Conyers

What’s “the matter”? The UK Supreme Court’s decision on the scope of arbitration clauses

The UK Supreme Court in a recent decision has clarified the approach to be taken in determining when a matter ought to be referred to arbitration under an arbitration clause, and when such a matter falls outside of an arbitration clause.

Conyers Partner Jonathon Milne Recognised as Fellow of INSOL International

Conyers is pleased to announce that Jonathon Milne, Partner in the Litigation and Restructuring department of the Cayman Islands office, completed the rigorous Global Insolvency Practice Course and is now recognised as a Fellow of INSOL International.

Conyers Client Services Appoints Travers as Senior Vice President in Cayman

Conyers is pleased to announce the appointment of Jarladth Travers as Senior Vice President and Head of Conyers Fiduciary (Cayman) Limited.

Senior Attorneys Called to the bar of the Cayman Islands

Conyers Dill & Pearman congratulates Alan Dickson and Cora Miller on their call to the bar of the Cayman Islands.

BVI Approved Manager Regime – Streamlined for Success

The British Virgin Islands is recognised as a well-established and innovative fund domicile, ideally suited to attract new or start-up investment fund managers.

Conyers celebrates 90th anniversary

Conyers Dill & Pearman celebrates 90 years in business on 1 November.

Calm After the Storm - BVI Gets Back to Business

There are many hurdles cross-border high-value litigation throws up before a seasoned lawyer but 200mph winds, razed infrastructure and departmental displacement are not ordinarily among them.

Elkinson to lead International Arbitration course in Oxford

Jeffrey Elkinson, a Director in Conyers Dill & Pearman’s Litigation & Restructuring department, has been asked to lead an International Arbitration course for 24 judges and lawyers from around the world, to be held at Queen’s College, Oxford from 16-24 September.

Blockchain, Cryptocurrencies and ICOs: An Offshore Lawyer’s Perspective

Chris Page and Peter Ch’ng of Conyers Dill & Pearman Hong Kong discuss the brave new world of blockchain, cryptocurrencies and ICOs: the opportunities and challenges they present, and the benefits of establishing issuers offshore.

Conyers strengthens Cayman corporate practice with senior partner move

Conyers Dill & Pearman Director Alan Dickson, who has led the Singapore office for the past five years, has moved to the Cayman Islands office.

BVI Incubator and Approved Funds

Cementing its reputation as the offshore jurisdiction of choice for new managers and start-up funds, the British Virgin Islands’ innovative Incubator and Approved Fund products continue to grow in popularity.

Conyers advises Seadrill on Emergence from Chapter 11

Seadrill Limited, one of the world’s largest offshore drilling companies, announced on 2 July 2018 that it had emerged from chapter 11 bankruptcy, after successfully completing its plan of reorganisation (the "Plan").

Bermuda ICO Legislation & Regulations Take Effect

The Companies and Limited Liability Company (Initial Coin Offering) Amendment Act, 2018 (the “ICO Act”), which amends both the Bermuda companies and limited liability company legislation, came into force on 9 July 2018, providing a framework for the regulation of initial coin offerings in Bermuda.

The BVI Extends Visa Exemption to PRC Nationals

The British Virgin Islands ("BVI") Government has enacted a measure which exempts nationals of the People’s Republic of China from the need to apply for a visa to visit the BVI for up to six months for business or tourism purposes.

Conyers Congratulates Joan Bolton on Call to Bar

Conyers Dill & Pearman congratulates Joan Bolton on her call to the bar of the Cayman Islands, and her appointment as Senior Supervisor of Conyers Trust Company.

The Privy Council Exercises its Leverage to Dismiss the Appeal in: Al Sadik -v- Investcorp Bank BSC

On 18 June 2018, the long running case of Al Sadik -v- Investcorp Bank BSC and others reached its conclusion in the Privy Council.

Cayman Islands AEOI Portal Update - 2018

The statutory deadline for filing CRS and US FATCA reports for the 2017 year of account was 31 May 2018. Notwithstanding this statutory deadline, the Department for International Tax Cooperation (the “DITC”) has issued an industry advisory.

Bermuda’s New Privacy Legislation: Are You Prepared?

Bermuda has introduced the Personal Information Protection Act, 2016 (“PIPA”) to regulate the use of personal information by organisations.

Long Live Bermuda Trusts – Dis-applying the Rule Against Perpetuities

Bermuda’s Chief Justice (Kawaley CJ) has provided additional guidance under the Bermuda Perpetuities and Accumulations Amendment Act, 2015 (the “2015 Act”)

The Cayman Islands Welcomes Third Party Litigation Funders

Third party litigation funders, once seen as “strangers to litigation”, have recently been welcomed with open arms by the Grand Court.

Limited Partnership Act (British Virgin Islands) Enacted

We are pleased to announce the enactment of the new Limited Partnership Act (British Virgin Islands) (“LPA”). The LPA represents the culmination of the efforts of fourteen (14) lawyers from eight (8) British Virgin Islands law firms to create a state of the art limited partnership act.

The Grand Court Follows the Usual Course in an Unusual Liquidation

In the matter of Pacific Harbor Asia Fund I, Ltd (In Official Liquidation) (the “Company”) the Grand Court appointed joint official liquidators (“JOL”) from different firms due to the differing opinions of various stakeholders as to the identity of the liquidators.

There is a Right to Privacy – Even in the Offshore World

The Supreme Court of Bermuda (Kawaley CJ) handed down a decision revisiting the existing practice of hearing applications to restructure Bermuda law trusts in private when appropriate.

Privy Council Clarifies the Old Law (1989-2011 position) Regarding Section 37 Redemptions

In late 2008, RMF Market Neutral Strategies (Master) Limited (“RMF”) sought to cash in its investments in DD Growth Premium 2X Fund (In Official Liquidation) (the “Company”), a feeder fund incorporated in the Cayman Islands, by exercising its right to have its shares in the Company redeemed.

Conyers Elects New Chairman

Conyers Dill & Pearman is pleased to announce that Christian Luthi has been elected as Chairman of the firm, effective 20 November 2017. He will succeed Narinder Hargun and David Lamb who have been Co-Chairmen since 2012.

The Foundation Companies Law

Conyers Dill & Pearman (“Conyers”) has successfully incorporated The Conyers Dill & Pearman Foundation, being one of the first Cayman Foundation Companies to be established and incorporated under the Foundation Companies Law (“the Law”), which came into force on 18 October 2017.

Cayman Islands Regulatory Update

The Cayman Islands has recently seen the passing of a number of laws to improve the Island’s regulatory framework in support of the international financial system’s integrity.

Conyers advises Sky Aviation on its US$780.8 million aircraft securitization

Conyers acted as Bermuda counsel to Sky Aviation Leasing International Limited (“Sky”), as servicer and S-JETS 2017-1 Limited (“S-JETS”) a Bermuda company, as issuer in connection with Sky’s US$780.8 million debut asset‐backed securities (ABS) deal.

A Matter of Class: Determining Creditor Classes in a Scheme of Arrangement

When a scheme of arrangement involving compromise or arrangement is proposed between a company and its creditors under Section 86 of the Companies Law, the Court will consider whether it is appropriate to convene one or more meetings of creditors.

Conyers Maintains Band 1 Ranking for Offshore Trusts

Conyers Dill & Pearman’s Bermuda and Cayman Islands Private Client & Trust practices have retained Band 1 ranking in Chambers & Partners’ High Net Worth Guide. Conyers remains the only offshore firm ranked Band 1 in both regions.