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Welcome to our media pages which contain client advisories, articles, press releases and details about upcoming events.

Sequana: Directors’ Duties and Creditors

05 Oct 2022
The Supreme Court in England in BTI v Sequana [2022] UKSC 25 has clarified when directors owe duties to the company that should take into account creditors’ interests. The decision will be highly persuasive in the Cayman Islands on directors’ duties.
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Cayman Islands issues general sanctions licence for funds industry

05 Oct 2022
The issue which the General Licence addresses is where a Designated Person owns more than 50% of an investment fund which has hitherto meant that the fund is paralysed and all of its assets are frozen. This provides relief from aspects of the financial sanctions imposed in the Cayman Islands by the Russia (Sanctions) (Overseas Territories) Order 2020 (the “Order”).
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