Offshore Financing

This regularly updated looseleaf is designed to help practitioners to ascertain the appropriate laws governing transactions involving security over assets in offshore jurisdictions and to ensure that the transaction complies with those laws and will not be challenged. In doing so, it performs two major functions: firstly, it acts as a reference source to the relevant rules and regulations; and secondly, it gives practical guidance, including examples, specimen letters and forms, for the successful carrying out of such transactions. A multi-jurisdictional approach is taken, covering each of the major offshore centres. For each jurisdiction, there is an explanation of the types of company which exist and how they operate. Then, the practice and principles involved with the taking of security are set out. Finally, formal and informal insolvency procedures are explained, leading to coverage of so-called suspect transactions, such as those found to have taken place shortly before an insolvency.
The offshore areas covered are: Aruba; Bahamas; Barbados; Bermuda; British Virgin Islands; Cayman Islands; Cyprus; England and Wales; Gibraltar; Guernsey; Ireland; Isle of Man; Jersey; Liberia; Liechtenstein; Luxembourg; Monaco; Netherlands Antilles; Panama; Scotland; Switzerland; and Turks and Caicos.
 
This regularly updated looseleaf is designed to help practitioners to ascertain the appropriate laws governing transactions involving security over assets in offshore jurisdictions and to ensure that the transaction complies with those laws and will not be challenged. In doing so, it performs two major functions: firstly, it acts as a reference source to the relevant rules and regulations; and secondly, it gives practical guidance, including examples, specimen letters and forms, for the successful carrying out of such transactions. A multi-jurisdictional approach is taken, covering each of the major offshore centres. For each jurisdiction, there is an explanation of the types of company which exist and how they operate. Then, the practice and principles involved with the taking of security are set out. Finally, formal and informal insolvency procedures are explained, leading to coverage of so-called suspect transactions, such as those found to have taken place shortly before an insolvency.
The offshore areas covered are: Aruba; Bahamas; Barbados; Bermuda; British Virgin Islands; Cayman Islands; Cyprus; England and Wales; Gibraltar; Guernsey; Ireland; Isle of Man; Jersey; Liberia; Liechtenstein; Luxembourg; Monaco; Netherlands Antilles; Panama; Scotland; Switzerland; and Turks and Caicos.