Latest Briefings

UK Supreme Court offers lessons for landlords of multi-tenanted buildings in Cayman

In the UK, it is common for mutual-enforceability covenants (the nature of such covenants is explained below) to be found in the leases of flats located in apartment blocks. The enforcement of such a covenant was considered by the UK Supreme Court in Duval v 11-13 Randolph Crescent Ltd [2020] UKSC 18. While such mutual-enforceability covenants are (to the best of the author’s knowledge) not used in the Cayman Islands, the decision offers important lessons about leasehold obligations, especially where the same landlord enters into leases with multiple tenants in the same building.

Cayman injunctions in aid of foreign proceedings

Where a potential judgment debtor in “onshore” proceedings threatens to dissipate its assets, the plaintiff may face a Pyrrhic victory with no assets against which to enforce its judgment. Where the defendant is a Cayman company or has assets in Cayman, the Cayman Court has a statutory jurisdiction to grant a freezing injunction in aid of those foreign proceedings, which can extend to the worldwide assets of the defendant.

Asset yield podcast – August 2020

Welcome to Asset Yield, the podcast series of Kinstellar C/SEE Asset Solutions, where we interview principal investors, originators, advisors, and funders in the world of non-performing and non-core assets of all classes, bringing you front line market insights.

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Office in-fighting results in Mullerat dissolution

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SABMiller appoints Lovells veteran as new GC

Lovells has been rocked by the departure of veteran corporate partner John Davidson to key client SABMiller. Davidson, Lovells’ relationship partner for SABMiller, joins the brewery group as company secretary and general counsel. He replaces current company secretary Andrew Tonkinson upon his planned retirement in August. Davidson’s departure from Lovells was announced internally today (26 […]

ASB rejigs management top-tier

South East firm ASB Law has overhauled its management structure following the departure of its chief executive earlier this year. At a recent partner conference, lawyers voted to introduce the role of managing partner and hire a new finance director, who together with the senior partner will form a management team. Last week (24 May) […]

Mourants snares Stephen Ball for CEO role

Kroll international general counsel Stephen Ball is joining Mourant de Feu & Jeune as chief executive officer (CEO) in the summer, ending the firm’s nine-month search for its first externally recruited CEO. Ball has held senior roles both in-house and in private practice. Prior to joining Kroll, he was Gibson Dunn & Crutcher‘s UK head […]

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