Harneys adds new funds partner to Hong Kong team
Investment Funds

Harneys adds new funds partner to Hong Kong team

Harneys is pleased to announce that Yucheng Fan has joined the firm as a partner in the Investment Funds practice based in the Hong Kong office.
Harneys advises Etsy on US$217 million deal to acquire Elo7, “the Etsy of Brazil”
Corporate

Harneys advises Etsy on US$217 million deal to acquire Elo7, “the Etsy of Brazil”

Harneys recently represented Etsy, Inc. (NASDAQ: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, in its US$217 million acquisition of Elo7, a privately held marketplace for unique, handmade items that is ranked as a top 10 ecommerce site in Brazil.
The BVI year

The BVI year

The BVI had another busy year of cases and legislation. We did not experience the worst ravages of COVID but, like other Courts, the BVI Commercial Court moved to online hearings and trials. After adjusting to this new World, the Court continued its business relatively smoothly, although it was notable that the Court, and counsel, still like their physical bundles.
Harneys ranked Band 1 in the Chambers HNW guide for fifth consecutive year
Private Wealth

Harneys ranked Band 1 in the Chambers HNW guide for fifth consecutive year

Harneys is at the top of the Chambers High Net Worth rankings, listed as Band 1 for offshore trusts in the British Virgin Islands, whilst remaining Band 2 in the Cayman Islands rankings. This is the fifth year in a row the firm has received this accolade.
Practical considerations for BVI economic substance (ES) reporting
Economic substance in the BVI

Practical considerations for BVI economic substance (ES) reporting

All BVI companies and limited partnerships must report on their ES position annually (this includes foreign companies and limited partnerships registered in the BVI). The ES legislation was amended in July 2021 to bring limited partnerships without separate legal personality within the regime.
The Cayman Lawyer: Episode three - The next generation of Caymanian lawyers
Litigation & Insolvency

The Cayman Lawyer: Episode three - The next generation of Caymanian lawyers

On this episode of the Cayman Lawyer, Litigation and Insolvency partner and director of the Harneys articled clerk programme, Katie Pearson is joined by associates and recent articled clerk graduates Natasja Levy and Moesha Ramsay-Howell as they discuss starting their legal careers, and their experience with the articled clerk programme.