Cayman News

  • RHSW Caribbean becomes R&H Restructuring

    July 22, 2019
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    Following changes to their ownership structure at the end of March, RHSW Caribbean has rebranded to be R&H Restructuring. Over the past 12 years, this restructuring, wind-down and insolvency group has expanded significantly and they now perform a wide array of engagements. The new R&H Restructuring identity reflects this commitment to growth and innovation while continuing to provide best...

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  • Ogier named Offshore Law Firm of the Year by The Lawyer

    June 28, 2019
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    Ogier has been named Offshore Law Firm of the Year by The Lawyer – the firm’s third major industry award in just three months. The award is the third time that Ogier has been named the Best Offshore Law Firm in 2019, having won the offshore categories at the WealthBriefing European Awards in April, and the Legal Business Awards...

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  • Crestbridge appoints new director to focus on Family Office Services from Cayman

    June 26, 2019
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    Dominic Lawton-Smith has joined Crestbridge in Cayman to focus on ultra-high net worth families and their advisers. In his new role, Dominic will be responsible for growing the Family Office Services team in the Cayman Islands, working closely with the Group Heads of Family Office Services, Heather Tibbo and Paul Hunter, as well as Cayman based Directors Jonathan Bain...

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  • Securities Investment Business (Amendment) Law Re-published

    June 20, 2019
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    A corrected version of The Securities Investment Business (Amendment) Law, 2019, (SIBL) has now been published. Accordingly, the Cayman Islands Monetary Authority (CIMA) also has updated its SIBL-excluded persons notice on its website. Industry is advised that: Persons currently registered with CIMA as excluded persons must complete CIMA’s AML/CFT reporting forms by Thursday, 15 August 2019, regardless of whether...

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  • Primeo Fund v HSBC: Cayman Islands Court of Appeal dismisses Primeo’s appeal

    June 17, 2019
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    In a judgment delivered on 13 June 2019, the Cayman Islands Court of Appeal (“CICA“) dismissed the appeal by Primeo Fund (in Official Liquidation) (“Primeo”), a Madoff feeder fund, against the 2017 judgment of the Grand Court which had dismissed Primeo’s claims valued in excess of US $2 billion against its administrator and custodian, Bank of Bermuda (Cayman) Ltd...

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