Related briefings

Cayman Islands director 2022 registration and licensing

This advisory provides guidance for those directors who are registered with the Cayman Islands Monetary Authority (CIMA) under the Directors Registration and Licensing Act (Revised) as a result of being appointed as a director of a ‘covered entity’ (a Cayman Islands investment fund registered with CIMA under the Mutual Funds Act or an entity, such as an investment manager, that is registered as a ‘registered person’ under the Securities Investment Business Act).

History repeating: a trustee de son tort in Jersey

Becoming a trustee, or ceasing to act in that capacity, is one which will be familiar to all professionals in the offshore trust industry. It is vital that the process is carried out in a manner which is consistent with the interests of the beneficiaries, and complies with the relevant mechanism for the retirement and appointment of trustees.

2022: The outlook from offshore

After a game-changing 2020 and busy year in 2021, Ogier partner in Asia, Nathan Powell, is optimistic about the outlook for 2022. As global head of Corporate law at Ogier, Hong Kong-based Nathan told Asian Legal Business that 2021 has been a busy year overall, especially with mergers and acquisition (M&A) activity.

Snapshot: Enforcement of security in the BVI

In relation to a secured party enforcing its rights under a mortgage or charge of shares in a BVI company, the secured party will typically exercise its rights under BVI law to sell the shares or to appoint a receiver in respect of them.

Snapshot: Supreme Court holds no attribution where director’s “secret” profits in issue

The United Kingdom’s Supreme Court has recently delivered helpful guidance on the principles to be applied when dealing with attribution of knowledge between a company and its wrongdoing directors; particularly in the context of breaches of duty by directors in exploiting corporate opportunities belonging to the company to receive secret profits.

Latest Briefings

An asset tracer’s alphabet

In this short piece, the first in a series of articles shining light on the topic, Schillings’ specialist investigator picks some of the key, basic definitions that an asset tracer should be all too familiar with.

Keeping track of positive covenants

If they can be enforced, positive covenants can be troublesome for buyers and developers alike. But due care can bring any obligations to light during a transaction and help manage them.

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