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…
Third party litigation funding in the Cayman Islands: A shift in policy
By Marc Kish and David Freeman From Ogier In a recent landmark decision of the Grand Court in A Company and A Funder 1, the Court has approved a third party litigation funding agreement and in doing so given a…
Foundation Companies may now be incorporated in the Cayman Islands
By Morven McMillan, Maxine Bodden, Ray Davern, Alex Way From Maples & Calder The Cayman Islands Foundation Companies Law (the “Law”), which was enacted earlier this year subject to a commencement order, has now been brought fully into effect. Foundation…
Cayman Islands – Voluntary Liquidation: The right way to investigate an alleged wrong
Article by James Eldridge and Luke Stockdale From Maples and Calder In a decision that will reassure investors in Cayman Islands investment funds and other vehicles, the Grand Court has shown its willingness to facilitate the investigation of legitimate concerns…
Cayman Islands judge involved in accident arrested for DUI
From RCIPS Single-Vehicle Accident Last Night on West Bay Road, 4 September Last night, 4 September, just before 10:15PM, police and emergency services responded to a report of a single-vehicle accident on West Bay Road in the vicinity of the…
The Editor Speaks: Do we really need a new courthouse?
I was under the impression we most definitely do. It has been a case of ‘soon come’ that means ‘no time soon’. Chief Justice Anthony Smellie has long advocated the need for a new courthouse. Back in 2013 when the…
The rise of Arbitration in the Cayman Islands
By ANDREW PULLINGER and JEREMY DURSTON From Campbells When will mankind be convinced and agree to settle their difficulties by arbitration? Benjamin Franklin, 1783 Anecdotally, there has been a marked increase recently in the use of arbitration as a means…
Cayman Islands: Third Party claims against trustees: Resolving competing claims over trust assets
By Mark Chudleigh and Caitlin Conyers Sedgwick Chudleigh From Mondaq For professional trustees and their insurers, the ability to obtain an indemnity from trust assets in the face of a claim against a trustee by a third party is obviously…
Families and Firewalls—New Trusts Case Law in the Cayman Islands
Article by Robert Lindley and Bernadette Carey From Conyers Dill & Pearman Private Client analysis: Robert Lindley, counsel & head of private client and trust department for both the Cayman Islands’ and British Virgin Islands’ offices of Conyers Dill &…
Borrelli Walsh (Cayman) Limited announces VisionChina Media Inc placed in Liquidation and Delisting Shares
GRAND CAYMAN, Cayman Islands, 2017-03-15 22:43 CET (GLOBE NEWSWIRE) — The following news is being issued by Borrelli Walsh (Cayman) Limited, representatives of VisionChina Media Inc (NASDAQ:VISIN) (“Company”) – the Company announces today that by order of the Grand Court…
