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Private Client & Offshore Services

10 June 2021
Al-Leecia Delancy Public Procurement Act 2021: obtaining government contracts

Bahamas - Lennox Paton

The government has been criticised both locally and internationally in relation to the transparency and procedure surrounding the procurement of government contracts. Partly as a result of this criticism, the government has enacted the Public Procurement Act 2021, which seeks to modernise the government's use of public funds in its procurement process and add a heightened level of transparency.

Author: Al-Leecia Delancy
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Michael Snape Grand Court strikes out creditor's winding-up petition and comments on relationship with arbitration clauses

Cayman Islands - Ogier

The Grand Court recently struck out a winding-up petition presented against Grand State Investments Limited by a shareholder claiming a debt on the ground that the alleged debt was disputed on bona fide and substantial grounds. In addition, the court went on to hold that, had the petition not been struck out, it would have been stayed anyway in favour of arbitration.

Authors: Michael Snape, Nicholas Tam, Christopher Levers, Nour Khaleq
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Bryan De Verneuil-Smith Snapshot: appealing civil judgments

Guernsey - Ogier

This article outlines the process and grounds upon which an appeal can be made in respect of a civil judgment by the Royal Court. It also mentions recent developments in appealing judgments of the Court of Appeal to the Judicial Committee of the Privy Council.

Authors: Bryan De Verneuil-Smith, Conor Morrissey
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Victoria Grogan I don't need a will – do I?

Jersey - Ogier

Whether an individual needs a will really depends on whether they are happy for their estate to pass in accordance with the law or in accordance with their own wishes – which may differ significantly. Jersey succession law, which determines how an individual's assets pass on their death and whether their will is valid, is unusual and interesting. It is a complex mix of influences from English common law and French civil law.

Author: Victoria Grogan
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Werner Jahnel Revised inheritance law allows for greater flexibility

Switzerland - LALIVE

Swiss inheritance law will undergo a major revision which will take effect on 1 January 2023. The respective changes to the Civil Code will allow testators greater flexibility when drafting their will. In particular, the forced heirship rules will be modified to the detriment of the testator's parents and children and therefore merit careful consideration. This article summarises the most important changes.

Authors: Werner Jahnel, Larissa Jauch
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Recent updates

Sophie Reguengo Snapshot: Jersey private funds in demand for private equity and venture capital

Jersey - Ogier

Author: Sophie Reguengo
Jennifer Fox Frozen in time: do limitation periods apply to claims against Cayman companies in liquidation?

Cayman Islands - Ogier

Authors: Jennifer Fox, Victoria King
Tim Clipstone What to know about recent changes to Companies (Guernsey) Law 2008

Guernsey - Ogier

Author: Tim Clipstone
Pedro Cortés Gaming industry – public policy for a fresh era

Macau - Rato, Ling, Lei & Cortés Advogados

Author: Pedro Cortés
Neasa Coen Introduction to philanthropy – from vision to reality

United Kingdom - Forsters LLP

Author: Neasa Coen
Sourav Kanti De Biswas Promoter reclassification and family feuds: area of concern

India - Cyril Amarchand Mangaldas

Authors: Sourav Kanti De Biswas, Gurkaran Arora, Ashlesha Mittal

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