Corporate Insolvency and Governance Bill: A Jersey Perspective
Insolvency professionals have watched with great interest as the Corporate Insolvency and Governance Bill (the Bill) was recently published by UK Parliament.
We are Family and the Vital Role of the Family Office
Avoiding “shirtsleeves to shirtsleeves” in three generations is a challenge for all wealthy families. One tried and tested solution to preserving and enhancing family wealth is the family office. They are flexible offering privacy, participation and control by the family whilst acting as guardians and educators as to the family wealth.
Economic Substance in the time of COVID-19
Cayman, like many other jurisdictions, introduced its ES Law in response to international pressure to demonstrate ‘substance’ for entities established within its tax neutral borders.
Threatened insolvency: Personal Exposure of Directors
During the challenging economic environment created by the COVID-19 pandemic, business resilience and continuity is top of mind.
Getting The Deal Through | BVI – Private Equity: Fund Formation
Private equity funds in the British Virgin Islands (BVI) have historically favoured establishment as a company. Since 2017, however, it has been possible to use a limited partnership structure very similar to those in other jurisdictions and this is becoming increasingly popular.
The Law Society of Jersey has this week issued guidance commenting on wrongful trading under Jersey law given the financial difficulties caused by the COVID-19 pandemic.
Pandemic-induced market dynamics could result in Class of 2020
Current insurance and reinsurance market dynamics suggest that it could be an opportune time for startups to enter the property/casualty market, according to Brad Adderley.
Derivatives – Cayman Counterparty Considerations in Market Uncertainty
In this briefing we consider the enforceability of common set-off clauses found in OTC derivative trading documentation and some key issues to be considered by derivative users looking to mitigate their financial losses when facing a Cayman counterparty in financial difficulty.
E-signatures – Who needs ink anyway?
The global spread of COVID-19 and the sustained containment protocols in place including social distancing and quarantine together with the anticipated prolonged remote working arrangements and travel restrictions, means that many of our clients are now, more than ever, requiring the use of e-signatures to ensure corporate transactions can complete where possible including the execution of transaction documents, corporate authorities and related documentation.
