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Cayman Islands Court of Appeal upholds Weavering preference claim
The Cayman Islands Court of Appeal has dismissed an appeal brought by a former investor in the failed Weavering Macro Fixed Income Fund (Weavering or Fund) against an order requiring it to re-pay over $8 million in redemption proceeds it received shortly prior to the Fund's collapse.
Maples and Calder expands Cayman litigation and insolvency expertise
Law firm Maples and Calder has added Mungo Lowe to its litigation and insolvency team covering the British Virgin Islands (BVI) and Cayman Islands.
Cayman Finance completes two week promotional tour in Europe
Jude Scott, the CEO of Cayman Finance, completed a PR exercise in November designed to remind some key people in Europe of what he called the essential role Cayman Islands fulfils as a global financial hub connecting providers of investment capital and financing.
Walkers adds partner to its Cayman Islands regulatory team
International law firm Walkers has appointed Lucy Frew as a partner to head up the regulatory team in its Cayman Islands office, as part of a continued expansion strategy for the firm.
JP Integra rebrands, hires senior staff, targets private capital sector and US
JP Integra Group, a specialist financial services firm headquartered in the Cayman Islands, has expanded the firm’s offering to target the private capital sector, made several important hires and has established a presence in the US market, Phil Griffiths, group director, JP Integra, told Cayman Funds Magazine.
Harneys adds counsels and associates to its Cayman office
Harneys has hired three counsel and seven litigation lawyers across Singapore, Cayman and BVI offices. It has also relocated a senior funds associate to its London team.
Financial Reporting Authority appoints anti-money laundering expert as director
The Financial Reporting Authority (FRA) has appointed Robert Berry as its director, his appointment presented by Her Excellency the governor Helen Kilpatrick.
Ogier appoints managing partner as chair of special economic zones authority
James Bergstorm, regional managing partner of Ogier has been appointed chairman of the authority that oversees the special economic zones law in the Cayman Islands.
CIMA offers development opportunities for 11 young Caymanians
The Cayman Islands Monetary Authority (CIMA) has welcomed 11 student interns as part of its annual career-development opportunities to young Caymanians who look to gain valuable work experience.
Walkers Global warns of termination of regulated mutual funds
Delays in commencing the deregistration and winding up process may ultimately hinder a Cayman Islands regulated mutual fund (a Fund) from maximising cost savings in relation to regulatory and service provider fees, Walkers Advisory said.