Cayman Islands: Corporate and Company Law

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Article
Good Faith In Action, Not Just Belief: The UK Supreme Court’s Decision In Saxon Woods Investments Limited V Costa And Its Significance In The Cayman Islands
The UK Supreme Court's decision in Saxon Woods clarifies that directors cannot justify covert or disloyal conduct simply by claiming they sincerely believed they were acting in the company's best interests. This landmark ruling examines the boundaries of the duty to act in good faith, establishing that while business judgment remains protected, the means by which directors pursue their objectives must meet objective standards of loyalty and transparency.
Cayman Islands Commercial
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Appleby
Article
Contingent Creditors, Standing And The Winding Up Jurisdiction: Analysing Re Petrosaudi International
The Cayman Islands Court of Appeal has delivered a landmark ruling clarifying the threshold requirements for creditor standing in winding-up petitions, fundamentally reshaping the landscape for contingent creditors seeking to invoke compulsory liquidation proceedings. In a comprehensive judgment arising from the PetroSaudi International case, the Court overruled previous authorities and established that mere allegations of wrongdoing—however substantial—cannot confer standing without an existing
Cayman Islands Insolvency
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Appleby
Article
Close-out Netting And Set-off For Segregated Cell Insurers: Bermuda vs Cayman Analysis
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.
Worldwide Insurance
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Walkers
Podcast
The Companies Act And Continuing Requirements Of A Cayman Islands Company (Podcast)
Stuarts Humphries has earned recognition as a compact independent firm delivering exceptional value in funds counsel, cryptocurrency expertise, and regulatory compliance. Clients praise the firm's responsiveness, real-world solutions, and partners who roll up their sleeves to provide personalized service. The firm balances business acumen with legal precision while offering substantial value compared to larger competitors in the jurisdiction.
Cayman Islands Commercial
SH
Stuarts Law
Podcast
Podcast: Duties Of A Director Under The Law Of The Cayman Islands
Stuarts Humphries has earned recognition as a compact independent firm delivering exceptional value and expertise in funds counsel, cryptocurrency investments, and regulatory compliance. Clients praise the firm's responsive service, real-world solutions, and partners who roll up their sleeves to provide personalized attention. The firm strikes a unique balance between business acumen and legal expertise while offering substantial value compared to larger competitors in the jurisdiction.
Cayman Islands Commercial
SH
Stuarts Law
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