Sentences with phrase «for offshore assets»

Representing a European utility in a Commercial Court dispute with a former joint operating partners in relation to the provision of decommissioning security for an offshore asset in the North Sea.

Not exact matches

It can cost as much as $ 50,000 to set up an offshore asset - protection trust, and $ 10,000 or more for a U.S. - based one.

Clockwise from left: Hannah Grove, Chief Marketing Officer; Karen Keenan, Chief Administrative Officer; Liz Roaldsen, EVP, responsible for leading the Beacon digital transformation initiative; Lynn Blake, Chief Investment Officer of Global Equity Beta Solutions; (on monitor from Dublin) Susan Dargan, Management and future development, offshore business and Alternative Investment Services; (on monitor from London) Maria Cantillon, EVP and Global Head of Alternative Asset Managers Solutions; Martine Bond, EVP for Trading and Clearing; Kim Newell, EVP and head of Global Markets Europe, Middle East and Africa, State Street; Brenda Lyons, Head of the Specialized Products Group; Kathy Horgan, Chief Human Resources and Citizenship Officer; and Lori Heinel, Deputy Global Chief Investment Officer.

Steve Pastor, BHP's president for petroleum operations, said this week the company would consider swapping certain onshore oil and gas assets with competitors» offshore assets as part of its effort to exit U.S. shale operations.

According to CBRE, Australia's commercial real estate remains an attractive asset class for offshore capital, with foreign investors accounting for 33 % of all transaction activity in the first half of 2017.

For instance, since President Mauricio Macri introduced a tax - amnesty deal to encourage those Argentines holding an estimated total of $ 500 billion in offshore assets to declare their funds, banks have been instrumental in facilitating their recovery.

There has been some interest from offshore, but it is unclear if anyone is keen to bid for the entire business or just wants to pick off individual assets.

Uboh also alleged that the EFCC had not accounted for «offshore recoveries» and that «over half of the assets seized from suspects are not reflected in EFCC exhibit records».

In addition, a new «asset - based» penalty is being introduced (Sch 22 FA 2016) for the most serious cases of evasion with an offshore connection.

Opening and maintaining an offshore bank account for your Belize IBC, Belize LLC, Belize Foundation, or Offshore Trust is an important component of your asset protection or tax planning strategy.

Add in the significant environmental benefits of offshore wind, especially in light of the new carbon regulations from power plants, and offshore wind may prove to be an extremely valuable asset for our state.

«We'll prudently maintain our offshore wind assets — which includes working with the Bureau of Ocean Energy Management (BOEM) on a lease for the Delaware project — and continue to seek a buyer or major investor for that project.»

He has 12 years» experience of major commercial litigation in such diverse areas as bribery and corruption of senior executives and misappropriation of corporate assets (including the 24 - week Fiona Trust trial), international arbitration (typically LCIA, ICC, LMAA and UNCITRAL and frequently for or against states or state - owned companies), proceedings in the Commercial Court under the Arbitration Act 1996, banking litigation, offshore engineering, shipping and insurance.

It has also handled various matters for E.ON Climate & Renewables, including assisting with the disposal of transmission assets to the offshore transmission owner, drafting and negotiating an interface agreement and advising on construction contracts, crossing and proximity agreements and security transfers.

«The BVI remains firmly entrenched as one of the premier offshore jurisdictions, particularly for international transactional work and asset holding structures.

In couple disputes, what are the challenges of tracking assets that are held internationally — in an offshore trust for example?

What this all means for Canadian taxpayers is that countries around the world are beginning to take note of the success that anti-tax evasion legislation is having, and both the tax authorities and major banks are starting to increase transparency in an effort to prevent taxpayers from hiding offshore assets through jurisdictions that are were traditionally known for their secrecy.

Without doubt it was material to the decision that the offshore company was formed to do one thing and one thing only (to acquire an asset for more than it was worth and trigger a tax loss) but practitioners should take heed of the trend these two cases demonstrate.

It doesn't take an offshore account for one spouse to hide assets from the other, so it's not an uncommon occurrence in divorce cases.

For example, there is no point in advising a client to move his assets into an offshore trust if that will destroy a relationship with his soon - to - be ex or drive an inappropriate wedge between him and other members of his family.

Charles Thomson Qualified: 2004 Made partner: 2014 Key cases: Acted in the Grupo Torras case for the past decade, assisting the Kuwaiti government to obtain and enforce judgments around the world and to successfully restrain and recover assets that were stolen through a sophisticated series of frauds and concealed in offshore trust structures and other asset protection vehicles.

In some cases, it is appropriate to move assets offshore so they are even more difficult for a claimant to attach.

However, commentators in that country have suggested that its citizens are far more likely to make use of offshore entities in Crown Dependencies such as the Channel Islands for the purposes of sheltering assets.

Stephen has been practising offshore for close to 20 years, advising on a full range of commercial cross border matters including joint ventures, mergers, acquisition finance, asset and project finance, investment funds, alternative investments, private equity and capital market transactions.

For RND settlors who retain an interest in a trust, ie where the settlor and / or a family member can benefit from the trust, there will, as predicted, be a UK CGT liability on gains realised by non resident trustees on UK situs assets on an arising basis and on offshore gains remitted to the UK.

• Acting for Bank in major refinancing transaction for Bermudan shipping and offshore facility operator in managing the Australian law and asset security aspects of USD400M deal;

The issues that confronted Mrs Charman were typical of those faced by partners in claims for ancillary relief where there are substantial assets held in offshore trusts: - How to get information about the trust.

The position can be further complicated if, for example, the business is active and has assets around the world, all held in a complex web of inter-related onshore and offshore corporate and trust structures.

Acted for a Russian wife married to Saudi businessman with assets in China, US, Switzerland and three European countries and trusts in three offshore jurisdictions.

While I usually take issue with the «only for the wealthy commentary about insurance ``, private placement life is suited for the wealthier investors in the same way as, say, offshore asset protection.

Cryptocurrency trading is one of several ways in which citizens have sought to evade these restrictions, as these assets have no respect for borders and can be exchanged for a number of foreign fiat currencies on offshore platforms.

Pension fund advisors, insurance companies, private equity groups, offshore buyers and local operators are all competing for the assets.

Despite fears of continued interest rate hikes and global economic uncertainty, the U.S. commercial real estate market has become a haven for offshore investors, who are pumping record amounts of capital into U.S. assets.

According to CBRE, Australia's commercial real estate remains an attractive asset class for offshore capital, with foreign investors accounting for 33 % of all transaction activity in the first half of 2017.