Cayman Islands: Contracts and Commercial Law

Legal teams, capital teams, and actuarial professionals face distinct challenges when analyzing netting and set-off provisions in segregated cell structures. The statutory ring-fencing regimes in Bermuda and Cayman Islands create complex interactions with contractual netting language that require careful legal analysis to ensure proper attribution, recourse, and enforceability across cell boundaries.

The Privy Council’s decision in FamilyMart China Holding Co Ltd v Ting Chuan (Cayman Islands) Holding Corp [2023] UKPC 33 is a landmark ruling that distinguishes the arbitrability of underlying...

The Cayman Islands Shipping Registry has introduced updated guidance on the Yacht Engaged in Trade (YET) regime, a framework that allows privately registered yachts to engage in limited commercial charter activity while maintaining their pleasure yacht status.

In a further installment in one of the "world's greatest financial scandal[s]" – the 1MDB fraud, the Cayman Court dismissed two summonses to set aside the winding-up of PetroSaudi International Limited (PSI)...

The Cayman Islands Court of Appeal (CICA) has recently handed down its decision[1] following the jointly heard appeals in Re HQP Corporation Limited (in Official Liquidation)...

The Companies (Amendment) Act (Act), 2024 was passed by the Cayman Islands Parliament in early 2024 and, pursuant to the Companies (Amendment) Act, 2024...

A key emerging trend is the growing use of Cayman foundations in the governance of DAOs and decentralized protocols. As DAOs become more complex and handle larger...

Set out below is a summary of the duties imposed by the law of the Cayman Islands upon a director of a Cayman Islands company and a description of the standard a director is obliged to meet in the proper discharge of those duties.

In the Matter of Gulf Investment Corporation et al v The Port Fund LP et al and the earlier judgment of Dorsey Ventures Limited v XIO GP Limited, the Cayman Islands Grand Court provided some welcome clarification regarding ...