Client Updates

Read our latest articles, press releases, updates, newsletters and announcements. 

5 Dec 2017

As clients will be aware, the Cayman Islands and the British Virgin Islands have legislation in place which brought the OECD's Common Reporting Standard into law with effect from 1 January 2016. This update includes notable information for clients with entities operating in either the Cayman Islands or British Virgin Islands and which constitute Reporting Financial Institutions for CRS purposes.

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1 Dec 2017

There are a number of legal techniques in the Irish loan market for transferring a portfolio of loans and underlying security. These include assignment, novation and transfer under a bespoke statutory process.

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30 Nov 2017

Building on what is now a consistent theme in Cayman Islands law; the Privy Council's decision in DD Growth has further reinforced the serious challenges faced by liquidators of investment funds looking to clawback redemption payments from third party redeemers.

Importantly, the Privy Council has held that redemption payments made by an investment fund in breach of the applicable statutory provisions are not automatically void or repayable.

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21 Nov 2017

This webcast reflects on the impact of Foundation Companies in the month since the first available registration date of Tuesday, 19 October 2017.Our panel of experts, including a member of the legislative drafting...

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16 Nov 2017

In a recent decision on an examinership petition, the Court of Appeal addressed a secured creditor's arguments regarding a pre-existing settlement agreement and regarding the petitioners' (alleged) motives for presenting the petition.

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