The benefits of conducting arbitration in the Cayman Islands

An increasing number of contracts involving Cayman Islands entities are now drafted to contain arbitration agreements which provide for disputes to be resolved through private arbitration to be conducted in the Cayman Islands (or held elsewhere in the world, or by remote video-link), subject to the supervision of the Grand Court of the Cayman Islands.

Related briefings

Safe travels: can Bermuda’s testing approach offer lessons?

The aviation industry has been one of the worst hit by the Covid-19 pandemic. If airlines and associated businesses are to survive, it is essential that people start flying again. How to do that safely without promoting the spread of the virus is the sixty-four billion dollar question.

Provisional liquidators, the automatic stay, and the Hong Kong Court

By Ben Hobden and Norman Hau This article considers the approach taken by the Cayman Court when faced with an application by a company to appoint ‘soft touch’ provisional liquidators and obtain the benefit of the statutory moratorium when proceedings are extant in another jurisdiction, and a recent decision of the Hong Kong Court providing […]

BVI passes legislation codifying the “Black Swan” jurisdiction

On 7 January 2021, the BVI enacted an important amendment to the Eastern Caribbean Supreme Court (Virgin Islands) Act which provides that the BVI court now has jurisdiction to grant free-standing interim relief in aid of existing or anticipated foreign proceedings.

10 Things You Need To Know About Taking Security Over a Cayman Islands Flagged Vessel

The Cayman Islands are an attractive choice for ship owners seeking financing for their vessels and for financiers looking for security in relation to their investment due to the well-established, highly experienced and client-focused shipping registry as well as a legal and political system which creates a strong, stable and creditor friendly jurisdiction. In the […]

Latest Briefings

Podcast: Lisa Nandy on the US elections and beyond

Richard Hermer QC, Murray Hunt and Helen Mountfield QC speak to Lisa Nandy, Shadow Foreign Secretary and Labour MP for Wigan. Listen as they discuss topics including the results of the US election, the UK’s international reputation and influence, when it is appropriate for the UK to intervene militarily overseas to prevent crimes against humanity […]

Pensions regulator code of practice on scheme funding

The Pensions Regulator has published its interim response to its first consultation on the defined benefit code of practice. The changes require the Pensions Regulator (tPR) to update its Code of Practice on Scheme Funding.

Recommended

Webinar: Client engagement in a changing world – How is the BD & Marketing function evolving?

This free to watch webinar was part of the Marketing Leadership virtual conference that took place on 11th – 12th November 2020. Complete the form below to access the 40-minute recording of this discussion.   The practice of law is not traditionally renowned for keeping pace with society’s changing demands and the new ways of the world. This year we have seen society rapidly evolve and the old model of partner-led law firms is evolving too. We are now witnessing a much wider group of professionals engaging with existing and potential clients. With increased competition the norm, differentiation, gathering feedback and client retention are vitally important for Marketing and BD teams. In this session, the panel highlights the key themes that influence client engagement, including the ability to be able to pivot as a firm, understanding that clients are facing a situation where legal budgets are being scrutinised and GCs are being asked to cut costs, and ultimately that clients do not want content, they want market insights based on what firms are seeing. Fill in the form below to hear KPMG’s director- head of legal operations transformation services Nicola Brooks, White & Case’s global head of strategy & development- private equity Jason Piro, Slaughter and May’s director of business development Michelle Holford and Skadden’s European head of marketing Jeremy Ford discuss these issues and more.

Germany flag German

Noerr to give up UK LLP with no Brexit deal in sight

German independent Noerr is planning to change the form of its legal entity from a UK LLP to a German comparable, in light of the stalling Brexit talks. The second largest German firm, which adopted a UK limited liability partnership structure in 2009, is being forced to change its business structure due to the delay […]

The Lawyer Awards 2020: Who won In-house legal operations team of the year?

At this month’s The Lawyer Awards, insurance giant Royal London won the prize for in-house legal operations team of the year, sponsored by Digital Legal Exchange. It fended off competition from a number of contenders that managed to tap into their teams’ capabilities and external resources to reinvent how they worked and better serve the […]

Solicitors Regulation Authority

Regulator fines Womble Bond Dickinson duo after firm rebuke

Two partners have been hit with a fine from the Solicitors Regulation Authority (SRA), after an investigation into an account held by Womble Bond Dickinson. The investigation was related to a previous SRA decision, where the firm was rebuked and fined in August 2020. It concerned the use of an account held for Client A, […]

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