Fraud in the sub line market – should we be concerned?
In recent weeks, news of the JES Global Capital fraud committed by fund manager Elliot Smerling has come to light. Unfortunately, we live in world where fraud, much like death and taxes, is inevitable.
Full Steam Ahead at the Jersey Ships Registry
Against a backdrop of uncertainty surrounding Brexit and the difficulties created by the global pandemic, we explore the role of the Ships Registry.
Listing SPACs on The International Stock Exchange (TISE)
This article provides a summary of Appleby listing agent services in the Channel Islands, and also offers an introduction to listing SPACs on The International Stock Exchange (TISE).
Listing ESG and Green Bonds on The International Stock Exchange
This article provides an introduction to listing environmental, social and governance (ESG) and Green Bonds on The International Stock Exchange (TISE) and a summary of Appleby listing agent services in the Channel Islands.
Need for high-layer capacity drives cat bond surge
Catastrophe bonds played a bigger role backstopping the insurance sector at recent reinsurance renewals as other sources of capacity contracted and returns rose for cat bond investors.
Guernsey Structures - The Cannabis Investment Conundrum
Jurisdictions around the world have adopted different positions in relation to the legality of the cultivation and production of cannabis or cannabis-related products, which ultimately affects whether investment structures can own those asset classes. There is a real “patchwork quilt” situation at present, though increasing numbers of jurisdictions are moving towards acceptance of medicinal cannabis products, even where legalising recreational cannabis production/use is considered a step too far.
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 questions regarding the potential implications of Covid-19 on MAC clauses and acquisition agreements as a whole.
No Security over Beneficiary rights
The Royal Court recently considered, for the first time, whether it was possible to issue an arrêt (a form of distraint) over the rights of a discretionary beneficiary under a Jersey trust.
Valuation of shares in M&A deals
The continuing presence of the Covid-19 pandemic may prompt companies to consider making strategic acquisitions through mergers and amalgamations.
LIBOR Transition - A Jersey Perspective
As we discussed in our previous article ‘No More LIBOR’, the interest rate benchmark LIBOR is expected to cease after the end of 2021 and Banks and other lenders and their counterparties have been working to transition to alternative reference rates before LIBOR becomes unavailable.