A recent, unreported decision of the Grand Court has provided some welcome guidance to liquidators and stakeholders alike on the question of litigation funding in liquidations. Article by Ross McDonough, Managing Partner, Head of Litigation and Guy Cowan, Senior Associate.
Campbells is pleased to announce that Zachary Powery has been awarded our Undergraduate Scholarship for 2014.
Campbells is pleased to announce that new associate Jeremy Durston was admitted as an Attorney-at-Law in the Cayman Islands earlier this month.
Corporate Disputes Magazine, Jul – Sep 2014: Mini Round Table on Developments in Dispute Resolution in the BVI. Ross McDonough, Managing Partner, Head of Litigation and Callum McNeil, Of Counsel, BVI participated as panellists.
Practical Law Multi-Jurisdictional Guide 2014/15: Restructuring and Insolvency in the Cayman Islands Overview. Article by Ross McDonough, Managing Partner, Head of Litigation and Guy Cowan, Senior Associate.
Campbells is pleased to announce that the firm’s own Dr. Laetitia Bush has passed the legal Professional Practice Course (“PPC”) at the Truman Bodden Law School with distinction and will be starting her articles with the firm in August 2014.
The Cayman Islands Government announced, on 21 March 2014, its intention to introduce a regime for the registration and licensing of directors appointed to the boards of the following types of entities, known as “Covered Entities”: mutual funds regulated under the Mutual Funds Law (Revised) (“Regulated Mutual Funds”); and companies to which paragraphs 1 and 4 of Schedule 4 of the Securities and Investments Business Law (Revised) apply (“Excluded Persons”), usually entities providing investment management or investment advisory services.
The Law was brought into force on 4 June 2014 along with the Directors Registration and Licensing (Registration and Licensing) Regulations, 2014 and is now in full force and effect in the Cayman Islands. This Law denotes the first time that directors of Regulated Mutual Funds and Excluded Persons have been regulated directly in the Cayman Islands and it gives to the Cayman Islands Monetary Authority the power to approve or deny a registration or a licence.
The new Contracts (Rights of Third Parties) Law (“Law”) was enacted on 21 May 2014 and is now in full force and effect in the Cayman Islands.
The Annual Cayman Funds Magazine Round Table 2014, industry experts discussed topical issues and trends affecting the Cayman funds industry. Susan Lock, Partner, participated as a panellist.
Cayman Funds Magazine Fund Registrations: A Steady Course Amid Rough Seas. Article by Jonathan Law, Of Counsel, Campbells.