Articles & Video
A Guide to new legislation on Foundation Companies in the Cayman Islands
Beddoe relief where a third party claim may exhaust Trust assets
The Grand Court of the Cayman Islands has granted Beddoe relief to a trustee, in circumstances where a successful third party claim would have exhausted the trust assets.
Beddoe Relief: Case study from the Grand Court of the Cayman Islands
In the case of X (as Trustee of the A Trust) v Y (as Beneficiary of the A Trust) (unreported) 15 March 2017, Smellie CJ, the Grand Court of the Cayman Islands granted Beddoe relief to a trustee in circumstances where a successful third party claim would have exhausted trust assets. Partner Rachael Reynolds and Associate Shaun Maloney assess the decision's potential ramifications
The Cayman Islands Introduces Limited Liability Companies
The Cayman Islands Limited Liability Companies Law, 2016 (the “LLC Law”) has now been enacted and will be brought into force by a separate commencement order which is expected to be published later this month.
Cayman Islands: Confidential Relationships Law To Be Repealed
Confidential Relationships Law: The Government of the Cayman Islands has this week gazetted a bill to repeal the statute that has frequently and mistakenly