ArticleCayman Trusts: A Toolbox For Tough TimesAs part of their remit, trustees of Cayman discretionary trusts can hold a range of assets on behalf of the beneficiaries of the trust.Cayman IslandsCorporate/Commercial LawCarey Olsen
ArticleClawback's Back (Back Again): The Privy Council Rules On The Power Of A Cayman Liquidator To Rectify The Register Of MembersIn Pearson v Primeo [2020] UKPC 3, the Privy Council considered an appeal by a liquidator on the scope of section 112(2) of the Companies Law (2018 Revision) of the Cayman Islands. Cayman IslandsCorporate/Commercial Law
ArticleDeregistration Of Exempted Limited Partnership For Continuation In Another JurisdictionUnder the provisions of the Exempted Limited Partnership Law, 2014 a general partner , on behalf of a Cayman Islands exempted limited partnership, which proposes to be registered...Cayman IslandsCorporate/Commercial LawWalkers
ArticleDown The Rabbit Hole And Through The Looking Glass: The Cayman Islands Scheme Of Arrangement Under The Magnifying GlassThe Cayman Islands has long established itself as a leading offshore financial centre which offers a sophisticated and flexible restructuring toolkit by which to implement cross-border restructurings.Cayman IslandsCorporate/Commercial LawWalkers
ArticlePreparing For A Cayman Islands Monetary Authority ("CIMA") InspectionFeedback from CIMA's inspections is provided to the relevant sector of the financial services industry formally and the findings are brought into the public domain through CIMA's publication...Cayman IslandsCorporate/Commercial LawAppleby
ArticlePrivy Council Rules On "Fair Value" In Cayman MergersIn a decision of interest to shareholders and companies alike, the highest appeal court ("JCPC") for Cayman Islands ("Cayman") cases has delivered a judgment on how the Cayman Grand Court ("Court")Cayman IslandsCorporate/Commercial LawBedell Cristin
ArticleRe Fang Holdings Limited: A Reminder Of The Test For Validating The Disposition Of Company Assets Whilst Facing Winding Up Proceedings.The recent decision of the Cayman Islands Grand Court in Fang Holdings Limited[1] is a helpful reminder of the requirements to be satisfied when seeking an order under section 99 of the Companies Act Cayman IslandsCorporate/Commercial LawBaker & Partners LLP
ArticleShareholders' Relief For Unfair Prejudice In The BVI And The Cayman IslandsThe BVI and the Cayman Islands both have regimes in place to address unfair prejudice suffered by shareholders, although each jurisdiction approaches the issue differently.Cayman IslandsCorporate/Commercial LawWalkers
ArticleThe Basics Of Listing A Cayman Segregated Portfolio On The Cayman Islands Stock ExchangeSegregated portfolio companies (collectively, "SPCs" and individually, an "SPC") are commonly used in the Cayman Islands as fund vehicles for umbrella funds.Cayman IslandsCorporate/Commercial LawConyers
ArticleThe Role Of Enforcer - Cayman Islands STAR TrustsA key feature of a Cayman Islands STAR trust is that it separates the beneficial rights from the enforcement rights.Cayman IslandsCorporate/Commercial LawOgier
ArticleTransfer By Way Of Continuation Out Of The Cayman Islands – Exempted Limited PartnershipsUpon deregistration, the ELP is continued as a partnership, body corporate or other entity under the law of the relevant jurisdiction in all respects; it is not a new legal entity. Cayman IslandsCorporate/Commercial LawMourant
ArticleUpdate To The Cayman Islands Beneficial Ownership Reporting RegimeFollowing industry consultation, the Beneficial Ownership Transparency Act ("BOTA") was gazetted on 15 December 2023 and commenced on 31 July 2024...Cayman IslandsCorporate/Commercial LawWalkers
ArticleWhy The Cayman Islands?The Cayman Islands are home to 118,443 active companies as of 31 December 2024.Cayman IslandsCorporate/Commercial LawConyers
ArticleBright Future Ahead For Private FundsThe number of private funds being established in the Cayman Islands has continued to rise. This sector proved to be resilient and flexible as it swiftly adapted to a new regulatory regime and...Cayman IslandsFinance and BankingOcorian
ArticleFund Finance: Security Structures And Transactions In The Cayman IslandsOne of the most important aspects in arranging any fund finance transaction is structuring the security package.Cayman IslandsFinance and BankingStuarts Humphries
ArticleInvestment Funds 2022The Cayman Islands is a popular domicile for globally managed private equity, hedge and hybrid funds due to its tax neutral status, its flexible structuring options and its established and experienced...Cayman IslandsFinance and BankingMaples Group
ArticleRegistering Private Funds With CIMAAll Cayman entities that fall within the definition of "private fund" in the Private Funds Act (2021 Revision) are required to register with the Cayman Islands Monetary Authority (CIMA).Cayman IslandsFinance and BankingConyers
ArticleLA Bills To Further Enhance Cayman's AML/CFT RegimeGovernment is presenting 11 bills, to further strengthen Cayman's anti-money laundering and counter financing of terrorism (AML/CFT) regime, to the Legislative Assembly on Wednesday, 24 July. Cayman IslandsGovernment, Public SectorCayman Islands Government
ArticleCayman Islands' Court Confirms Restructuring Officer Regime May Be Utilised In Relation To Discrete Portfolios Of SPCIn one of only a handful of decisions handed down since the introduction of the Restructuring Officer (RO) regime in the Cayman Islands, the Grand Court...Cayman IslandsInsolvency/Bankruptcy/Re-StructuringAppleby
ArticleClawback Claims Against Redeemed Cayman Islands Fund InvestorsBuilding on what is now a consistent theme in Cayman Islands law; the Privy Council's decision in DD Growth has further reinforced the serious challenges faced by liquidators of investment funds...Cayman IslandsInsolvency/Bankruptcy/Re-StructuringMaples Group