The appeal was in relation to an application for declaratory relief to the effect that Palladyne had not been validly removed.
Cayman Islands Government
The Ministry's usual engagement with local and international stakeholders is ongoing, and progress continues to be made to address the international obligations as required.
In a decision that provides additional certainty to dissenting shareholders, the Grand Court of the Cayman Islands has rejected efforts by eHi Car Services Limited (the Company) to recast the...
Restructuring & Insolvency Comparative Guide for the jurisdiction of Cayman Islands, check out our comparative guides section to compare across multiple countries
Walkers is pleased to announce that it has acted as offshore counsel to Norwegian Cruise Line Holdings Ltd on three separate significant financing transactions, equating to $2 billion, which were completed during May.
The Cayman Islands Private Funds Law, 2020 (the "PF Law") has been an increasingly prevalent topic in fund finance transactions since its introduction in February of this year.
The Cayman Islands is changing the way it regulates funds. Two new measures - the Mutual Funds Law (Revision, Amendment 2020) and the Private Funds Law and Regulations 2020 - have been implemented.
On 30 April 2020, the Central Bank of Ireland ("Central Bank") published a letter to fund management companies (including SMICs)
The ‘Cayman Finance Cares' programme, an initiative funded by Cayman Finance member firms, has raised in excess of CI$124,000 to support the operations of the Cayman Food Bank (Good Samaritan Food Bank).
The Cayman Islands is changing the way it regulates funds. Two new measures – the Mutual Funds Law (Revision, Amendment 2020) and the Private Funds Law and Regulations 2020 – have been implemented.
Following industry consultation, on 15 April 2020 the Department for International Tax Cooperation released its new CRS Compliance Form which Reporting Financial Institutions and Trustee Documented Trusts ...
A number of laws and regulations have been enacted over the past quarter which impact, or will impact, Cayman Islands investment funds.
In this advisory, we provide a round-up of recent updates to the Cayman Islands framework for automatic exchange of information ("AEOI") and country-by-country reporting ("CbCR"), including the new universal DITC portal...
The Cayman Islands continues to be a jurisdiction of choice for the establishment of investment funds, portfolio investment companies and corporate vehicles,...
Ogier's Cayman Islands Restructuring and Corporate Recovery team routinely acts on cross-border liquidations, receiverships and restructurings involving overseas insolvency practitioners and clients...
On 15 April 2020, the Cayman Islands Department for International Tax Cooperation ("DITC") issued an industry advisory (the "Advisory") which provides information on the newly introduced CRS
In February 2020, the Government's National Coordination Team for the Anti-Money Laundering Steering Group (AMLSG), in collaboration with Cayman Finance,...
The requirements for filing of beneficial ownership information for Cayman Islands companies will change with effect from 15 May 2020 in two respects due to international requirements.
We are living in challenging times, arguably far more challenging than in 2008 given the supply and the demand side issues all businesses are facing...
There have been a number of changes to the offshore funds landscape in recent months. Walkers' global team sets out below a high level summary of the current position...