Hashtag: #ParadisePapers

Appleby, Guardian & BBC Settle Paradise Papers

Appleby, Guardian & BBC Settle Paradise Papers

Appleby, Guardian and the BBC “have resolved their differences in relation to Appleby’s breach of confidence claim against the Guardian and the BBC arising from the Paradise Papers,” Appleby announced today, with both the BBC and the Guardian also reporting the matter has been settled. The Guardian reported, “Litigation brought against... Read more of this article

Richards Points Out ‘Inherent Inconsistency’

Richards Points Out ‘Inherent Inconsistency’

While speaking at the recent Offshore Alert conference, former Finance Minister Bob Richards pointed out the “inherent inconsistency” that the ICIJ’s positioned itself as the “arbiter of the privacy rights” of the people in the Paradise Papers, but at the same time protected the privacy of the source who obtained the documents. This... Read more of this article

Bob Richards To Speak At Conference In Miami

Bob Richards To Speak At Conference In Miami

Former Finance Minister Bob Richards will be speaking at the OffshoreAlert Conference in Miami in April, the organisers announced today, with Mr Richards set to join former Premier Michael Dunkley who was already announced as one of the speakers. The announcement said, “Richards, who is an investment manager by profession, will join former Bermuda... Read more of this article

Dunkley To Speak On Paradise Papers In Miami

Dunkley To Speak On Paradise Papers In Miami

Former Premier Michael Dunkley will discuss the ‘Paradise Papers’ at the upcoming OffshoreAlert Conference in Florida, where he will take part in a session entitled ‘The ICIJ v. OFCs: Witch-Hunt Or Public Service?’ OffshoreAlert’s announcement said, “A former Government leader of Bermuda – where leading offshore... Read more of this article

No Court Transfer For ‘Paradise Papers’ Case

No Court Transfer For ‘Paradise Papers’ Case

Following an application made by the BBC and supported by the Guardian, the British Court has declined to order a transfer of the Appleby “Paradise Papers” matter to another Court, stating both Courts are “sufficiently experienced and able to address the issues.” Mrs Justice Rose dismissed the application to remove the case from... Read more of this article

Guardian: Appleby Clients Included Banned Bank

Guardian: Appleby Clients Included Banned Bank

Appleby is back in the news again, with the UK’s Guardian reporting the law firm to have provided services to FBME Bank, which is banned from the US financial system due to a number of allegations against it, with Appleby withdrawing from acting as the FBME holding company’s registered agent in 2015. The story said, “Appleby represented... Read more of this article

Appleby Legal Action Over ‘Paradise Papers’

Appleby Legal Action Over ‘Paradise Papers’

Law firm Appleby is “taking legal action” against the BBC and the Guardian following their reporting of documents in the “Paradise Papers” matter, according to a reports from the the Guardian and the BBC. The Guardian story said, “In legal correspondence, Appleby has also demanded that the Guardian and the BBC disclose... Read more of this article

Column: Paradise Papers, The Rest Of The Story

Column: Paradise Papers, The Rest Of The Story

[Opinion column written by Ross Webber] Amid the hype of this month’s “Paradise Papers,” some key ingredients have gone missing—the rest of the story. The insidious campaign, waged by the International Consortium of Journalists [ICIJ] using data from an illegal hack of Appleby, is well-choreographed and evidently well-funded. Proponents of... Read more of this article

Other Nations Called To Meet ‘Bermuda Standard’

Other Nations Called To Meet ‘Bermuda Standard’

Saying they note “continuing reporting on matters arising from an illegal, multi-territory cyber breach of an international offshore legal services firm, including its office in Bermuda,” the Bermuda Government said they have “mutual tax treaties that represent agreements with over 100 countries,” and called on G20 and OECD members... Read more of this article

BDA & Industry Respond To Paradise Papers

BDA & Industry Respond To Paradise Papers

“Reportage about hacked data from global law firm Appleby has highlighted the substantial lack of media understanding of offshore investment structures and Bermuda’s long-time reputation for tax transparency and cooperation with international authorities,” the Bermuda Business Development Agency said. “Bermuda is committed to the... Read more of this article

Premier David Burt On Paradise Papers

Premier David Burt On Paradise Papers

“Bermuda’s reputation will survive this latest series of events” and the island’s “leadership as a cooperative jurisdiction for tax transparency, inclusive of our over 70 year old central registry on beneficial ownership is a key reason why the attacks being made on Bermuda in relation to the Paradise Papers are untrue.” These... Read more of this article

ICIJ Report MP Dunkley’s Comments On Appleby

ICIJ Report MP Dunkley’s Comments On Appleby

The International Consortium of Investigative Journalists [ICIJ] reported on former Premier Michael Dunkley’s comments saying that Appleby may “not be a viable entity going forward,” posting his comments on their website and in their email newsletter. In reporting on various reactions to the Paradise Papers from around the world, the... Read more of this article

Sanders Calls For U.S. Congress To Investigate

Sanders Calls For U.S. Congress To Investigate

Following the release of the Paradise Papers, former Democratic Presidential candidate Senator Bernie Sanders has written a letter calling on the U.S. Congress to conduct an investigation. Senator Sanders, a self described democratic socialist who is the longest serving independent member of Congress in American history, wrote to Republican Senator... Read more of this article