Offshore Trust - Effective Estate Planning, You Decide
The creation of offshore trusts and other financial plans is a way of shielding your assets from the laws of the nation in which you reside.
The creation of offshore trusts and other financial plans is a way of shielding your assets from the laws of the nation in which you reside.
Having an offshore banking account, corporation or trust are common themes in legal thrillers, spy novels and eastern European politics.
Rights of Minority Shareholders In the decision of the Court of Appeal in Profinance Trust SA v Gladstone (Case No: A3/2000/0435, 2 July 2001) ('Profinance'), the rights of minority shareholders to have their shares purchased by other shareholders or the company under Sections 459-461 of the Companies Act 1985 (as amended) was extensively considered by Robert Walker LJ.
When you are looking at a company or business purchase, for a buyer the answer will usually be that it will be simpler quicker and more cost effective to buy the assets of a business rather than the shares itself.
There was Breaking News in the investment fraud world today, as Enron executives Kenneth Lay and Jeffrey Skilling were convicted of criminal charges.