Conyers advises Mitsubishi UFJ Trust and Banking Corporation in acquisition
Conyers Dill & Pearman is acting as Bermuda and Cayman legal counsel to Mitsubishi UFJ Trust and Banking Corporation (MUTB) in its acquisition from BV Investment Partners of Butterfield Fulcrum Group an independent hedge fund administrator and service provider to the alternative investment industry.
Working together with Simpson Thacher & Bartlett LLP, the Conyers team is led by Peter Ch’ng and Erik Gotfredsen, advising on Bermuda law, and Matthew Stocker, advising on Cayman Law.
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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.