Legal News

In addition to publishing newsletters on a regular basis, Loeb Smith issues advisories and alerts to keep our clients informed of breaking news and legal developments. To receive our publications, please email [email protected].

Derivative Claims in the Cayman Islands 20 Jul 2023 Derivative Claims in the Cayman Islands In this Briefing Note, we provide a brief overview of the principles governing derivative actions in the Cayman Islands, both in a company and in a limited partnership setting. Read More
Legal Alert: Persons carrying on Business as Virtual Assets Service Providers Act in the BVI. 14 Jul 2023 Legal Alert: Persons carrying on Business as Virtual Assets Service Providers Act in the BVI. The Virtual Assets Service Providers Act 2022 (the “VASP Act”) was enacted in the British Virgin Islands (“BVI”) on 1 February 2023. Read More
Insolvency in the Cayman Islands – setting aside antecedent transactions. 13 Jul 2023 Insolvency in the Cayman Islands – setting aside antecedent transactions. 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. Read More
De-Registration of a Cayman Islands Exempted Company and Transfer by Way of Continuation 5 Jul 2023 De-Registration of a Cayman Islands Exempted Company and Transfer by Way of Continuation Under the revised Cayman Islands Companies Act, the Registrar of Companies will de-register a Cayman Islands exempted company incorporated with limited liability and with a share capital which proposes to be registered by way of Read More