How to strike the balance between open justice and confidentiality? In reasons delivered on 25 July 2018 in respect of an Ex Parte Originating Summons ("Confidentiality Summons")...

The defining feature of the unique Cayman Islands entity, the segregated portfolio company ("SPC"), is its strict separation of assets and liabilities (as further explained below).

By a decision dated 27 January 2026 in Unicorn Biotech Ventures One Ltd (in its capacity as general partner of Rigmora Biotech Investor One LP) & Anor. v ATP III GP, Ltd (No. 3) [2026] CIGC (FSD) 5...

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 judgment is the first time section 33(3) of the ELP Act has been considered at appellate level and the CICA overruled the Grand Court's earlier decision in a number of important respects.

In 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.

In a judgment delivered on 18 June 2018, the Privy Council has dismissed the appeal by Emirati businessman Riad Tawfiq Al Sadik against judgments of the Grand Court and the Cayman Islands Court of Appeal ...

There has been more heat than light in the area of freezing injunctions in the British Virgin Islands (the "BVI"), in particular in recent years so it comes as a welcome relief that the Privy Council...

The Covid-19 outbreak and restrictions imposed by the Cayman Islands Government to assist in managing the spread of the virus are having a profound effect on businesses in Cayman.

In A Company v A Funder, the Grand Court of the Cayman Islands has approved third party funding of commercial litigation in a case that falls outside of the typical insolvency context.

The new Contracts (Rights of Third Parties) Law was enacted on 21 May 2014 and is now in full force and effect in the Cayman Islands.

The statutory test for appointing receivers over a segregated portfolio (‘SP') under part XIV of the Companies Act (2022 Revision) was recently considered by Kawaley J in the Cayman Islands Grand Court...

As Covid-induced insolvencies and restructurings gather pace, in Sun Cheong Creative Development Holdings Limited the Grand Court of the Cayman Islands (the "Grand Court") has provided a timely overview

The Court was considering a sanction application by which Scheme Supervisors sought authorization to enter into a settlement agreement with a law firm.

The passing of the Private Funding of Legal Services Act, 2020 (the "Act") sounded the death knell of the torts of maintenance and champerty in the Cayman Islands, ...

The Q1 Regulatory Update provides an overview of the main legal developments in the Cayman Islands and the British Virgin Islands from 1 January 2026 to 31 March 2026.

The British Virgin Islands (the "BVI") is one of the leading offshore funds jurisdictions, attracting investment managers and investors worldwide.

In Cayman Islands litigation, there is no general obligation upon a party to disclose their asset position, and publicly available information is limited.

As a result of the OECD'S global Base Erosion and Profit Shifting ("BEPS") initiative and the EU Code of Conduct Group substance requirements modelled on BEPS Action 5 ...

The Cayman Islands has implemented the Organisation for Economic Co-operation and Development's ("OECD") Crypto-Asset Reporting Framework ("CARF") and made complementary changes to the Common Reporting Standard ("CRS")...