Cayman Islands: Privy Council upholds Court of Appeal Decision on CIMA powers
On 13 July 2018, the Judicial Committee of the Privy Council in London issued a decision on 13 July to refuse Select Vantage Inc.’s application for permission to appeal a decision of the Cayman Islands Court of Appeal. In refusing…
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Cayman Islands: Shanda Games- Court of Appeal confirms timing for leave to appeal to Privy Council
Contributed by Harney Westwood & Riegels LLP From ILO The Court of Appeal has ruled that for the purposes of an application for leave to appeal to the Privy Council, time runs from the date on which an order is…
LATIN AMERICA & THE CARIBBEAN: A Legal Guide for Business Investment and Expansion – Bermuda
by MERITAS – Law Firms Worldwide From JD SUPRA 1. What role does the government of Bermuda play in approving and regulating foreign direct investment? The government of Bermuda welcomes foreign investment in Bermuda and is committed to working with…
Privy Council dismisses Caribbean bank account dispute
From Marilyn Stowe UK Funds held in joint bank accounts are subject to the arrangements set out in the opening documents, even if one of the holders subsequently dies, the Privy Council has ruled. In Whitlock v Moree, it considered…
UK’s Privy Council confirms Cayman Islands GC decision ‘redeemed’ Madoff investors are creditors
By Helen Burggraf From International Investment In what has been called a decision “of significant interest to the fund industry”, the UK’s Privy Council has upheld a ruling by the Cayman Islands Grand Court which held that redeemed but unpaid investors…
Privy Council upholds Turks and Caicos Islands government asset recovery claim
From Caribbean News Now LONDON, England — On Monday, the Privy Council in London dismissed an appeal by Akita Holdings Ltd against the Turks and Caicos Islands (TCI) government, affirming the decisions of the Supreme Court and Court of Appeal…
Indian jurist urges Caribbean nation to replace privy council in London
By Paras Ramoutar From INDIA NEW ENGLAND NEWS Port-of-Spain– Eminent Indian jurist B.N. Srikrishna has urged Trinidad and Tobago to fully adopt the Caribbean Court of Justice (CCJ) as its final court of appeal rather than the Privy Council in…
Raising the Bar: Sir Dennis Byron charts new course for Caribbean justice
By Gerard Best From Caribbean News Now PORT OF SPAIN, Trinidad — After Sir Dennis Byron was sworn in as president of the Caribbean Court of Justice (CCJ) in September 2011, it was no surprise that he immediately set about…
Court clarifies ranking of shareholder claim
November 17 2016 | By Authors Lachlan Greig, Marc Kish, Joanne Verbiesen Contributed by Harney Westwood & Riegels LLP From ILO Offshore Services Cayman Islands Introduction Facts Legislative framework Decision Comment Introduction The Cayman Islands Court of Appeal decision in…
Cayman Islands: Cayman decision of Herald Fund SPC
Article by Lachlan Greig, Marc Kish and Joanne Verbiesen, Harneys From mondaq Investors’ claims for unpaid redemption proceeds in winding up of Cayman Islands investment funds Introduction The Cayman Islands Court of Appeal decision in In the matter of the…
