All posts by campbellslegal

SPAC Disputes in the Cayman Islands

16 Jan 2024

Andrew Pullinger and Sam Keogh discuss the boom in SPACs in recent years, which has led to numerous SPAC-related filings in the Grand Court of the Cayman Islands in the past 12 months.

unfold

Noteholder Litigation: Investors Beware

15 Nov 2023

This judgment is an important reminder that investors must carefully consider the structure and underlying documents which govern their investments before seeking to enforce their rights.

unfold

Privy Council dismisses Primeo’s final appeal in US$2bn Madoff litigation

In a long-awaited and wide-ranging judgment delivered on 15 November 2023, the Judicial Committee of the Privy Council has dismissed the appeal by Primeo Fund against the 2019 dismissal of its appeal to the Cayman Islands Court of Appeal of the dismissal of its claims against two HSBC Group companies by the Grand Court of the Cayman Islands in 2017.

unfold

Cayman Islands removed from FATF “grey list”

31 Oct 2023

On 27 October 2023, the Financial Action Task Force announced at its plenary in Paris that the Cayman Islands would be removed from its anti-money laundering “grey list” as the FATF has determined that the Cayman Islands AML regime now meets the international standard.

unfold