This memorandum has been prepared for the assistance of our clients in connection with the provisions in the Companies (Guernsey) Law, 2008 (as amended) (the “Companies Law”) which may be displaced by contrary provisions in a company’s memorandum or articles of incorporation.

Anthony Williams, Mark Holligon and Gemma Whale from our Crown Dependencies Insolvency and Restructuring team attended last week's R3 Annual Conference in Portugal.

Offshore law firm Carey Olsen has advised specialist financial services private equity fund AnaCap Financial Partners on the close of its third Guernsey flagship fund, AnaCap Financial Partners III, LP.

There has been significant media coverage regarding the Inland Revenue’s seemingly continual attack on EBTs in recent months. Following the outcome of the Dextra/Caudwell case in July 2002 (in which the Revenue lost on all 4 counts), new legislation effecting the tax treatment of contributions to an EBT was introduced in the Pre-Budget Statement (November 2002)

With the threat of recession impacting businesses across all areas of economic activity in 2023, anyone involved in structures involving Guernsey companies...