Earlier this year, the UK Parliament voted on the ratification of regulations implementing the Convention on International Interests in Mobile Equipment and the Protocol thereto on matters...

Finance parties in a transaction frequently use structured vehicles using a borrower orphan as an instrument to secure their position.

The COVID-19 pandemic has severely impacted the aviation industry. With many international borders closed, thousands of aircraft are currently grounded and, even when flying resumes, ...

Minister of Financial Services and Commerce, the Hon. André Ebanks, engaged with key stakeholders in Spain and Greece on separate financial services and commerce initiatives last week.

2020 was a crippling year for the aviation industry. With daily cash burn running into the tens of millions of dollars for many airlines, access to liquidity has been critical as treasury teams

The Merchant Shipping Act, 2024 (the "2024 Act") came into force on 11 March 2024 and replaced the previous legislation, the Merchant Shipping Act (as amended) (the "Old Act").

On the occasion of the International Day for Women in Maritime 2026, I am honoured, on behalf of the Government and people of the Cayman Islands, to extend heartfelt appreciation and recognition to the remarkable women who have shaped, strengthened and advanced our maritime community

The Cayman Islands aircraft register is maintained by the Civil Aviation Authority of the Cayman Islands (CAACI) pursuant to the Air Navigation (Overseas Territories) Order

Due to its constitutional status as a British overseas territory, the Convention could directly apply to the Cayman Islands only following ratification of the Convention by the UK and extension to the Cayman Islands at its request.

Further to our Alert issued in January 2018 the Tax Information Authority of the Cayman Islands ("TIA") has now issued Guidance in respect of the Country-by-Country Reporting requirements ("CbCR").

Having been in existence for over 100 years, the Cayman Registry (formerly known as the Cayman Islands Shipping Registry) is an ideal choice for those individuals looking to register vessels in an efficient tax neutral jurisdiction with a Registry staffed by a worldwide team of Shipping professionals with many years of experience in the world of international shipping.

Cayman Islands special purpose vehicles are commonly used as borrower vehicles for bankruptcy remote financing structures for both commercial and private aircraft.

Two key UK statutory instruments which apply to Bermuda, the British Virgin Islands and the Cayman Islands are amended.

The 19 February 2019 judgment of the Grand Court of the Cayman Islands in VRG Linhas Aereas S.A. v Matlin Patterson Global Opportunities Partners II L.P. &...

The Cayman Islands Government has recently granted legislation allowing the addition of offshore aviation services to the Cayman Enterprise City (CEC) special economic zone.

Since our Cayman Islands Beneficial Ownership Regime Alert in May 2017, the Cayman Islands Government has amended the beneficial ownership regime under the Companies (Amendment) (No. 2) Law, 2017 ...

On Friday 17 February 2017, the two week period for appeal expired and the court in Seoul declared Hanjin Shipping bankrupt. Hanjin will not be the only headline-capturing casualty of 2017...

With offices in Hong Kong, Singapore, Tokyo and Grand Cayman, Phenix Jet Cayman is a name synonymous with precision, privacy, and global reach in the world of private aviation.

The yachting industry, like many other travel related industries, was initially hit hard by the Covid-19 pandemic.

The aim is to ensure that the SPV's shares are vested in a third party so that it is not regarded as a subsidiary of the originator or financier and is therefore often referred to as an orphan SPV.