Legal News

In addition to publishing newsletters on a regular basis, Loeb Smith issues advisories and alerts to keep our clients informed of breaking news and legal developments. To receive our publications, please email [email protected].

Economic Substance in the Cayman Islands - tips to remain compliant 8 Dec 2022 Economic Substance in the Cayman Islands - tips to remain compliant The Cayman Islands introduced the International Tax Co-operation (Economic Substance) Act in response to the work carried out by the European Union and the OECD on 'fair taxation' and international tax practices. Read More
Practical Considerations on the Transfer of a Loan Portfolio and Security Interests where a BVI or a Cayman Islands entity is involved 30 Nov 2022 Practical Considerations on the Transfer of a Loan Portfolio and Security Interests where a BVI or a Cayman Islands entity is involved In the context of a reported increasing number of bond defaults by property developers in the People’s Republic of China and also the reported growing prevalence of non-performing debt due to rising interest rates across Asia, lenders have progressively... Read More
Key Features and Benefits of a BVI Approved Fund 31 Oct 2022 Key Features and Benefits of a BVI Approved Fund Under the Securities and Investment Business Act, 2010 of the British Virgin Islands, the Financial Services Commission of the British Virgin Islands offers a range of investment business licenses and other services. Read More
Cayman Court makes landmark decision in section 238 fair value dissenting merger/take-private case in Re Changyou.com Limited 27 Oct 2022 Cayman Court makes landmark decision in section 238 fair value dissenting merger/take-private case in Re Changyou.com Limited The Court of Appeal of the Cayman Islands has delivered a landmark judgment which has provided clarification of and, arguably, amendments to, Section 238 of the Cayman Islands' Companies Act Read More