Just when trustees are feeling safe to go back into the water after the Hong Kong Court of Final Appeal spoke in Zhang Hong Li v. DBS Bank (Hong Kong) Ltd [2019] along comes Ivanishvilli v. Credit Suisse Trust Ltd [2023]...more
3/25/2024
/ Asset Management ,
Breach of Duty ,
Business Litigation ,
Corporate Governance ,
Fiduciary Duty ,
Financial Institutions ,
Hong Kong ,
Immunity ,
Investment Management ,
Investment Portfolios ,
Portfolio Managers ,
Trustees ,
Trusts ,
Wealth Management
The Cayman Islands is a world leader in the establishment of offshore hedge funds. Its tax-neutral platform, stable economy, sophisticated banking sector, confidentiality and professional financial service industry are just...more
1/22/2024
/ Cayman Islands ,
CIMA ,
Exempted Limited Partnership Law 2014 (ELPL) ,
Financial Services Industry ,
Fund Managers ,
Hedge Funds ,
Incorporation ,
Investment ,
Investment Funds ,
Investment Management ,
Investors ,
Limited Liability Company (LLC) ,
Mutual Funds ,
Regulatory Requirements ,
Required Documentation ,
Segregated Portfolio Companies ,
Share Classes
As issues of high taxation, complex financial laws and economic and political instability continue to affect the onshore world, the attractiveness of the Cayman Islands as a location for establishing private equity, venture...more
1/18/2024
/ Business Entities ,
Cayman Islands ,
Exempted Limited Partnerships ,
Financial Services Industry ,
Fund Managers ,
Investment ,
Limited Liability Company (LLC) ,
Offshore Funds ,
Private Equity ,
Real Estate Investments ,
Regulatory Requirements ,
Required Documentation ,
Segregated Portfolio Companies ,
Venture Capital
Never content to be left out of the competition for wealth management of ultra-high-net-worth families from Singapore and Dubai, Hong Kong recently enacted a new tax concession regime (Inland Revenue (Amendment) (Tax...more
11/28/2023
/ Cayman Islands ,
Estate Planning ,
Family Trusts ,
Holding Companies ,
Hong Kong ,
Investment Funds ,
Investment Management ,
Investment Schemes ,
Private Equity ,
SFO ,
Singapore ,
Trusts ,
Wealth Management
News in the Chinese sensationalist media sent a shuddering ripple across many estate planners in China and Hong Kong concerning the viability of offshore trusts: a receiver had been appointed over bank accounts held in the...more
Welcome to the sixth edition of our Private Client Bulletin, bringing you the latest private client and trust news and insights from Bermuda, the Cayman Islands, BVI and Asia.
This edition features articles on offshore...more
11/16/2021
/ Asia ,
Beneficiaries ,
Bermuda ,
British Virgin Islands ,
Cayman Islands ,
Divorce ,
Family Trusts ,
Foreign Judgments ,
Joinder ,
Jurisdiction ,
Marital Assets ,
Trust Protector Actions ,
Trustees ,
Trusts
This issue focuses on the evolution of the Cayman Islands insurance industry. We share an interview with Nate Gemmiti, Chairperson of CIRCA, and introduce you to the Head of our Cayman office, Kevin Butler who, following time...more