ArticleThe Effect Of Jersey Corporate Insolvency On Foreign SecurityThere are two principal regimes for corporate insolvency in Jersey: désastre and winding-up.JerseyInsolvency/Bankruptcy/Re-StructuringBedell Cristin
ArticleThe Deep Freeze: The Growing Impact Of Sanctions On JerseyIn recent times, there has been a marked increase in the use of co-ordinated economic sanctions by the European Union, the United Nations and individual states against rogue states and organisations and, on a targeted basis, against specific individuals and entities related to those rogue states and organisations.JerseyInternational LawBedell Cristin
ArticleThe Test For Mistake When Creating A Trust Has Been Clarified By The Royal Court Of JerseyOn 4 March 2014, the Royal Court gave judgment in "Boyd v. Rozel Channel Islands Limited and Others" [2014] JRC056.JerseyCorporate/Commercial LawBedell Cristin
ArticleIslamic Finance In JerseyThe Islamic finance sector has grown in recent years from being a specialised niche to a multi-billion dollar global mainstream industry.JerseyFinance and BankingBedell Cristin
ArticleBVI FATCA - Update US And UKThe BVI Government on 6 March 2014 initialled a "Model 1 intergovernmental agreement" with the government of the USA with respect to FATCA provisions.British Virgin IslandsWealth ManagementBedell Cristin
ArticleFirst Recognition By Cayman Court Of Receivers Of Bermuda Segregated AccountThe Cayman Islands Grand Court (‘Grand Court') has made an Order recognising the Joint Receivers (‘Receivers') of an individual segregated account of a Bermudan segregated accounts company ...Cayman IslandsWealth ManagementBedell Cristin
ArticleThe Companies (Treasury Shares) Regulations, 2016 And The Companies (Treasury Shares) (Amendment) Regulations, 2016The Companies (Treasury Shares) Regulations, 2016 and The Companies (Treasury Shares) (Amendment) Regulations, 2016 (together the "Regulations") were both implemented on 22 July 2016.GuernseyCorporate/Commercial LawBedell Cristin
ArticleCayman Islands Monetary Authority Extends Deadline For SIBL Excluded Persons To 15 August 2019The Cayman Islands Monetary Authority ('CIMA') has issued Notices under Regulation 53A of the Anti-Money Laundering (Amendment) RegulationsCayman IslandsGovernment, Public SectorBedell Cristin
ArticleUK Court Of Appeal Rules On Creditors' Entitlement To Interest After An Administration?The United Kingdom Court of Appeal (‘UKCA') has found that once a company has gone into administration (a form of insolvency/restructuring process not available in the Cayman Islands ...Cayman IslandsWealth ManagementBedell Cristin
ArticlePublic Access To Documents In Guernsey Civil ProceedingsThe presumption in Guernsey is that justice must be done in public. GuernseyLitigation, Mediation & ArbitrationBedell Cristin
ArticleThe Arbitration (Guernsey) Law, 2016 - A SummaryThis much anticipated Law came into force on 12 December 2016. It replaces the previous legislation from 1982 which was widely considered to be outdated and inefficient...GuernseyLitigation, Mediation & ArbitrationBedell Cristin
ArticleNumber Of "Zero Hours" Contracts In Use In The Private Sector RisesStatistics published in Jersey's biannual Labour Market Survey show that the number of "zero hours" contracts in use in the private sector rose by 470 in the year to June 2015. JerseyEmployment and HRBedell Cristin
ArticleRecent Developments In The Funding Of Litigation In JerseyThere have been significant developments in the United Kingdom during the past two decades in the funding of commercial litigation. JerseyLitigation, Mediation & ArbitrationBedell Cristin
ArticleTime Gentlemen Please! - Extending An ELP Investment PeriodOn 13 August 2013 the Cayman Islands Government ('CIG') announced that it had concluded negotiations with the United States of America on a Model Form 1 Inter Governmental Agreement ('IGA'), and that the official signing will be held as soon as possible. Cayman IslandsWealth ManagementBedell Cristin
ArticleInsolvency And Restructuring: Mutual Crossborder Insolvency Assistance: Section 426, Insolvency Act 1986On 22 May 2013 the Court of Appeal of England and Wales delivered the reasoned judgment for allowing the appeal from the decision of the High Court of 12 April 2013 which we referred to in an e-alert dated 2 May 2013. JerseyInsolvency/Bankruptcy/Re-StructuringBedell Cristin
ArticleTrust Litigation In GuernseyLitigation in the trust sector has seen a number of high profile cases in Guernsey and Bedell's Rupert Morris examines the impact two of these cases could have on trust work on the island.GuernseyCorporate/Commercial LawBedell Cristin
ArticleIncubator And Approved Funds Now Available In The BVITwo new fund products have been added in the British Virgin Islands under the Securities and Investment Business (Incubator and Approved Funds) Regulations, 2015 (the "Regulations"); the incubator fund and the approved fund.British Virgin IslandsFinance and BankingBedell Cristin
ArticleHow To Migrate A Company Out Of The Cayman IslandsIn this two part piece, we look at how to migrate existing companies in and out of the Cayman Islands. Elsewhere we look at how to migrate an existing company into the Cayman Islands, but here we look at how to migrate a Cayman Islands registered company to another jurisdiction.Cayman IslandsWealth ManagementBedell Cristin
ArticleThe Death Of Virtual Execution?In the light of the recent Mercury case (Mercury Tax Group Limited and others v HMRC), Ian Jamieson of Solomon Harris examines it's ramifications for Cayman Islands firms engaged in transactional work.Cayman IslandsWealth ManagementBedell Cristin
ArticleTrust Sector And Continued Litigation. How Can Guernsey's Trust Legislation Respond?Generally speaking beneficiaries and trustees alike would all agree that litigation involving a trust should be avoided if at all possible.GuernseyCorporate/Commercial LawBedell Cristin