Are you able to keep the discovery process secret from the target debtor you are attempting to collect from? If so how?

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 […]

Kyle BroadhurstDirector, BROADHURST LLC

What key trends have you seen in cross-border asset recovery during the last 12 months? Is demand for such services on the rise in Cayman Islands?

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 […]

Kyle BroadhurstDirector, BROADHURST LLC

What does a typical asset recovery investigation look like in your jurisdiction? What discovery tools are at your disposal to assess a judgment debtor?

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 […]

Kyle BroadhurstDirector, BROADHURST LLC

Broadhurst LLC joins IR as the exclusive Insolvency Member in Cayman Islands.

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 […]

Kyle BroadhurstDirector, BROADHURST LLC

Smeets Law (Cayman) announce that the name of the firm has been changed- FrancisGrey.

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 […]

Janet FrancisPartner, FrancisGrey

Smeets law (Cayman) joins IR as the exclusive Commercial Law & Investment Funds Member in the Cayman Islands

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, […]

Janet FrancisPartner, FrancisGrey

Securitization in Luxembourg

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 […]

Ritch & Conolly joins IR as the exclusive Commercial Litigation Member in Cayman Islands.

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 […]

Cherry BridgesPartner, Ritch & Conolly

New law on professional fees in the City of Buenos Aires

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 […]

Javier CanosaPartner, Canosa Abogados