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Private Client & Offshore Services

14 January 2021
William Jones Snapshot: getting your foreign judgment recognised and enforced

Cayman Islands - Ogier

Ensuring the effective enforcement of judgments is a crucial aspect of a successful litigation strategy. The Cayman Islands recognises that valid decisions made elsewhere should be as enforceable as domestic judgments. While the statutory regime for registration and enforcement has been extended to only some of the superior courts of Australia and its external territories, the Cayman courts are willing to consider extending assistance to all judgment creditors through the well-trodden common law route.

Authors: William Jones, Deborah Barker Roye, Jeremy Snead
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Mathew Newman Not just a rubber stamp: principles for liquidators to get decisions blessed by Royal Court

Guernsey - Ogier

The Royal Court recently brought an end to an important chapter in a long-running dispute regarding control of the exploration and exploitation of the oil and gas reserves of Georgia. This judgment makes it clear that liquidators can approach the court to approve a significant decision that they have taken to enter into a transaction and that such decision is akin to a Public Trustee v Cooper blessing of a momentous decision in a trusts context.

Author: Mathew Newman
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Helen Ruelle First COVID-19-related employment tribunal judgment

Jersey - Ogier

A recent Jersey Employment and Discrimination Tribunal judgment is believed to be the first employment decision relating to the restrictions imposed on businesses due to COVID-19. Although the claimant was unsuccessful in his claim, the tribunal chair expressed sympathy, saying that he was the victim of an unreasonable and unsustainable interpretation by the respondent of a clear and plain term in the government's COVID-19 payroll co-funding scheme.

Authors: Helen Ruelle, Will Austin-Vautier, Laura Shirreffs, Rachel DeSanges
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Pedro Cortés Draft law on tax benefits for activities dedicated to scientific and technological innovation

Macau - Rato, Ling, Lei & Cortés Advogados

The government has issued a draft law on tax benefits for undertaking activities dedicated to scientific and technological innovation. This draft law is a consequence of the Macau Special Administrative Region Policy Address for the Fiscal Year of 2019, particularly in relation to innovation in the areas of technology and smart-city development, and aligns with the goal of transforming the Guangdong-Hong Kong-Macau Greater Bay Area into an international centre of science, technology and innovation.

Authors: Pedro Cortés, Calvin Tinlop Chui
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Recent updates

Aditya Mehta Supreme Court clarifies law on maintenance

India - Cyril Amarchand Mangaldas

Authors: Aditya Mehta, Manasvi Nandu, Tanya Singh
Nick Rogers Snapshot: private fund registration – what have we learnt?

Cayman Islands - Ogier

Author: Nick Rogers
Catharine Bell Family governance – enforceability and sustainability in private wealth structures

International - Forsters LLP

Authors: Catharine Bell, Charlotte Evans-Tipping
Emily Haithwaite Jersey – a home for private equity fund managers

Jersey - Ogier

Authors: Emily Haithwaite, Jonathan Hughes, Niamh Lalor
Jennie Cherry Estate and gift tax situs of assets – specific examples

USA - Kozusko Harris Duncan

Authors: Jennie Cherry, Pamela Goldfarb, Rashad Wareh
Robert Payne Anti-money laundering rules: impact on art market

United Kingdom - Forsters LLP

Authors: Robert Payne, Rebecca Welman
Craig Cordle Guernsey ticks right boxes to attract increasing private equity investment from United States

Guernsey - Ogier

Author: Craig Cordle