CD&P hosts offshore forum in New York
Conyers Dill & Pearman hosted its 10th annual Offshore Law Forum earlier this month at the Four Seasons Hotel in New York.
This years forum featured an in-depth look at offshore funds litigation arising out of the global financial crisis.
A senior delegation from across Conyers jurisdictions addressed a large audience drawn from New Yorks legal, financial and professional services community. More than 100 attendees were present, including senior partners of AM Law 100 firms, fund managers, directors, bankers, administrators, accountants and financial executives.
The forum featured Conyers lawyers Robert Briant, Anthony Whaley, Alex Potts, Maree Martin, and director of business development Ross Webber, and showcased the firms expertise in Bermuda, the British Virgin Islands (BVI), the Cayman Islands and Mauritius.
One of the highlights of the forum was a discussion by Alex Potts of recent high-profile fund disputes in the courts of Bermuda, the BVI and the Cayman Islands.
The panellists also discussed the signing of Tax Information Exchange Agreements, recent activity in Initial Public Offerings, asset backed securitisations, and catastrophe bonds; the growth of Islamic financial services, and the extension of Bermudas Tax Assurance Act to 2035. The BVIs new Commercial Court and Securities and Investment Business Act was also examined, as well as the impact of the European Union Funds Directive on the offshore funds industry, and developments in Mauritius, where Conyers has acted on several major transactions this year including the listing of the first Mauritius entity on NASDAQ.
Speaking after the event, Conyers director Mr Whaley, said: As the effects of the global financial crisis continue to manifest themselves, industry players are looking for greater insight into issues arising in the major offshore jurisdictions. We are pleased to provide an interactive forum which fosters the exchange of ideas and facilitates practical discussion of regulatory developments in the offshore world.
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