Insights

What impact has the introduction of the new Cayman LLC had since it was introduced in 2016? The Limited Liability Companies Law, 2016 (the LLC Law) introduced a new Cayman Islands limited liability company (the Cayman LLC) in June 2016. Since then there has been an increasing number…

In the third issue of our series of legal insights on owning intellectual property (IP) through a Cayman Islands corporate structure, we discussed the new Cayman Islands Trade Marks Law published on 19th December 2016, pursuant to which a stand-alone comprehensive trademark protection regime was created in the…

New Developments Regarding Dissenters’ Rights under Cayman Merger Law In our recent publication Cayman Merger Take-Privates from NYSE and NASDAQ in 2016 – Year in Review, we discussed some developing trends and lessons that can be learned from merger take-private acquisitions from U.S. stock exchanges completed1 in 2016…

In 2016 public M&A activity in the Cayman Islands continued to be marked by an increasing volume of take-private transactions involving Chinese companies previously listed on NASDAQ or NYSE. In this context, “Chinese companies” mean Cayman Islands-domicilled entities within a corporate structure (for example, as part of a…

In the first two issues of our series of legal insights on owning intellectual property (IP) through a Cayman Islands structure, we discussed how the Cayman Islands aim to become an important offshore hub for the development and commercial exploitation of IP, some of the key benefits of…

What changes have been introduced recently in Cayman Islands law that you believe will enhance the jurisdiction’s offering in the investment funds industry? In June 2016 the Cayman Islands brought into effect The Limited Liability Companies Law, 2016 (the “LLC Law”) which introduces a new Cayman Islands limited…

Question: What are the key features of a Cayman LLC? Answer: The key features are: A Cayman Islands Limited Liability Company (“LLC”) is a corporate entity with separate legal personality to its members. The LLC is formed under the Limited Liabilities Companies Act (as Revised) (the “LLC Act”)…

The Cayman Islands (Cayman) has been the leading offshore jurisdiction for merger and acquisition (M&A) activity over the last three (3) years. In 2015, Cayman-incorporated companies were the target of 863 transactions worth a combined value of USD116.41bn. The value was more than twice the amount of the…