Legal Insights

Question: What are the key features of a Cayman LLC?

In our previous publication Interim Payment Relief: New Developments Regarding Dissenters’ Rights under Cayman Merger Law, we discussed a new and significant development for minority shareholders in their quest to obtain the “fair value” for their shares in the context of a merger take-private carried out under the…

Question: What are the key features of a Cayman LLC?

The protection of intellectual property (IP) rights in the Cayman Islands and in the British Virgin Islands (BVI) depends on the type of IP right (e.g. trademarks, patents and designs). The Cayman Islands and the BVI are British Overseas Territories and so the nature of IP protection in…

In certain circumstances the official liquidator of a Cayman company may be able to take action to recover assets which have been transferred in the run up to the company’s insolvency. It is important for those concerned with the affairs of a Cayman company in the twilight of…

The Cayman Islands Monetary Authority (“CIMA”) published a new Rule – Corporate Governance for Regulated Entities (“Rule”) and a new Statement of Guidance relating to Corporate Governance – Mutual Funds and Private Funds (“Statement of Guidance”) on 14 April 2023. In essence, both the Rule and the Statement…

The Cayman Islands Monetary Authority (“CIMA”) published a new Rule – Corporate Governance for Regulated Entities (“Rule”) and a new Statement of Guidance relating to Corporate Governance – Mutual Funds and Private Funds (“Statement of Guidance”) on 14 April 2023. In essence, both the Rule and the Statement…

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…