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.
The parent trap and employer fairness
The last twelve months have been difficult for so many of us in so many different ways. We have found ourselves in and out of lockdowns, isolated from loved ones and all with a heightened sense of anxiety and an overhanging sense of threat from the pandemic.
Appleby Celebrates International Women’s Day
International Women’s Day is celebrated annually in support of gender equality and equal participation in global development. We asked some of the female leaders across the globe how they #choosetochallenge
The Bermuda Court has confirmed that it has the jurisdiction to remove the protector of a Bermuda trust. The test for removal is the same as that for trustees, as set out in the Privy Council case of Letterstedt v Broers and another, namely that removal is appropriate where the protector’s continuation in office would be detrimental to the execution of the trust.
At first sight, the recent decision of the UK Supreme Court in R (on the application of KBR Inc) v Director of the Serious Fraud Office [2021] UKSC 2 appears to provide a good deal of comfort to companies which are based outside the UK.