Read our latest articles, press releases, updates and announcements.
16 Mar 2017
Maples and Calder and Maples Fiduciary have assisted MJX Asset Management on its dual compliant $528 million Venture XXVI CLO – the first new-issue CLO of the year globally.
13 Mar 2017
Version 2.0 of the Cayman Islands CRS Guidance Notes (the "Guidance Notes") is expected to be published by the Department for International Tax Cooperation later this month following consultation with industry. Maples and Calder is actively engaged in the consultation process, and this update outlines some of the key provisions of the draft Guidance Notes (which may be subject to further change) as well as the CRS Regulations released in December 2016. Further details of notification and reporting deadlines under CRS and US FATCA are also included.
13 Mar 2017
In this edition of the Maples and Calder Tax Update, we focus on both Irish and international tax developments. We examine the recent significant changes to the taxation of vehicles investing in Irish real estate, including Irish "Section 110" companies and Irish regulated funds. On the international front, we review the EU Commission's decision on State Aid with respect to Apple and the ongoing development of the OECD's Base Erosion and Profit Shifting ("BEPS") project.
8 Mar 2017
In CHC Group Ltd the Cayman Islands Grand Court has determined that, in certain circumstances, directors of a company can commence Cayman Islands restructuring provisional liquidation proceedings without the need for a shareholders' resolution or authorisation in the company's articles of association. This decision allows greater access by companies to the Cayman Islands restructuring regime by confirming a practical solution to the so-called Emmadart issue.
8 Mar 2017
In this Q&A Abraham Thoppil and Luke Stockdale provide an overview of the law as it relates to insurance and reinsurance in the Cayman Islands. Their contribution formed part of the International Comparative Legal Guide to Insurance & Reinsurance 2017, which provides a broad overview of the law in 30 jurisdictions.
This article appeared in the 2017 edition of The International Comparative Legal Guide to Insurance & Reinsurance published by Global Legal Group Ltd, London in February 2017.