360 results found

In a Ruling that will be of interest to users of the Cayman courts, the Grand Court has ordered a Cayman fund in liquidation to pay as damages, the costs of foreign proceedings commenced in breach of contract ...

A short-form statutory merger can be effected under the Cayman Islands' Companies Act (as revised) (the "Act") between a parent company and a Cayman Islands incorporated subsidiary.

Following the Settlor's death, the Trustee began preparing for the distribution of the Trust assets.

The Cayman Islands Court of Appeal ("CICA") has delivered a valuable judgment on the application of section 238 of the Companies Act (as revised) in Re Trina Solar Limited.

There has been debate between legal academics and trust practitioners about whether a power holder is prohibited from exercising powers of addition or exclusion of beneficiaries, or other analogous powers...

One can't help but pity the plaintiff with an ironclad claim against a defendant with apparently no assets to their name - and thus none to freeze - to ensure a surefire favorable judgment can be met.

The Court of Appeal of the Cayman Islands (CICA) has found that the Cayman courts have jurisdiction to grant a Norwich Pharmacal Order (NPO) in support of potential proceedings before a foreign...

Insolvency petitions form part of the regular diet of commercial proceedings seen by the Cayman Island courts.

In the course of international litigation a party seeks to depose a future witness of fact using powers available to that litigant under the laws of another jurisdiction or under powers of the domestic court.

The Privy Council’s decision in FamilyMart China Holding Co Ltd v Ting Chuan (Cayman Islands) Holding Corp [2023] UKPC 33 is a landmark ruling that distinguishes the arbitrability of underlying...

In Kuwait Ports Authority & Another v. Port Link GP Ltd. & Ors (FSD 236 of 2020, unreported, 25 November 2021, Parker J) the Grand Court considered – for the first time in the Cayman Islands – the applicable test governing derivative claims by a limited partner.

The merger and consolidation regime was introduced in the Cayman Islands in May 2009.

Restrictive covenants are a common, even standard, feature of employment contracts for senior members of staff, but the manner in which they are treated by the courts is perhaps less commonly understood.

Over the past two years, there has been an interesting trend of courts, in certain circumstances, relying upon...

In a Judgment delivered on 2 July 2019, the Grand Court dismissed the Plaintiff's application to amend his pleading and granted summary judgment in favour of DMS

These decisions remind us that for every new beginning, there is an opportunity for a quick end.

It is well settled that the Cayman Court's power to order the winding up of a Company is discretionary, section 92 of the Companies Law (2013 Revision) providing that ‘A company may be wound up by the Court if …'.

The Privy Council was asked to consider whether the appellant, Tianrui IHC Ltd a minority shareholder ("Tianrui") enjoyed personal standing to claim against a company when the directors of the company allot shares.