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Harneys legal briefing

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Harney Westwood & Riegels is a leading international offshore law firm. We provide the world’s top law firms, financial institutions and corporations with legal services relating to British Virgin Islands, Cayman Islands, Cyprus and Anguilla law.

We provide advice on British Virgin Islands, Cayman Islands, Cyprus and Anguilla law to an international client base which includes the world’s top law firms, financial institutions and private individuals, through a network of offices located in the BVI, Cayman Islands, Cyprus, Hong Kong, London and Montevideo. We are dedicated to absolute quality, unparalleled responsiveness and client service.

Our lawyers, many of whom are from top international law firms and finance centres, have exceptional skills and experience. The world’s leading independent legal ranking directories call our lawyers attentive, commercially aware and responsive. The firm is consistently ranked as one of the world's leading offshore law firms, and the best offshore law firm in the British Virgin Islands.

Harneys is headquartered in the British Virgin Islands and the firm’s depth of knowledge and experience in the British Virgin Islands is unmatched. We have been an integral part of the British Virgin Islands’ development as a premier offshore centre, and no team has better understanding of the jurisdiction’s nuances and flexibility.

The firm’s geographically focussed BRIC desks provide legal services tailored to our Latin America, Asia, Russia and India-based clients. Our team-oriented and solutions-based approach enables Harneys to provide sound and reliable advice on even the most complex cross border transactions.

All content by Harneys

Having your cake and eating it: how to retain settlor control in BVI and Cayman trust structures

In recent years there has been a growing demand in offshore jurisdictions for more innovative and user-friendly trust solutions. This briefing outlines how the BVI and Cayman Islands have sought to meet this demand via specific legislative amendments to classic trust principles.

Law Firm: Harneys  | Published: 01 May 2012 | Practice Area: Succession Planning and Trusts

Rating: 2 people found this useful

Weavering's legacy: top housekeeping tips for investment managers and fund promoters

Despite being unremarkable in terms of general legal significance, the Weavering case provided a perfect opportunity to illustrate how not to be a fund director. This briefing from Harneys outlines how the judgment provides a clear common sense guide on what to avoid.

Law Firm: Harneys  | Published: 27 April 2012 | Practice Area: Regulation and Compliance

Cross-border listings - the view from Cyprus

With the introduction of a single European passport for securities, investors can now forum shop for the jurisdiction of choice to locate their holding company. This article details why Cyprus has experienced an inflow of applications for initial public offerings and admissions to trading of shares.

Law Firm: Harneys  | Published: 24 April 2012 | Practice Area: Cross Border

Free standing relief - a review of "Black Swan" orders in the BVI

It has been almost three years since the Black Swan case brought about substantial change to BVI law. In this detailed article, Harneys' Phillip Kite and Claire Robey set out where BVI law now stands in this important area.

Law Firm: Harneys  | Published: 17 April 2012 | Practice Area: Regulation and Compliance

Rating: 1 person found this useful

Place in the sun: an overview of Cyprus' holding regime

With the introduction of the Cyprus tax legislation of 2003, Cyprus positioned itself as an attractive holding regime. This article from offshore specialists Harneys outlines the main features of the new regime as well as Cyprus' special defence for tax on dividends and reorganisation rules.

Law Firm: Harneys  | Published: 10 April 2012 | Practice Area: Corporate Governance

Rating: 1 person found this useful

A guide to takovers and corporate reconstructions in the BVI

In this guide, Harneys' corporate and commercial team provides a detailed comparison of takeovers and corporate reconstructions in the British Virgin Islands. The comparison examines the advantages, disadvantages and procedural steps for plans of arrangement, mergers, consolidations, and much more.

Law Firm: Harneys  | Published: 29 February 2012 | Practice Area: Mergers & Acquisitions

Rating: 1 person found this useful

Changes to patent and trademark law in the Cayman Islands

Effective from 7 December 2011, the Cayman Islands legislature passed the Patents and Trade Marks Law which repeals and replaces the previous law and introduces some significant changes to patent and trade mark law in the Cayman Islands. This briefing from Harneys details the new rules in full.

Law Firm: Harneys  | Published: 22 February 2012 | Practice Area: Patents

The 2012 guide to investment funds in the British Virgin Islands - key questions and answers

This comprehensive guide, courtesy of Harneys and The Practical Law Company, uses a question and answer format to examine in detail the types of retail and hedge funds in the BVI, the regulatory framework that governs them and the requirements that apply to managers or operators of these funds.

Law Firm: Harneys  | Published: 25 January 2012 | Practice Area: Regulation and Compliance

Rating: 3 people found this useful

Recognising your limits: the treatment of segregated portfolio companies in onshore liquidations

The British Virgin Islands promotes a type of company known as 'segregated portfolio companies'. This article explores the likely way in which a court in an onshore common law jurisdiction may deal with the various issues which would arise in relation to an insolvent British Virgin Islands SPC.

Law Firm: Harneys  | Published: 12 December 2011 | Practice Area: Corporate Financing

Rating: 2 people found this useful

Disclosure orders – a weapon to track and recover assets

This article from offshore specialists Harneys outlines how disclosure orders constitute an important weapon for the tracking down and recovery of assets, and therefore, an important area in both the Commercial Court and the High Court.

Law Firm: Harneys  | Published: 08 December 2011 | Practice Area: Sales and Asset Finance

Contact Harneys

Craigmuir Chambers, PO Box 71

Road Town

Tortola

http://www.harneys.com/index.php