Jurisdiction Update — Issue 4
Conyers Dill & Pearman has released the fourth issue of its Jurisdiction Update, covering Bermuda, the British Virgin Islands, the Cayman Islands and Mauritius. It provides an AIFMD update, as well as the latest news and developments in legislation.
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News from Conyers Dill & Pearman
Briefings from Conyers Dill & Pearman
Cayman Islands Law Update: the Exempted Limited Partnership Bill and the Contracts (Rights of Third Parties) Bill
Following extensive consultation in both the public and private sectors, the Exempted Limited Partnership Bill 2014 was gazetted on 21 February 2014.
The court looked at the issue of whether a stranger to a trust, who dishonestly assists in a breach of trust, is a ‘trustee’ within the meaning of s21(1)(a) of the UK Limitation Act 1980.