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The Royal Court handed down its decision in In the matter of X (a bankrupt) only months after the decision of the Privy Council in Singularis Holdings Ltd v PricewaterhouseCoopers.
Ogier Jersey has advised Palamon Capital Partners on its joint acquisition with Corsair Capital of Currencies Direct, a provider of foreign exchange and international payment solutions.
The BVI Business Companies Act 2004 allows for the merger or consolidation of companies incorporated in the BVI with other BVI companies.
Jersey companies may (contrary to the default position) be treated as exclusively tax resident in jurisdictions other than Jersey pursuant to Article 123(1)(a) of the Income Tax (Jersey) Law 1961.
Of interest to trustees in relation to transfers from a non-Jersey trust to a Jersey trust.
Independent directors are now seen as an essential part of the due diligence process for investors.
Also: profit-shifting; Investment Association statement; and more.
Ogier Guernsey has acted for Nomad Foods Ltd, a BVI special purpose acquisition company, in its acquisition of Iglo Foods Holdings Ltd, a European frozen food company.
Cayman Islands Court of Appeal rules on rights of non-registered investors to enforce shareholder rights
The Cayman Islands Court of Appeal (CA) considered whether a beneficial owner of shares in a fund could seek to prove in the liquidation of that fund in respect of rights granted under a side letter.
Ogier has advised Integrated Diagnostics Holdings plc (IDH) on its recent listing on the main market of the London Stock Exchange.
Ogier advises Taiwan insurer Cathay Life on the acquisition of The Walbrook Building in London.
Guernsey has commenced consultation on the introduction of a central register of beneficial ownership.
What makes Jersey so attractive to companies? (And there’s more to it than tax.)...
Ogier Jersey has acted for the lenders in connection with amendments and an increase to approximately US$6.3 billion to financing provided to the Tullow Oil Group.
Ogier Guernsey advises on £5.6bn acquisition of Friends Life by Aviva.
Ogier’s team in Luxembourg has been recognised for its ‘good and efficient service’ by Legal 500 in its Europe, Middle East & Africa 2015 edition.
Sequoia Economic Infrastructure Income Fund is a new Guernsey fund focused on the economic infrastructure sector.
Family offices are highly differentiated and need advisers who can understand the variety of needs inherent in looking after wealthy and entrepreneurial families.
On 19 December 2014 the Luxembourg Parliament enacted Bill no. 6720 and Bill no. 6722 introducing new Luxembourg tax measures applicable for corporations and individuals as of 2015.
Joint ventures are not a particular term of art under Luxembourg law.