Related briefings

Avenues of redress for stakeholders in Cayman incorporated companies facing the excesses of majority shareholders and/or their appointed directors

Against the backdrop of differing economies, laws and regulations throughout Asia, choosing to incorporate Cayman entities into holding and investment structures allows international stakeholders to co-operate under the aegis of a stable and effective judicial system. Appeals from the Grand Court of the Cayman Islands lie with the Cayman Islands Court of Appeal, comprising judges who have held high judicial office in the Commonwealth. The Judicial Committee of the Privy Council is the final Appellate Court for the Cayman Islands. As such, through its Court system, Cayman is able to provide the investment community with impartial, established and highly regarded judicial resources dedicated to resolving complex commercial disputes.

The Cayman Islands Court of Appeal finds Norwich Pharmacal relief is available in aid of foreign proceedings

The Court of Appeal of the Cayman Islands (CICA) has found that the Cayman courts have jurisdiction to grant a Norwich Pharmacal Order (NPO) in support of potential proceedings before a foreign court, even where alternative statutory remedies may be available (in this instance, the provisions of the Evidence (Proceedings in Other Jurisdictions) (Cayman Islands) Order 1978 (the Evidence Order)).

Restructuring and corporate recovery: an outlook for 2021

As financial support is withdrawn, restructuring, insolvency and corporate recovery practitioners will likely see a spike in activity, and offshore firms in the Channel Islands are braced for an increase in demand from clients.

Latest Briefings

12 things you didn’t know about electric vehicles

The significant shift in people’s travel routines over the last 12 months will likely trigger long-term changes for many and our urban spaces will need to continue to develop into ‘smart cities’. Electric vehicles and their charging points will form a significant part of this changing landscape.

Key changes to the LCIA and ICC arbitration rules

Two of the most prominent arbitral institutions globally, the London Court of International Arbitration and the International Chamber of Commerce, have recently updated their rules to modernise and streamline the way in which arbitrations are administered. The changes are designed to increase efficiency, flexibility and transparency and to embrace the growing use of technology in business today.

Around the world (of Big Tech regulation) in 8 minutes

When Trump was ultimately banned from most mainstream social media services during his final month in office, many questioned if Big Tech should have the power to silence a sitting President in this way and if they had the right rationale to do so. Trump has now handed over @POTUS to Joe Biden and the whole world is talking about what may be in store for Big Tech when it comes to regulation as a result of this transformed understanding.

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money finance

Axiom shelves IPO plans after securing PE investment

Three US firms won advisory roles on Permira’s investment in Axiom, leading the flexible resources provider to call to an end its plans to IPO. The agreement allows Permira to put what has been described as a “significant investment” in Axiom through a newly-created vehicle. The deal, which is currently under review around customary conditions, […]

San Francisco

Clydes hit by further losses as eight US partners leave firm

Just days after a UK team of partners resigned from to form a boutique, another group of eight partners are set to leave Clyde & Co and set up their own venture in the US. The partners are to leave Clydes’ San Francisco office to set up a legal boutique called Atheria Law. Joan D’Ambrosio, […]

QC at No5 prosecutes in money laundering trial

A Queen’s Counsel at No5 Barristers’ Chambers is leading the prosecution in an £11m money laundering trial. Michelle Heeley QC is prosecuting at Leicester Crown Court where five people face accusations of running a professional money laundering operation. On trial are Chauhan Yogendrasinh, 55, director of the alleged money laundering business, Rushi Investments, and his 52-year-old […]

Dentons opens in five jurisdictions in bid to build “pan-African” law firm

Dentons has encroached deeper into Africa through five proposed combinations across the Continent. The firm today announced that it was tying up with local firms in Angola, Morocco, Mozambique, Uganda and Zambia, following a concerted push to embed itself in the continent as the “first Pan-African law firm owned and controlled by Africans.” The firms […]

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