The Cayman Islands Grand Court recently delivered its judgment in Re Shinsun Holdings (Group) Co., Ltd. FSD 192 of 2022 (DDJ) (21 April 2023) (unreported) (the “Shinsun Judgment”) in which the court determined the ultimate...more
9/8/2023
/ Appeals ,
Bermuda ,
British Virgin Islands ,
Cayman Islands ,
Commercial Litigation ,
Companies Act ,
Corporate Restructuring ,
Creditors ,
Dispute Resolution ,
Hong Kong ,
Insolvency ,
International Finance ,
Investment Schemes ,
Investors ,
UK
The Cayman Islands reformed its trust laws to provide a statutory mechanism by which flawed decisions of trustees and other fiduciaries can be set aside on application to the court. The codification of the Hastings‑Bass rule...more
5/10/2023
/ Beneficiaries ,
Board of Directors ,
Breach of Duty ,
Cayman Islands ,
Companies Act ,
EU ,
Fiduciary ,
Fiduciary Rule ,
Trustees ,
Trusts ,
UK ,
UK Supreme Court
The Cayman Islands, as a British Overseas Territory, is a party, through the United Kingdom, to the Hague Convention on the Service Abroad of Judicial and Extra-Judicial Documents in Civil or Commercial Matters (‘the Hague...more
10/4/2022
/ BVI Business Companies ,
Cayman Islands ,
China ,
Companies Act ,
Coronavirus/COVID-19 ,
Disclosure Requirements ,
Ex Parte ,
Foreign Corporations ,
Foreign Defendants ,
Foreign Jurisdictions ,
Guidance Update ,
Hague Convention ,
Russia ,
UK