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Bermuda
Kennedys Law LLP
It has been said that the narrow view of protector consent provisions has the effect of limiting the role of the protector.[1] To this, Kawaley AJ in X Trusts said:
Kennedys Law LLP
It is worth noting as a starting point that there is no requirement to appoint a protector. It has been suggested that the concept has been more popular in relation to offshore trusts because ...
Kennedys Law LLP
In this mini-series of articles, we explore the role of protectors insofar as the same can be identified in general terms, although it will, of course, always be necessary to have regard to the express terms of the trust instrument ...
Kennedys Law LLP
Ultimately, the protector's role in relation to any given trust will be determined with regard to the express terms of the trust instrument. The powers granted to a protector can be broadly categorised as "positive" powers and "veto" powers.
Cayman Islands
Harneys
The Foundation Companies Act, 2017 (the Foundation Companies Act) introduced the foundation company as a new type of corporate vehicle in the Cayman Islands.
Ogier
This includes companies operating under the Companies Management Act, Banks and Trusts Companies Act, Mutual Funds Act, and the Insurance Act.
Ogier
We are pleased to provide a round-up of recent Cayman Islands legal and regulatory developments.
Harneys
In the case of In the Matter of Orient TM Parent Ltd (Unrep, Grand Court, 27 July 2022), the Grand Court of the Cayman Islands dismissed with indemnity costs the petitioners...
Cyprus
G. Vrikis & Associates Ltd
The Department of Registrar of Companies and Intellectual Property announced on the 28th of March 2024, in the context of facilitating compliance with the Register of Beneficial Owners...
Hong Kong
Lewis Silkin
高等法院最近的一项判决确认，即使上市公司董事没有获得任何经济收益...
Lewis Silkin
A recent High Court decision confirmed that directors of listed companies may be disqualified and / or ordered to personally compensate the company for the misappropriation...
Jersey
Walkers
Despite the Trusts (Jersey) Law 1984 ("Trusts Law") expressly providing against the rule against perpetuities currently applying in Jersey...
Luxembourg
MOLITOR Avocats à la Cour
La loi du 21 avril 1928 sur les associations et les fondations sans but lucratif est maintenant abrogée, remplacée par la toute nouvelle loi du 7 août 2023 sur les associations sans but lucratif et les fondations.
MOLITOR Avocats à la Cour
On 23 September 2023, the law of 21 April 1928 on non-profit associations and foundations was repealed and replaced by the brand-new law of 7 August 2023.
DSM Avocats à la Cour
In the wake of the climate emergency, the European Union (the "EU") has set a bold objective for the real estate sector: to achieve carbon neutrality by 2050
DLA Piper
Over the years, Luxembourg has positioned itself as a structuring hub and an attractive jurisdiction for investors to set up co-investments and joint venture vehicles.
Malta
Finance Malta
It is acknowledged that governance set-ups can differ between organisations and there is no set-up which is better than another or which is free from flaws.
European Union
Baker McKenzie
The European market for sub-investment grade corporate credit is now well established. This has been driven in large part by the ongoing move towards direct lenders as a growing source of debt financing.
Worldwide
Baker McKenzie
The new EU foreign subsidies regime will impact all
multinational companies regardless of their country of origin.
Appleby
The expanded paperless listing regime promotes electronic dissemination of corporate communications by listed issuers by, firstly, mandating that listed issuers disseminate corporate...
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