The relevant clause in that case was a standard boilerplate clause used in written contracts...

A discussion on the duties and responsibilities of directors of a BVI company, who run the day-to-day activities of the company and make any commercial decisions required.

Despite the abolition of the Slavenburg register by the UK Overseas Companies (Execution of Documents and Registration of Charges) (Amendment) Regulations 2011 ("the Regulations"), DQ still receive some requests to register charges granted by Isle of Man companies over property in the UK.

Lewin did not involve a situation in which a beneficiary absolutely entitled could not be found, and it was therefore not certain that a payment into court would be justified.

Specific terms of each trust deed are important – always check what does the deed actually say?

The recent Isle of Man judgment of the Staff of Government Division (SGD) in the case of A and B v C and D – 2DS 2023/25 emphasises the importance of the non-intervention principle in trust...

‘An economy that offers low and capped taxes on personal income, no taxes on capital and zero or capped taxes on corporate profits – that’s an environment that investors will find hard to resist,’ says Fedelta’s Michael Shimmin…

Legislation aiming to make terms and conditions fair for consumers came into effect at the beginning of April.

The Isle of Man Government’s press release of August 2 2005 promised the creation of a new type of business friendly company that would be simple and inexpensive to administer, and the Companies Act 2006 came into effect on November 1 2006 creating the 2006 Act Company.

On 1st January 2019 the "substance-based regime" was introduced into the Crown Dependencies (Guernsey, Jersey and the Isle of Man).

A discussion on considering what is required of an Enduring Power of Attorney in the Isle of Man.

Following a series of inconsistent judgments, the Supreme Court has set down a new flexible but structured approach to illegality based upon the purpose behind the public policy.

As of 6 April 2016, UK companies and limited liability partnerships are legally required to identify and record the individuals who own those entities.

In May 2013, the Supreme Court handed down judgment in the case of "BNY Corporate Trustee Services Limited and others v Eurosail-UK 2007-3BL PLC".

There are a number of ways in which a Trust may end. This may involve action taken by the Trustees, the Settlor, the Beneficiaries, a third party or the Court.

Global mobility and the portability of Corporate Structures has become increasingly important to Clients and their Advisers, who often move corporate entities from one jurisdiction to another.

The Isle of Man Companies Act 2006 (CA 2006) introduced what is commonly referred to as the New Manx Vehicle (NMV). Companies incorporated under the Isle of Man Companies Act 2006 provide a more modern and dynamic form of corporate entity ...

When an individual is required to sign certain documents (usually as a deed), there is a requirement for there to be a witness to the signing process.

The Isle of Man Ship Registry has released its 2025 Maritime Labour Convention Annual Report, revealing key compliance trends across health and safety, accommodation standards, and employment documentation. With 248 inspections conducted and specific deficiency patterns emerging from both flag state and port state control activities, the report provides critical insights for vessel owners and managers operating under the IOM flag.

The Isle of Man has established itself as a premier jurisdiction for the formation and administration of Trusts and Foundations. With a strong legal framework...