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  • Article

    Penalty Clauses – The New Rules

    On 4 November 2015 the UK Supreme Court handed down its decision in the case of Cavendish Square Holdings BV v Makdessi [2015] UKSC 67.
    Cayman IslandsCorporate/Commercial Law
    Harneys
    Harneys
  • Article

    Digital Services Act: Safeguarding Online Interactions In The EU

    On 17 February 2024, the Digital Services Act (DSA) came into effect, applying to all online intermediaries operating within the EU.
    European UnionPrivacy
    Harneys
    Harneys
Article

Breaking News – European Parliament Approves AI Act: What You Need To Know

On 13 March 2024, the European Parliament officially approved the AI Act, the world's first regulation on artificial intelligence, with an overwhelming majority.
European UnionTechnology
Harneys
Harneys
  • Article

    Bermuda Insolvency Law In 60 Seconds

    Insolvency law in Bermuda is principally regulated by the Companies Act 1981 and the Companies (Winding-Up) Rules 1982, supplemented by a wide body of case law.
    BermudaInsolvency/Bankruptcy/Re-Structuring
    Harneys
    Harneys
  • Article

    A Split Victory: Costs Ruling In Afiniti, Ltd. v Chishti

    In a recent decision of the Bermuda Court of Appeal, the judgment in Afiniti, Ltd. v Chishti offered a nuanced costs ruling following an appeal with mixed outcomes.
    BermudaLitigation, Mediation & Arbitration
    Harneys
    Harneys
  • Article

    Class Rights In BVI Company Law

    BVI company law has two overarching characteristics. Firstly, it maximises flexibility to ensure that international users of offshore vehicles can structure their companies in a way that suits their needs.
    British Virgin IslandsCorporate/Commercial Law
    Harneys
    Harneys
  • Article

    Restoration And Bearer Shares In The BVI

    Restoring a company to good standing is one avenue by which a creditor may pursue an asset thought to have vanished.
    British Virgin IslandsCorporate/Commercial Law
    Harneys
    Harneys
  • Article

    BVI High Court Confirms That Exercise Of Discretion To Wind Up A Company Not Dependent On "A Head Counting Exercise"

    Whilst the wishes of the majority of creditors (whether in number or by value) is an important factor in many decisions made within insolvency processes...
    British Virgin IslandsInsolvency/Bankruptcy/Re-Structuring
    Harneys
    Harneys
  • Article

    Potential Changes To Creditors' Rights In The BVI – Administration Orders

    The British Virgin Islands (BVI) is once again considering proposals to bring into force provisions which permit the making of administration orders in relation to BVI companies.
    British Virgin IslandsInsolvency/Bankruptcy/Re-Structuring
    Harneys
    Harneys
  • Article

    Interview With Natalie Lee, Counsel In Hong Kong

    We recently had a chat with Natalie Lee, our newly promoted Counsel, during which she talked about her career in law, her journey with Harneys and more.
    British Virgin IslandsLaw Department Performance
    Harneys
    Harneys
  • Article

    Multiple Derivative Actions In The BVI: Tried But Not Tested?

    On 8 August 2013, the Court of Appeal issued its ruling in the case of Microsoft Corporation v Vadem Ltd
    British Virgin IslandsWealth Management
    Harneys
    Harneys
  • Article

    Cayman Legislative Changes Demonstrate Island's Ongoing Commitment To Global Transparency

    To assist global efforts to tackle tax evasion and corruption and to increase transparency, the Cayman Islands government has amended its companies law and has proposed a fundamental overhaul of its confidentiality laws.
    Cayman IslandsCorporate/Commercial Law
    Harneys
    Harneys
  • Article

    The Contracts (Rights Of Third Parties) Law 2014

    The Contracts (Rights of Third Parties) Law 2014 came into force on 21 May 2014.
    Cayman IslandsCorporate/Commercial Law
    Harneys
    Harneys
  • Article

    Shariah Compliant Funds In Cayman

    Wealth in the Islamic world is accumulating, and investors are seeking competitive off shore locations in which to park their wealth and structure their vehicles.
    Cayman IslandsFinance and Banking
    Harneys
    Harneys
  • Article

    The Impact Of Side Letters On The Constitutional Provisions Of Cayman Islands Funds

    In Re Lancelot Investors Fund, KBC Investments Ltd v Varga the Cayman Islands Court of Appeal has delivered its judgment on an appeal from the Grand Court concerning the impact of side letters on the constitutional arrangements of Cayman funds.
    Cayman IslandsFinance and Banking
    Harneys
    Harneys
  • Article

    New AML Regulations Come Into Force

    The Cayman Islands government recently adopted updated Anti-Money Laundering Regulations (the AML Regulations) which came into force on 2 October 2017.
    Cayman IslandsGovernment, Public Sector
    Harneys
    Harneys
  • Article

    FATCA In Cayman: Deadline Approaches

    The deadline for compliance with both US FATCA and UK FATCA fast approaches.
    Cayman IslandsTax
    Harneys
    Harneys
  • Article

    The EU Succession Regulation: Spotlight On Cyprus

    In a Union where persons and capital are increasingly mobile and free movement forms a basic right, succession laws of the various Member States have not done a good job of keeping apace.
    CyprusFamily and Matrimonial
    Harneys
    Harneys
  • Article

    Imminent Amendments To Cyprus Companies Law For The Implementation Of The EU Mobility Directive

    The Bill is currently before the Parliamentary Committee of Energy, Commerce and Industry for discussion before the final Bill may be presented in Parliament for voting.
    European UnionCorporate/Commercial Law
    Harneys
    Harneys
  • Article

    Russia Sanctions And The Use Of EU-Based Holding Companies And SPVs

    This Article examines in summary whether EU-based subsidiaries of the sanctioned Russian state-owned entities listed in Council Regulation (EU) 833/2014 (Regulation 833)
    European UnionFinance and Banking
    Harneys
    Harneys
  • Showing 461–480 of 868 results

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