Facts

General: There are about 130 lawyers practising on the Cayman Islands and 25 law firms all of which practice local law.

Ten of the firms have offshore practices, with five of these being mainly offshore practices; the remaining 15 have a mixed practice, which includes exclusively local practice in areas such as litigation and conveyancing. Almost all the law firms on the islands have been expanding.

List of Relevant Statutes

The Trusts Law 196The Trust (Foreign Element) Law 198The Fraudulent Dispositions Law 198The Exempted Limited Partnership Law199The Companies Law, Cap 22 (Revised)

Mutual Funds Law 199

Location: 180 miles north west of Jamaica and 470 miles south of Miami