Services

As part of its measures to support the local and international financial services industry during the COVID-19 pandemic, the Cayman Islands (“Cayman”) Government has deferred the deadline for payment of annual return fees for all corporate entities and exem...

In March 2020 the BVI Commercial Court ("BVI Court") handed down the first written judgment on the subject of overseas applicants asking for third party disclosure orders ("Norwich Pharmacal" orders) against entities doing business in the Territory of the V...

Bedell Cristin in Jersey has facilitated its first swearing of a virtual affidavit, executed via video conferencing to honour the government’s social distancing guidelines, in accordance with the Affidavits (Advocates and Solicitors) (Jersey) Law 1992.

The Cayman Islands (“Cayman”) Ministry of Financial Services (“Ministry”) has issued an Industry Advisory (“IA”) to address matters as part of its business continuity plans in the face of the coronavirus (“Covid-19”) pandemic.

In addition to advising a number of our clients on how to deal with the impact of the coronavirus we've been amending our working practices to protect the health, safety and welfare of our employees and other people who come into contact with our business, ...

Bedell Cristin has been shortlisted for the International Law Firm of the Year in the Citywealth Magic Circle Awards 2020.

Revenue Jersey has issued guidance with regards to the implications of Coronavirus for Economic Substance determinations and the impact on tax residence of companies.

The confirmation of cases of Covid-19 in the Channel Islands has forced employers to consider their existing employment policies and, in some cases, implement dedicated ‘Coronavirus policies’, according to Bedell Cristin.

In an exciting first year, the Royal Court’s examination of this developing area of law has been useful for international estate planning and reassuring to practitioners, says Donna Withers, Head of Probate and Wills, Bedell Cristin.

Alasdair Davidson, Partner from Bedell Cristin's Guernsey office will be speaking on Litigation and exotic assets: Cars, carats, cabernet, crypto and cannabis stocks during a panel discussion at the Trusts & Estates Litigation Forum in Marrakech on Wednesda...

The Court of Appeal of England and Wales (“EWCA”) recently ruled in the case of Philip Barton v Timothy Gwyn-Jones and others, involving an agent and a seller who had agreed terms for the payment of a commission fee upon the sale of a property at a specifie...

As the English High Court describes, in the context of proprietary injunctions, the Legal Statement of the UK Jurisdiction Task Force (UKJT) on cryptoassets and smart contracts to be "an accurate statement as to the position under English Law", the Cayman c...

Edward Bennett, partner at Bedell Cristin's Jersey office, received the inaugural award for most commendations on Citywealth’s Leaders List at its International Financial Centre (IFC) Awards 2020.

Bedell Cristin has advised Inflexion Private Equity on the acquisition of Estera, a leading global provider of funds, corporate and trust services, from previous owner Bridgepoint.

Bedell Cristin has acted on behalf of The Little Sisters of the Poor in relation to the sale of its Jersey care home, Jeanne Jugan Residence. The sale of the home, which has been operated in Jersey for over 130 years, represented a highly complex transactio...

Richard Le Liard and Bruce Scott will be attending the Jersey Finance Funds Masterclass at the Sofitel St James in London on Thursday 6 February 2020.

In a decision of interest to shareholders and companies alike, the highest appeal court (“JCPC”) for Cayman Islands (“Cayman”) cases has delivered a judgment on how the Cayman Grand Court (“Court”) should determine the “fair value” of shares (stocks) when a...

Bedell Cristin is once again proud to be sponsoring the ConTrA Trusts in Litigation conference which takes place 6-7 February in Helsinki, Finland. Jasmin Davies, Senior Associate and Sonia Shah, Associate from Bedell Cristin's Guernsey and Jersey offices a...

Today 28 January is International Data Privacy Day (also known as Data Protection Day). The purpose of Data Privacy Day is to raise awareness and promote privacy and data protection best practices.

Advocate Edward Drummond, assisted by Sonia Minns and Victoria Ramos, recently acted for the Little Sisters of the Poor in their successful defence of claims brought by a former employee for constructive, unfair and wrongful dismissal at a trial in the Jers...

Tim Pearce, global managing partner of Bedell Cristin, has been named in the 2020 eprivateclient 50 Most Influential list. The list is a definitive ranking of key players in the UK and its Crown Dependencies’ private client practitioner sector.

The Judicial Committee of the Privy Council (“Privy Council”) in London, which is the highest appeal court for many Caribbean jurisdictions, decided three appeals in 2019 that are of keen interest to the insolvency community.

A book on the Security Interests (Jersey) Law 2012 (the "Security Law") is due to be published in January 2020. The author of the book is Mark Dunlop.

Nancy Chien, partner at Bedell Cristin in Jersey, has been named in Citywealth's International Powerwomen Top 100 list. The list recognises women who are influential players within the international wealth management community.

The Citywealth IFC Awards were established to highlight the excellence of the advisers and managers in the private wealth sector in the major international financial centres.

Leading offshore law firm, Bedell Cristin, has advised energy technology company, Arq, on its latest fund raise of over $60 million from existing shareholders.

The Cayman Islands Ombudsman has issued new Guidance on Monetary Penalty Orders v1.0 under the Cayman Data Protection Law 2017.

The authors and editors of Jersey Insolvency and Asset Tracking have announced that the fifth edition of the publication, which is over 500 pages long, is now available online.

Tim Wright from Bedell Cristin's BVI office and Tom Wright and Jamie McGee from the Cayman office are attending the American Bankruptcy Institute's (ABI) Cross-Border Insolvency Program on 7 November 2019.

On 17 October the Dubai International Finance Centre (DIFC) issued a consultation paper proposing amendments to its employment laws. The amendments will replace the current defined benefit end-of-service gratuity payment regime.

The English High Court ("Court") has found that an arbitrator could consider a letter containing an offer of settlement but not expressly marked "Without prejudice" on the subject of costs.

Bedell Cristin is sponsoring STEP LatAm, which takes place 17-18 October in São Paulo, Brazil. Andrew Miller and Daniel Altneu from the Bedell Cristin Cayman office are attending the conference.

As of 1 October 2019 lists of names of the current directors and alternate directors of a company ("Company") incorporated in the Cayman Islands ("Cayman") and of the current managers of a Cayman limited liability company ("LLC") will be available on request.

Dylan Latimer has joined Bedell Cristin as partner in its Guernsey office, further expanding the firm’s presence and expertise on the island.

Bedell Cristin advises Jacobs Engineering Group on its purchase of Wood Group's nuclear business.

A second international bank in Jersey has been fined for the offence of intermeddling under the Probate (Jersey) Law 1998 (the "Probate Law").

In August 2019, the Commercial Court in London ("Commercial Court") granted an asset preservation order ("APO") over Bitcoin.

Bedell Cristin lawyers, Simon Morris and Sukhvinder Chana, have been promoted to managing associates in the global financial services law practice.

Founded by George Bedell in 1939, Bedell Cristin is celebrating 80 years as a successful law firm.

Bedell Cristin is delighted to sponsor the STA Conference which takes place at the Marina Bay Sands Expo and Convention Centre in Singapore on 27 September 2019.

Lisa Walmisley has joined Bedell Cristin’s British Virgin Islands (BVI) office as Counsel to bolster the firm’s litigation and dispute resolution practice.

2,870 retail stores have closed in the UK in the first half of 2019, and the British Retail Consortium has estimated that 900,000 retail jobs could be lost by the end of 2025.

Bedell Cristin partners Alasdair Davidson, Zillah Howard and Andrew Miller have been nominated by the private client community as ‘Global Elite’ individuals and included in Legal Week’s Private Client Global Elite directory.

Bedell Cristin has appointed three new partners in its Jersey office through the promotions of Richard Le Liard and Jeff O’Boyle and the appointment of Advocate Sara Johns.

Advocate Jasmin Davies, senior associate at Bedell Cristin in Guernsey, has been recognised as one of the top 35 private client practitioners under the age of 35 in the UK by eprivateclient.

Martin Paul, Tom Davies and Richard Le Liard will be attending the Jersey Funds Conference at the Royal Lancaster Hotel, Lancaster Gate, London on Tuesday 10 September 2019.

Jasmin Davies, senior associate at Bedell Cristin, has been called to the Guernsey Bar following the completion of her advocacy exams.

Leading offshore law firm, Bedell Cristin, has appointed Tim Pearce as its global managing partner from 1 September 2019, succeeding David Cadin.

We are delighted to be a sponsor at the Guernsey Champagne Reception which takes place at the Hotel Hermitage in Monte-Carlo on 10 September.

Bedell Cristin has advised Inflexion Private Equity on the acquisition of Estera, a leading global provider of funds, corporate and trust services, from Bridgepoint. Completion of the transaction is subject to regulatory approval.

Two new pieces of Cayman Islands ("Cayman") legislation have introduced important new obligations for trustees of Cayman trusts and Cayman trust companies. There are new obligations on trustees to keep records on those connected with the trust (including se...

The new Cayman Islands ('Cayman') Securities Investment Business (Amendment) Law, 2019 (‘Law’) ('SIBL') has passed, amending the ('SIBL') Securities Investment Business Law (2019 Revision).

The Cayman Islands Monetary Authority ('CIMA') has issued Notices under Regulation 53A of the Anti-Money Laundering (Amendment) Regulations, 2019 ('Regulations') that all persons currently registered as 'Excluded Persons' under the Cayman Islands ('Cayman'...

In a move which further emphasises that Jersey is 'open for business' for Sharia investment and financing structures, the tax authorities in Jersey have issued a Statement of Practice providing tax certainty for typical Sharia compliant financing structures.

The Privy Council has published its decision in an appeal as to whether redemption payments made by an insolvent company ("Weavering") were preferences over other creditors of the company. Bedell Cristin acted in the case.

Bedell Cristin has been shortlisted six times in five categories of Citywealth’s International Finance Centre (IFC) Awards 2020.

At the risk of stating the obvious, Jersey is a small jurisdiction, with a limited judiciary, and relatively few cases coming to trial. One might have hoped and expected that the opportunity and inclination for judicial disagreements was rather limited. H...

Jasmin Semlitsch, senior associate at Bedell Cristin in Guernsey, and Sonia Shah, associate in Jersey, have been shortlisted for Citywealth’s Future Leaders Awards 2019. Both lawyers were also named in the Citywealth Future Leaders Top 100 list this year.

The States of Guernsey has launched a 12 week consultation period for the proposed new discrimination legislation.

The Law Commission of England and Wales has just produced a report on suspicious activity reports ("SARs") filed under the anti-money laundering regime.

Bedell Cristin has acted as counsel to Monument Re on its acquisition of Nordben Life and Pension Insurance from BenCo Insurance Holding, following receipt of regulatory approval from the Guernsey Financial Services Commission.

Following the merger of Solomon Harris and Bedell Cristin in October of last year, Solomon Harris will officially be changing its name to Bedell Cristin on 2 July 2019.

Leading offshore law firm Bedell Cristin has advised RBS International in connection with finance made available to the Channel Islands Property Fund Limited.

Richard Sharp, partner and Mark Helyar, of counsel will be attending ILS Insight conference hosted by Guernsey Finance in Zurich during the afternoon of Thursday 4 July 2019.

Tim Wright has joined Bedell Cristin’s British Virgin Islands (BVI) office as partner and head of its litigation and dispute resolution practice.

Bedell Cristin managing partner, David Cadin, has been elected Bâtonnier by the Advocates of the Jersey Bar for a third term.

Bedell Cristin has won the Best Digital Marketing campaign award at the annual Citywealth Brand Management and Reputation Awards for its Valentine’s-themed GDPR email requesting recipients to ‘opt-in’ to the firm’s updates.

On 19 June the governments of Guernsey, Jersey and the Isle of Man have issued a joint statement of their commitments to align themselves with the principles as set out by the EU’s Fifth Anti Money Laundering Directive and move towards a public register of...

Bedell Cristin has been named as a finalist in two categories of the Society for Trust and Estate Practitioners (STEP) Private Client Awards 2019.

The Guernsey Financial Services Commission has released important guidance for private trust companies and licensed fiduciaries who administer them. The clarity and simplicity of licensing exemptions will be welcomed news for local industry and those lookin...

Bedell Cristin Cayman Partnership (formerly Solomon Harris) has appointed Jonathan Fitzgibbons as a partner in the corporate, insurance and funds team in the Cayman Islands.

The new Cayman Islands Trusts (Amendment) Law 2019 will bring welcome amendments to enhance the existing Cayman regime under the Trusts Law (2018 Revision) (‘Trusts Law’). It has been passed and will come into force on 14 June 2019.

With the Cayman Islands maintaining its position as the offshore jurisdiction of choice for lending and security structures, it comes as no surprise that there continues to be a great deal of interest in how receivers appointed either by foreign courts or u...

In late 2016, and in the light of the controversies relating to the Panama and Paradise Papers, a joint Task Force on The Role of Lawyers and International Commercial Structures was established by the Secretariat of the Organisation for Economic Co-operatio...

The Royal Court has now imposed comprehensive directions to deal with an insolvent trust in the latest Z Trust case: [2019] JRC 069. These were based on those proposed by Bedell Cristin and approved by the Court in the Hickman insolvent estate case back in ...

Jasmin Semlitsch, senior associate at Bedell Cristin in Guernsey, and Sonia Shah, associate in Jersey, have been named in eprivateclient’s Top 35 Under 35 Channel Islands list.

As the liquidators of Quadriga CX struggle to be the bearers of welcome news, another cryptocurrency exchange has formally entered into liquidation, and that liquidation has been recognized in the courts of the United States.

A different type of racing is taking to the motocross track at Pleinmont during the summer months. Distance.gg has teamed up with law firm, Bedell Cristin, to stage a series of four 5k running races over the taxing track at La Trigale.

The guidance notes on Jersey's international savings plans ("ISPs"), which were published by the Comptroller of Taxes on 22 May 2019 provide further details on how such plans should be established and operated. Because the ISPs are intended to be flexible,...

The Judicial Committee of the Privy Council (the ‘Privy Council’) delivered its decision in the latest round of Madoff litigation on 20 May 2019. It is the highest court of appeal for the British Virgin Islands (‘BVI’) and it found that BVI insolvency legis...

On 22 May 2019 the Taxes Office in Jersey released guidance notes on a new savings vehicle called the International Saving Plan ("ISP").

The AirBNB concept is relatively simple: AirBNB connects people with a short-term and often informal accommodation requirement with those willing to offer it to them. Where previously travellers would check into a hotel, bed and breakfast or similar, they c...

A creative solution by Advocate Edward Drummond, recently appointed as amicus curiae to assist the Jersey Court, resolved 20 years of trustee directions in The matter of the Banayou Trust [2019] JRC 078.

Kate Ovenden and Richard Sharp will be attending the 10th annual Guernsey Funds Forum at 155 Bishopsgate, London on Thursday 16 May 2019.

Bedell Cristin partner, Nancy Chien, has been included in Citywealth's 'Top 20 professionals in Jersey' list.

Rent prices are increasing year on year. The latest figures from Jersey's housing price index show that, in the second quarter of 2018, rent prices increased by 10 per cent compared with the first quarter of the year.

Two indictments filed in the Southern District of New York Court have resulted in the arrests of the both the founder of Abraaj Investment Management, Arif Naqvi, and the former Managing Partner of the Abraaj Group, Mustapha Abdel-Wadood.

If passed into law in its current form, The Monetary Authority (Amendment) Bill, 2019 (‘Bill’) published in the Cayman Islands (‘Cayman’) Gazette, will amend the Monetary Authority Law (2018 Revision) (‘MAL’) to clarify the definition of ‘money laundering r...

Bedell Cristin Partner Edward Drummond is co-hosting a panel session, 'Trust litigation in the offshore world: the London connection', at London International Disputes Week (LIDW) 2019.

As a tenant of commercial premises, you hope that it will never happen to you, but what are your rights and obligations if your premises have been damaged or destroyed by fire, flood or another insured risk?

Donna Withers, Head of Wills & Probate writes about how Jersey's new mental capacity law further protects vulnerable clients in this month's STEP Journal.

Bedell Cristin has strengthened its team in Guernsey with four new appointments.

Bedell Cristin has strengthened its corporate and finance teams in Jersey with three new appointments.

With the Cayman Islands already the leading jurisdiction for the formation of international investment and financial structures, it comes as no surprise that the jurisdiction has achieved pre-eminence in the establishment of companies undertaking initial co...

On 2 April 2019 the Cayman Islands ('Cayman') Data Protection Regulations, 2018 ('Regulations') were published in the Gazette, together with a Commencement Order setting a date of 30 September 2019 for the Data Protection Law, 2017 ('Law') to come into forc...

The Non-Profit Organisations (Amendment) Law, 2018 comes into force in the Cayman Islands on 1 April 2019. It clarifies which Non-Profit Organisations fall within or outside the law. If you are now within the scope of the law and have not been registered th...

The property market in the Channel Islands has remained remarkably buoyant throughout the recent global recession and resulting economic turbulence. Jersey remains a popular investment location for landlords who benefit from a less prescriptive statutory fr...

A decision of the Ontario Superior Court has considered what remedy might be appropriate where a trustee has made significant breaches of trust through an innocent lack of understanding.

The Caribbean Financial Action Task Force recently published its Fourth Round Mutual Evaluation Report on the Cayman Islands). It assesses Cayman’s progress towards adoption of ever improving international regulations on matters such as anti-money launderin...

Bedell Cristin is supporting the Jersey Alzheimer’s Association’s (JAA) latest fundraising initiative; a Memory Walk on Sunday 14 April. The walk will begin at La Fregate and end at St Aubin covering around 5km across the coast. Families, groups and indi...

A Special Notice published by the Cayman Islands Department of Commerce and Investment (‘DCI’) informs Real Estate Agents and Property Developers that under the Anti-Money Laundering (Designated Non-Financial Business and Professions) (Amendment) (No.2) Reg...

The Cayman Islands Grand Court has given important guidance on when a Limited Partner of a Cayman registered Exempted Limited Partnership ('ELP') can insist that a General Partner (‘GP’) provides them with “true and full information” on the financial state ...

Bedell Cristin has promoted Ann Halliday to the newly created counsel role in its Guernsey office. She is the first person at the firm to be promoted to this position.

The Formal Validity of Wills (Persons Dying Abroad) Law 2018 (‘Law’) came into force in the Cayman Islands (‘Cayman’) on 1 February 2019.

This masterclass will navigate you through the entire process from initial application through to the much-feared planning tribunal.

On 12 March 2019, the European Commission (‘EC’) published its latest list of non-cooperative tax jurisdictions, adding ten jurisdictions to the five already on its list.

Three lawyers from the real estate team of Solomon Harris, now part of Bedell Cristin, will speak at the Royal Institution of Chartered Surveyors (RICS) 2019 Cayman Islands Property and Construction Conference on Friday 15 March.

Both Jersey and Guernsey fulfilled commitments made in 2017 to introduce substance measures to meet European expectations on fairness of taxation by the end of 2018 and have now been formally confirmed as 'cooperative jurisdictions'.

The use of heavy machinery used in cutting hedges is killing species and destroying biodiversity, therefore campaigners have lobbied to have the law changed.

We have advised The Royal Bank of Scotland International Limited in relation to real estate finance facilities made available to Ravenscroft Private Investment Fund Limited.

Bedell Cristin partner, Nancy Chien, presented at Jersey Finance's breakfast briefing today on International Savings Plans (ISPs). The topic attracted a great deal of interest from Jersey's finance community, and the seminar was attended by around 320 people.

If you are a tenant of commercial premises there may be a point where circumstances change and you want to move out. Whether your business has simply out-grown its current premises or the business is not performing as you had hoped, your options are essent...

In Re Fountain Street Development Limited, the Royal Court ordered individual directors, and not the company, to pay the legal costs of a shareholder led winding-up application that was sought on "just and equitable" grounds.

When can I appeal a decision?

The Cayman Islands (‘Cayman’) Grand Court (‘Court’) recently blessed the Final Distribution Proposal (‘Proposal’) of a trustee (‘Trustee’) of a family trust (‘Trust’) which benefited two sisters and their brother. The Court was in no doubt that the Trustee ...

Andrew Miller has joined Solomon Harris, part of Bedell Cristin, in the Cayman Islands as partner and head of Cayman’s International Private Client practice.

We will once again be attending MIPIM, the world's premier real estate event at the Palais des Festivals, Cannes from 12-15 March 2019.

In a Notice dated 25 January 2019, the Cayman Islands Monetary Authority reminds entities registered under the Cayman Islands Securities Investment Business Law (2015 Revision) of their Anti-Money Laundering Countering the Financing of Terrorism responsibil...

A decision from the Ontario Superior Court (‘OSC’) provides a useful summary of the common law ‘red flags’ which help creditors and insolvency practitioners identify when a bankrupt’s assets are held in a sham trust. Of interest was the expert evidence show...

The Jersey Financial Services Commission has published a consultation on extending its decision making process to include the imposition of civil penalties on principal persons.

Nancy Chien will be speaking at Jersey Finance’s breakfast briefing on International Savings Plans (ISPs) on 5 March at The Royal Yacht Hotel. As chairman of the Jersey Pensions Association, Nancy has been instrumental in lobbying for and shaping the ISP sc...

Jersey’s housing issues have been a continuing topic of discussion in recent years. However, the housing-needs survey published in late January brought the subject to the fore as it estimated that 7,000 new homes would be needed by 2030 (including 1,100 fir...

Bedell Cristin has been shortlisted for Offshore Law Firm of the Year at the WealthBriefing European Awards 2019.

Bedell Cristin has become the new official community and travel partner for Guernsey FC, furthering the law firm’s commitment to supporting the Green Lions.

The UK’s departure from the EU continues to monopolise both media headlines and parliament time, and yet the implications of Brexit remain notoriously unpredictable. In the meantime, a trial has been making its way through the English courts which has the p...

Bedell Cristin acted for a major institutional investor (in partnership with Greystar Europe) in the acquisition of a 26.5 acre site in Greenford, West London.

Jon Barclay, Partner, will be speaking at the Anti-Financial Crime Symposium (ACAMS) in Limassol, Cyprus on 7 February 2019.

Whether there is an orderly Brexit or a no-deal Brexit, from 29 March 2019 the UK will become, in GDPR terms, a 'third country'.

Bedell Cristin has won Law Firm of the Year – Jersey at the annual Citywealth International Finance Centre (IFC) Awards held in London on 23 January.

The States of Jersey has issued a consultation paper on proposed regulation of pensions business ("Consultation Paper"). This is a much welcomed consultation: the responses to the consultation will be important to the continuing development of the Island's...

The Cayman Islands (‘Cayman’) International Tax Co-operation (Economic Substance) Law, 2018 (‘Law’) and International Tax Co-operation (Economic Substance) (Prescribed Dates) Regulations, 2018 (‘Regulations’) came into force on 1 January 2019. Official Gui...

Jersey has introduced a new savings vehicle called the International Savings Plan ("ISP") which will attract more multinational employers on to the Island. ISPs will offer more flexibility to employers than traditional pensions or share plans.

Donna Withers, head of wills & probate at Bedell Cristin, to speak at STEP event on 'The New Capacity Law in Jersey - opportunities, responsibilities and when it all goes wrong'. The presentation will be held at the Pomme d'Or Hotel, Jersey on 17 January ...

As expected, the Cayman Islands International Tax Co-operation (Economic Substance) Law, 2018 came into force on 1 January 2019.

The Stamp Duty (Amendment) Law, 2018 (‘Law’) came into effect on 19 December 2018 introducing Stamp Duty on ‘Linked Property Transactions’ from 31 December 2019.

In a significant alteration to draft legislation, the Cayman Islands Stamp Duty (Amendment) Law 2018 (‘Law') allows developers with planning permission in place by 30 June 2019 to have a year to take advantage of the pre-existing regime for stamp duty on ‘l...

There has been a landslide shift in Jersey over the past five years in landlords’ obligations towards their tenants. The States have stepped in to regulate what had previously been perceived to be a sector that was open to abuse.

Partner Edward Bennett has been named on eprivateclient’s 50 Most Influential list, an annual initiative which identifies and recognises those at the pinnacle of their profession.

The Cayman Islands Legislative Assembly is scheduled to debate The International Tax Co-operation (Economic Substance) Bill, 2018 in December 2018.

Solomon Harris, now part of Bedell Cristin, has supported "Cayman 27's Christmas for Kids" for several years and is delighted to continue this in 2018.

The Cayman Islands Monetary Authority (‘CIMA’) has published its 2018 Edition of its Regulatory Handbook and its Appendices, as well as the latest editions of and amendments to guidance notes and Rules.

For the first time, the Court of Appeal ("CA") has considered the rectification of trusts in Jersey and expanded the long-standing three stage test with a new seven stage test in B and C v Virtue Trustees (Switzerland) AG and Ors re The C Trust [2018]JCA219...

Legal 500 has released its 2019 Caribbean Guide, and partners Laura Hatfield and Ian Jamieson have been named as leading individuals.

This week the States of Jersey has approved a new International Savings Plan (ISP) regime. Nancy Chien (Bedell Cristin partner and chairman of the Jersey Pensions Association) has been instrumental in shaping the new legislation and explains the benefits o...

In time to help fund Anti-Money Laundering Officers meet the 31 December 2018 deadline for regulated funds to notify the Cayman Islands Monetary Authority of their appointment of AML Officers, CIMA has published answers to Frequently Asked Questions on matt...

Solomon Harris, part of Bedell Cristin, is pleased to sponsor the four-person relay teams taking part in the Cayman Marathon this Sunday, 2 December. The relay race includes categories for open male, open female, open mixed and corporate division. The race ...

At a business briefing on 14 November 2018, representatives of the Cayman Islands Government stated that the Cayman Islands Data Protection Law 2018 would not come in to force in January 2019, as previously advised, but would be delayed until September 2019.

The Cayman Islands (‘Cayman’) Government (‘CIG’) has issued an Industry Advisory that the Organisation for Economic Co-operation and Development (‘OECD’) has confirmed that it had extended the ‘substantial activities’ requirement to ‘no or only nominal tax’...

A quiz and Indonesian curry evening organised by law firm Bedell Cristin raised money for the Bukit Lawang Trust.

Bedell Cristin has appointed Catherine Cadman as head of knowledge to lead its knowledge strategy.

Nick Reid, Richard Addlestone and Richard Sharp from recently merged law firms Solomon Harris and Bedell Cristin will be attending the Cayman Captive Forum at the Ritz Carlton, Grand Cayman from 27-29 November 2018.

Bedell Cristin senior associate in Singapore, Craig Paynter, has qualified as a Trust and Estate Practitioner and been admitted as a full member of the Society of Trust and Estate Practitioners (STEP).

For the first time, a financial institution in Jersey has been sentenced in the Royal Court for the offence of intermeddling under the Probate (Jersey) Law 1998 ("the Probate Law"). This article explains the lessons to be learnt.

Bringing you a brief explanation of sanctions, how Jersey currently deals with them and the reasoning behind a proposed new Jersey Sanctions Law. If you need further advice or help on anything mentioned, please do not hesitate to get in touch with us.

Bedell Cristin partner, Nancy Chien, to speak at STEP Arabia and then to attend STEP Asia with colleagues Kristian Wilson and Craig Paynter.

Bedell Cristin has won Contentious Trusts and Estates Team of the Year (midsize firm) at the STEP Private Client Awards, held in London on 7 November.

The Cayman Islands Government has good news for those Caymanians looking to buy their first homes in the Cayman Islands.

As we approach the 70th anniversary of the Universal Declaration of Human Rights ("UDHR"), Tom Harris explains the current situation in and future plans of Jersey regarding the various United Nations ("UN") human rights treaties.

A recent dispute highlights the benefit of adopting alternative enforcement routes against company directors.

At the beginning of October 2018 the European Securities Management Authority (‘ESMA’) published several new Question and Answer (‘Q&A’) documents which will be of interest to those in the funds industry.

Is it time to check if your sole recourse and exclusive jurisdiction clauses cover non-parties?

The partners of Bedell Cristin have successfully completed their merger with long established Cayman based law firm, Solomon Harris.

Promotions have been made at Bedell Cristin to recognise the firm’s expertise across a number of practice areas in its Jersey and London offices.

The Cayman Islands Monetary Authority (‘CIMA’) has published a new Regulatory Policy - Licensing Mutual Fund Administrators which sets out the criteria CIMA will apply in licensing mutual fund administrators.

Before the new Cayman Islands Beneficial Ownership Register went live, the Cayman Islands Government completed a security enhancement and had the air-gapped platform independently evaluated to check for any deficiencies. The result was circulated in an Indu...

In a hearing of four Preliminary Issues in the Cayman Islands (‘Cayman’) Grand Court (‘Court’) it was decided that a former director of Tangerine Asset Management Ltd (‘TAM’) was able to rely on indemnity provisions in TAM’s Articles of Association (‘Articl...

Bedell Cristin Guernsey has acted again as lead adviser to EV Private Equity, an independent growth equity firm focussing on new technologies in the oil and gas sector, on the launch of its latest Guernsey fund, EV Private Equity V Plus LP, a Guernsey priva...

A new piece of legislation introducing lasting powers of attorney ("LPAs") to Jersey is a welcome addition to the Island’s legal framework.

The Jersey Financial Crime Strategy Group of the Government of Jersey has published a consultation paper entitled the "Implementation of the 2012 FATF Recommendations on Anti-Money Laundering and Countering the Financing of Terrorism - proposed revisions to...

A recent judgment in London provides a reminder to those seeking an ex parte worldwide freezing order ("WFO") that they must give full and frank disclosure when making the application. Failure to do so can be catastrophic and costly.

Edward Bennett, Partner and head of Bedell Cristin's International Private Client practice has worked in partnership with Jersey Finance to produce a private wealth thought leadership report named Flourishing Futures: Making Succession a Success.

Jasmin Semlitsch, a senior associate at Bedell Cristin, has been named on eprivateclient’s Top 35 Under 35.

Jersey law now has a statutory process which allows certain companies to be split into two or more companies thanks to the introduction of the Companies (Demerger) (Jersey) Regulations 2018. The regulations provide a useful alternative to a court-sanctioned...

We are once again attending EXPO Real, the International Trade Fair for Commercial Property and Investment taking place in Munich from 8-10 October 2018.

Bedell Cristin Senior Associate and Chair of the STEP Jersey Branch, Henry Wickham, is attending the STEP Global Congress, which takes place this year from the 13-14 September in Vancouver, Canada.

Bedell Cristin has appointed Guy Westmacott as a Partner two years after he joined the firm.

The Jersey Court of Appeal decision in the long-running Crociani litigation has now been published. Bedell Cristin act for the successful plaintiffs, Cristiana Crociani and her children, whose claims for breach of trust were all upheld.

Bedell Cristin Partner, Martin Paul, has been recognised in the inaugural Legal 500 'Hall of Fame'. This list highlights law firm partners who have received constant praise by their clients for continued excellence and recognises those who are at the pinnac...

Bedell Cristin has been named a finalist in two categories in this year’s STEP (Society of Trust & Estate Practitioners) Private Client awards 2018/19.

International Private Client lawyer, Henry Wickham, has been recognised in Legal Week's Private Client Global Elite 'Ones to Watch' 2018 list.

Guernsey Finance has summarised Mark Helyar's talk at the recent ILS conference in Zurich, which featured a panel session involving leading individuals from the ILS industry.

Two of our experienced private client lawyers, Alasdair Davidson and Zillah Howard, are included in the Private Client Global Elite list 2018.

Making a Will and keeping it up to date is something we all know we should do, and something that often gets postponed. Here we take a short look at why it’s important to keep your Will under review, the events which mean you should consider whether to chan...

Henry Wickham, a Senior Associate at Bedell Cristin, has been appointed Chair of the Jersey branch of STEP. STEP is the global professional association for practitioners who specialise in family inheritance and succession planning. STEP has over 20,000 memb...

The partners of Bedell Cristin have announced that they plan to merge with Cayman based law firm, Solomon Harris. It is hoped that the deal will complete by the end of August and Solomon Harris will rebrand as Bedell Cristin at a later date.

Bedell Cristin was delighted to sponsor the Guernsey Finance ILS Insights conference in Zurich last week. The event featured a panel session involving leading figures from the ILS industry, followed by a technical showcase.

By 31 July 2018 all Cayman Islands non-profit organisations which solicit contributions from the public need to register with the Registrar of Non-profit Organisations under the Non-profit Organisations Law, 2017.

Private client lawyers Nancy Chien and Henry Wickham have been shortlisted in the Citywealth Future Leaders Awards 2018.

On 14 June 2018, the Deputy Bailiff handed down an eagerly awaited judgment regarding the scope of a standard conveyancing provision, known informally as the "tout tel clause", confirming that the existence of the clause in a conveyance would not automatica...

Bedell Cristin partner, Zillah Howard, has been named 'Best in Trusts & Estates' in the Euromoney Legal Media Group's Europe Women in Business Law Awards 2018.

Lawyers from Bedell Cristin have advised Comcast Corporation on the Jersey regulatory aspects of its bid for Sky plc.

After a further trial in the Crociani matter, the Royal Court has ordered the defaulting trustees to pay a further $33m into the Grand Trust, in addition to the $100m already ordered.

AIJA, the International Association of Young Lawyers, is hosting its 2018 Family Office conference in Jersey. AIJA is the only global association devoted to lawyers and in-house counsel aged 45 and under. However, you do not need to be under age 45 nor a me...

Bedell Cristin's Mark Helyar will be speaking at the ILS Insight hosted by Guernsey Finance at the AURA Event Hall in Zurich during the afternoon of Thursday 5 July.

Bedell Cristin Senior Associate, Jasmin Semlitsch, has been named as one of the 2018 eprivateclient Top 35 Under 35s in the Channel Islands. This initiative is designed to identify, recognise, promote and introduce the islands' rising stars of the private c...

Bedell Cristin has bolstered its Guernsey team through the appointment of Richard Harrington as an Associate in the Litigation team and Jennifer Mills as Legal Assistant in Financial Services.

The Government of Jersey has agreed a series of amendments to be made to the Trusts (Jersey) Law 1984. These are contained within the Trusts (Amendment No.7) (Jersey) Law 2018 which will be brought into force on 8 June 2018.

UK legislative changes have caused a fundamental shift in the types of pension products that can be offered by International Finance Centres such as the Channel Islands. The Jersey Pensions Association has proposed an amendment to the Jersey law that will m...

AIJA will host a family office conference from 12-14 July 2018, open to AIJA members and non-members alike. The event is expected to attract attendees from across the UK and offshore jurisdictions; it is targeted at family offices, providers of family offi...

Partners, Robert Gardner and Alasdair Davidson, will be speaking at an international contentious trusts conference hosted by Boodle Hatfield, Charles Russell Speechlys, Clifford Chance, Forsters, Stephenson Harwood and Taylor Wessing.

With a month to go until GDPR becomes enforceable (25 May), businesses are rushing to get their houses in order, even more so in light of the recent Facebook-Cambridge Analytica scandal. Under the current data protection regime, Facebook should expect to pa...

Alasdair Davidson and Robert Gardner will be attending INSOL New York which takes places at the Grand Hyatt Hotel, New York from 29 April to 1 May 2018. They would welcome the opportunity to meet up should you or one of your colleagues also be attending - ...

A judgment, eagerly awaited by Jersey and Guernsey trustees, has been delivered by the Privy Council (on appeal from the Guernsey Court of Appeal) in a matter involving the Tchenguiz family trusts. Of most interest to trustees and their contractual counterp...

The last year has seen a considerable growth in the international and Cayman Islands (‘Cayman’) market for investments in virtual or ‘crypto’ currencies and Initial Coin Offerings (‘ICOs’). The Cayman Islands Monetary Authority (‘CIMA’) has issued a ‘Public...

Bedell Cristin has advised MayAir Group plc on all Jersey law matters (corporate and litigation) in relation to the £50,000,000 acquisition of MayAir Group plc by Poly Glorious Investment Company Limited.

On 5 April, the Jersey Financial Services Commission ("JFSC") and the States of Jersey released a joint consultation paper (the "Consultation Paper") to provide a regulatory framework for the advice given when benefits are transferred out from defined benef...

Addleshaw Goddard, together with Bedell Cristin, advise UPP Group (UPP) in connection with its conversion to a UK Real Estate Investment Trust (REIT) listed on The International Stock Exchange (TISE).

Bedell Cristin Partner, Alasdair Davison, is a speaker at the forthcoming international trust conference in Geneva. His presentation will focus on the high-profile court case of Crociani & O’rs vs Crociani & O’rs [2017] JRC146.

On 5 April 2018, the OECD released the Second Edition of the CRS Implementation Handbook. This helpfully contains an extensive section on the treatment of trusts in Chapter 6, which will hopefully provide some much needed guidance for practitioners where an...

Bedell Cristin has been shortlisted in two categories in the Citywealth Brand Management and Reputation Awards 2018. Best Digital Marketing / Social Media Campaign and Rebecca Stannard for Marketing / BD Director of the Year.

Bedell Cristin is once again an exhibiting sponsor at the Guernsey Funds Forum which takes place at Etc.Venues, 155 Bishopsgate, London EC2M 3YD on Thursday 17 May 2018 from 12pm.

Bedell Cristin has been included in the short list for International Law Firm of the Year - non UK at the Citywealth Magic Circle Awards 2018.

The Government of Jersey has agreed a series of amendments to be made to the Trusts (Jersey) Law 1984. These are contained within the draft Trusts (Amendment No.7) (Jersey) Law 201- and are expected to be brought into force during 2018, subject to Privy Co...

Bedell Cristin has appointed Craig Paynter as a senior associate in the firm's Singapore office. Craig is an experienced private client and corporate lawyer and joins Bedell Cristin from Gowling WLG where he was the principal associate in the Singapore pri...

Managing Partner, David Cadin, will speak at the SARs half day forum at the Jersey International Business School on Tuesday 27 March. This event aims to give a non-legalistic, comprehensive breakdown of the legislation by focusing on common problems facing ...

Bedell Channel Islands Limited recently assisted Crown UK Holdco Limited, a subsidiary of Cineworld Group Plc, and their English advisers Slaughter and May in connection with Crown UK Holdco Limited's listing of approximately US$4bn loan notes on the Offici...

Bedell Cristin has enhanced its management structure and appointed two Senior Associates, Guy Westmacott in Jersey and Lee Osborne in Guernsey, to a newly created role of Managing Associate.

Bedell Cristin’s litigation team successfully argued for protection for innocent third parties in the context of pre and post-judgment disclosure orders before the Jersey Royal Court in two recent cases.

With effect from 1 May 2018, it will be possible to register a charity in Jersey.

The States of Jersey have published their report on the Jersey House Price Index for the fourth quarter of 2017.

Bedell Cristin’s London based team has advised Rasmala Investment Bank Ltd on all Jersey law matters in relation to the acquisition of $40m of logistics centres (let to a subsidiary of sports goods retailer Decathlon) located in Dortmund, Germany.

Bedell Cristin has appointed Shuvra Deb as its new Senior Associate to its growing litigation team in Guernsey.

Bedell Cristin’s London based team has advised Gulf Islamic Investments (GII), a UAE based Islamic financial services company, and Rasmala Investment Bank Ltd (Rasmala) on a joint venture acquisition of a property in Dortmund, Germany.

On 16 February 2018 in Re the Achilles Trust, the Royal Court granted - for the first time - an order setting aside a transaction made by a trustee of a Guernsey trust on the grounds of what has become known as the rule in Hastings-Bass - a jurisdiction int...

The States of Jersey have passed a law to make major changes to the registration of mortgages (known locally as hypothecs) in Jersey.

Bedell Cristin has advised Ocorian, a leading global financial services provider, on its definitive agreement to purchase Capco Trust Jersey Limited ("Capco"), an independent Jersey-based private client and corporate services business.

The practice of restricting the availability of housing to tenants with children could soon be outlawed under new proposals before the States of Jersey.

"Online fraud", "cyberattack" and "phishing" are just some of the buzz words making frequent headlines in the news and keeping business owners awake at night.

We are once again attending MIPIM, the world's premier real estate event in Cannes, from 13-16 March 2018.

Bedell Cristin Guernsey Partnership, working with English counsel Pinsent Masons LLP, has advised AM alpha Kapitalverwaltungsgesellschaft mbH in connection with the £87 million purchase of the Rylands Building, the 470,000 sq ft Grade II listed Debenhams de...

At the same event, Bedell Cristin was named runner up in the category 'Law Firm of the Year - Jersey'.

Bedell Cristin's regulatory law team spoke this morning at the Comsure GDPR surgery at the Pomme D'Or Hotel.

Bedell Cristin is working alongside Freshfields Bruckhaus Deringer LLP to advise PATRIZIA Immobilien AG on certain Jersey law aspects of its acquisition of Rockspring Property Holdings Limited.

This full-day event will focus on current challenges being faced by Mediterranean-based organisations and international finance centres as they seek to detect, prevent and disrupt financial crime in their regions. Against a backdrop of industry-wide demand ...

Bedell Cristin is making a bursary scheme available to Guernsey legal students for the first time. It is open to local candidates wishing to pursue a legal career in Guernsey.

Bedell Cristin has appointed Neil May to be its new Chief Operating Officer.

Bedell Cristin has promoted Charlotte Beddoe and Rebecca Stannard to strengthen its senior management team.

Donna Withers, Head of Wills & Probate at Bedell Cristin, has been invited to speak at two STEP Special Interest Spotlight sessions being held on 30 November 2017 at The Montcalm, London.

Jane Needham from Bedell Cristin was recently sworn in at Jersey's Royal Court.

Teams from Bedell Cristin's London and Jersey offices have advised WisdomTree Investments, Inc. in connection with its definitive agreement to acquire ETF Securities’ European exchange-traded commodity, currency and short-and-leveraged business, which inclu...

Bedell Cristin has bolstered its property team in Jersey through the appointment of Jeff O’Boyle as a Senior Associate and Priya Jobanputra as an Associate.

Bedell Cristin partners Zillah Howard and Nancy Chien are recognised on this list.

Bedell Cristin has been included in the shortlist for International Law Firm of the Year - non UK.

Bedell Cristin's leading commercial property team in Jersey has advised on the purchase of the new landmark Next Department Store. The store has recently been redeveloped, having previously formed part of De Gruchy's Department Store, which is a landmark Je...

Senior Associate at Bedell Cristin, Henry Wickham, has been recognised at the annual Citywealth Future Leaders Awards as the Gold Award winner in the ‘Lawyer of the Year IFC - Associate’ category for the second consecutive year.

Bedell Cristin has advised Leonard Green & Partners, L.P. ("LGP"), a leading US private equity investment firm, on its acquisition of intellectual property management and technology group, CPA Global.

Bedell Cristin partners Nancy Chien and Kristian Wilson are attending STEP Asia Conference in Singapore, 7 - 8 November 2017.

Leading offshore law firm Bedell Cristin has advised The Royal Bank of Scotland International Limited in connection with loan facilities made available to the Channel Islands Property Fund Limited.

David Cadin, Managing Partner and Zillah Howard, Partner have been named in the Autumn 2017 'Top 50 IFC editor's choice list' by Citywealth.

The effects of hurricanes Irma and Maria have caused devastation across the British Virgin Islands. While our staff are safe and well and the office has suffered minimal damage, it will be some weeks before we are fully operational in the region.

On 11 September the Royal Court handed down its judgment in Crociani & O'rs v Crociani & O'rs [2017] JRC146 in favour of the Plaintiffs, Cristiana Crociani and her minor daughters, following the trial, which ran from mid-January until early April 2017. The...

Bedell Cristin are once again exhibiting sponsors at the Guernsey Insurance Forum hosted by Guernsey Finance in London on 5 October 2017.

We would welcome the opportunity to meet with you or one of your colleagues.

Bedell Cristin are platinum sponsors at the INSOL International Channel Islands One Day Seminar taking place at the Duke of Richmond Hotel in St Peter Port, Guernsey on Wednesday 13 September, 2017.

The Guernsey office of Bedell Cristin has advised Artex Risk Services (Guernsey) Limited in connection with its role as settlement and collateral trustee to what is believed to be the first ever issue of ILS notes on a private blockchain. The ‘ILSBlockchai...

The Beneficial Ownership of Legal Persons (Guernsey) Law, 2017 (the "Law") came into force on 15 August 2017.

Bedell Cristin Jersey and Guernsey have been shortlisted for 'Law Firm of the Year' in the Citywealth IFC Awards 2018.

Bedell Cristin Partner, Lisa Springate, has been shortlisted in the ‘Woman of the Year, Leadership (Professional Services)’ category in the Citywealth Powerwomen Awards 2018.

On 2 August 2017 the Cayman Islands (‘Cayman’) Information Commissioner’s Office (‘ICO’) indicated that the Cayman Government’s Data Protection Law 2017 (‘the Law’) is expected to come into effect in January 2019 (see here).

There has been a great deal of activity across the Channel Islands because of the pending introduction of the European Union’s General Data Protection Regulation (GDPR).

Two of our experienced private client lawyers, Alasdair Davidson and Zillah Howard, are included in the re-launched Legal Week Private Global Elite.

Bedell Cristin is represented at the forthcoming ILS Insight forum hosted by Guernsey Finance in Zurich on 6th July.

Bedell Cristin has won an award in the Best Rebranding Campaign category in the Citywealth Brand Management and Reputation Awards, 2017.

Bedell Cristin is a finalist in two categories of the prestigious STEP Private Client Awards 2017/18.

Bedell Cristin and Equiom recently co-hosted a charity lunch raising just over £21,000 for Cancer Research UK.

A team from Bedell Cristin joined hundreds of runners on Clapham Common in London on Friday (9 June) to raise funds for LandAid, the property industry charity aiming to end youth homelessness.

Bedell Cristin has advised Regional REIT Limited ("Regional Reit"), the UK regional office and industrial property focused REIT managed by London and Scottish Investments and Toscafund Asset Management, on the acquisition of c £129m of UK regional office, i...

The Chief Minister's Department of the States of Jersey has released proposals to increase the cost to individuals and businesses of applying for work and housing permissions. New application fees have also been added.

Bedell Cristin has advised the Jersey-based majority shareholder of Virttu Biologics Limited (Virttu) on the sale of Virttu to TNK Therapeutics, Inc., a subsidiary of Sorrento Therapeutics, Inc (Sorrento).

Bedell Cristin partner Zillah Howard is the only lawyer from the Channel Islands shortlisted in the ‘best in trusts and estates’ category at the annual Europe Women in Business Law Awards 2017.

Bedell Cristin has been shortlisted for ‘Offshore Law Firm of the Year’ in the prestigious annual awards organised by The Lawyer.

Alasdair Davidson, a partner and head of litigation at Bedell Cristin’s Guernsey office is to speak at the forthcoming inaugural international contentious fraud and trusts conference organised by a panel of top lawyers from leading London law firms.

The Channel Islands Securities Exchange has experienced an increased interest in listing specialist securities, particularly high yield bonds, since the introduction of a new European Union market abuse regime on 3 July 2016, effected as a result of the new...

Today ARIES, the Association of Restructuring and Insolvency Experts, being the Channel Islands member of INSOL International, has produced Guernsey Insolvency Practice Statements (“GIPS”). These are a voluntary initiative launched in Guernsey intended for ...

Bedell Cristin Partner, Edward Drummond is one of the expert speakers discussing the implications of the General Data Protection Regulation (GDPR), the new EU Regime on data protection which will impact on businesses in the Channel Islands when it is introd...

Two Bedell Cristin partners will be speaking at a seminar devoted to legal updates and developments in Jersey insolvency law and practice.

Bedell Cristin Guernsey has appointed a number of experienced lawyers to strengthen its teams and to support the continued growth of the firm.

Bedell Cristin has been awarded the Offshore Client Service Award at the prestigious Chambers Europe Awards.

Zillah Howard will sit on the panel at the forthcoming Jersey Finance Private Wealth Conference, titled A New Harmony, taking place on Tuesday 16 May in London.

Bedell Cristin are once again exhibiting sponsors at the Guernsey Funds Forum which takes place at etc.venues, 155 Bishopsgate, London EC2M 3YD on Thursday 11 May 2017 from 12pm.

Bedell Cristin acted as Jersey counsel to Deka Immobilien ("Deka") on its acquisition of the prime mixed-use property at One Rathbone Square in the West End of London. The purchase was made by a joint venture between the open-ended Deka real estate funds, W...

An early start on Tuesday 28 March did not deter an audience intrigued to learn more about the emerging blockchain technology and the opportunities on offer for Guernsey. Spanning Guernsey's finance, banking, insurance and technology sectors, over 50 att...

Bedell Cristin Jersey Partnership has advised London & Quadrant (L&Q) on the Jersey aspects of its acquisition of Gallagher Estates, in a deal worth around £505m in aggregate.

With effect from 18 April Jersey is introducing a new regime in respect of private funds - simplifying the regulatory regime, and extending the benefits of flexibility and speed across Jersey's private funds space.

Bedell Cristin has been shortlisted in the International Law Firm of the Year category of the Citywealth Magic Circle Awards 2017.

Partner, Lisa Springate, will be highlighting the responsibilities facing company directors when she speaks at a seminar later this month together with Charlotte Valeur of Board Apprentice and others.

The Channel Islands Securities Exchange Limited (CISE) to rebrand on 6 March 2017 as The International Stock Exchange

Bedell Cristin advised Akina Partners on the Jersey-law aspects of the sale of their private equity business to Unigestion to create a merged private equity business with AUM of over US$6 billion.

Three Advocates from Bedell Cristin, Rebecca McNulty, Laura Hendrick, and Richard Laignel were recently sworn in at Jersey’s Royal Court.

Two Bedell Cristin partners are panellists at forthcoming international trust conferences, the largest staged in the Channel Islands

Jon Barclay and Alasdair Davidson have obtained orders for the compulsory liquidation of Midland Resources Holding Limited, an international joint venture holding company, on just and equitable grounds.

Guernsey's Policy and Resources Committee has recently submitted its proposals for the establishment of a Register of Beneficial Ownership for consideration by the States of Guernsey at its sitting on 15 February 2017.

We are once again attending MIPIM, the world's premier real estate event in Cannes, from 14-17 March 2017.

Finance professionals were alerted to future UK legislation focusing on tax evasion and avoidance and wider corporate economic crime in a seminar hosted by us last week entitled ‘Business Ethics – The Bribery Act was just the start…'

The Project de Loi entitled The Access to Neighbouring Land (Guernsey) Law, 2016 was registered on 16 January 2017.

Partner, Alasdair Davidson, has been invited to speak at a one day symposium hosted by ACAMS (Association of Certified Anti Money Laundering Specialists) on February 9 2017.

The Channel Islands Securities Exchange has experienced an increased interest in listing specialist securities, particularly high yield bonds, since the introduction of a new European Union market abuse regime on 3 July 2016, effected as a result of the new...

The States of Jersey has released details of "new measures" that it will introduce in order to: "reduce the number of permissions available to businesses to employ newer migrants".

Bedell Cristin and Macfarlanes to host presentation in Jersey on Business Ethics - The Bribery Act was just the start - 8 February 2017.

We have advised on the sale of CityPoint Tower, a prime City of London office building to a real estate fund sponsored by Brookfield Asset Management for over £530m.

Bedell Cristin's Guernsey Office has acted as lead adviser to Jordan based promoter Catalyst Investment Management Company on the launch of its latest clean-tech fund.

Bedell Cristin has two of its partners included in the Citywealth 2016 IFC Power Women "Top 200" list.

Managing Partner, David Cadin, has been included in the definitive list of the top 50 most influential professionals working in the private client industry.

The Guernsey Financial Services Commission ("GFSC") yesterday launched a new regime for private investment funds, following a brief consultation with industry.

Senior Associate, Henry Wickham, has been named a Gold Award winner in Citywealth’s Future Leaders Awards announced at a prestigious ceremony in London.

David Cadin is a speaker at a leading conference on cloud strategies and the impact of new regulation, organised and hosted by Calligo later this month.

Speaking at the recent Jersey Pensions Association conference, Bedell Cristin's Nancy Chien highlighted the need for pension regulation in Jersey.

Bedell Cristin Jersey Partnership is pleased to announce that it has advised Morgan Stanley as sole placement agent in connection with the successful issue by Quotient Limited ("Quotient") of $120 million fixed rate senior secured loan notes due 2023 (the "...

Bedell Cristin has again acted as Guernsey and Jersey legal advisers to The Royal Bank of Scotland International Limited in connection with the loan facilities made available to Channel Islands Property Fund Limited.

Leading global authorities on financial crime and compliance are in Guernsey next month for the 2016 Guernsey Compliance and & Economic Crime Symposium hosted by the Jersey International Business School.

Two of our leading private client lawyers have been shortlisted in the Citywealth Future Leaders Awards 2017.

A new edition of an acclaimed book on insolvency in Jersey, Channel Islands, has been published which includes updated and enhanced analysis on a range of legal developments in the Island.

Specialist teams from Bedell Cristin's property and corporate departments in Jersey have completed the sale of Liberation House and Windward House on the Jersey waterfront.

Nancy Chien, a Partner in the firm’s Private Wealth and Fiduciary group and Henry Wickham, a Senior Associate in the same group, have been named on a list of young professionals under the age of 40 identified as among the most talented working in the privat...

We are once again attending EXPO Real, the International Trade Fair for Commercial Property and Investment taking place in Munich from 4 - 6 October 2016.

The management buyout of Bedell Trust has completed following regulatory approvals. As a result, Bedell Cristin is now a wholly separate business to Bedell Trust.

The Jersey Pensions Association is staging its inaugural conference next month to address some of the key developments affecting providers of local and international pensions.

Bedell Cristin Guernsey has announced that two of its leading lawyers, Advocate Jon Barclay and Advocate Richard Sharp, have become partners in the firm.

Bedell Cristin has appointed Advocate Kate Ovenden as the new Managing Partner of its award winning Guernsey office.

Acted for IK Investment Partners Limited in connection with the establishment of a Jersey separate limited partnership...

Acted for Ethos Private Equity Pty, widely considered the most experienced and successful private equity investment team in South Africa...

Provided legal advice to Deutsche Asset Management (UK) Limited in connection with the establishment and regulatory licensing of the two general partners of an English limited partnership known as the Pan-European Infrastructure II.

Advised Pacific Equity Partners Pty Limited (a leading and award-winning investment team) in connection with their fifth private equity fund which focuses on investments predominantly in Australia and New Zealand.

Acted for a well-known private investment company, a "patient" global real estate investor, in the establishment of a Jersey very private fund to invest in UK equity and debt investments, as well as the structuring of a complex carried interest vehicle for ...

Acted in connection with this Jersey limited partnership which is a venture capital fund investing primarily in the online, social and mobile game sector, predominantly in Europe, Israel and Turkey.

Advised what was largely reported as the largest hedge fund start-up of 2015 (Bloomberg), in connection with the establishment and regulatory licensing of the Jersey general partner and Jersey manager of the Fund

Litigation partner, and Bedell Cristin’s new Managing Partner, David Cadin, has been re-elected to the post of Bâtonnier.

Bedell Cristin partner, Zillah Howard, has been named ‘Best in Offshore’ for the fifth consecutive year in the Europe Women in Business Law Awards organised by Euromoney Legal Media Group.

We act for the liquidators of a group of companies ultimately owned by a Jersey family trust.

Bedell Cristin was appointed by The Channel Islands Securities Exchange Limited ('The CISE') to act as key advisers in connection with its listing on its own exchange. The transaction saw Bedell Cristin provide legal advice and also act as listing sponsor u...

As lead counsel to JT, Bedell Cristin has significant experience in the telecommunications sector.

Bedell Cristin has appointed Kristian Wilson as partner in the firm's Singapore office.

Bedell Cristin has further strengthened its corporate team in response to sustained client demand through the appointment of Guy Westmacott as Senior Associate in the Jersey office.

Bedell Cristin advised the majority shareholder in establishing a joint venture structure to acquire and develop land in Rossington, Doncaster.

As legislative developments make it easier to move between jurisdictions, many offshore companies are choosing to redomicile.

Bedell Cristin acts for incumbent trustee in complex application dealing with issues of trust law, criminal law, money laundering and international cooperation.

Bedell Cristin are once again exhibiting sponsors at the Guernsey Funds Forum which takes place at etc.venues, 155 Bishopsgate in London on Thursday 12 May 2016 from 12pm.

Bedell Cristin, commercial litigation partner, Lisa Springate has been invited to speak at the annual Trusts Conference hosted by BL Events in Jersey, on 25 May 2016.

Bedell Cristin acted for 90 North Real Estate Partners LLP (and its associated investors) and certain Middle Eastern investors in relation to the acquisition

Bedell Cristin acted for Altum Capital Partners Limited in relation to the acquisition of Hough Retail Park, Lichfield Road, Stafford

Zillah Howard will sit on the panel at the forthcoming Jersey Finance Private Client Conference

Bedell Cristin partners, Lisa Springate and James Campbell, have been invited to speak at the Anti-Money Laundering, Financial Crime and Sanctions Conference hosted by Infoline in Jersey, on 26 May 2016.

Bedell Cristin advises in connection with the £140 million financing of the acquisition of a portfolio of office and commercial properties throughout England, Scotland and Guernsey

Protectors feature regularly in Jersey trusts, being appointed by settlors as a means of ensuring that there will be some element of control over the exercise of the trustees' powers.

Further to our briefing note "The Common Reporting Standard: draft Jersey legislation released" dated November 2015, the Chief Minister's Department has published draft guidance notes dated February 2016 ("Guidance Notes") which provide guidance on the impl...

Bedell Cristin advised as Jersey transaction counsel on two further series of a securitisation programme arranged by Barclays Bank PLC in respect of present and future credit and charge card receivables originated by Barclaycard, a business division of Barc...

INSOL Channel Islands One Day Seminar - 9 June 2016

Two of Bedell Cristin's lawyers have been recognised for their high academic achievements in 2015.

Bedell Cristin acted for Altum Capital Partners Limited in relation to the acquisition of certain properties at 36 to 40 (even) Langham Street and 94 Great Portland Street, London

We are once again attending MIPIM - the world's premier real estate event in Cannes, from 14-17 March 2016.

Bedell Cristin has strengthened its highly rated corporate and banking team through a senior appointment in Guernsey.

Bedell Cristin successfully represented the first-named Defendant, an Italian lawyer who spoke very little English

Bedell Cristin was appointed to advise UBS in connection with the sale of its Jersey alternative fund services business to Japanese headquartered Mitsubishi Fund Services.

We acted for the Jersey borrowers in the Glengall Bridge group, which own development land in London worth in excess of £50m.

Bedell Cristin has acted for Joint Liquidators in the winding up of three Jersey companies ordered under Article 155 of the Companies (Jersey) Law 1991.

Bedell Cristin acted for Altum Capital Partners Limited in relation to the acquisition of a Luxembourg company which owned the Avenue Retail Park, Newport Road, Cardiff

Bedell Cristin acted as Jersey counsel for Aviva Investors and PSP Investments (PSP), one of Canada’s largest pension investment managers, on the sale to PSP of a 50% stake in a central London portfolio.

Leading offshore law firm Bedell Cristin is advising Sacturino Limited ("Sacturino") on the Jersey law aspects of its $9 billion cash takeover offer for the shares in Polyus Gold International Limited ("Polyus Gold").

The draft Taxation (Implementation) (International Tax Compliance) (Common Reporting Standard) (Jersey) Regulations 201- (the "Regulations") were lodged au Greffe on 13 October 2015.

In a recent decision of 23 September 2015, in the matter of the Piedmont Trust and in the matter of the Riviera Trust [2015] JRC 196, the Royal Court in Jersey examined the extent of the duties of a person exercising a power to appoint trustees and protecto...

Bedell Cristin advises in connection with the £59 million financing of the acquisition of a Jersey property unit trust owning one of Scotland's largest shopping centres

Statistics published in Jersey's biannual Labour Market Survey show that the number of "zero hours" contracts in use in the private sector rose by 470 in the year to June 2015. Total headcount in the private sector increased by 860. In contrast, numbers of ...

For the fourth year running Bedell Cristin Guernsey, in partnership with the Guernsey Sports Commission, committed to a week-long celebration of local sports volunteers.

JFSC directions, disqualification, criminal and civil penalties: there are a plethora of Jersey domestic provisions covering the ways in which sanctions of this nature can be imposed on Jersey directors.

Bedell Cristin partner Martin Paul is due to speak at the Channel Islands Funds Forum in Jersey.

Bedell Cristin is the only offshore firm to have a practitioner featured in the list of the ‘Top 35 Under 35’ published this week by the leading private wealth publishing group, eprivateclient.com (Private Client Practitioner).

On 3 August 2015, the Privy Council has helpfully explained the nature of the credits and debits that apply when operating a bank account.

A number of significant amendments to Guernsey's company legislation, the Companies (Guernsey) Law, 2008 (as amended), have come into force today, 3 September 2015, subject to certain transitional provisions.

Nancy Chien has been appointed a partner of Bedell Cristin in Jersey.

Bedell Cristin advises in connection with the £114 million financing of the acquisition of a Jersey property unit trust owning one of England's largest shopping centres

Insolvency and trust specialists will gather in Guernsey on Wednesday 9 September 2015 for a one day seminar looking at the issues affecting practitioners.

On 19 August 2015 the Royal Court of Guernsey issued an important Practice Direction concerning the information which will be required to accompany any future application for the appointment of a liquidator or administrator.

The European Securities and Markets Authority (ESMA) has issued its advice to the European Commission, Parliament and Council in relation to the application of the AIFMD passport to non-EU Alternative Investment Fund Managers (AIFMs) and non-EU Alternative ...

Bedell Cristin partner Bruce Scott and senior associate Amedeo Claris-Delmedico acted as Jersey counsel to Harrison Street Real Estate Capital in connection with the establishment of its maiden European student housing opportunity fund, which raised €135 mi...

Bedell Cristin have acted on the recent successful restructuring of syndicated bank facilities of over $5 billion for United Company Rusal plc ("Rusal").

The Alternative Investment Funds (Amendment of Regulations No.2) (Jersey) Order 2015 came into force this week, as a result of which English and Scottish limited partnerships may, subject to certain conditions, now elect to be regulated in Jersey as Jersey ...

An outline of recent developments in how litigation can be funded, both in the Jersey and English Courts, attracted a wide range of senior finance professionals to a seminar hosted by Bedell on 8 July 2015 entitled ‘The New Dawn in Litigation Funding’.

Bruce Scott and Tom Davies of Bedell Cristin's London office advised a joint venture vehicle established by Cain Hoy Enterprises, LLC, Galliard Homes and MG Properties

On 29 July 2015 a number of significant changes to Guernsey's company legislation, the Companies (Guernsey) Law, 2008 (as amended), are expected to be approved by the States of Guernsey.

Two Bedell Cristin partners were recognised as leaders in their field across Europe in the Europe Women in Business Law Awards organised by Euromoney Legal Media Group.

Bedell Cristin has been shortlisted in the prestigious STEP (Society of Trust & Estate Practitioners) Private Client Awards for 2015.

Bedell Cristin acted for 90 North Real Estate Partners LLP (and its associated investors) and certain Middle Eastern investors in relation to the acquisition

Litigation funding arrangements were first approved by the Royal Court in Jersey in 2011. Since then the market and legal thinking has developed and the options available have increased such that illiquidity, limited assets or simply a desire not to risk ev...

Following the introduction of the Approved Managers regime in 2012, two new complimentary fund products have been added in the British Virgin Islands under the Securities and Investment Business (Incubator and Approved Funds) Regulations, 2015; the incubato...

On 1 May 2015, leading litigation funders Therium Capital Management Limited ("Therium") announced a market-transforming £200 million private fundraising to invest in the costs of large-scale commercial litigation, group litigation and arbitration globally.

Bedell has been shortlisted in the ‘Offshore Law Firm of the Year’ category in the prestigious Asian Legal Business SE Asia Awards 2015 for the third consecutive year.

The Bedell Cristin Blades ladies four rowing team has agreed sponsorship with law firm Bedell Cristin in Guernsey for the third successive year.

Bedell Cristin are once again exhibiting sponsors at the Guernsey Funds Forum which takes place at etc.venues, 155 Bishopsgate in London on Thursday 14 May 2015 from 12pm.

In Guernsey, collective investment schemes (open- or closed-ended) can either be "authorised" or "registered".

Bedell Crsitin has been shortlisted for a further industry awards adding to the accolades achieved to date this year.

The BVI is the world's leading offshore corporate domicile with close to half a million active companies, a user friendly companies law and a modern Commercial Court.

Bedell Cristin partner Edward Drummond is due to speak at C5's 28th Forum on Fraud, Asset Tracing and Recovery in Geneva.

Partner Robert Gardner acted for the settlor of the Strathmullan Trust who had settled substantial funds into a Jersey law trust some 15 years ago.

Bedell Cristin has assisted Artex Risk Solutions and PwC in the creation of a new regulated insurance platform structured as an ICC (Iccaria Insurance ICC Limited).

Bedell Cristin partners have been shortlisted in the WealthBriefing European Awards 2015.

James Campbell will sit on the panel at the forthcoming Jersey Finance Private Client Conference

Partner Robert Gardner and Senior Associate Paul Lewis acted for Hans-Peter Dohr in a dispute relating to Mr Dohr's former directorships of two Jersey airport infrastructure and power investment funds which previously had €1.3 billion under management.

Bedell Cristin acted for 90 North Real Estate Partners LLP (and its associated investors) and certain Middle Eastern investors in relation to the acquisition

We are once again attending MIPIM - the world's premier real estate event - in Cannes from 9-13 March 2015.

Bedell Cristin's Jersey office has advised GTS Chemical Holdings plc ("GTS"), a speciality chemicals producer and the largest Chinese manufacturer of ammonium sulfite, on its £36.83million AIM IPO and £3million fundraising.

Anthony Robinson, assisted by David Cadin, Edward Drummond and Dina El-Gazzar recently acted for Christopher Rokos, one of the co-founders and a highly successful trader with Brevan Howard (the largest hedge fund manager in Europe).

Bedell partner, Lisa Springate, was the only Jersey lawyer included among 24 individual award winners from firms across the country, including partners in many of the leading City law firms, in the Citywealth Power Women Awards 2015.

Bedell Cristin Guernsey has been named Offshore Law Firm of the Year in the UK Captive Services Awards 2015.

The draft regulations on Qualifying Recognised Overseas Pension Schemes ("QROPS") (The Overseas Pension Schemes (Miscellaneous) Regulations 2015) (the "Draft Regulations")) published by HMRC on 19 December 2014 will have an impact on all Jersey pension sche...

Bedell Cristin's Guernsey and Jersey offices have acted alongside each other as counsel to the French mutual Covéa in connection with its purchase of UK regulated life insurer Sterling Insurance Group.

Bedell has been recognised in a number of industry awards.

In recent times, there has been a marked increase in the use of co-ordinated economic sanctions by the European Union, the United Nations and individual states against rogue states and organisations and, on a targeted basis, against specific individuals and...

Lisa Springate is to speak at the "Protectors & Power-holders in Trust International Symposium" at the Grange Tower Bridge Hotel in London on 26 February 2015.

Bedell Cristin has four of its lawyers included in the Citywealth 2014 IFC Power Women list and is the only firm to have three included in the Jersey section.

The Privy Council has delivered a significant ruling on trust jurisdiction clauses in Crociani & O'rs v Crociani & O'rs [2014] UKPC 40.

In a welcome development, Jersey's Chief Minister has signed into law new legislation designed to simplify and encourage the establishment and operation of hedge fund management businesses in Jersey.

The amazing tale of Mukhtar Ablyazov, a Kazakh oligarch alleged to have committed a multi-billion dollar fraud, was the subject of a seminar jointly hosted by Bedell Cristin and KPMG at the Pomme D'Or on 5 November 2014.

The Charities (Jersey) Law 2014 (the "Charities Law") is being brought into force on a staged basis, beginning today, as part of the Island's initiative to strengthen and develop Jersey's position as a centre of excellence for philanthropic wealth management.

Bedell Cristin acted for 90 North Real Estate Partners LLP (and its associated investors) and certain Middle Eastern investors in relation to the acquisition

Bedell Cristin is delighted to announce its involvement in the recent sale of leading Jersey trust company and corporate services business, Seymour Trust Company Limited, to the First Names Group.

Lisa Springate, has been shortlisted for Woman of the Year within the Business Growth category at the Citywealth Power Women Awards.

The draft Charities (Jersey) Law 201- (the "Charities Law") received Privy Council approval yesterday.

Bedell Cristin acted for Altum Capital Partners Limited in relation to the acquisition of Johnstone House, 50-54 Rose Street, Aberdeen

Bedell Cristin Guernsey partner, Kate Ovenden, will be attending MIPIM UK at Olympia, from 15 - 17 October 2014, where she will be based at the Guernsey Finance stand.

Bedell Cristin partners Anthony Dessain and Edward Drummond and Associate Jessica Bermingham have acted on the recent successful restructuring of syndicated bank facilities of over $5 billion for United Company Rusal plc ("Rusal"), a Jersey company listed o...

The draft Income Tax (Amendment No. 44) (Jersey) Law 201- (the "New Law") was passed by the States Assembly (Jersey's government) today. The introduction of this legislation is designed to simplify and modernise the taxation of pensions and to increase the ...

Mark Dunlop and Edward Drummond were speakers at the Institute of Law conference "The Enforcement of Creditors Rights'

Bedell Cristin has further strengthened its banking and corporate teams in Jersey through the appointment of two experienced local lawyers.

Bedell Cristin is the only offshore law firm to have two practitioners included in the lists of the ‘Top 35 Under 35’ published this week by the leading private wealth magazine, eprivateclient.com (Private Client Practitioner).

Bedell Cristin's Jersey corporate team has advised LSE AIM listed company, Produce Investments plc on its successful acquisition of The Jersey Royal Potato Company, one of the main suppliers of the iconic Jersey potato, for a total cost of £15m.

The latest version of the Crown Dependency Guidance Notes to FATCA, which was released on 28 July 2014, has provided further changes to, and clarifications of, the obligations of Jersey Financial Institutions in respect of FATCA.

We are pleased to announce our membership of the World Services Group (WSG) representing both Jersey and Guernsey in the Channel Islands. We are looking forward to working with other member firms and developing our membership.

We are once again attending EXPO Real 2014, the International Trade Fair for Commercial Property and Investment, in Munich from the 6-8 October 2014.

Jersey Funds Forum 2014 - The Global Perspective

In a welcome development, the Jersey Financial Services Commission has confirmed that it will licence both Jersey-law and foreign-law LLPs for fund services business under the Financial Services (Jersey) Law 1998, pursuant to new policy papers published by ...

Bedell Cristin acted for the Unite UK Student Accommodation Fund (USAF) in relation to its acquisition of a 2,904 bed student accommodation portfolio for £137 million.

Bedell Cristin acted as Jersey counsel to Max Property Group Plc (Max) in connection with the disposal of Max's entire property business to a company controlled by Blackstone Real Estate Partners IV (Blackstone) in a deal valuing the Max group at £448m.

The Minister for Treasury and Resources announced major changes to Jersey's pensions regime as part of the 2015 Budget on 17 July 2014; draft legislation on those changes was lodged au Greffe on 18 July 2014 ("Draft Law").

The Companies (Amendment No.11) (Jersey) Law 2014 (the "Amendment Law") came into force on 1 August 2014.

Restructuring of syndicated bank facilities of over USD 5 billion for United Company Rusal plc

World class international musicians are in Jersey this week to perform along with some of the world’s leading music college students as part of the Jersey International Masterclasses.

The draft Charities (Jersey) Law 201- (the "Charities Law") was passed by the States Assembly (Jersey's government) today and is now awaiting Privy Council approval.

Today marks the fifth anniversary of the introduction of the Jersey foundation. Recognising the growing demand for foundations by the Island's increasingly international client base, the Foundations (Jersey) Law 2009 (the "Jersey Foundations Law") was brou...

The Court of Appeal in Jersey has broken new ground by ordering an interim payment on account of costs in Crociani, Foortse, BNP Paribas Jersey Trust Corporation Ltd & Appleby Trust (Mauritius) Ltd v Crociani & O'rs [2014] JCA 095.

The first updates in six years to guidelines aimed at local directors will be discussed at a seminar and book launch being held by the Jersey branch of the Institute of Directors (IoD) next month.

We are delighted to announce that, for the third successive year, Bedell Cristin partner Zillah Howard has been awarded ‘Best in offshore’ at the Europe Women in Business Law Awards organised by the Euromoney Legal Media Group.

We are pleased to announce our membership of Globalaw and we are looking forward to working with other member firms.

Kate Ovenden and Tristan Ozanne of Bedell Cristin's Guernsey office, together with Kirkland & Ellis LLP, have recently advised SOF Investments Limited in relation to the establishment of Special Opportunities Fund (Guernsey) LP.

Views from an article which examines the BVI’s relationship with Asia, written by two of Bedell Cristin’s leading lawyers, have been quoted in a recent news report in the South China Morning Post.

The Royal Court of Guernsey has delivered a landmark ruling in the matter of Esquire Realty Holdings Limited on 16 April 2014.

Nearly 150 people gathered to participate in the Swim the Sound fund raising event earlier this month (June 1) and between them they raised over $US 21,000 for Virgin Islands Search and Rescue (VISAR).

Alasdair Davidson, assisted by Jon Barclay led the successful application in the matter of Esquire Realty Holdings Limited on 16 April 2014.

Partner, Bruce Scott is a panelist at the "Legal Week - Audience with ... Private Client" on Thursday 12 June 2014 at The Law Society, London. Discussions will include the latest trend and developments in the world of Private Client Real Estate

Jurisdictional issues in a globalised world – a Jersey view point

The draft Charities (Jersey) Law 201- (the "Charities Law") has been lodged today for debate in July by the States Assembly (Jersey's government).

Bedell Cristin in Guernsey have acted for Artex Risk Solutions in relation to the acquisition of Heritage Insurance Management Limited, the specialist captive and insurance management arm of Guernsey headquartered Heritage Group.

The shortlist for the fourth annual Euromoney Legal Media Group Europe Women in Business Law Awards has been announced where Bedell Cristin have three lawyers nominated.

Bedell Cristin has been shortlisted in the ‘Offshore Law Firm of the Year’ category in the prestigious Asian Legal Business SE Asia Awards 2014.

The Premier of the BVI, Dr. the Honourable D Orlando Smith, OBE, led the guest list at a drinks reception hosted by law firm Bedell Cristin.

On 4 February 2014 the Commercial Court in Ireland (the "Court") gave its judgment in Greene and Others v Coady & Others [2014] IEHC 38, otherwise known as the "Element Six" case.

Bedell Cristin has been named ‘Offshore Law Firm of the Year’ at the Chambers Europe Awards for Excellence 2014.

ILS Insight is a free thought leadership event hosted by Guernsey, which takes place on Wednesday 2 July 2014 at the Park Hyatt Zurich and brings together experts from across the ILS space for dialogue and debate surrounding the top industry issues of 2014/15.

The Court of Appeal in Jersey has set a new test for permission to appeal from all future decisions of the Royal Court in civil proceedings.

Bruce Scott and Tom Davies of Bedell Cristin's London office advised UNITE Group Plc's and Oasis Capital Bank's joint venture entity (the "JV") in respect of the sale of three student accomodation sites for £174,000,000 to Greystar. Nabarro LLP advised the ...

Bruce Scott and Tom Davies of Bedell Cristin's London office advised Wells Fargo as to matters of Jersey law in respect of its £150,000,000 debt facility provided to Legal & General Property for its second UK Property Income Fund and then in respect of the ...

The Court of Appeal in Jersey has delivered a landmark ruling in Crociani, Foortse, BNP Paribas Jersey Trust Corporation Ltd & Appleby Trust (Mauritius) Ltd v Crociani & Others [2014] JCA 089 (“Crociani”).

Jersey is one of the few offshore jurisdictions with limited liability partnership legislation, namely the Limited Liability Partnerships (Jersey) Law 1997, as amended (the “Jersey LLP Law”).

An innovative equity deal in which Bedell Cristin acted as Jersey legal adviser has been named the Equity Deal of the Year at the International Financial Law Review (IFLR) European Awards 2013.

The Royal Court of Jersey has determined a novel point of insolvency law in relation to the vesting of claims in a désastre, Jersey's unique bankruptcy regime for personal and corporate debtors.

Dick Cristin, the founder of Bedell Cristin, created the R.H. Cristin Settlement with the intention of benefiting the advancement of liver research and the alleviation of suffering for those with liver disease.

Bedell Cristin recently advised and acted for a Jersey company (the "Company") in respect of a challenge to a notice issued pursuant to Taxation (Exchange of Information with Third Countries) (Jersey) Regulations 2008 (the "Regulations") by the Comptroller ...

On 4 March 2014, the Royal Court gave judgment in Boyd v. Rozel Channel Islands Limited and Others [2014] JRC056

Emily Haithwaite is a panel member at the Globalisation of Investment Funds Conference in Paris on the 8 - 10 June 2014 "How should alternative funds be structured in the light of new regulation".

Acting for Chevron Corporation in litigation and related issues in Guernsey.

Bedell Cristin’s Guernsey Managing Partner, Mark Helyar, is the only contributor from the Crown Dependencies included in the third edition of the International Comparative Legal Guide to Insurance and Reinsurance 2014, a practical cross border insight into ...

Bedell Cristin Guernsey has been named offshore law firm of the year in the UK Captive Services Awards 2014.

INSOL Channel Islands One Day Seminar - 12 June 2014

We are once again attending MIPIM - the world's premier real estate event - in Cannes from 11-13 March 2014.

Erica Mandryko, an experienced corporate and commercial specialist in BVI law, has been appointed to strengthen the BVI team.

Following our recent news releases concerning The Channel Islands Stock Exchange, LBG ("CISX"), the restructure of the CISX by way of a scheme of arrangement was approved by the Royal Court of Guernsey on 20 December 2013.

An Islamic finance deal in which the firm’s Guernsey office acted, has won an award in the Islamic Finance Deals of the Year 2013 as chosen by the influential publication, Islamic Finance News.

End of transitional arrangements approaching fast

Bedell Cristin is currently advising a number of trust companies and individuals in relation to requests under Tax Information Exchange Agreements ("TIEAs").

Bedell Cristin acted for JT (Jersey) Limited ("JT") in successfully overturning a decision of the Jersey Competition Regulatory Authority ("the JCRA") which would have modified JT's licence and required JT to implement a new system of wholesale line rental.

A partner of Bedell Cristin has once again been named among the top 50 most influential private client professionals by a leading wealth management publication.

Zillah Howard has been named among the top 50 most influential private client professionals by a leading wealth management publication for the second consecutive time.

The Channel Islands insolvency body, the Association of Restructuring and Insolvency Experts ('ARIES') has had its membership of the premier global insolvency body, INSOL International, ratified.

On 8 October 2013, the tax policy unit of the States of Jersey issued a consultation paper entitled 'Tax rules applying to pensions and pension schemes' ("Consultation Paper").

Further to our previous update, the Channel Islands Stock Exchange ("CISX") has now confirmed that it is once again able to consider new listing applications in the usual course of business.

The two most frequent requests in recent times for change directed by the construction industry to the Planning Department at South Hill have been for the introduction of a planning appeals system based on the planning merits to an independent body and for ...

Jersey's trusts legislation has been amended today to enshrine in statute the existing Jersey case law provisions in relation to mistake and Hastings-Bass.

For Russian and CIS clients wishing to establish a structure for the preservation of private wealth, Jersey represents a very attractive choice.

Bedell has two people from its legal teams recognised in the Citywealth Jersey’s future leaders list for 2013, more than any other Jersey firm.

As you may already be aware from various recent press releases, the Channel Islands Stock Exchange ("CISX") announced on 14 October 2013 that it was not processing new listing applications for an estimated period of one month whilst a corporate restructurin...

On 9 October 2013, the Trusts (Amendment No. 6) (Jersey) Law 201-, the terms of which were summarised in our e-alert dated 17 July 2013 (please click here to review), was approved by the Privy Council.

Bedell is once again one of the sponsors at the STEP Asia Conference taking place at the Marina Bay Sands Hotel, Singapore on 13 - 14 November 2013.

At its next meeting on 30 October 2013, the States of Guernsey will be asked to approve further changes to the Companies (Guernsey) Law, 2008, as amended.

Acting for the beneficiaries of a Jersey law trust in the first Hastings-Bass application after the Supreme Court judgement in Futter-v-Futter / Pitt-v-Holt.

Bedell Cristin litigation partners, Mark Taylor and Lisa Springate have been invited to speak to members of the STEP Committee in Geneva on 17 October 2013.

Bedell Cristin has won the ‘Offshore Law Firm of the Year’ category in the prestigious new Legal 500 UK Awards 2013.

Bedell Cristin has bolstered the corporate and finance offering of its London- based Jersey legal team with the appointment of Tom Davies as a Senior Associate.

On 17 September 2013, the Royal Court of Jersey delivered a judgment, In the matter of The Onorati Settlement [2013] JRC 182.

Emily Haithwaite is chairing the panel focusing on the Channel Islands Model Navigating through Waves of Change at the 4th Annual Channel Islands Funds Forum on 25 September 2013.

Bedell Cristin Partner Zillah Howard has been invited to speak at the "Legal Week Private Client Forum 2013" taking place at Villa d'Este, Lake Como, Italy from the 31 October to 2 November 2013.

In a tradition which dates back to at least 1309, the Royal Court of Jersey yesterday held its annual Assise d'Heritage which marks, with much pomp and ceremony, the opening of the legal year in Jersey.

Acting for the Plaintiffs in breach of trust proceedings seeking restitution of in excess of US$ 100m.

Bedell Cristin is the only firm in the Channel Islands to have two practitioners included in a list of the ‘Top 35 under 35’ published this week by the leading private wealth magazine, Private Client Practitioner.

Bedell Cristin has appointed Rob Gardner and Edward Drummond as partners to further strengthen the firm’s top ranking litigation group in Jersey.

Bedell Cristin Litigation Partner, Lisa Springate has been invited to speak at the "International Trust and Estates Litigation Conference" to be hosted by Butterworths Conferences in London on 30 September 2013.

Bedell Cristin acted as the Jersey legal adviser for CVC Credit Partners Limited in relation to the establishment, launch and listing of CVC Credit Partners European Opportunities Limited (the "Company").

Zillah Howard, partner at Bedell Cristin, has been recognised in a list that identifies the top 100 women working in the global private client industry.

An event like no other is currently being produced that will feature original music of all genres mixed with live choreography, film and design.

A NEW award has been launched by the organisers of Bedell Cristin Volunteers’ Week to recognise young sports volunteers.

World class musicians and their students will be in Jersey this week for a series of concerts, lectures and master classes.

Bedell Cristin acted as legal adviser in the acquisition by First Names Group of international trust business, Basel Group, which completed on 17 July 2013.

It has been announced that Bedell Cristin’s Litigation Partner, David Cadin, has been appointed to the post of Bâtonnier.

Jersey's government has approved an amendment to the Island's trusts legislation which will enshrine in statute the existing Jersey case law provisions in relation to mistake and Hastings-Bass.

On 30 May 2013, the European Securities and Markets Authority ("ESMA") approved cooperation agreements to be signed by the Guernsey regulator, the Guernsey Financial Services Commission ("GFSC").

Jersey Finance commissioned a study to analyse for the first time the value of the Jersey economy to the UK.

Board performance, governance matters, and risk in the boardroom are among the hot topics that will be examined in the third businesslife.co Boardroom Intelligence Seminar, on Wednesday 10 July, from 2pm to 5.30pm.

In the case of In the Matter of the Dunlop Settlement [2013] JRC 123 the Royal Court of Jersey has provided useful guidance as to the costs position of a beneficiary convened to a neutral application relating to the administration of the trust.

Bedell Cristin partner Zillah Howard has been awarded ‘Best in Offshore’ at the Europe Women in Business Law Awards organised by the Euromoney Legal Media Group.

In the aftermath of the financial crisis of 2008, there has been greater emphasis placed on effective due diligence on investments and acquisition targets.

Bedell Channel Islands Limited acted as listing sponsor for dnata Aviation Services Limited in relation to the listing of Unsecured Loan Notes on the Channel Islands Stock Exchange, which were admitted on the Official List on 1 May 2013.

Acting for Deloitte LLP, the joint administrators to the four companies that hold the 35 property strong “Gemini” securitised property portfolio.

Under Jersey law there is currently an inequality between the rights of a widow on the testate death of her husband and the rights of a widower on the testate death of his wife, to a life enjoyment of their deceased spouse's immovable estate.

The Royal Court of Jersey has handed down its judgment in the most recent hearing of the proceedings brought by Barclays Wealth Trustees (Jersey) Limited and Barclays Wealth Fund Managers (Jersey) Limited as trustee and manager of the R2R Funds against the ...

On 22 May 2013, the Court of Appeal of England and Wales delivered the reasoned judgment for allowing the appeal from the decision of the High Court of 12 April 2013 which we referred to in an e-alert dated 2 May 2013.

The Draft Discrimination (Jersey) Law 201- (the "Law") was passed by the States of Jersey on 14 May 2013. It is expected to come into force in 2014.

On 30 May 2013, the European Securities and Markets Authority ("ESMA") announced that it has approved cooperation agreements to be signed by the Guernsey regulator, the Guernsey Financial Services Commission ("GFSC").

With just a few weeks to go until 22 July 2013, the date upon which the Alternative Investment Fund Managers Directive (the "Directive") must be implemented in all EEA Member States*, the cooperation agreement between Jersey and the competent authorities of...

Bedell Cristin has been named ‘International Law Firm of the Year’ in the Citywealth Magic Circle Awards 2013.

1 January 2015 will be a key date in many forthcoming disputes between landlords and tenants as to who is to bear the cost of replacing air conditioning systems.

In the Matter of the Representation of C, D, E and F and In the Matter of the A and B Trusts [2012] JRC 169A, in a judgment released at the end of April, the Royal Court of Jersey has provided welcome guidance as to the scope of the duties of a trust protec...

Bedell Cristin Partner, Lisa Springate has been shortlisted for the 'Best in Offshore' in the Europe Women in Business Law Awards organised by the Euromoney Legal Media Group.

Ability to order interim payments on account of costs confirmed

The Golden Thread has been referred to in several recent cases, including by the English Supreme Court in the well known case of Rubin v. Eurofinance SA; New Cap Reinsurance Corp Limited v. Grant [2012] UK SC 46. This case examined the effect of enforcement...

Bedell Cristin acted as Jersey counsel to Barclays Bank PLC and Merrill Lynch Pierce Fenner & Smith Incorporated as joint global coordinators, mandated lead arrangers and bookrunners in connection with the repricing and increase of the existing cross-border...

Bedell Cristin acted, with DLA Piper UK LLP's Birmingham office, for The Royal Bank of Scotland plc in connection with facilities of £130 million made available to an acquisition vehicle established by Extra MSA Group to acquire M40 Oxford and M3 Fleet and ...

Bedell Cristin Investment Funds Partner Emily Haithwaite is taking part in a high level webcast roundtable discussion on how to be better prepared for the introduction of the Alternative Investment Fund Managers Directive (AIFMD).

Bedell Cristin Partner David Cadin will be chairing one of the sessions as a confirmed speaker at the prestigious Law Via the Internet (LVI) conference to be held in Jersey this September.

Bedell Cristin has seconded Caroline McGrath, one of our funds lawyers, to the Jersey Financial Services Commission (JFSC) to assist with the implementation in Jersey of the applicable provisions of the Alternative Investment Fund Managers Directive (AIFMD).

Since the autumn of 2012 there has been a whirlwind of activity in the Jersey employment law sphere.

It is important that Jersey pension schemes which receive transfers from UK pension schemes or other Qualifying Recognised Overseas Pension Schemes ("QROPS") comply with the requirements in the UK.

Bedell Cristin advised AXA Real Estate Investment Managers (AXA Real Estate) on the recently completed £472m acquisition of Ropemaker Place in the City of London from British Land.

Received wisdom may be that discovery is a stage in litigation which is only reached after pleadings have closed and which requires the parties to that litigation to list the relevant documents that are or were within their custody, power or possession and ...

Bedell Cristin has been short listed in the ‘Offshore Law Firm of the Year’ category of the Asian Legal Business SE Asia Law Awards 2013.

Bedell Cristin has been included in the short list for International Law Firm of the Year

Cloud computing has been much publicised as the next big innovation in business computing. Over the past 12 months, internet companies such as Google, Microsoft and Amazon have ramped up their offering of cloud services, selling the convenience of 24/7 acce...

Bedell Cristin hosted a seminar yesterday, Thursday 14 March, at the Old Government House Hotel in Guernsey on the subject of data management and, in particular, electronic data management.

Advising the purchaser on all pension law issues relating to an acquisition of a trust company business.

Advising in relation to the termination of a pension scheme.

Advising a UK based employer on the establishment of a pension arrangement for the staff of its Jersey and other overseas operations.

Bedell Cristin has continued to bolster the pan-Channel Island capabilities of its litigation team.

The Alternative Investment Fund Managers Directive (the "Directive") must be implemented by EU Member States by 22 July 2013.

Bedell Cristin Jersey Partnership working with Herbert Smith Freehills LLP provided Jersey law advice to Gazprombank in connection with syndicated acquisition facilities of US$700 million.

Bedell Cristin advised in relation to the acquisition of the syndicated investment structure, which owns The Tower 42 Estate, Old Broad Street, London.

Bedell Cristin has strengthened its Commercial Property Law Team by the recruitment of Peter Bertram, one of Jersey’s foremost property lawyers.

Bedell Cristin Guernsey has been named offshore law firm of the year in the UK Captive Services Awards 2013.

Bedell Cristin Jersey has recently recruited a new lawyer into its Private Wealth and Fiduciary group.

The Supreme Court has now given its judgment on the eagerly awaited appeal by Prudential regarding whether or not legal advice privilege should be extended to communications in connection with advice given by professional people who are not qualified lawyers.

One of Guernsey’s leading corporate and finance lawyers has joined Bedell Cristin.

The enforcement of English matrimonial orders against Jersey trusts has undergone huge change in recent times, including the latest changes made by the Trusts (Amendment No.5) (Jersey) Law 2012.

Bedell Cristin in Guernsey has expanded with the appointment of Kerrie Le Tissier as a senior associate.

A Bedell Cristin team headed by London-based partner, Bruce Scott and assisted by associate, Amedeo Claris-Delmedico, provided Jersey legal and regulatory advice to AXA Real Estate Investment Managers in connection with the establishment and launch of the U...

Bedell Cristin hosted a seminar on 17 January 2013 for nearly 100 clients on the subject of data management, and in particular electronic data management.

Limited Liability Partnerships (Amendment of Law) (Jersey) Regulations 2013 (the "Regulations") came into force on 17 January 2013 amending the Limited Liability Partnerships (Jersey) Law 1997 (the "Law").

Bedell Cristin in Guernsey has been shortlisted in the UK Captive Services Awards for 2013 in the offshore law firm of the year category.

A team from Bedell Cristin acted for Longreach Oil & Gas Limited (a Jersey company) ("Longreach") on its successful acquisition of APIC Petroleum Corporation (a Canadian company) ("APIC").

Bedell Cristin has advised on the corporate and regulatory due diligence in respect of several financial services businesses acquired by private equity buyers.

Bedell Cristin has acted as reporting professional under the Financial Services (Jersey) Law 1998.

Bedell Cristin has provided advice to the boards and trustees of various funds and other structures which have faced financial and/or regulatory difficulty.

Bedell Cristin has advised a variety of firms on the development of financial services products.

Bedell Cristin has assisted a number of businesses in obtaining regulatory authorisation.

Bedell Cristin has provided advice to overseas regulatory authorities.

Bedell Cristin has assisted clients in responding to new and evolving legislation and regulation.

We provided Jersey legal advice to Aviva Investors in connection with the establishment and launch of the Aviva Investors REaLM® Multi Sector Unit Trust.

Bedell Cristin has acted for new client Health Care REIT, Inc. on the acquisition of a portfolio of five residential care homes in the UK.

Bedell Cristin has advised Jersey company Jmart Limited (Jmart) on its acquisition of Spar (Channel Islands) Limited (Spar CI) and The Channel Island Wholesale Group (CIWG).

There is a long-standing principle in English law that, in certain circumstances, equity will aid the defective execution of a power. In the recent case of In the Matter of the Shirnovic Trust, the Royal Court had to consider whether this principle applied ...

Bedell Cristin working with Latham & Watkins LLP, provided Jersey law advice to Mattel, Inc. in connection with its acquisition of HIT Entertainment.

We represent the Plaintiffs in the case of "In the Matter of the Valetta Trust".

Bedell Cristin London acted as Jersey legal advisers to Banc of America Securities and Merrill Lynch International as arrangers in connection with the financing of the acquisition by Kerling plc, a subsidiary of INEOS, of the Tessenderlo Group.

Bedell Cristin London acted as Jersey legal advisers to DZ BANK in connection with a new trade receivables transaction under the bank's €10 billion Coral Programme.

Bedell Cristin London acted as Jersey legal advisers to DZ BANK in connection with a new auto loan transaction under the bank's €10 billion Coral Programme.

We have acted for the Special Servicer of a £1.45 billion commercial real estate loan made to the Protractor Group.

Bedell Cristin has advised GI Partners, a leading private investment firm, on the Guernsey and Jersey legal aspects of its £82.7 million freehold acquisition, in partnership with Rowan Asset Management ("Rowan"), of Aldwych House, a 163,000 square foot offi...

We provided Jersey legal advice in relation to the establishment of the Union Kokusai Equity Fund.

We acted as lead counsel to the fund and to Lombard Odier Darier Hentsch & Cie in connection with the restructuring of Cogeflex Limited.

We acted as Jersey legal advisers to two Jersey entities in obtaining licences under the Financial Services (Jersey) Law 1998.

We advised South African private equity house Ethos Private Equity Limited on the establishment of Ethos Fund VI (Jersey), L.P.

We provided Jersey legal advice to Adveq Management AG, the Swiss private equity house, in connection with the establishment and regulation of Adveq Opportunity Management III L.P.

We provided Jersey legal advice to Adveq Management AG, the Swiss private equity house, in connection with the establishment of Adveq Technology Management VII, L.P.

We advised on this second fund in RREEF's Pan European Infrastructure series, being a closed-ended fund.

We are instructed by a Jersey trustee in proceedings involving various family trusts (with different proper laws) and foreign underlying companies.

Bedell Cristin provided Jersey legal advice to Aviva Investors in connection with the establishment and launch of five Jersey Expert Funds.

Bedell Cristin Guernsey Partnership has advised Barclays Bank, Barclays Corporate, The Royal Bank of Scotland plc and National Westminster Bank plc on Guernsey law security relating to Photobox’s £120m purchase of online cards retailer Moonpig.com.

Bedell Channel Islands Limited acted as listing sponsor for Dnata Catering Services Limited in relation to the listing of £40 million Unsecured Loan Notes on the Channel Islands Stock Exchange, which were admitted on the Official List on 29 December 2010.

Bedell Cristin acted for The Royal Bank of Scotland plc and Barclays Bank plc as joint lead arrangers in connection with syndicated acquisition facilities of £180 million made available to Evergreen Extra MSA Holdings Limited.

Bedell Cristin, working with Allen & Overy's London, Luxembourg and New York offices, provided Jersey law advice to lenders in connection with a US$1.2 billion satellite project financing secured by O3b Networks Limited.

Acting for Deloitte LLP, the Joint Liquidators of numerous companies in the Belgravia Group.

Alasdair Hunter led the Bedell Cristin team in Jersey and Guernsey advising CB Richard Ellis Loan Servicing Limited as special servicer of the £1.15 billion White Tower 2006-3 plc CMBS transaction.