General

Our Corporate and Commercial team has extensive international and domestic experience and advises in a variety of transactional work including corporate structuring, mergers and acquisitions, joint ventures and financing. The team also advises on restructuring and re-organizations, liquidations and receiverships, initial public offerings of TCI entities and re-domiciliation, and a wide variety of contractual matters. Additionally, the firm provides TCI advice to international advisors and financial institutions in relation to international transactions entered into by …

The firm is widely regarded as the pre-eminent litigation practice in the TCI. The firm’s litigation attorneys have been involved in most of the major commercial cases, including high profile multi-jurisdictional disputes, in recent years. Our practice includes all aspects of civil and commercial litigation including insolvency, asset tracing, intellectual property disputes, professional negligence, trust litigation, corporate and shareholder disputes and fraud. The team frequently advises overseas lawyers on matters of TCI law. Our litigation …

Our employment team advises on employment and industrial relations law in the TCI. Our Attorneys help clients navigate domestic and international issues, with particular expertise in advising some of the biggest employers in the Turks and Caicos Islands. Our lawyers advise most of the major new resort development projects that are in the jurisdiction today. We advise on M&A, service contracts, contracts of employment, employment handbooks, confidentiality, and restrictive covenants. We also advise on employee …

The Financial Services team acts as lead counsel to numerous local financial institutions and also specializes in the provision of regulatory and structural advice to international financial institutions. As an international offshore financial center, TCI has in place extensive anti-money laundering and anti-terrorist financing legislation and upon which the team provides advice. The team also advises local and international financial institutions on security and lending issues involving TCI entities and on local regulatory and licensing …

An inevitable by-product of the growth of the Turks and Caicos Islands economy and growth as an offshore financial center has been an increase in the volume of corporate receiverships and liquidations. Much of the work is of an international nature and our attorneys frequently work as part of a global team with other top law firms in multiple jurisdictions. The firm’s insolvency lawyers have been involved in almost all of the significant insolvency and …

In addition to providing intellectual property advice, the firm specializes in TCI Trademark registration and administration. A Trademark must be registered with the Register of Trademarks in TCI to be protected within TCI. In regard to Patents, a Patent must have already been registered in the UK prior to the registration of the Patent being sought in TCI. Copyright is recognized in TCI and generally, protection exists automatically without the need for registration and provided …

Special trusts of company shares (STOCS trusts), purpose trusts, and enhanced creditor protection provisions all included in a wholesale and exciting revamp of TCI’s trusts statute Owen Foley of Misick & Stanbrook looks at TCI’s new Trusts Ordinance. Background As a British Overseas Territory with no direct taxes, the Turks and Caicos Islands (TCI) has been an attractive domicile for trust establishment by high-net-worth individuals and their advisers for many years. However, in the recent …

Now that we are in election season here in TCI, many clients are being asked for political contributions. In light of TCI’s recent history, that causes concern as to what, if anything, is permissible, hence this brief legal summary: The matter is now regulated by the Political Activities Ordinance 2012. Part IV of the Ordinance deals with donations to political parties, but the aspects referred to below apply likewise to donations to independent candidates. We …

Sam Nicholls and Dominique Rolle recently hosted a very successful employment law seminar on “How to Conduct a Successful Disciplinary”. The two hosts discussed the key aspects of disciplinary proceedings. The talk was extremely well attended by leading HR officers from the major employers in Providenciales. If you are interested in attending a talk hosted by Misick & Stanbrook, please contact: info@misickstanbrook.tc.

Clients are first directed to our client memo on the general principles regarding fractional ownership of real estate in the Turks and Caicos Islands on our website (www.misickstanbrook.tc/fractional-ownership-TCI/). So, you have read that and you have a property that you would like to submit for fractional registration: what happens next? 1. Application for Registration of your Scheme An application for registration of a fractional interest scheme with respect to a particular villa or strata lot …