Legal

12/04/2018

Cayman’s foreclosure laws under review

Official statistics produced by the Cayman Islands Monetary Authority show a significant and steady decrease in recent years from 27 completed residential foreclosures in the second quarter of 2016 to nine in the first quarter of 2018.

12/04/2018

‘Hope’ for Abraaj as court allows restructuring

Abraaj Holdings and Abraaj Investment Management filed for provisional liquidation in the Cayman Islands in June this year and since then several bidders have emerged for various Abraaj funds.

12/04/2018

From Catalina to Drones by Higgs & Johnson

In terms of business opportunity, Cayman has recently distinguished itself by way of legislation which permits the addition of offshore aviation services to Cayman Enterprise City’s Special Economic Zone

12/04/2018

Appleby acts in winding-up of limited partnership

By the time the matter came before the court, there were four limited partners remaining, including the applicant, which had been the largest capital contributor to the limited partnership.

11/30/2018

The Bahamas securities industry reforms near completion

The Investment Funds Act 2003 was largely structured to be in line with the operations of fiduciary administrators and did not necessarily account for the appropriate regulation of the various roles within a fund structure.

11/30/2018

Collas Crill assists in RBSI deal

The transaction involved advising on an English law finance package, a security suite consisting of English and Guernsey law security, and Guernsey corporate law matters.