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MacGillivray on Insurance Law: Relating to all Risks Other than Marine

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Offshore Legal Opinions in Loan and Security Transactions


ISBN13: 9780421507708
ISBN: 0421507705
Published: December 1996
Publisher: Sweet & Maxwell Ltd
Country of Publication: UK
Format: Hardback
Price: Out of print



This work covers the information sought in formal legal opinions from lawyers qualified in offshore jurisdictions. It is intended to assist practitioners and bankers in drafting, negotiating and evaluating legal opinions on loan and security transactions entered into by offshore entities.

Covering thirteen jurisdictions, it should also appeal to those seeking preliminary information on a jurisdiction with a view to determining an appropriate offshore structure for loan or security purposes.

  • Expert contributors from each country
  • Each country's section is set out in identical format enabling easy comparison between countries
  • No other book directly covers this subject

Subjects:
Banking and Finance
Contents:
Constitutional position.
Laws and judicial system.
Relevant legal entities.
Abbreviations.
Due establishment and existence.
Entity's qualification to do business.
Capacity.
Due internal authorisation.
Due execution and proper legal form.
Official consents.
Stamp duties.
Absence of litigation.
Interest rate limitation.
Proper law.
Insolvency.
Avoidance of transactions and other matters affecting enforceability.
Immunity.
Recognition and enforcement of foreign judgments.
Taxation.
Lender's qualification to do business.
Filing and registration.
Status and validity of security.
JURISDICTIONS:
Isle of Man
Liechenstein
Malta
Netherlands
The Netherlands Antilles
British Virgin Islands
Cyprus
Gibralter
Guernsey
Jersey
Bahamas
Barbados
Cayman Islands.