Jurisdiction update: Bermuda, British Virgin Islands, Cayman Islands, Mauritius

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Related briefings

New compulsory Bermuda bye-law filing requirements

The Companies Amendment Act, 2018, which is deemed to have come into operation on 21 March 2018, amends the Companies Act, 1981 as regards the filing of information contained in bye-laws and applies to all Bermuda companies having a share capital. Under transitional provisions, all such companies will have a period of six months from […]

Judicial assistance by the Hong Kong Courts in cross-border Insolvency cases

By Norman Hau and Ben Holden The Cayman Islands is a popular jurisdiction for setting up listing vehicles in Hong Kong IPOs as it offers corporate flexibility, a well-established English law based legal system and tax neutrality. Of all the listed companies in Hong Kong, slightly more than half of them are incorporated in the […]

Looming deadlines in the Cayman Islands: Are you in compliance?

By Craig T. Fulton, Ruth Hatt and Maree Martin As a reminder, we have recently issued a variety of updates and alerts highlighting some of the key regulatory changes here in the Cayman Islands. A number of these regulatory updates have significant penalties for non-compliance and the compliance deadlines are fast approaching. If you haven’t […]

Cayman Islands Court of Appeal dismisses validation order case

By Ben Hobden, Erik Bodden, and Jordan McErlean In the recent decision of Aurora Funds Management Limited et al v Torchlight GP Limited the Cayman Islands Court of Appeal dismissed an appeal brought in respect of an order made by McMillan J in the Grand Court validating certain payments made by Torchlight GP Limited in accordance with […]

Cayman Islands: Country-by-country update

By Richard Fear and Maree Martin Further to our Alert issued in January 2018 the Tax Information Authority of the Cayman Islands (“TIA”) has now issued Guidance in respect of the Country-by-Country Reporting requirements (“CbCR”). CbCR requires every entity that is “resident in the Islands” to determine whether or not it is a constituent entity of […]

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New online court may improve chances of tenancy arrears recovery

By Karl Anders and Lucie Bryan On 6 April 2018 HMCTS publicly announced the launch of a new online service to allow members of the public and businesses to issue money claims, resolve disputes and access mediation via a new online claims service. Known as Civil Money Claims, and available for money claims with a […]

Dress codes in the workplace: new government guidance

By Stuart McBride New guidance entitled “Dress codes and sex discrimination – what you need to know” was published by the Government Equalities Office last week.  It follows the 2016 online petition started by a woman who was sent home from work when she refused to wear high heels. The petition led to a Parliamentary Enquiry […]

Timor-Leste oil and gas: New maritime treaty with Australia

On 6 March 2017, in New York, delegations of both countries signed, before the United Nations’ Secretary-General and Portugal’s former Prime-Minister, António Guterres, the “Treaty Between the Democratic Republic of Timor-Leste and Australia Establishing Their Maritime Boundaries in the Timor Sea”. The new maritime boundaries between the two countries represent, after almost 50 years, Australian’s […]

Portugal: New regime for conversion of unsubordinated credits into capital

Law No. 7/2018 was published on 2 March and created a legal regime for the conversion of unsubordinated credits into capital in commercial companies, or companies adopting a commercial form, incorporated under the Laws of Portugal. The new law entered into force on the day after its publication and clearly aims to provide an extrajudicial […]

Portugal: Exploitation of lithium

Lithium minerals have seen a rise in demand and price since 2011, which became even greater in 2016, and the expectation is that this rise will continue along with the growing demand for electric vehicles. Lithium supply security has become a top priority for technology companies in the United States and Asia and, worldwide, lithium […]

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Jones Day looks to extend life of London HQ with refurb

Jones Day is completely refurbishing its London office, which has seen headcount grow dramatically in recent years, in a bid to avoid a costly premises move. The US firm still has 12 years remaining on its lease for its UK headquarters at 21 Tudor Street near Blackfriars. As the firm’s London office administrator Peter Cross […]

4 Stone Buildings chooses IRIS Legal Hosted Solution

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