Chambers Global Practice Guides 2021 – Corporate M&A – British Virgin Islands

The M&A market in 2020 was curiously active compared to 12 months ago. There were 399 M&A transactions in 2020 compared with 359 in 2019. The deal value in 2019 was higher at 9,331.56 compared with 5,946 in 2020.

Related briefings

“Holding the Fort” – Cayman Islands Litigation

In the Cayman Islands, like many other common law jurisdictions, claimants have various tools available to them to try to protect their position pending a final ruling. For example, the Cayman Islands Grand Court can issue a freezing injunction, appoint receivers and/or appoint provisional liquidators in the appropriate circumstances.

Piercing the veil of privilege: the iniquity exception

Conyers represented the successful respondent trustees in the recent Court of Appeal decision in Wang, Ven Jiao v Grand View PTC & Ors [2021] Civil Appeal No.4, in which the Court refused an application for leave to appeal against Kawaley AJ’s refusal to permit the applicant to rely on otherwise privileged hearsay evidence.

Moving to the Cayman Islands

Boasting an enviable lifestyle, modern infrastructure and a highly sophisticated financial services industry and all within a short flight of Miami and other US cities, the Cayman Islands check all the boxes for individuals seeking to relocate to a tax-neutral jurisdiction. As a result, the Cayman Islands have evolved into an increasingly popular place of residence for internationally mobile “remote-workers” and high-net-worth individuals from around the world.

Offshore SPACs explained and the benefits

The resurgence of special purpose acquisition companies (SPACs) as an alternative to traditional IPOs was one of the major talking points of 2020. SPACs have become attractive propositions for investors, venture capital firms and private equity funds looking to efficiently deploy capital quickly and enhance their portfolios in an era of low interest rates and market volatility.

Latest Briefings

Employee ownership: getting the best from your trustees

When a business chooses to transition to employee ownership (EO), a trust must be established for the benefit of the employees of the company. The trust becomes the legal owner of the company shares, and the trustees are appointed to the board of that trust. Their role is to protect the interests of the employees as shareholders.

Recommended

Solicitors Regulation Authority

SRA sanctions Addleshaws trainee and Clydes consultant for drink driving

A trainee solicitor at Addleshaw Goddard and a consultant at Clyde & Co have both been investigated by the Solicitors Regulation Authority (SRA) for separate drink driving offences. The Addleshaw Goddard trainee and consultant Nuno Frota are the individuals concerned, with the former given a rebuke by the SRA while the latter faces a £1,500 […]

Webinar: Law firm relationship status update: it’s all about value, efficiency and doing things differently

This free to watch webinar was part of the virtual General Counsel Strategy Summit that took place on 11th – 13th May 2021. If you’d like to watch the recording of this presentation, please complete the form below. The increased pressure on cost efficiencies that most in-house teams are experiencing at the moment means there is a big focus on revamping external counsel relationships, minimising spent and maximising value. Is law still about selling people to people? Issues discussed in this webinar include: Has the pandemic and current economic climate changed the long-term dynamics between firms and their clients? Are law firm-client relationships changing? How are GCs envisioning their interactions with law firms to look like going forward? Are the “shiny toys” distracting us from what really matters, business partnerships and customer service? What does being creative with your law firm panel and doing things differently look like in practice? Is there a need for more collaboration and coordination within the in-house community when it comes to driving improvements to law firm-client relationships? What more can GCs do? Panellists: Ruth Daniels, Group General Counsel and Company Secretary, Superdry Claire Betty, Head of Legal – Commercial, John Lewis Partnership Mark Turner, COO – Legal, Compliance and Risk, TP ICAP Moderator: Peter McCusker, Deputy General Counsel, Royal London

Latham loses out in Facebook’s competition appeal

Facebook has failed to overturn orders placed on it by the Competition and Markets Authority (CMA), as it completes an investigation into the social media giant’s $400m (£283m) acquisition of Giphy. The Court of Appeal criticised the tech giant for sitting “on its hands” during an anti-competition investigation. In a judgment, the court upheld the […]

Find legal roles

Make your next move with The Lawyer Careers. Search and apply for thousands of vacancies, or receive email alerts for new roles when they go live. Whether you're looking at private practice, in-house legal or an exciting business support role, you'll find your future here.

Search vacancies