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

What is the difference between corporate and commercial in a law firm?

In a law firm corporate and commercial are titles given to two related but usually separate groups. The distinction between the groups can differ across firms. The practice areas within corporate are closely linked and their work relates to the lifecycle of companies, as well as mergers & acquisitions. Commercial includes a broader range of […]

New York

Willkie Farr chief embroiled in US college admissions scandal

Willkie Farr & Gallagher’s co-chairman has been named by the US Department of Justice as one of 50 individuals charged in relation to an alleged conspiracy over cheating in college entrance exams. Gordon Caplan, who is based in New York, is listed as having been charged in a criminal complaint with conspiracy to commit mail […]

Norton Rose Fulbright

Debevoise posts record financials globally and in the City

Debevoise & Plimpton has posted record financial results for 2018 both on a firmwide basis and in its 30-year-old London office. Firmwide revenue rose by 13 per cent from $822m in 2017 to $929.3m. Average revenue per partner (RPP) also increased, up almost 15 per cent from $5.95m to $6.83m. This was beaten significantly in […]

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