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Grand Cayman
Cayman Islands
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By Mo Haque QC, Andrew Pullinger
Mo Haque QC and Andrew Pullinger are the authors of the Cayman Islands chapter of the publication Global Legal Insights to: International Arbitration 2018, which is accessible here.
By John Wolf, Robert Searle
In response to the FATF recommendations to combat money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction, there have been significant changes to the anti-money...
By Andrew Pullinger
In a Ruling that will be of interest to users of the Cayman courts, the Grand Court has ordered a Cayman fund in liquidation to pay as damages, the costs of foreign proceedings commenced in breach of contract ...
By Guy Manning, Hamid Khanbhai
When settling a list of shareholders in a solvent liquidation of a Cayman Islands company that has issued redeemable shares tied to a NAV, what is the scope of an official liquidator's power to rectify...
By Guy Manning, Guy Cowan, Mark Goodman
This year's Chambers Global Practice Guide to Insolvency Law in the Cayman Islands was once again authored by Guy Manning, Guy Cowan and Mark Goodman of Campbells.
By Andrew Pullinger, Shaun Tracey
In a judgment delivered on 13 February 2018, the Grand Court of the Cayman Islands granted an anti-suit injunction to restrain the joint official liquidators of Argyle Funds SPC...
By Jeremy Lightfoot, Guy Manning
The Privy Council has upheld changes to a BVI company's Articles of Association, despite these changes being motivated by a desire to exclude a minority shareholder.
By Richard Spencer
The stratospheric rise in the value of cryptocurrencies throughout 2017, coupled with significant price volatility, caught the attention of the world at large.
By Shaun Tracey, Jeremy Lightfoot
In A Company v A Funder, the Grand Court of the Cayman Islands has approved third party funding of commercial litigation in a case that falls outside of the typical insolvency context.
By Guy Manning, Jeremy Lightfoot, Liam Faulkner
In doing so, the Court of Appeal clarified two important points of BVI law and practice which will be of widespread application...
By John Wolf, Hamid Khanbhai, Mark Adams
A new corporate entity has been introduced to the Cayman Islands in the form of the Foundation Company ("Cayman Foundation"), under the Foundation Companies Law 2017 which is now in force.
By Mark Goodman, Hamid Khanbhai
In Ocean Rig, the Grand Court sanctioned four inter-related schemes of arrangement (the "Schemes"), as part of a group restructuring of over US$3.69 billion of New York law governed debt...
By Andrew Pullinger, Shaun Tracey, Hamid Khanbhai
In a landmark judgment of the Grand Court of the Cayman Islands delivered on 23 August 2017 in Primeo Fund (in Official Liquidation) ("Primeo") v Bank of Bermuda (Cayman) Ltd ("BBCL") and HSBC Securities Services...
By Andrew Pullinger, Hamid Khanbhai
In a novel judgment of Mr Justice McMillan delivered on 1 August 2017, the Grand Court of the Cayman Islands awarded costs against non-parties that did not fund or control the proceedings in issue.
By Andrew Pullinger, Jeremy Durston
Anecdotally, there has been a marked increase recently in the use of arbitration as a means by which to resolve commercial disputes in the Cayman Islands.