About Loeb Smith

Awards and Recognitions

Every business needs a barometer to check how they are doing. For Loeb Smith, the most important feedback is the feedback that we receive from our clients and onshore law firms and other service providers that we work with. We appreciate our clients taking time to review our performance for international legal directories and are thankful for the distinctions we have received at the Firm, practice area and individual levels. It is certainly reassuring to know that we have been providing excellent value to our clients’ businesses consistently over the years and that we are growing with a keen interest in minimizing legal risks for our clients at the same time as helping them to achieve successful outcomes in their strategic goals.

Awards And Recognitions News

News | 29 October 2018

Undertaking Voluntary Liquidations of Cayman Islands Entities prior to 31 December 2018

Voluntary liquidations generally As the conclusion of 2018 approaches, clients should give some thought to whether or not they have Cayman entities which they wish to liquidate prior to the end of 2018 for, among other things, the purpose of avoiding annual government registration fees due in January…
News | 15 December 2017

Ramona Tudorancea at the ABA Section of International Law Fall Conference in Miami

On October 25, Loeb Smith Attorneys’ Cayman Islands-based corporate and moderate the panel titled “Caribbean Offshore Jurisdictions as Stepping Stones for Cross-Border Investments in the Americas”, scheduled as part of the Miami Fall Meeting of the Section of International Law of the American Bar Association and taking place…
News | 22 December 2015

New Enforcement Powers for CIMA are now in Force

The Monetary Authority (Amendment) Law, 2016 (the “Amendment Law“) which was enacted near the end of 2016 but only came into force on 15th December 2017 gives the Cayman Islands Monetary Authority (“CIMA“) the power to impose administrative fines for non-compliance on entities and individuals who are subject…
News | 24 April 2015

Effective Date for FATCA Implementation Delayed by Six Months

The U.S. Internal Revenue Service (“IRS”) has issued a Notice which postpones by six months, from 1 January, 2014 to 1 July, 2014, the effective date for certain requirements under the Foreign Account Tax Compliance Act (“FATCA”). Among other things, foreign financial institutions (“FFIs”) will not be required…
News | 20 June 2014

Cayman Islands to Adopt FATCA Model 1 IGA

The Cayman Islands Government (CIG) announced on 15 March 2013 its intention to adopt a Model 1 intergovernmental agreement (IGA) in response to the U.S. Foreign Account Tax Compliance Act (FATCA). It was also confirmed by the CIG that a similar arrangement will apply for the automatic exchange…