BVI Company News

Offshore law firm Ogier, advising on the British Virgin Islands, Cayman Islands, Guernsey and Jersey law and providing fiduciary services, announced that it is opening a boutique practice in Luxembourg. By this, Ogier becomes the first offshore law firm with an onshore presence in this country.

Chief executive officer of the Ogier group Nick Kershaw said: “The new office is being driven by client demand, as many of our existing clients currently use or have expressed an interest in using Luxembourg, either standalone or as part of an offshore structure. Having a Luxembourg legal capability will therefore complement our existing suite of services.”

The Luxembourg office will be led by Francois Pfister, supported by Ogier Jersey partner Daniel Richards.

In addition to the new legal outpost, later this year Ogier plans to establish a corporate and fund administration busuiness in Luxembourg. Last year, offshore law firm opened its first Chinese office in Shanghai, in addition to an office in the Hong Kong offshore jurisdiction, which was established in 2006.

Currently, Ogier employs 850 people worldwide and has offices in Bahrain, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland, Jersey, London and Tokyo.

NHS Health Solutions, Inc. has announced that its wholly owned subsidiary, a British Virgin Islands-registered corporation Mineseeker Operations Overseas Limited has made significant advancements toward its target to be under revenue by the second quarter of 2012. During the past 5 months, the BVI company has invested in excess of US$200,000 in order for the data collected during trials in Croatia to be processed and finalised. Mineseeker will also make available samples of the images to the market in general.

This month, the management team of the BVI company have been asked to travel to Mozambique to present the results of the trials to government ministers responsible for humanitarian demining and the oil and gas sectors. Mineseeker is confident that it will secure letters of intent for both the humanitarian projects and for the liberation of land in the oil and gas concessions as a result of these meetings.