Conyers advises AerCap Holdings on sale of Genesis Funding shares

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Bermuda allows cannabis investment funds

By Elizabeth Denman Bermuda’s authorities have given the go-ahead for investment vehicles interested in taking advantage of the legal cannabis sector. Elizabeth Denman of Conyers Dill & Pearman explains why this offshore jurisdiction is the clear choice for setting up ventures investing in cannabis-related enterprises. Investment in cannabis businesses, either directly or through an investment fund, […]

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By Maree Martin The deadline for regulated funds to notify the Cayman Islands Monetary Authority (“CIMA”) of their appointment of an Anti-Money Laundering Compliance Officer, Money Laundering Reporting Officer and Deputy Money Laundering Reporting Officer (together “AML Officers”) is 31 December 2018. The appointments were required to have been made by 30 September 2018. Unregulated funds are […]

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By Spencer Vickers We are often advised against leaving things to the last minute (and for good reason). However, for those working in the financial services industry, sometimes the “last minute” simply cannot be avoided. Often the “last minute” is also the first minute a task can be completed. Regardless of time available, we of […]

Cayman Islands – Overview of litigation settlement

By Paul Smith, Spencer Vickers The thought of settling in the Cayman Islands almost always evokes images of white sand beaches, calm blue seas and maybe even a cold piña colada. Although settling litigation in the Cayman Islands may get you one step closer to retirement in the Caribbean, two recent judgments of the Grand Court […]

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By Guy Cooper The last five years have seen several shipping and shipping-related companies incorporate in Bermuda and go on to list on the Oslo Stock Exchange. A key step along the route for a number of them has been the use of the Norwegian over-the-counter market as a fast-track way to access fresh capital. Avance […]

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By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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DLA Piper appoints Tim Wright to its corporate group

DLA Piper has appointed Tim Wright as a partner in its corporate group. He will join the firm from King & Wood Mallesons SJ Berwin. Wright was made partner at Clifford Chance in 2001 and joined what was SJ Berwin in 2004. Specialising in a variety of private company transactions including sales, purchases, equity arrangements and joint […]

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Barclays loses Americas general counsel Crowl to UBS

Barclays’ managing director and general counsel for the Americas, Michael Crowl, has quit the bank to take up a similar post with Swiss institution UBS. As of 1 July, Crowl will become general counsel for the Americas and for the bank’s wealth management unit. He will also become a member of UBS’s legal executive committee. […]

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Khaitan & Co represents banks and borrowers alike. We have substantial experience in advising on financing transactions across all forms of end use (including acquisition and leveraged finance, asset finance, project finance, trade and working capital financing) and agnostic to structures (including vanilla financing, structured finance and syndicated finance). Apart from transactional work, we also […]

Charles Russell’s revenue soars to record high of £73.4m in 2013/14

Charles Russell’s turnover increased by 7 per cent in 2013/14 from £68.9m to £73.4m, marking a new record for the firm. The results follow the previous year’s relatively static financial results, which saw revenue shuffle from £68.1m up to £68.9m. Net profit increased between 2011/12 and 2012/13 by 8.4 per cent from £12.6m to £13.7m, […]

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Lloyds retail GC to resurface at thread giant Coats

Lloyds Banking Group’s general counsel of retail and wealth Stuart Morgan is expected to become the first general counsel of thread and zips manufacturer Coats. Morgan, the lawyer driving forward Lloyds’ Project Canberra project – the bank’s decision to outsource its retail and asset finance litigation teams to a panel firm, handed in his notice […]

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