As I referenced earlier it is possible to obtain a freezing order without notice to the defendant and to also obtain at the same time an order requiring disclosure of assets. The freezing order is also binding upon third parties and accordingly anyone who knows of the order and assists the defendant to breach it […]
In the Cayman Islands we are frequently involved in cross border asset recovery efforts given the multinational nature of the businesses and investment vehicles here. Foreign judgments and arbitral decisions can be recognized and enforced. There is also a willingness for the Cayman Court to provide assistance to foreign courts upon request. One of the […]
With respect to foreign judgments, Cayman does have specific legislation for foreign judgment recognition, but a unique wrinkle is that Australia is the only country currently to which the legislation has been extended. It is, however, possible to have other foreign judgments recognized in accordance with common law principles. This is done through legal proceedings […]
Technology and globalisation have proved extremely effective at improving cross-border investment during the last decade. Trade barriers between countries and continents have been lowered everywhere, allowing money to flow freely […]
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IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Kyle Broadhurst of Broadhurst LLC. Kyle has joined IR as our exclusive Insolvency Member in Cayman Islands. Kyle Broadhurst is a respected and leading advocate in complex civil litigation and administrative tribunal proceedings in the Cayman Islands. He represents plaintiffs and […]
Commercial disputes are common in business, with many organisations handling multiple disputes on a domestic or international level in the course of their activities. The efficient resolution of those disagreements […]
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The principals of Smeets Law (Cayman) announce that the name of the firm has been changed and the practice of the firm will continue under the name FrancisGrey. Our physical and mailing address, telephone and fax numbers will remain the same. Our email addresses will change to reflect the firm’s adoption of its new name […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Janet Francis of Smeets law (Cayman). Janet has joined IR as our exclusive Commercial Law & Investment Funds Member in the Cayman Islands. Smeets Law (Cayman) is a Cayman Islands Corporate and Commercial Law firm. The firm’s core practice focuses on Investment Funds, […]
Ritch & Connolly once again both sponsored and participated in Off The Beaten Track, the unique ultra-marathon now in its fifth year that raises money for charity both in Cayman and internationally. Established by KRyS Global CEO and ultra-marathon runner, Kenneth Krys, the 50 km race emulates the 156-mile, six-day Marathon des Sables, held every […]
By “securitisation” is meant the operation by which a securitisation vehicle acquires or takes on risks linked to loans, goods or liabilities accepted by a third party by issuing transferable securities the value or yield of which is dependent on these risks. Practically speaking, a securitisation operation consists of bringing together a group of assets […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Cherry Bridges of Ritch & Conolly. Cherry has joined IR as our exclusive Commercial Litigation member in Cayman Islands. Ritch & Conolly was established in 1983 and undertakes a wide range of legal services for domestic and international clients. The firm […]
On November 27, 2014 Law No. 5,134, which regulates lawyers’ and solicitors’ fees who work in the City of Buenos Aires (hereafter the “Law”), was published in the Official Gazette. The Law, which was promoted by Jorge Rizzo and Daniel Lipovetsky from the City of Buenos Aires’s Bar Association (“CBABA”), was approved in a special […]