Appointment of Two Justices to the Cayman Islands Court of Appeal
Her Excellency the Governor, Jane Owen, is pleased to announce the appointments of the HonourableSir Anthony Smellie and Ms. Clare Montgomery KC to the Cayman Islands Court of Appeal. During the period 15 September 2023 to 22 October 2023, the…
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Cayman Islands Court of Appeal confirms availability of Norwich Pharmacal relief in foreign proceedings in Arcelormittal USA LLC v Essar Global Fund Limited & ors
By Jamie Curle, Charles Allin and George Bonomini From DLA Piper Cayman Islands, United Kingdom May 18 2021 Norwich Pharmacal1 relief allows a claimant to obtain disclosure of information and documents held by a third party which is innocently caught up in the wrongdoing of the…
Privy Council backs Cayman pari passu clawbacks in Weavering liquidation
By Dominic Lawson From Global Restructuring Review The UK Privy Council has upheld recovery payments secured by liquidators of a Cayman Islands vehicle under the pari passu principle, marking the first successful clawback of shareholder redemption payments in the jurisdiction…
Cayman Islands Court provides valuable guidance on dealing with frozen assets under Libyan sanctions
By Mirza Manraj and Nick Hoffman From Harneys In Palladyne International Asset Management B.V. v Upper Brook (A) Ltd and Others[1], the Grand Court of the Cayman Islands issued important judicial guidance regarding the extent to which the dealing restriction under…
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Cayman Islands: Court grants Mandatory Arbitration Stay in Winding Up proceedings
By Nick Dunne, Andrew Gibsin abd Xia Li – Walkers From Mondaq In the recent case of In the matter of China CVS (Cayman Islands) Holding Corp., Kawaley J of the Grand Court of the Cayman Islands (the “Court“) provided some…
Cayman Islands Court of Appeal successes for No5’s Philip Rule
From Lawyer Firm Rule Case No. 27 of 2017 The Court (Presided over by the Rt Hon Sir John Goldring, President, the Hon Sir Richard Field and the Hon Dennis Morrison, Justices of Appeal) announced that it was allowing the appeal…
Cayman Islands Court of Appeal – Receivers ‘sell’ away into the sunset!
From Harneys In a recent decision of the Grand Court of the Cayman Islands in Sellten Polska SP. Z.O.O. v JSC Mezhdunarodniy Promyshlenniy Bank, the Honourable Justice Mangatal approved an application by the joint receivers of DB Marine, to sell…
Cayman Islands Court result in burglar case – quote from Supt.
From RCIPS As you know, we do not usually put out releases on court results, however, I wanted to just drop you a note regarding a good result in court yesterday in the case of John Schirn, the man who…
Ocean Rig UDW says Schemes of Arrangement receives approval from Cayman Islands Court
By Sonia Wilson from Fairmount Times Ocean Rig UDW (ORIG) said Monday that the Grand Court of the Cayman Islands has sanctioned the schemes of arrangements of the company and its subsidiaries, Drill Rigs Holdings Inc., Drillships Financing Holding Inc.,…
Harneys announces two new litigation partners in Cayman Islands
Harneys is pleased to announce Madeleine Heal and Nick Hoffman have joined its Cayman Islands litigation practice as partners effective 12 July 2017. The duo will bring a significant level of experience to the firm’s leading Cayman litigation practice, which…
