Firm: Carey Olsen
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Carey Olsen | January 2025

Two Carey Olsen lawyers recognised in eprivateclient's 50 Most Influential The list recognises the leading figures in the UK and global offshore private client practitioner sector, including advisers from the wealth management, accountancy, legal, trust, family law, and fintech sectors ...

Carey Olsen | January 2025

Carey Olsen advises Digicel on sale of majority stake in Cricket Sporting Investments Ltd. Cricket Sporting Investments Ltd. is the holding company of CPL Limited, which is the operating entity behind the Caribbean Premier League ("CPL"). Founded in 2013, the CPL is the Caribbean's premier Twenty20 cricket competition ...

Carey Olsen | January 2025

Carey Olsen maintains status as leading TISE listing agent for ninth consecutive year COCFL acted as listing agent on 40% of all classes of securities listed on TISE in 2024. COCFL also assisted with the majority of new high yield bond classes listed in 2024 and continues to act for a majority of all high yield bonds currently listed on TISE. TISE introduced its 'Specialist Companies' equity rulebook ("the Specialist Companies Equity Rules") in November 2024 ...

Carey Olsen | December 2024

Seven Carey Olsen lawyers called to the Jersey Bar Lizzie Chamberlain joined Carey Olsen's banking and finance team in 2022 and acts for both lenders and borrowers on a range of debt finance transactions including real estate investment and development finance, investment funds financing and general corporate facilities. Julie Currie specialises in pensions ...

Carey Olsen | December 2024

Bermuda Insurance Litigation Guide 2025 (Chambers) Contents  Rules governing insurer disputes  Jurisdiction and choice of law Arbitration and insurance disputes Coverage disputes Claims against insureds Insurers’ recovery rights Impact of macroeconomic factors Emerging risks Significant legislative and regulatory developments 1 Rules governing insurer disputes 1 ...

Carey Olsen | December 2024

Carey Olsen's FinTech practice ranked Band 1 in Chambers 2025 guide The firm's Bermuda and Jersey FinTech practices have retained their Band 1 position, as have partners Steven Rees Davies (Bermuda), Chris Duncan (Cayman Islands) and Christopher Griffin (Jersey). Steven Rees Davies is praised in the guide as being "able to understand FinTech regulatory detail beyond the words that are written and from the client's perspective" ...

Carey Olsen | December 2024

Implications of the Finance (2025 Budget) (Jersey) Law 202- for property transactions Stamp duty relief for group company transfers Perhaps the most welcome change is the long-overdue introduction of stamp duty relief for group company transfers of immovable property. To date, transactions between companies within the same corporate group have been subject to stamp duty at the full rates, disincentivising corporate property restructures ...

Carey Olsen | December 2024

Acquisition by a Company of its own Shares The Companies (Guernsey) Law, 2008 (as amended) (the “Law”) permits a Guernsey Company to acquire its own shares. Listed companies may use this mechanism to return surplus cash to shareholders, to enhance earnings per share or net assets per share, or to adjust gearing ratios. Listed funds may wish to provide greater liquidity in their shares, especially if the market for their shares is relatively narrow ...

Carey Olsen | December 2024

Carey Olsen advises MNRPF on £450 million longevity swap transfer The transaction, which will form part of MNPRF's investment portfolio, protects MNRPF against longevity risk and enhances security for MNRPF members. The Carey Olsen Guernsey corporate team advising on the transaction comprised partner Tony Lane and senior associate Arya Hashemi. Linklaters acted as onshore counsel for the trustee and Eversheds Sutherland acted as onshore counsel for MetLife ...

Carey Olsen | December 2024

Carey Olsen advises Keyex Limited on successful application for registration as a BVI VASP Keyex provides a platform for cryptocurrency exchange including buying, storing, trading and selling digital assets. Its registration is amongst the first to be approved under the VASP Act, which aims to position the BVI as a leading jurisdiction for digital asset innovation globally ...

Carey Olsen | November 2024

Carey Olsen advises Guernsey 'first of its kind' captive assisted buy-in The transaction involved the issue of a c£500 million BPA contract by M&G's wholly owned subsidiary, The Prudential Assurance Company Limited ("PAC"), to a UK pension trustee. As with a traditional buy-in transaction, under the BPA, PAC insures the trustee's liability to its pension scheme members ...

Carey Olsen | November 2024

Carey Olsen lawyers recognised in IFLR1000 2024 Caribbean rankings Among those featured, Carey Olsen has seven individuals considered to be 'Highly Regarded', one 'Rising Star Partner', three 'Notable Practitioners' and three 'Rising Stars' ...

Carey Olsen | November 2024

Blockchain 2024 - Bermuda (Legal 500) 1. Please provide a high-level overview of the blockchain market in your jurisdiction ...

Carey Olsen | November 2024

Carey Olsen advises on sale of SandpiperCI's food retail business to Morrisons The Carey Olsen Jersey corporate and property teams led this cross-border acquisition, which included a pre-completion group reorganisation and advice on real estate, finance, employment, and pension matters for stores operating across Jersey, Guernsey, and Alderney ...

Carey Olsen | November 2024

Essential facts: state of mind and accessory liability for company directors At first instance and before the Court of Appeal, the Claimant, Lifestyle, successfully argued that the defendant company and two of its directors were jointly liable for trade mark infringement, and the directors had been ordered to account for profits made by them in connection with the company's infringements ...

Carey Olsen | November 2024

Celebrating Nigel Carey's 50 years in law Nigel attended Elizabeth College in Guernsey and then Southampton University from 1967 to 1970, becoming a solicitor of the Supreme Court of England and Wales in 1974 and an Advocate of the Royal Court of Guernsey in 1975 ...

Carey Olsen | November 2024

Carey Olsen lawyers achieve 31 individual rankings in The Legal 500 Caribbean 2025 Carey Olsen lawyers have secured 31 individual rankings in the 2025 edition of The Legal 500 Caribbean, including 18 'Leading Partner' rankings, 10 'Next Generation Partner' rankings and three 'Leading Associate' rankings ...

Carey Olsen | November 2024

Resolutions and meetings of Guernsey Companies The articles of incorporation (the “Articles”) of a company must always be checked for specific requirements relating to general meetings. Note, however, that in certain circumstances the Articles  may be overridden by The Companies (Guernsey) Law, 2008 (as amended) (the “Law”), which provides for certain basic shareholder protections in specific circumstances ...

Carey Olsen | November 2024

Proposed amendments to the BVI Business Companies Act Register of members   At the moment, a Company must maintain a private register of members (“Private ROM”), which includes the following information (the “Shareholder Information”): the date each shareholder held/ceased to hold shares in the Company;  the number (and class) of shares held by each shareholder; each shareholder’s name and residential address, if they are a natural person; each s

Carey Olsen | November 2024

Carey Olsen Bermuda celebrates standout results in The Legal 500 Caribbean Carey Olsen Bermuda has been promoted to Tier 1, the top ranking for practice area categories, in Corporate and Commercial and Insurance/Reinsurance, while also maintaining its Tier 1 rankings in Dispute Resolution; Regulatory and Compliance; and Trusts/Private Client ...

Carey Olsen | November 2024

Insurance M&A: Bermuda’s change of control requirements In the complex landscape of mergers and acquisitions (“M&A”), regulatory challenges play a critical role in the success of transactions ...

Carey Olsen | November 2024

Carey Olsen takes lead role in new TISE 'Specialist Companies' equity rulebook Carey Olsen is part of the TISE Rules Committee, which helped finalise the Specialist Companies Equity Rules (as well as all previous Listing Rule updates). The Specialist Companies Equity Rules are intended to attract privately held structures whose securities are not intended to be frequently transferred or traded and which are primarily held by institutional and professional investors ...

Carey Olsen | November 2024

Incorporating a Guernsey Company Guernsey companies are regularly listed on the Main Market and AIM Market of the London Stock Exchange as well as, among others, the New York Stock Exchange, Euronext, The International Stock Exchange (formerly the Channel Islands Securities Exchange) and the Hong Kong Stock Exchange ...

Carey Olsen | November 2024

Five Carey Olsen partners named leading Cayman lawyers by Lawdragon Lawyers featured in the 2025 guide are regarded as specialists in their field, have typically practised for 10 years or more and have significant on-the-ground experience in the Cayman Islands. Lawdragon's selection process incorporates nominations and extensive independent journalistic research, drawing on their more than 35 years' experience of legal research and reporting in the United States ...

Carey Olsen | November 2024

Guernsey Incorporated Cell Companies Key features The Companies (Guernsey) Law, 2008 (the “Law”) provides for the creation of the incorporated cell company. An ICC is a company which has the power to establish incorporated cells as part of its corporate structure. Like a protected cell company (“PCC”), an ICC may comprise any number of incorporated cells (“Cells”) ...

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