By clicking on each of the jurisdictional links below, you can access information for each of our jurisdictions in relation to:

  1. Filings
  2. Can searches be conducted?
  3. Certificates of good standing – if and how these are being conducted
  4. Other searches – how are these being conducted?
  5. Court position
  6. Travel restrictions
  7. Other Temporary Regulatory Measures
  8. The implications for economic substance compliance and residency

 

Bermuda British Virgin Islands Cayman Islands Guernsey

Hong Kong *Isle of Man Jersey Mauritius Seychelles

SPOTLIGHT ARTICLE: FACILITATION OF CROSS BORDER RESTRUCTURING

In July 2020, we looked at restructuring and insolvency solutions for companies severely impacted by the economic ramifications of the then-new Covid-19 pandemic. This article provides a helpful breakdown of the powers and discretion of the domestic courts in the leading offshore jurisdictions where Appleby offices are located to assist the courts of a foreign jurisdiction with a view to facilitating cross border restructuring. As the pandemic grinds on, we believe that it is a good time to remind our readers of the options available to them to “right size”, to compromise the claims of creditors and to deploy processes to secure sustainability in this unprecedented time.

We trust this information is useful in supporting your business in continuing to operate during these unprecedented circumstances.

The intention is to publish updates to this report as and when required. Further articles will also follow in relation to matters pertinent to the current situation in our different jurisdictions.

APPLEBY ARTICLES RELATING TO THE CURRENT CORONAVIRUS PANDEMIC
12 Mar 2021 |

Material adverse change clauses in light of the Covid-19 pandemic

Experts from each of our key global offices provide jurisdiction specific advice and answer question...

25 Feb 2021 |

Acquisition agreements during Covid-19

Given the ongoing impact of the Covid-19 pandemic, it is timely for us to look closely at material a...

29 Dec 2020 |

Finding focus after COVID-19

Bermuda’s economy has been buffeted by the challenges of COVID-19 during 2020. But a robust respon...

27 Nov 2020 |

NAV Facilities: A Promising Vaccine for Funds in the Era of Covid-19?

The spotlight has been on NAV facilities and other bespoke financings as an area poised for growth, ...

30 Oct 2020 |

When Worlds Collide – How COVID is Connecting Technology with Natural Resources

Dating back to the beginning of 2020, the natural resources sector has been extremely active at both...

Contributors: Peter Colegate
1 Oct 2020

Will Personal Privacy become a COVID Casualty?

As the world enters the second wave of COVID, there is a growing risk that the erosion of personal p...

Contributors: Peter Colegate
21 Oct 2020 | News

Safe Haven Found: The Cayman Islands introduces Global Citizen programme for digital nomads

On 16 October 2020, the Cayman Government gazetted regulations bringing into effect its Global Citiz...

Contributors: Esmond Brown
8 Sep 2020

Advice for Commercial Landlords in the current Covid-19 environment

On Monday the Government of Jersey confirmed that it will be following a new policy in order to prov...

4 Aug 2020 | News

Bermuda launches new one-year ‘Work From Bermuda’ residency initiative

Bermuda is now offering one-year residency for those who want to work or study remotely. Effective ...

14 Jul 2020 |

How COVID-19 is Affecting the Responsibilities of Trustees and How They Can Ensure They are Fulfilling Their Duties

First published on ePrivate Client, July 2020 These unprecedented times of COVID-19 are challengi...

9 Jul 2020 | Analysis

Operating in the “new normal”

With businesses facing unprecedented challenges in 2020, data protection and cyber security regulati...

Contributors: Peter Colegate
2 Jul 2020 | News

Covid-19: Protecting Personal Data – the New Normal

One unanticipated consequence of the COVID-19 pandemic has been the huge increase in the collection ...

1 Jul 2020 |

Real Estate Finance Update - Considerations when enforcing Jersey security over real estate structures in the current COVID-19 environment

In recent days the news has been filled with landlords announcing their rent collection results foll...

Contributors: Daniel Healy
29 Jun 2020 | News

Covid-19 in the Courts

On 26 June 2020, the Cayman courts made a winding up order for an insolvent company notwithstanding ...

17 Jun 2020 | News

Considerations for Trustees during COVID-19

Who saw a global pandemic coming in 2020?  Was anyone ready for it?  And could anyone have predict...

16 Jun 2020 |

Considerations for trustees during coronavirus (COVID-19)—the view from Jersey

Private Client analysis: Who saw a global pandemic coming in 2020? Was anyone ready for it? David Do...

12 Jun 2020 |

Investment Funds: Opportunities During Covid-19

Fund managers are as affected as anyone by the coronavirus shutdown and while many fund managers con...

11 Jun 2020 |

Jersey Companies and Public Offers: Impact of Covid-19 on Deal Execution

The first half of 2020 has proven to be very challenging for dealmakers globally to execute transact...

Contributors: Kevin McQuillan
4 Jun 2020 |

Commercial leases in Jersey - Practical considerations arising from new guidance for the Covid-19 period

Tenants of commercial premises in Jersey suffering financial hardship may be considering, or may ind...

4 Jun 2020 | News

COVID-19: Holding the line – Standstill agreements and Moratoria

As the world slowly emerges from the initial emergency phase of the COVID-19 pandemic and life retur...

28 May 2020 |

Has Covid-19 flattened the fund finance curve?

Leading into the first quarter of 2020, the preceding 12 months saw a rapid increase in the demand o...

Contributors: Paul Worsnop
26 May 2020 |

Economic Substance in the time of COVID-19

Cayman, like many other jurisdictions, introduced its ES Law in response to international pressure t...

21 May 2020 | News

Going private transactions during COVID-19

Offshore companies incorporated in Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey...

20 May 2020 |

Threatened insolvency: Personal Exposure of Directors

During the challenging economic environment created by the COVID-19 pandemic, business resilience an...

Contributors: Jerome Wilson
14 May 2020 | News

Anti-takeover strategies during COVID-19

The unprecedented market volatility and substantial declines in stock prices that we have witnessed ...

13 May 2020 | News

The COVID-19 (Miscellaneous Provisions) Act 2020 brings key changes in Mauritius

The introduction of the COVID-19 (Miscellaneous Provisions) Act 2020 (‘COVID-19 Act’) and the Qu...

12 May 2020 |

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 sta...

11 May 2020 |

Big Brother and The Pandemic

The coronavirus pandemic has caused untold global chaos, forced rapid digital transformation on busi...

7 May 2020 |

Electronic signing of documents and COVID-19

The COVID-19 outbreak has transformed the way we operate in all aspects of life, including and espec...

Contributors: Monica Kelly
7 May 2020 |

E-signatures – Who needs ink anyway?

The global spread of COVID-19 and the sustained containment protocols in place including social dist...

Contributors: Peter Colegate
6 May 2020 | News

Appleby Advises On New Recovery Fund Foundation

Leading offshore law firm Appleby has advised on the structuring of a new Cayman Islands foundation ...

29 Apr 2020 | Analysis

COVID-19 Merger and Acquisition Update

In these uncertain times we have had numerous enquiries from clients as to what we think is going to...

23 Apr 2020 |

COVID-19 – Signing of Wills in Jersey

Jersey law is not alone in having strict rules regarding the execution of wills. Except in the case ...

23 Apr 2020 |

Duties and Liabilities of Directors of Bermuda companies

During the challenging economic environment created by the COVID-19 pandemic, directors need to be e...

Contributors: Jerome Wilson
23 Apr 2020 | News

Corporate Governance during COVID-19

In each of Appleby’s jurisdictions, measures have been taken to combat the spread of COVID-19. Wh...

16 Apr 2020 |

COVID-19 – Charity AGM restrictions in the Isle of Man

The COVID-19 pandemic and associated restrictions place unprecedented difficulties on Isle of Man re...

Contributors: Kyle Sutherland
16 Apr 2020 |

COVID-19 – Commercial property guidance in Jersey

The Minister for Economic Development, Tourism, Sport and Culture has published Guidance relating, p...

15 Apr 2020 | News

COVID-19 Economic Substance Update

All of the offshore jurisdictions in which Appleby operates have implemented legislation to require ...

15 Apr 2020 |

British Virgin Islands Jurisdictional Guide for COVID-19

This guide provides an overview of the financial support on offer to businesses in the BVI. We revie...

Contributors: Shana Simmonds
15 Apr 2020 |

COVID-19: Temporary amendment of residential tenancy legislation in Jersey

As part of a raft of new legislation to address the far-reaching impact on society of the COVID-19 o...

9 Apr 2020 |

COVID-19 and the Mauritius Justice System: How will this pandemic affect court work?

The coronavirus pandemic of 2020 has affected every aspect of our lives. Humankind is facing a globa...

8 Apr 2020 |

Dividends in COVID-19 financial landscape

As Covid-19 sweeps across the globe, many companies are choosing to retract, suspend or reduce divid...

8 Apr 2020 |

COVID-19’s impact on AGMs – Strategies to Consider

This article considers the legal and practical issues of each option to assist companies that are gr...

Contributors: Sally Penrose
8 Apr 2020 |

Shareholder activism during COVID-19

A number of global businesses use Bermuda as their jurisdiction of choice. COVID-19 is continuing to...

Contributors: Matthew Ebbs-Brewer
6 Apr 2020 |

Wrongful Trading: Legal position in Jersey

During these uncertain times, business resilience and continuity is at the forefront and directors o...

Contributors: Mark Brady, Gemma Whale
3 Apr 2020 |

Estate planning during COVID-19

With people working from home and being surrounded by their spouse, children, and in some cases pare...

2 Apr 2020 |

Jersey cash box structures: a fast route to funding

It is no surprise, as a result of the wider economic unpredictability arising from COVID-19, that li...

Contributors: Kevin McQuillan
26 Mar 2020 |

The response to COVID-19: employment issues

The first seven* cases of Covid-19 in Bermuda have been confirmed and the situation continues to dev...

 

* Appleby is registered as a Foreign Law Firm in Hong Kong and does not practice Hong Kong Law.

Key Contacts

Malcolm Moller

Group Managing Partner: Mauritius, Seychelles, Shanghai

T +230 203 4301
E Email Malcolm

Cameron Adderley

Managing Partner: Hong Kong

T +852 2905 5790
E Email Cameron

Mark Holligon

Global Practice Group Co-Head of Dispute Resolution : Isle of Man

T +44 (0)1624 647 691
E Email Mark

John Wasty

Global Co-Head of Dispute Resolution: Bermuda

T +1 441 298 3232
E Email John

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