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A private trust company is a privately owned corporate trustee whose sole purpose is to act as trustee to a trust or group of ‘connected’ trusts.
A long-anticipated overhaul of the Cayman Islands Exempted Limited Partnership Law was enacted on 2 July 2014. This article summarises the key changes.
The Contracts (Rights of Third Parties) Law 2014 is now in force.
The dispute has given rise to a number of decisions touching on recognition and assistance to foreign insolvency practitioners, receivers and government agencies.
The Exempted Limited Partnership Law 2014 was enacted on 2 July 2014. The changes in the new law are designed to confer greater contractual flexibility upon partners.
The topics considered in this update have, by accident rather than design, an anti-money laundering flavour to them.
On 4 June 2014, the Cayman Islands government brought into force the Directors Registration and Licensing Law 2014.
Before purchasing real estate in the Cayman Islands, very careful consideration should be given as to how to take title to the real estate to be purchased.
The British Virgin Islands is one of the most popular offshore jurisdictions for investment funds. Here are some reasons why.
The Corporate Services Scrutiny Panel has issued its report and findings into the Interim Population Policy, which proposes to limit inward migration.
Cayman Court of Appeal clarifies the scope of the international co-operation provisions of the Companies Law
The Court of Appeal delivered its judgment in the case of Picard v Primeo Fund on 16 April 2014.
The Jersey Financial Services Commission has confirmed its position in relation to the licensing of Jersey law LLPs to conduct certain classes of ‘fund services business’.
Norwich Pharmacal relief — obtaining information relating to a BVI company from its registered agent
This briefing note deals with the circumstances in which and methods by which non-public information about a BVI company can be obtained by a third party.
In April 2009, the States of Deliberation approved the introduction of a new form of business structure: the limited liability partnership.
This briefing provides an introduction to the factors that determine whether a Jersey insurance business transfer scheme is required.
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.
Jersey has approximately 30 tax information exchange agreements currently in force, with more in various stages of negotiation and agreement.
Royal Court clarifies limits of customary law exception in respect of time-barred breach-of-trust claims brought by incoming trustee
Where a newly incorporated PTC recently appointed as successor trustee seeks to bring claims for breach of trust against predecessors, it will not be able to benefit from empêchement d’agir.
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.
The JFSC has published a guidance note relating to insurance business transfer schemes under the Insurance Business (Jersey) Law 1996.