Third party litigation funding in the Cayman Islands: a shift
in policy
In a landmark ruling, the Grand Court of Cayman approved a third
party litigation funding agreement.
The Court's observations have until now been restricted to
the use of funding for the benefit of impecunious liquidation
estates. This was a case involving a large multinational seeking to
take advantage of funding for other commercial reasons.
Read the full article:
Third party litigation funding in the Cayman Islands: A shift in
policy
Rare example of anti-anti-suit injunction in Guernsey
An anti-anti suit injunction is a form of anti-suit injunctive
relief granted by a particular court to stop a party pursuing an
application for an anti-suit injunction in another court. The
Guernsey Court of Appeal case of Carlyle Capital Corporation (in
liquidation) ("CCC") and others v Conway and others
handed down on 27 April 2012, sets out the Guernsey position on
anti-anti suit injunctions.
