An entire wall of a courtroom was commandeered to hold the thousands of pages of documents that were considered in the Algosaibi case, which was settled on May 31 in the Grand Court of Grand Cayman after a two-year hearing. – Photo: Taneos Ramsay

Longest and costliest Cayman trial goes to appeal

The longest and costliest trial in Cayman’s history ended in first instance in June. The trial, which involved more than 40 lawyers from seven...
Magnifying Glass, Key, House

Impact on real estate industry of a public registry

Clearly, the hot topic right now in the Cayman Islands business community is the U.K. government forcing its overseas territories, Cayman included, to provide...
Photograph of a pen and pocket watch sitting on a will with 'Last Will and Testament' written in nice script.

STEP Cayman: A three-year snapshot

In 2016, driven by the vision of branch chair Alan Milgate, the Cayman Islands branch of the Society of Trust and Estate Practitioners embarked...
Judge with gavel

Feeling the heat

With the summer months now bearing down on the Cayman Islands, temperatures are rising for locals and visitors alike, and finding a cool spot...
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AHAB v SICL & Others: The most significant fraud trial ever to be heard...

After a trial lasting a little over a year, the chief justice of the Grand Court of the Cayman Islands has handed down judgment...

Highest company registrations since the financial crisis

Cayman’s company formations sector grew in 2017, with the number of new incorporations and total companies on the registry having increased at the year’s...

Not for love or money

The next time you meet your Money Laundering Reporting Officers (MLRO), spend a moment to chat with them and to fully understand the demands...

Blockchain and Cayman’s real estate industry

While readily admitting that I am not the world’s expert on the subject of Blockchain, I would like to acknowledge that I am starting...

Successfully promoting Cayman

In January 2018, the Cayman Islands Branch of the Society of Trusts and Estates Practitioners held its inaugural International Wealth Structuring Forum at the...
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A developing discourse from the courts

Over the past quarter, the judges of the Financial Services Division of the Grand Court of the Cayman Islands and the Cayman Islands Court...
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The market for commercial real estate CLOs expands

They may not be as old as houses but commercial real estate CLOs have been around since the early 2000s and, whilst this category...

The future for litigation funding in the Cayman Islands

The business of third party funding of litigation is thriving in many of the world’s onshore jurisdictions. A recent decision of the Grand Court...

EU blacklist presents new offshore challenges

On Dec. 5, the EU Council agreed on a blacklist of 17 countries that the European finance ministers consider uncooperative in tax matters. They...

EU tax haven blacklist and amendments to 4AML directive on third countries pose challenges...

On Dec. 5, 2017, the European Council issued its conclusions on the EU list of non-cooperative jurisdictions for tax purposes. The conclusions also set...

Regulations, registers and redemptions

Alfred Lord Tennyson, Poet Laureate of Great Britain and Ireland, once wrote “Hope smiles from the threshold of the year to come, whispering ‘it...

Growing appeal of unit trusts in attracting the world’s wealthiest investors

As offshore funds counsel in the Cayman Islands, it may come as no surprise that, for me, 2017 has seen a distinct rise in...

Ocean Rig: Schemes of arrangement in the Cayman Islands

In one of the world’s largest ever restructurings, Ocean Rig UDW Inc (UDW), a leading international contractor of offshore deep-water drilling services, and three...

Mr. Moscovici and his EU lists of many colors

For those with better things to do than follow the machinations of EU tax policy, we should state that: Pierre Moscovici is French. He...

The GDPR and the Data Protection Law – two sides of the same coin

Investors in offshore financial centers increasingly require and demand data privacy. Obligations to collect personal data resulting from new international data sharing regimes combined...
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BVI workers relocate to Cayman after Hurricane Irma

Following the devastating destruction caused by Hurricane Irma and the disruption of essential services in the British Virgin Islands, numerous corporate services providers pulled...