One of the small, but important, details to arise from the recent case of Carlyle Capital Corporation Limited (in Liquidation) and others v. Conway and others [2017] was that the directors under fire in that case ...

Lawyers from our corporate practice have drafted this note, which provides a brief synopsis of the common law duties owed by directors of companies incorporated in the Island of Guernsey.

Carey Olsen's Guernsey office has advised Tufton Oceanic Assets Limited, a Guernsey registered fund, on the successful completion of its initial public offering on the London Stock Exchange.

Shareholder activism refers to the use of ownership position in order to influence a company's policy and practices and is a very live issue in the current economic climate.

Guernsey is one of the world's largest offshore finance centres, with a thriving funds industry.

The Cibus fund held its first close of $100 million on 2 May and is targeting a $500 million final close in 2018.

The registered fund regime offers a significantly faster approval process than that of authorised funds (other than QIFs): three days for RCIS Funds and one day for PIFs, relying in each case upon increased due diligence expectations on the part of the fund's administrator.

This briefing note provides an outline of the processes and requirements to migrate an overseas company into Guernsey.

In the 27 years between 1987 and September 2014 the Guernsey Financial Services Commission issued five public statements and prohibited four persons from performing functions under the relevant regulatory laws.

In May 2016 the Guernsey Financial Services Commission (GFSC) launched a new regulated investment structure, the Manager-Led Product (MLP).

On 16 November 2016 the Guernsey Financial Services Commission (the "Commission") approved the introduction of a new classification of fund known as the Private Investment Fund ("PIF").

Since the introduction of Guernsey's aircraft registry, the 2-Reg, in 2013, aircraft financing continues to grow in popularity in the island, according to offshore law firm Carey Olsen.

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.

A non-EU AIF can be established using an English and Scottish limited partnership (LP), if it has a Guernsey or Jersey general partner.

The changes introduced by the Ordinance have now become effective as a result of the Companies (Transitional Provisions and Commencement) Regulations 2015.