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Private Client & Offshore Services

28 May 2020
Nateisha L Anderson-Bain Has COVID-19 affected real estate transactions?

Bahamas - Lennox Paton

Restrictions on both domestic and international travel, lockdowns and curfews have been imposed in The Bahamas to restrict movement in an attempt to reduce the spread of COVID-19. While law firms have had to close their physical doors to the general public, real estate and resort development attorneys have embraced new and efficient procedures for closing transactions.

Authors: Nateisha L Anderson-Bain, Kharin Sears
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James Heinicke COVID-19 restructuring and corporate recovery measures

Cayman Islands - Ogier

The government recently held a virtual meeting with the heads and delegates of financial services industry associations in Cayman to allow it to engage with them directly on various COVID-19-related business continuity plans relating to the financial services industry. It is hoped that any chosen actions will be taken swiftly, consistent with the government's stated desire of assisting users of the financial products that the jurisdiction offers.

Authors: James Heinicke, Marc Kish
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Martyn Baudains Executing wills during lockdown

Guernsey - Ogier

The legal formalities for executing a will in Guernsey aim to prevent fraud and undue influence. A will must be in writing and it must be signed, or the signature must be acknowledged, by the testator in the presence of two or more witnesses who are present at the same time. The witnesses must then sign the will in the testator's presence. These requirements do not normally cause much of a problem but can become quite challenging in the context of COVID-19.

Author: Martyn Baudains
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Radhika Gaggar Wills in the time of COVID-19: challenges and solutions

India - Cyril Amarchand Mangaldas

The COVID-19 pandemic has led to increased interest in succession planning, including through wills. However, there are considerable practical and legal challenges to consider when making a will while social distancing, isolation or quarantine measures are in place. Although no solution is foolproof, there are some measures that may help testators to overcome the various complications associated with creating a will.

Authors: Radhika Gaggar, Shaishavi Kadakia
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Jonathan Hughes COVID-19: implications for planning appeals

Jersey - Ogier

The Law Society of Jersey issued guidance regarding the courts' COVID-19 contingency plans, noting that planning appeal hearings have been suspended due to independent inspectors being unable to travel to the island. New appeals will continue to be processed without the final hearing dates being fixed at this stage. Therefore, parties that wish to appeal a planning decision must meet the usual timeframes.

Authors: Jonathan Hughes, Laura Shirreffs
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Werner Jahnel Preventive approach to incapacity issues

Switzerland - LALIVE

The COVID-19 pandemic has placed issues of life and death at the forefront of people's minds, with many people requiring intensive medical care which may deprive them of their capacity of judgement and require others to take decisions for them. This time of significant change is an opportune moment to consider the importance of taking preventive steps before a state of incapacity arises to ensure that individuals' wishes are respected, as well as the various means available to do so.

Authors: Werner Jahnel, Sandrine Giroud, Sébastien Zulian
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Recent updates

Rishabh Shroff Court reconfirms that legal heirs are preferred over nominees

India - Cyril Amarchand Mangaldas

Authors: Rishabh Shroff, Varsha Reddy, Aditya Karekatte
James Heinicke Use of digital contracts and electronic signatures

Cayman Islands - Ogier

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

Guernsey - Ogier

Authors: Christopher Jones, Mathew Newman
Ramonne Gardiner What impact could COVID-19 have on leases?

Bahamas - Lennox Paton

Author: Ramonne Gardiner
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
Jennie Cherry IRS releases additional guidance on 2020 deadline for Form 3520

USA - Kozusko Harris Duncan

Author: Jennie Cherry