The judgment clarifies the winding up regime applicable to ELPs including the statutory gateway by which a limited partner can petition to wind up an ELP.

All BVI companies are currently required to maintain financial records and to maintain such records for a minimum period of five years.

The Cayman Islands Government has announced that the Virtual Asset (Service Providers) Law, 2020 (the "VASP Law") will come into force in two phases.

In Batista, the Grand Court has clarified that the scope of the statutory jurisdiction to grant a freezing order in support of foreign proceedings may extend to a person outside the jurisdiction...

In the latest instalment in the ongoing litigation between Herald and Primeo, the Grand Court of the Cayman Islands has considered how liquidators of a Cayman fund may adjust...

An ordinary litigant would not be restricted from commencing separate proceedings to enforce its proprietary or contractual rights to documents in those circumstances.

In a judgment delivered on 13 February 2018, the Grand Court of the Cayman Islands granted an anti-suit injunction to restrain the joint official liquidators of Argyle Funds SPC...

In two unrelated judgments handed down in the same week, the Grand Court has dismissed applications to appoint provisional liquidators pursuant to section 104(2) of the Companies Act...

In a judgment delivered on 13 June 2019, the Cayman Islands Court of Appeal dismissed the appeal by Primeo Fund (in Official Liquidation), a Madoff feeder fund, against the 2017 judgment of the Grand Court ...

Enforcement of an award shall not be refused except in the circumstances set out above.

The Cayman Islands Court of Appeal recently dismissed the USD2 billion appeal by Primeo, a Madoff feeder fund. Campbells represented the successful HSBC respondents.

Following our advisory issued on 11 October 2023, the Beneficial Ownership Transparency Act, 2023 (the "Act") and the Beneficial Ownership Transparency Regulations, 2024 (the "Regulations")...

The Duomatic principle concerns shareholders' informal approval of a company's actions. Provided that the shareholders' approval is unanimous and given with full knowledge of what they are...

The Law was brought into force on 4 June 2014 along with the Directors Registration and Licensing (Registration and Licensing) Regulations, 2014.

This article explores the statutory powers which can be invoked by foreign litigants seeking to obtain evidence in the Cayman Islands under the Evidence (Proceedings in Other Jurisdictions)...

Successful litigants in foreign proceedings will often be required to take steps to enforce any judgment or order obtained outside of the jurisdiction in which it was made.

In the recent judgment of Kuwait Ports Authority and Ors (Respondents) v Mark Eric Williams & Ors (Appellants),[1] delivered on 28 October 2024, the Judicial Committee of the Privy Council ("JCPC")...

In 2019, a total of six restructuring petitions were filed in the Grand Court of the Cayman Islands. Of these, three related to share capital reductions and two related to schemes of arrangement.

Throughout 2020, the British Virgin Islands (BVI) has remained one of the most significant offshore jurisdictions. According to the BVI Financial Services Commission (FSC) latest annual report...

In an eagerly awaited judgment of the Judicial Committee of the Privy Council ("JCPC") delivered on 20 September 2023 in FamilyMart China Holding Co Ltd v Ting Chuan, the JCPC addressed whether an arbitration agreement...