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  • Article

    Are You A Person Aggrieved?

    A recent judgment of the United Kingdom Supreme Court in Brake & Anor v The Chedington Court Estate Ltd [2023] UKSC 29 (10 August 2023) is likely to be a welcome decision for liquidators...
    United KingdomInsolvency/Bankruptcy/Re-Structuring
    Carey Olsen
    Carey Olsen
  • Article

    Update To Bermuda's Economic Substance Legislation

    The month of June 2019 saw a number of important updates to Bermuda's economic substance regime ahead of the 1 July deadline for compliance for entities in existence when the legislation came into force.
    BermudaTax
    Carey Olsen
    Carey Olsen
  • Article

    Guernsey's Fast Track Application Regime For Managers Of Overseas Funds

    Carey Olsen has recently assisted a number of overseas fund managers with migrating their fund management companies ("Mancos") to Guernsey, and we continue to receive enquiries.
    GuernseyFinance and Banking
    Carey Olsen
    Carey Olsen
  • Article

    Guernsey's New Fast Track Application Regime For Managers Of Overseas Funds

    Carey Olsen has recently assisted a number of overseas fund managers with migrating their fund management companies ("Mancos") to Guernsey, and we continue to receive enquiries.
    GuernseyFinance and Banking
    Carey Olsen
    Carey Olsen
  • Article

    Guernsey Funds Market Update: ESG, Discretionary Exemptions And Changes To The Licensees (Capital Adequacy) Rules, 2021

    Our investment funds team outline the latest developments in the investment funds market in Guernsey including the new sustainable initiatives introduced by the GFSC...
    GuernseyFinance and Banking
    Carey Olsen
    Carey Olsen
  • Article

    Document Duty (Residential Property)

    To many the recent announcements of disappointing revenue forecasts for 2013 from Guernsey’s Treasury and Resources Department ("Treasury and Resources"), in part due to a reduction in document duty receipts (document duty generally being the second-largest contributor to Guernsey’s budgetary income after income tax) will have come as little surprise.
    GuernseyReal Estate and Construction
    Carey Olsen
    Carey Olsen
  • Article

    Guernsey Planning Matters: My Planning Application Will Be Decided At An Open Planning Meeting. What Does This Mean?

    This means that your planning application will be decided by the political members of the Development & Planning Authority ("DPA") at a meeting which will be open to the public.
    GuernseyReal Estate and Construction
    Carey Olsen
    Carey Olsen
  • Article

    Jersey's Economic Substance Requirements - Identifying Holding Company Business And Its Implications

    This briefing forms part of our series on identifying relevant activity for the purposes of the Taxation (Companies – Economic Substance) (Jersey) Law 2019 (the "ESJL"), in this case holding
    JerseyCorporate/Commercial Law
    Carey Olsen
    Carey Olsen
  • Article

    Bermuda Minimum Hourly Wage In Effect From 1 June 2023

    From 1 June 2023, all employees in Bermuda will be entitled to receive a minimum hourly wage rate of at least $16.40, pursuant to the Employment (Minimum Hourly Wage) Order 2023 (the "Order").
    BermudaEmployment and HR
    Carey Olsen
    Carey Olsen
  • Article

    Technology Sector Offers Economic And Employment Opportunity For Bermuda

    Employment opportunities that could emerge as a result of Bermuda's growing technology sector should not be underestimated, according to Steven Rees Davies
    BermudaFinance and Banking
    Carey Olsen
    Carey Olsen
  • Article

    Cayman Islands SVB Update For Startups And Founders

    While the shuttering of SVB in recent days represents a material loss to the venture capital and start up industries and to our clients, collaborators, and friends with Cayman Islands...
    Cayman IslandsCorporate/Commercial Law
    Carey Olsen
    Carey Olsen
  • Article

    Why The Cayman Islands Continues To Be A Popular Jurisdiction For Offshore Funds

    Over the past 25 years, the Cayman Islands have established themselves as a leading jurisdiction for alternative investment funds, with nearly 13,000 regulated open-ended funds...
    Cayman IslandsCorporate/Commercial Law
    Carey Olsen
    Carey Olsen
  • Article

    Cayman Islands Fund Finance Update: Capital Call Security, Notices, And Investor Portals

    Most market participants are already well aware that capital call security is perfected, as a matter of Cayman Islands law...
    Cayman IslandsFinance and Banking
    Carey Olsen
    Carey Olsen
  • Article

    A Wave Of FirstGen – Assisting The Creators Of New Wealth

    While the increased profiles and demands of the famed "Next Generation" (NextGen) of established high net worth families have been well traversed over recent times...
    Cayman IslandsTechnology
    Carey Olsen
    Carey Olsen
  • Article

    Guernsey Discrimination Law Update: Where Are We Now?

    We are often asked to opine on the status of anti-discrimination law on the island, as many believe that it does not exist.
    GuernseyEmployment and HR
    Carey Olsen
    Carey Olsen
  • Article

    Carey Olsen And Praxis Fund Services Support Taylor Maritime Investments On London Stock Exchange Listing

    Carey Olsen's Guernsey corporate team and leading funds services provider Praxis Fund Services (PFS) have assisted on the initial public offering (IPO) of Taylor Maritime Investments Limited...
    GuernseyFinance and Banking
    Carey Olsen
    Carey Olsen
  • Article

    Record Year For Open Market Activity In Guernsey

    Sales activity in the Guernsey Open Market last year was at its highest ever level, according to the latest conveyancing statistics compiled by Unusualities of Guernsey...
    GuernseyReal Estate and Construction
    Carey Olsen
    Carey Olsen
  • Article

    Under One Roof: Multi-generational Living

    It is well known that Guernsey is facing significant housing pressures, with the shortage of houses and housing affordability being long-term issues.
    GuernseyReal Estate and Construction
    Carey Olsen
    Carey Olsen
  • Article

    How Will Recent Updates To The Jersey Companies Law Affect You?

    Jersey companies law has been amended from to increase the flexibility of Jersey companies and make their use simpler and more efficient.
    JerseyCorporate/Commercial Law
    Carey Olsen
    Carey Olsen
  • Article

    Secured Creditors And Immovable Property: Procedure And Why It Matters

    Creditors are entitled to have processes of law which give protection to their economic interests. Jersey has various procedural safeguards in place to protect debtors.
    JerseyLitigation, Mediation & Arbitration
    Carey Olsen
    Carey Olsen

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