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Court utilises scheme of arrangement flexibility
In a recent decision, the Grand Court of Cayman demonstrated a flexible use of the scheme of arrangement to allow a commercial resolution of an application from the SPhinX Group, according to a note by law firm Maples and Calder.
Carey Group achieves a world first for listing agent
Carey Group has become the first listing agent in the world not based in the Cayman Islands to become a Cayman Islands Stock Exchange (CSX) listing agent.
New Exempted Limited Partnership Law comes into force
The Cayman Islands Exempted Limited Partnership Law, 2014, has now come into force following its gazettal on Wednesday, 2 July 2014, and should be beneficial to Cayman funds, according to Solomon Harris.
Walkers promotes three to partner on Cayman
Law firm Walkers has promoted ten lawyers to partner across its global network including three in the Cayman Islands.
Walkers celebrates 50 years
Law firm Walkers held an event recently to mark the company’s 50th birthday.
Appleby donates to ten charities
Law firm Appleby has awarded cheques to several local charities following its inaugural charity day.
Beneficial ownership registry talks ongoing
The Cayman Islands government and the governments of other overseas territories remain in talks with the UK on the issue of the proposed creation of a public central register of beneficial owners of companies.
Cayman Islands well placed as AIFMD transitional period expires
With the transitional period for the implementation of the European Alternative Investment Fund Managers Directive (AIFMD) having recently expired, the Cayman Islands is well placed to navigate the new regulatory landscape in Europe.
Cayman commits to multilateral convention
The Cayman Islands government has confirmed it is prepared to join the Convention on Mutual Administrative Assistance in Tax Matters.
