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ARTICLE · 08 FEBRUARY 2013

The Appleby 2012 Offshore Round-Up: Company Law

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A summary of one the key company law decisions handed down in the leading offshore jurisdiction relating to shareholders derivative actions.

BermudaWealth Management

Welcome to Appleby's review of the key company law decisions handed down in the leading offshore jurisdictions during 2012, compiled by members of our Litigation & Insolvency Practice Group in Bermuda, the British Virgin Islands, the Cayman Islands, Jersey, Guernsey and the Isle of Man. Equivalent updates are available in the areas of insolvency & restructuring, fund disputes, civil procedure and trust litigation. Copies may be obtained from our website or from your usual Appleby contact.

2012 saw interesting decisions from Jersey on when a minority shareholder can invoke unfair prejudice remedies and when a derivative action is appropriate, from Bermuda on cross-border issues arising in offshore companies that are listed elsewhere and from BVI on derivative actions, as well as a stern message from the Guernsey Court to directors who turn a blind eye to financial crime.

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