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1
British Virgin Islands – Law And Practice
There are no restrictions on foreign lenders financing an aircraft locally, nor on borrowers using the loan proceeds.
British Virgin Islands
23 Aug 2019
2
Bermuda – Law And Practice
Whether such title transfer includes all installed parts (like an APU) would depend on the terms of the contract.
Bermuda
23 Aug 2019
3
Reflecting On Reflective Loss
The common law principle of reflective loss has been judicially described as a "perplexing and developing area".
Cayman Islands
29 Jul 2019
4
Important Cayman Islands Securities Investment Business Law Changes
The Cayman Islands Securities Investment Business Law (2019 Revision) has been amended by the Securities Investment Business (Amendment) Law, 2019 to, amongst other things, require certain "excluded persons" ...
Cayman Islands
24 Jul 2019
5
Bermuda Public Companies Update – July 2019
The first half of 2019 saw a notable slow-down in global market activity from the same period last year.
Bermuda
19 Jul 2019
6
Gross Negligence Revisited
This has included auditors, administrators and custodians, as well as persons serving as independent directors.
Cayman Islands
12 Jul 2019
7
Bermuda Ship Registry Relaxes Eligibility Requirements And Introduces Competitive Vessel Registration Pricing
The new regulations have been spearheaded by the Bermuda Shipping and Maritime Authority as part of its strategy to position the Bermuda shipping offering as best in class.
Bermuda
12 Jul 2019
8
Tradition And Innovation Through Bermuda Aviation ABS Transactions
Until 2018, ABS transactions in the aviation sector followed a largely similar structure.
Bermuda
11 Jul 2019
9
The Bermuda Captive Insurance Market
Bermuda is the world's largest captive domicile with over 700 active captive licences on its register generating approximately US$54 billion in annual gross written premiums.
Bermuda
5 Jul 2019
10
Cayman Islands Restructuring – Recent Cases
Restructuring of insolvent companies in the Cayman Islands is implemented by a flexible regime comprising the appointment of provisional liquidators coupled with an adjournment of the winding-up petition.
Cayman Islands
4 Jul 2019
11
When Do Directors Owe Their Duties To A Company's Creditors Rather Than Its Shareholders?
The Court of Appeal has recently ruled in BTI 2014 LLC -v- Sequana SA & Ors [2019] EWCA Civ 112 that an otherwise lawful dividend may still be found to be a transaction defrauding creditors.
British Virgin Islands
4 Jul 2019
12
Contingent Liabilities: A Director's Responsibility?
In the Cayman Islands, all directors must swear a Declaration of Solvency (DofS) in a voluntary liquidation.
Cayman Islands
2 Jul 2019
13
Bermuda Amends Economic Substance Legislation To Exclude Entities Tax Resident In Other Jurisdictions
Any entity claiming to be tax resident outside Bermuda will be required to provide relevant information to the Registrar of Companies to support its claim.
Bermuda
27 Jun 2019
14
The New Cayman Regulatory Landscape – What Questions Should a Lender Ask?
The Cayman Islands continue to be at the forefront of the implementation of global standards for transparency and regulatory oversight in respect of the financial services industry.
Cayman Islands
20 Jun 2019
15
Changes To The Cayman Islands' Trusts Law Take Effect
Legislative amendments to the Cayman Islands' Trusts Law which were passed earlier this year have been pronounced to take effect from 14 June 2019.
Cayman Islands
14 Jun 2019
16
Economic Substance Code
It is anticipated that the International Tax Authority (the "ITA") of the British Virgin Islands will soon issue its Economic Substance Code (the "Code").
British Virgin Islands
14 Jun 2019
17
Death In Paradise
Where a person has died and left assets in the Cayman Islands, it is not possible to deal with those assets without first obtaining a grant of representation from the relevant local Court.
Cayman Islands
13 Jun 2019
18
Bermuda Securitisation Bulletin June 2019
This bulletin features a recap of recent securitisation transactions involving Bermuda companies, as well as describing other market developments which we hope will be of interest to our legal colleagues, clients and Bermuda market followers.
Bermuda
4 Jun 2019
19
In the Matter Of A Trust
Following the Settlor's death, the Trustee began preparing for the distribution of the Trust assets.
Cayman Islands
3 Jun 2019
20
Changing With The Times: The Cayman Islands' Trusts Law Gets A Revamp
Legislative amendments to the Cayman Islands' Trusts Law have been passed and are expected to take effect shortly.
Cayman Islands
30 May 2019
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