In Your Court: offshore dispute resolution review - January 2018

Third party litigation funding in the Cayman Islands: a shift in policy

In a landmark ruling, the Grand Court of Cayman approved a third party litigation funding agreement.

The Court's observations have until now been restricted to the use of funding for the benefit of impecunious liquidation estates. This was a case involving a large multinational seeking to take advantage of funding for other commercial reasons.

Read the full article: Third party litigation funding in the Cayman Islands: A shift in policy

Rare example of anti-anti-suit injunction in Guernsey

An anti-anti suit injunction is a form of anti-suit injunctive relief granted by a particular court to stop a party pursuing an application for an anti-suit injunction in another court. The Guernsey Court of Appeal case of Carlyle Capital Corporation (in liquidation) ("CCC") and others v Conway and others handed down on 27 April 2012, sets out the Guernsey position on anti-anti suit injunctions.

Read the full article: Rare example of anti-anti-suit injunction in Guernsey

What the China Agrotech ruling means for cross-border insolvency practitioners

The Grand Court of the Cayman Islands' decision to grant common law recognition and assistance to liquidators appointed by the High Court of Hong Kong over an exempted Cayman Islands incorporated company - without parallel insolvency proceedings in Cayman - is likely to be widely welcomed by insolvency practitioners and lawyers. 

Read the full article: What the China Agrotech ruling means for cross-border insolvency practitioners

Continued growth in our global dispute resolution team

We're delighted to have recently welcomed six new lawyers to our global dispute resolution team: employment law counsel Rachel Richardson (Guernsey/London), partner Marc Kish (Cayman), associate Deborah Barker Roye (Cayman), associate Joey Cheung (Hong Kong), associate Britt Smith (Cayman) and paralegal David Freeman (Cayman). 

 

About Ogier

Ogier provides practical advice on BVI, Cayman Islands, Guernsey, Jersey and Luxembourg law through its global network of offices. Ours is the only firm to advise on these five laws. We regularly win awards for the quality of our client service, our work and our people.

Disclaimer

This client briefing has been prepared for clients and professional associates of Ogier. The information and expressions of opinion which it contains are not intended to be a comprehensive study or to provide legal advice and should not be treated as a substitute for specific advice concerning individual situations.

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