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Limited partnerships are governed by the Limited Partnerships (Guernsey) Law, 1995, as amended.
A recent case held that payments made by insolvent companies out of share premium to redeemed shareholders cannot be clawed back by a liquidator using section 37(6) of the Companies Law.
This briefing sets out the main features of Jersey cell companies and highlights the benefits offered by this highly flexible type of company.
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 Guernsey Court of Appeal has recently confirmed that the court has the power to require beneficiaries to provide information to trustees.
Crociani is a significant ruling with far-reaching effects for contentious and non-contentious trust lawyers all over the world.
The judgment handed down in the matter of the seven Mitco Retail companies on 14 July 2014 provided an insight as to how administration applications are treated in the Guernsey court.
In this briefing, Mourant Ozannes provides a comparison of the applicable limitation/prescription periods in the BVI, the Cayman Islands, Guernsey and Jersey.
MOrsel: in business, it’s not what you know, it’s who you know — Nautech Services Ltd v CSS Ltd and Ors
The Royal Court in Jersey has held that a business’s client contact information, stored on a database, is protected by laws of confidentiality and copyright.
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.