Unveiling a Decade of Alleged Offences: 2001-2010

The offences allegedly took place between 2001 and 2010

One way the traffic works: a diamond dealer takes the profits from diamond sales, and instead of declaring them for tax reasons, transfers the money to an offshore bank account via a number of steps, each intended to muddy the trail.

Fund II, which has been established as a Jersey Expert Fund, was oversubscribed and reached its hard cap of US$775 million following strong support from both new and existing Tier 1 investors globally.

The law in relation to litigation funding agreements with respect to civil and commercial litigation in the Cayman Islands is set to change dramatically, with the introduction of the Private Funding of Legal Services Act, 2020 (Act).

This is the second cornerstone investment Appleby has advised Integral on.

A leading directory for the legal industry, Legal 500 grades law firms following a thorough and independent research process, which includes interviews with clients and peers as well as information provided by the firms themselves.

While the Cayman Islands judgment was within the literal definition of the term “judgment” in the 1920 Act, Lord Justice Males preferred a more purposive construction.

The Act seeks to modernise and codify the litigation funding process to reflect changes already enacted in the United Kingdom, United States and other onshore jurisdictions.

The applicant argued that the same considerations apply to setting aside a statutory demand to the Court’s ability to refuse to appoint a liquidator where the appointment is not made for a proper purpose.

Carey Olsen partner Chris Griffin led the team, advising on the Jersey aspects of the fund’s launch, assisted by senior associate Sarah Townsend and associate Luke Costello.

With effect from 1 January 2021 the UK became a “third country” to EU Member States for data protection purposes.

Greenoaks Capital also joined the round, along with existing investors Insight Partners, DST Global, Coatue Management, Blossom Capital, Endeavor Catalyst, and Singapore’s Sovereign Wealth Fund GIC.

From the BVI team, an analysis of two recent Privy Council decisions – touching upon just & equitable winding-up petitions and forum challenges, respectively.

The transaction is conditional upon Energean shareholder, regulatory and other customary approvals with completion expected to occur in the first quarter of 2021. Upon completion, Energean will own 100% of EISL’s share capital.

The Review referred to Collas Crill’s ‘enviable list of case milestones’ and described the firm as ‘well known for representing office-holders and former directors of insolvent companies’.

The increase in Carey Olsen’s market share is a reflection of the calibre and strength in depth of our funds team, the quality of relationships we hold with both clients and the onshore advisers who select Carey Olsen as well as the confidence that i

Danish Prosecutors have three primary investigations into groups stretching from the U.S. to Malaysia that they say illegally claimed dividend tax refunds of around $2 billion.

Gus Jaspert’s extraordinary step comes amid claims of a climate of fear in the UK overseas territory

Beyond the US, geopolitics will continue to shape trade patterns with some adjustment in 2021, but not by too much.

The legislation must be observed in conjunction with the requirements of the relevant Handbook for the Prevention and Detection of Money Laundering and the Financing of Terrorism, issued by the JFSC.