Paul Kennedy

News

• Campbells Litigation team rises to Band 1 in Chambers Cayman rankings

  Campbells is proud to announce that its Cayman Islands Litigation team has been ranked Band 1 in the 2026 Chambers and Partners Caribbean guide, recognising the team’s market-leading expertise, depth of experience and consistent delivery of exceptional results for clients.

Articles

• Campbells authors Chambers Sanctions Guide – Cayman Islands

  Paul Kennedy and Sam Keogh discuss current trends and developments in sanctions in the Cayman Islands.

• Cayman Islands – ICLG Sanctions Guide 2024

  For the second consecutive year, Campbells authors the Cayman Islands jurisdictional chapter of the ICLG Sanctions Guide.

• Cayman court sets test for winding-up branch of foreign bank

  Paul Kennedy and Natasha Partos discuss the criteria under which a foreign bank can be wound up in the Cayman Islands.

• Campbells authors Cayman Islands chapter, Lexology GTDT – Dispute Resolution 2023

  The chapter highlights foreign judgments and proceedings, updates to the court system, limitation issues, arbitration and enforcements in the jurisdiction.

• Segregation in the Liquidation of a Segregated Portfolio Company in the Cayman Islands: When Does It Matter?

  Paul Kennedy and Nienke Lillington discuss two areas in the liquidation of a SPC where liquidators will have to pay particular attention to the Segregation Principle under the Cayman Islands Companies Act.

• Cayman Islands – ICLG Sanctions Guide 2023

  Campbells authors the Cayman Islands chapter of this sanctions guide for the first time, discussing relevant laws and regulations in the jurisdiction.

• Freezing in the Caribbean

  Nienke Lillington and Paul Kennedy co-author this article which focuses on the freezing issue in the British Virgin Islands.

• GRR Americas Restructuring Review

  The Cayman chapter discusses key aspects of the successful Cayman Islands restructuring regime, including schemes of arrangement, provisional liquidation, statutory moratorium, creditors' meetings, COMI shift and the rule in Gibbs. 

• Campbells Contributes to GTDT Dispute Resolution Guide

  Guy Manning and Paul Kennedy co-author the Cayman Islands chapter of Getting The Deal Through - Dispute Resolution 2021, which covers local insights into litigation, arbitration and alternative dispute resolution worldwide.

• Campbells Authors GRR Americas Restructuring Review – Cayman Islands chapter

  Guy Manning and Paul Kennedy co-author Global Restructuring Review - The Americas Restructuring Review 2021 - Cayman Islands chapter.

• Who Wants to Know? Information rights of limited partners and shareholders in the Cayman Islands

  Following a recent decision of the Cayman Islands courts on the information rights which limited partners have against the general partner of a fund, Paul Kennedy and Simon Thomas consider the case and the very different position of corporate fund shareholders under Cayman Islands law.

• Covid-19 Impact: Restructuring Debt in the Cayman Islands

  As companies across many sectors look to restructure company and group debt in the face of demand and supply shocks that have rocked the global economy, advisors will need to carefully consider the restructuring forum.

• From the Coronation Cases to Coronavirus – A Short History of Frustration

  In business, contractual counter parties have been considering how unforeseen “supervening” events affect the rights and obligations of their agreements. Much has been written recently on ‘frustration of contracts’ (as well as the various other kinds of frustration), but where does this concept come from and is there anything to be learned from history about how might it be applied today?

• Governance in a Time of Crisis – Legal Guidance for Fund Boards in COVID-19 Pandemic

  This briefing note is intended to provide some guidance for fund directors as they deal with the fallout from this pandemic.

Client Advisories

• Cayman Islands issues general sanctions licence for funds industry

  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”).

• Cayman Court intervenes to preserve segregation of captive insurance portfolios

  This advisory discusses the recent judgment handed down by Justice Parker, which is an important recognition of the preservation of the function and benefits of the segregated portfolio company.