Conyers advises on Vinci Airports acquisition of Airports Worldwide’s management portfolio

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Changes to the Cayman Islands’ Trusts Law take effect

By Robert Lindley, Wesley O’Brien Legislative amendments to the Cayman Islands’ Trusts Law which were passed earlier this year have been pronounced to take effect from 14 June 2019. While the reforms do not represent a drastic overhaul of the Trusts Law, they introduce welcome improvements to ensure the Cayman Islands remains a leading offshore jurisdiction for […]

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By Ben Hobden, Roisin Liddy-Murphy In the Cayman Islands, all directors must swear a Declaration of Solvency (DofS) in a voluntary liquidation In a Cayman Islands voluntary liquidation, a DofS is required to be sworn by each person who was a director of the company on the date on which its voluntary winding up was […]

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By Derek Stenson and Michael O’Connor The Cayman Islands continue to be at the forefront of the implementation of global standards for transparency and regulatory oversight in respect of the financial services industry. While the primary responsibility for implementing regulatory requirements concerning Cayman Islands investment fund structures falls to the relevant fund manager, a knock […]

There is a right to privacy – even in the offshore world

By Scott Pearman, Stephanie C. Bernard, Alec R. Anderson, Paul Smith The Supreme Court of Bermuda (Kawaley CJ) handed down a decision revisiting the existing practice of hearing applications to restructure Bermuda law trusts in private when appropriate. In the Matter of the G Trusts [2017] SC (Bda) (15 November 2017) discussed and determined three substantive trust […]

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Reforming the law of Heritable Securities in Scotland: What lenders need to know

By Rob Aberdein The Scottish Law Commission (SLC) has published proposals for the reform of the law of heritable securities (that is, mortgages secured over land and buildings in Scotland). Walker Morris’ Banking & Finance Litigation partner Rob Aberdein, who sits on the SLC Advisory Group undertaking this review, highlights the key takeaways for lenders. […]

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By Jürg Schneider, Christophe Gösken On 15 May 2019 the Federal Council adopted a plan to implement the national strategy to protect Switzerland against cyber risks (NCS) until 2022 and took additional steps towards the establishment of a cybersecurity competence centre. The implementation plan defines responsibilities within the federal administration and describes the tasks of […]

Why Portugal is now even more attractive to business investment

By Tiago Marreiros Moreira, João Riscado Rapoula In a volatile context, with growing uncertainty across Europe, Portugal is strengthening its position as one of the safest countries in the world to live and to invest. For the past year, the Portuguese government has focused on creating conditions to ensure Portugal attracts foreign investors and entrepreneurs. […]

The Government Procurement Review – Portugal

By Paulo Pinheiro, Rodrigo Esteves de Oliveira, Catarina Pinto Correia andAna Marta Castro Portugal is a signatory to the World Trade Organization (WTO) Agreement on Government Procurement (GPA), which provides for reciprocal market access commitments in procurement between the European Commission (EC) and World Trade Organization members that are signatories to the GPA. As an […]

Social Housing Monthly Law Update – June 2019

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