The good life: Bermuda’s new economic pillar
The life sector has moved swiftly from being a new ‘nice-to-have’ in the Bermuda marketplace, to the Island’s latest big success story, said a panel at the Bermuda Risk Summit.
The long-awaited Capacity (Lasting Powers of Attorney) (Bailiwick of Guernsey) Ordinance, 2022 (LPA Ordinance) has introduced the concept of lasting or enduring powers of attorney (LPA) to Guernsey.
Navigating the Jersey M&A landscape (3 of 3)
This is the third of a series of three articles, each dealing with topics to be considered when buying, selling and/or restructuring businesses that have premises and/or people in Jersey to help clients and intermediaries navigate the M&A landscape from a Jersey perspective.
Restructuring of (Re) Insurers during Covid-19
Restructuring involves changing the financial, operational, legal or other structures of a business to make it more efficient and more profitable.
The Economic Crime (Transparency and Enforcement) Act 2022: a Jersey perspective
The new Economic Crime (Transparency and Enforcement) Act received Royal Assent on 15 March 2022 (the Act), following an expedited passage through Parliament. After repeated delays to the progression of the legislation amid much criticism, the bill has now been fast tracked through UK Parliament following the invasion of Ukraine by Russia and the focus of Russian money in the UK. The Act is aimed at strengthening the UK's fight against economic crime.
Aircraft financing - a brief guide to Cayman
Legal and administrative service providers in the Cayman Islands such as Appleby can offer aircraft owners and financiers much more in the way of financing, leasing, securitisation and ownership structures not limited to Cayman registered aircraft. A common component to these structures is the use of a Cayman Islands special purpose vehicle (“SPV”) through which funding and leasing arrangements may allow for certain tax, accounting and regulatory relief.
The New Era of China’s Belt and Road Initiative
It presents new opportunities for the offshore legal space, from the establishment of offshore investment funds to offshore bond issuances and IPOs with the use of offshore listing vehicles to raise funds for Belt and Road infrastructure projects.
Restructuring the offshore debt of Chinese Real Estate Developers
This article sets out how the current regimes in the Cayman Islands and the BVI can assist with restructuring, after first highlighting upcoming changes to the supervision regime in the Cayman Islands which will make restructuring there a more attractive option.
Assignment, novation or sub-participation of loans
Transfers of loan portfolios between lending institutions have always been commonplace in the financial market.
Appleby Mauritius Newsletter, April 2022
In the April 2022 issue of Appleby’s newsletter, we give you an overview of the latest legal and regulatory developments in the offshore world for the Mauritian jurisdiction.
Employment rights during and following a pandemic under the Workers’ Rights Act
In view of the ongoing COVID-19 pandemic which is currently affecting the community at a global level, employers are faced with unprecedented questions as to what to do regarding their employees and the way forward, short term or long term.
Defining digital assets in insolvency proceedings
It has been more than a decade since the creation of the first cryptocurrency, bitcoin, yet digital assets are only now being adopted by mainstream business.
