
Rachael Reynolds KC
Global Senior Partner
Legal
Cayman Islands

Rachael Reynolds KC
Global Senior Partner
Cayman Islands
Services
We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies enable us to add real value to our clients’ businesses.
Sectors
Our sector approach relies on smart collaboration between our business divisions, our service lines and our jurisdictions. These sector-based teams have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients see around corners.
We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients. Our commercial understanding and experience of working with leading financial institutions, professional advisers and regulatory bodies enable us to add real value to our clients’ businesses.
Legal
Corporate and Fiduciary
Consulting
Ogier provides practical advice on a unique combination of six laws: BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg. Our global network covers Asian, European and US time zones.
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Providing exceptional and efficient service, our Corporate, Funds, Private Wealth and Capital Markets teams offer clients integrated legal and corporate administration services with a strong reputation in governance and regulatory compliance.
Accounting and Financial Reporting Services - Ogier Global
Cayman Islands AML/CFT training - Ogier Global
Corporate Services - Ogier Global
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Fund Services - Ogier Global
Governance Services - Ogier Global
Investor Services - Ogier Global
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Real Estate Services - Ogier Global
Regulatory and Compliance Services - Ogier Global
Our experts provide independent guidance spanning advice and training to implementation and evaluation across sustainable investing, regulatory compliance and tech. Our tailored advice meets clients' specific needs, delivering flexible solutions and support.
Our sector approach relies on smart collaboration between our business divisions, our service lines and our jurisdictions. These sector-based teams have a deep understanding of related businesses and industry dynamics. The specific combination of our highly informed experts helps our clients see around corners.
Ogier provides practical advice on BVI, Cayman Islands, Guernsey, Irish, Jersey and Luxembourg law through our global network of offices across the Asian, Caribbean and European timezones. Ogier is the only firm to advise on this unique combination of laws.
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Case
09 March 2021
Cayman Islands
ON THIS PAGE
In the recent case Geneva Trust Company v IDF and MF or Re Stingray Trust, the latest in a line of decisions of the Cayman Islands courts considering the meaning and scope of the Cayman firewall provisions, Ogier successfully obtained a stay of proceedings in Cayman on forum non conveniens grounds, and the Court provided helpful guidance on the scope and effect of section 90 of the Trusts Act.
Global senior partner Rachael Reynolds led the Ogier team in the case, working alongside Counsel, Deborah Barker-Roye, and Dakis Hagan QC of Serle Court
In its judgment the Grand Court provided important clarification that section 90 of the Trusts Act 2020 does not operate to bestow exclusive jurisdiction on the Cayman Islands courts (as previous cases have suggested) and that common law principles of forum non conveniens still have relevance and application in the context of disputes concerning Cayman Islands trusts. The Court also provided further guidance on the application of forum for administration clauses in Cayman trusts.
Read the full briefing on the case here.
Rachael Reynolds said: "The Stingray case has given welcome clarity in relation to the proper interpretation and application of Cayman's firewall provisions, and in particular its interplay with common law principles of forum non conveniens. As this latest judgment confirms, the Cayman firewall does not mandate the exclusive jurisdiction of the Cayman Court to determine issues relating to a Cayman trust without regard to forum non conveniens principles, but rather the Court will apply those principles to ensure the matter is heard in the most appropriate forum in light of the facts of the case."
Rachael Reynolds KC
Global Senior Partner
Legal
Cayman Islands
Rachael Reynolds KC
Global Senior Partner
Cayman Islands
Contact Rachael
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Deborah Barker Roye
Counsel
Legal
Cayman Islands
Deborah Barker Roye
Counsel
Cayman Islands
Contact Deborah
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