Insurance and reinsurance in the Isle of Man in 2022: Overview
A Q&A guide to insurance and reinsurance in the Isle of Man. Reproduced from Practical Law with the permission of the publishers.
Podcast: Digital Assets in the Courts
Digital assets are an asset which has been created and stored digitally, be it data, images, documents, cryptocurrencies and much more. But are digital assets considered property?
When will the court enforce a promise?
As we all know, promises are made and broken all the time. What, if anything, can the law do to assist? Bermuda law, like English law, is usually uninterested in the simple promise, or, more pertinently, the breaking of a simple promise. Without a contract, a trust, a claim under statute or a breach of duty, there is usually no recourse to the court.
Podcast: Segregated Portfolio Company
Join us as we discuss about structuring a SPC, and explore when and where they may be an appropriate vehicle for an investment fund.
Legally speaking: what not to do when outsourcing operations
In the course of my career, I have drafted, negotiated or otherwise provided commercial and legal advice concerning well more than 300 outsourcing contracts of all types.
Significant Judgment for Isle of Man Fund Managers
A rethink of exclusion clauses in fund agreements may be needed after the Isle of Man’s appeal court delivered a significant judgment in September. The Court also examined duties owed to funds, which will be of interest to governing bodies, managers, administrators and auditors of Isle of Man funds.
The Insolvency Review – Edition 10
The Insolvency Review offers an in-depth review of the most consequential features of the insolvency laws and procedures in key jurisdictions worldwide. It also examines the practical implications of recent market trends and insolvency case developments.
The company, limited by shares, is the most common corporate entity worldwide. A company generally has two decision making groups: the company in general meeting (i.e. the shareholders) and the board.
Mauritius: Cryptocurrencies and virtual assets – How ready are we?
The world’s prime means of transacting has traditionally been by way of conventional currencies. However, jurisdictions are starting to embrace virtual currencies as a mode of payment. Through the enactment of the Virtual Asset and Initial Token Offering Services Act 2021 (the Act) and issuance of anti‑money laundering and counter‑financing of terrorism (AML/CFT) guidance notes for virtual asset service providers (VASPs) and issuers of initial token offerings (IITOs) (the Notes),1 the Mauritius Financial Services Commission (the Commission) has sought to provide a legal framework within which business activities relating to virtual assets can operate.
Mergers & Acquisitions (M&A) Guide 2022 – Mauritius
This country-specific guide provides an overview of Mergers & Acquisitions (M&A) laws and regulations applicable in Mauritius.
Mergers & Acquisitions (M&A) Guide 2022 – Isle of Man
This country-specific guide provides an overview of Mergers & Acquisitions (M&A) laws and regulations applicable in the Isle of Man.