Latest Briefings

Cayman Islands Court of Appeal re-examines master-feeder redemption procedures

Introduction In the matter of Ardon Maroon Asia Master Fund (in Official Liquidation), CICA, 20 May 2020, the Cayman Islands Court of Appeal has reiterated the importance of following the natural and ordinary meaning of a fund’s articles, in order to ensure that redemptions are effective. This is particularly important in the context of a master-feeder […]

Cayman Islands bank regulatory update – July 2020

The Monetary Authority (Administrative Fines) (Amendment) Regulations, 2020 (the Amendment) came into force in the Cayman Islands on 26 June 2020. The Amendment amends Schedule 1 of the Monetary Authority (Administrative Fines) Regulations (the Regulations) to extend the administrative fines regime beyond breaches of the Anti-Money Laundering Regulations to a much broader spectrum of breaches under various Cayman regulatory laws, including the Banks and Trust Companies Law (collectively, the Regulatory Laws).

Three cases on contempt of court and what they mean for commercial fraud litigation

By Shantanu Majumdar QC Recent weeks have seen a spate of decisions on contempt of court. Most are sentencing cases and thus of little general interest since they turn on their facts. However, three cases do raise issues of general principle which not infrequently arise in the commercial fraud context. In this article, Shantanu Majumdar […]

Challenges faced by banks and the financial implications of lockdown

Many would be forgiven for comparing the current economic impacts of the Coronavirus (COVID-19) pandemic to that of the credit crunch over a decade ago. At the time it was suggested that the permanent damage done to the productive potential of nations across the world was a staggering $200 trillion of which £7.4 trillion was estimated in the UK. The longer the lockdown continues, intuitively, it feels like the financial implications may not be wildly different this time round. However, the challenges faced by the UK Government today are surely greater than those of 2008.

Recommended

IT helps trace patterns of crime

Computerised crime anal-ysis is an important technique to help police tackle crime and criminals, according to a Home Office report. The report details the ways information technology systems can be set up and used to provide vital information on the patterns of crime in a particular area. The report guides police on local crime analysis […]

Clyde & Co expands in Asia

CLYDE & Co is beefing up its Asian presence in the run-up to the 1997 Hong Kong hand-over by sending key commercial litigation partners out to the region. Martin Heath, who returns for his second stint in the Far East, starts in the 18-lawyer Hong Kong office next month. He will be joined by aviation […]

Concerns remain on divorce

FAMILY lawyers have applauded Lord Mackay for his “political courage” in pushing divorce law reform and domestic violence issues to the fore of the Queen’s Speech. But although the Lord Chancellor’s plans to remove fault from the divorce process and encourage mediation have now received official approval, some areas of the new Family Law Bill […]

In the face of public opinion

The Appeal Court 3. The Sun readers 45,000. Their lordships on the bench of the Appeal Court may be unconcerned about being out of kilter with the views of Sun readers. But this was the score after the recent unanimous decision of Lords Justice Neill, Millett and Evans to uphold the £4,000 damages award to […]

Programme accuses court of self-interest

THE COURT of Appeal has been accused of putting the interests of the legal profession above the interests of justice. The charge has been levelled by the television programme Trial and Error following the rejection of an appeal by 64-year-old Sheila Bowler, who was convicted of murdering her elderly aunt. A petition will now be […]

Recruit legal talent

Get your role in front of over 300,000 legal professionals when you advertise with The Lawyer. Our team of experts provide bespoke solutions to help solve all your recruitment challenges.

Find out more