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Special Purpose Vehicles

Kia announces global sales record for 2023 and shares 2024 targets

Kia Corporation announced today global sales of 3,085,771 vehicles in 2023, posting a new annual global sales record. This represents a 6.3 percent increase compared with the same period last year. Excluding special purpose vehicles, Kia’s 2023 sales in markets outside…

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Guide to STAR Trusts in the Cayman Islands

By Gary Smith Loeb Smith Cayman Islands February 27 2017 The Special Trusts (Alternative Regime) Law, 1997, now incorporated into Part VIII of the Trusts Law (2011 Revision) (the “Law”) provides the legal basis on which private purpose trusts can…