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O'NEAL WEBSTER ADVISES FREDONIA MANAGEMENT LIMITED ON THE LISTING OF ITS GOLD-SILVER EXPLORATION BUSINESS ON THE TORONTO VENTURE EXCHANGE BY WAY OF A THREE-CORNERED BVI STATUTORY MERGER
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O’Neal Webster acted as British Virgin Islands counsel to Fredonia Management Limited (Fredonia Management) in its three-cornered statutory merger with Fredonia Mining Corp., a BVI incorporated subsidiary of Fredonia Mining Inc. (formerly Richmond Road Capital Corp), under BVI law in a Qualifying Transaction in accordance with Toronto Venture Exchange guidelines. As a result of the three-cornered merger, Fredonia Management shareholders are now shareholders of the listed entity, Fredonia Mining Inc., of which Fredonia Management is now a wholly-owned subsidiary.
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NUS SCHOOL OF COMPUTING TO CREATE CUSTOMISED FINTECH TRAINING COURSE FOR BVI
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A customised FinTech course is being launched in the BVI to help boost the skills of professionals in the area of FinTech. This customised FinTech course is in collaboration with Financial Services Institute (FSI) at the H. Lavity Stoutt Community College, BVI Finance, the National University of Singapore (NUS), School of Computing. The course is created by National University of Singapore, School of Computing, Strategic Technology Management Institute who partnered with the NUS FinTech Lab.
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HARNEYS ANNOUNCES 2021 MID-YEAR PROMOTIONS
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Harneys is pleased to announce the promotion of 32 of its employees globally. The promotions include five senior associates and two senior legal managers. Partner promotions occur annually in January.
The firm’s new senior associates are: Ian Chambers from BVI Corporate, Kimberly Seagojo from BVI Investment Funds & Regulatory, Strachan Gray from Hong Kong Litigation, Insolvency & Restructuring, Vivian Ma from Shanghai Litigation, Insolvency & Restructuring, and Lily Zhang from Shanghai Transactional. The new senior legal managers are Ida Nylund and Sui Hung Yeung from Hong Kong Litigation, Restructuring & Insolvency.
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MY LEGAL LIFE: BVI MANAGING PARTNER ELLIE CRESPI
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I qualified at CMS Cameron McKenna. I was seconded to Moscow as a trainee, and during that time I received an offer to join Allen & Overy on qualification. The quality of work – both in terms of cutting-edge transactional work and having the opportunity to take on much more responsibility than someone of my PQE might otherwise, coupled with my being a complete Russophile – made it a very easy choice.
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Click here to view pricing and order form.
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ECONOMIC SUBSTANCE FOR THE BRITISH VIRGIN ISLANDS
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The Economic Substance (Companies and Limited Partnerships) Act, 2018 (the Act) came into force on 1 January 2019 (with certain retroactive revisions being made shortly thereafter) and applies to all companies and limited partnerships registered in the British Virgin Islands (or foreign companies and limited partnerships doing business in the territory), other than British Virgin Islands registered companies or limited partnerships that are "non-resident" in the British Virgin Islands. The Act applies to existing entities and new entities incorporated or formed from 1 January 2019.
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