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Private Client & Offshore Services

21 May 2020
Ramonne Gardiner What impact could COVID-19 have on leases?

Bahamas - Lennox Paton

The government recently announced an ambitious rental assistance programme to assist tenants who have been economically affected by COVID-19 and are unable to satisfy their contractual obligation to pay rent. However, many pundits have questioned the legality of rental assistance during a state of emergency.

Author: Ramonne Gardiner
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James Heinicke Use of digital contracts and electronic signatures

Cayman Islands - Ogier

In light of the COVID-19 pandemic and with many people now working remotely, companies are increasingly considering the use of digital contracts and electronic signatures. To help minimise disruption and ensure business continuity, this article summarises the legal position in the Cayman Islands and provides practical advice on implementation.

Authors: James Heinicke, Cornelia Zhu
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Christopher Jones COVID-19 restructuring and corporate recovery measures

Guernsey - Ogier

Many of the key emergency legislative measures put in place by the states of Guernsey to combat the effects of COVID-19 have been aimed at protecting the local economy, with the focus on the prevention of insolvency rather than insolvency itself. These measures include the introduction of a hardship fund, the Coronavirus Payroll Co-funding Scheme and a £3,000 grant for small businesses and the self-employed.

Authors: Christopher Jones, Mathew Newman
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Rishabh Shroff Court reconfirms that legal heirs are preferred over nominees

India - Cyril Amarchand Mangaldas

The issue of legatees versus nominees is still causing confusion among the public despite numerous judicial decisions which clearly confirm that legal heirs inherit assets over nominees. In November 2019 this position was confirmed once again when the National Company Law Appellate Tribunal held that nomination does not amount to beneficial ownership of an asset and that a nominee merely holds assets on behalf of the legal heirs of the deceased.

Authors: Rishabh Shroff, Varsha Reddy, Aditya Karekatte
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Recent updates

James Bergstrom Essential considerations for Cayman funds in challenging times

Cayman Islands - Ogier

Authors: James Bergstrom, Gemma Lardner
Al-Leecia Delancy At a glance: COVID-19 court protocols

Bahamas - Lennox Paton

Author: Al-Leecia Delancy
Emily Gilmore COVID-19 Weekly Report (4-10 May 2020)

International - International Law Office

Author: Emily Gilmore
Raulin Amy Migration of companies into and out of Jersey

Jersey - Ogier

Authors: Raulin Amy, Simon Dinning, Nathan Powell
Pedro Cortés Data protection exemptions due to COVID-19

Macau - Rato, Ling, Lei & Cortés Advogados

Authors: Pedro Cortés, José Filipe Salreta
Craig Cordle Electronic signing of documents in light of COVID-19

Guernsey - Ogier

Authors: Craig Cordle, Bryon Rees, James Walsh, James Dickinson
Jennie Cherry IRS releases additional guidance on 2020 deadline for Form 3520

USA - Kozusko Harris Duncan

Author: Jennie Cherry
Mary V Ward COVID-19 company update

Bermuda - Carey Olsen Bermuda

Authors: Mary V Ward, Gavin Woods, Michael Frith