360 results found

The appeal was in relation to an application for declaratory relief to the effect that Palladyne had not been validly removed.

In a recent judgment the Grand Court of the Cayman Islands confirmed that in-house counsel are "attorneys" under the Grand Court Rules for the purposes of taking steps on behalf of a body corporate...

In a decision that does much to reassert legal certainty for investors in Cayman Islands funds the Cayman Islands Court of Appeal ("CICA") has overruled a decision of the Grand Court concerning...

The Cayman Islands Court of Appeal has allowed the appeal of a creditor against a bankruptcy order made against two Cayman Islands resident debtors.

In a concise yet comprehensive recent judgment of the Cayman Grand Court which will be of interest to both practitioners and stakeholders, the Hon. Justice Asif analyzed the roles of attorneys not admitted to practice in the jurisdiction, ...

In a judgment delivered on 8 October 2018, the Cayman Islands Court of Appeal ("CICA") allowed a partial appeal by the joint official liquidators of Argyle Funds SPC Inc. (in Official Liquidation)...

The Cayman Islands Court of Appeal has provided much needed clarification of the test for validating certain transactions by companies that are subject to a winding up petition...

In a groundbreaking decision, the Grand Court has confirmed in Unicorn Biotech Ventures One Ltd (in its capacity as general partner of Rigmora Biotech Investor One LP) & Anor. V ATP III GP, Ltd [2026] CIGC (FSD) 1...

This has included auditors, administrators and custodians, as well as persons serving as independent directors.

While it is a relatively rare occurrence, circumstances can arise in the life of a trust that lead a trustee to the view that its hands are effectively tied and which potentially put the proper...

The job of a court when interpreting a written contract, including a lease, is to work out what the document means, not what either party thinks it means.

In August 2019, the Commercial Court in London ("Commercial Court") granted an asset preservation order ("APO")

The Grand Court of the Cayman Islands has granted an anti-suit injunction restraining a creditor (the "Creditor") of a Cayman fund in Official Liquidation under the Companies Law...

One of the attractive features of trusts law in the Cayman Islands is the jurisdiction's well known, and well used, "firewall" provisions. Up until now, certain of these provisions have been widely...

As leading international financial centres, both Bermuda and the Cayman Islands have detailed legislation in place providing methods for the civil recovery by Governmental agencies...

When a fund fails, the disappointed investors' sole hope of recompense often rests on the fund's liquidators gathering in and distributing pari passu as many of the fund's assets as possible.

The Grand Court of the Cayman Islands (the "Court") has sanctioned a proposal enabling the Joint Official Liquidators ("JOLs") of Saad Investments Company Limited ("SICL") ...

In a judgment likely to prove significant for litigants and third parties seeking access to Court documents, the CICA has clarified what documents third parties to litigation may obtain from the Court file and the...