Taking title to real estate in the Cayman Islands
Before purchasing real estate in the Cayman Islands, very careful consideration should be given as to how to take title to the real estate to be purchased. Real estate can be registered in your personal name, in joint names with someone else or in the names of up to 10 individuals. Real estate can also be registered in the name of a company or through a trust structure.
The ultimate use to which the property is to be put and the potential liabilities which the intended use may give rise to may, of course, have a bearing on how the real estate should be titled…
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Briefings from Mourant Ozannes
What is the role of the Royal Court of Jersey in trustee applications for directions regarding disclosure of trust information?
A recent application has raised the issue of the function of the court, namely whether the court was exercising its own discretion in supervising, and intervening, in the administration of a trust.
Royal Court clarifies limits of customary law exception in respect of time-barred breach-of-trust claims brought by incoming trustee
Where a newly incorporated PTC recently appointed as successor trustee seeks to bring claims for breach of trust against predecessors, it will not be able to benefit from empêchement d’agir.