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What is probate?Probate is the name given to describe how someone applies to the court to obtain the right to deal with the estate of someone who has passed away.
What is probate? Probate is the name given to describe how someone applies to the court to obtain the right to deal with the estate of someone who has passed away.
Ogier provides information including definitions of terms, fast-track applications and grants of probate.
Of interest to trustees in relation to transfers from a non-Jersey trust to a Jersey trust.
Maternity leave, paternity leave and flexible working coming soon.
Independent directors are now seen as an essential part of the due diligence process for investors.
These funds are aimed at institutional and high-net-worth investors...
This regime was introduced in Jersey for listed closed-ended companies...
The Cayman Islands Monetary Authority is delaying the implementation of its new approach until October.
Also: profit-shifting; Investment Association statement; and more.
A summary of the new out-of-court procedures for reductions of capital.
The Jersey FSC now has the power to impose civil financial penalties for significant and material contraventions of the codes.
Recent English case law has served to emphasise the requisite levels of intention needed on the part of the transferor for the creation of a Quistclose trust or any other sort of analogous resulting trust.
Jersey property unit trusts are frequently used to acquire and hold interests in UK commercial real estate due to the ease with which they can be established and the fiscal advantages they can potentially bring.
Expect to see investors ask more frequently about a fund’s cash management solution.
Any changes that materially affect the information filed in the offering document or MF1 be filed with CIMA within 21 days.
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.
Weavering litigation – Cayman hedge fund directors’ duties and indemnity/exculpation clauses back in the spotlight
The Cayman Islands Court of Appeal has issued its much-anticipated decision in Weavering Macro Fixed Income Fund Limited (In liquidation) vs Stefan Peterson and Hans Ekstrom...
The BVI has published the Securities and Investment Business (Incubator and Approved Funds) Regulation. These Regulations introduce two new funds products into the BVI’s funds offering,...
The British Virgin Islands Financial Services Commission has introduced two new funds products, the ‘Incubator Fund’ and the ‘Approved Fund’.