholly owned subsidiary of Al Mirqab Capital SPC.
The topics considered in this update have, by accident rather than design, an anti-money laundering flavour to them.
Mourant Ozannes has acted as Jersey counsel to the joint lead managers of the States of Jersey’s debut £250m bond issue.
The British Virgin Islands is one of the most popular offshore jurisdictions for investment funds. Here are some reasons why.
The aim of this update is to focus on current legal and regulatory developments affecting financial services institutions in Jersey.
The continuing obligations of Cayman Islands regulated funds are set out in the Companies Law and Mutual Funds Law (as amended).
The Cayman Islands is one of the world’s leading offshore jurisdictions for the establishment of investment funds.
This paper explains the attractions of the Cayman Islands as a destination for managers wanting to establish offshore hedge funds.
The CRPL was enacted with a view to maintaining the confidentiality of commercial activities that take place in or in connection with the Cayman Islands.
The Garnet litigation highlights the potential repercussions for banks and financial institutions in reporting suspicion and a resulting refusal of consent by the FIS.
Mourant Ozannes has a new Guernsey advocate. Matthew Guthrie, a senior associate within the international trusts and private client practice, has been sworn in at the Royal Court of Guernsey.
Mourant Ozannes has a new Jersey advocate and Jersey solicitor. James Daniel and Carol Doherty appeared before the Royal Court of Jersey on 3 March 2014.
Direct disclosure obligations resulting from joinder of adult beneficiaries to matrimonial proceedings affecting trusts
The trustees had applied to the Royal Court of Jersey and the Eastern Caribbean Supreme Court for the approval of their decisions not to participate in the English financial remedy proceedings.
While a business founder may have come up with a brilliant invention, he or she may be totally unfamiliar with even the most basic corporate concepts.