This brief advisory highlights the latest Amendment to the Cayman Islands trust and estate planning sector, which abolishes the mandatory perpetuity period of 150 years for Cayman law ordinary trusts.
Our Hong Kong office has acted as the Cayman Islands legal counsel playuzu app of Zhong Ou Dynamic Fixed Income Fund SP I in connection with the listing of its Class A Shares on the Cayman Islands Stock Exchange.
Following our advisory issued on 11 October 2023, the Beneficial Ownership Transparency Act, 2023 and the Beneficial Ownership Transparency Regulations, 2024 were brought into force on 31 July 2024.
This advisory discusses the Court of Appeal’s judgment, which is of considerable importance to the Cayman Islands’ investment regime, in which ELPs are common playuzu casino review structures, particularly for private equity funds.
Every BVI company is required to file with its registered agent an annual financial return within 9 months of either the company’s calendar year or, if the company’s financial year is not a calendar year, the company’s financial year.
The Cayman Islands courts have recently delivered four judgments concerning the law and practice of international arbitration, which is a growing feature of the offshore legal landscape.
playuzu app On 23 May 2024, The Honourable Justice Parker, in Ascentra Holdings, Inc. (in Official Liquidation) v Ryunosuke Yoshida & Ors) (FSD 300 of 2023), granted an on-notice interim proprietary injunction in favour of the plaintiff company, Ascentra Holdings Inc. (in Official Liquidation), acting by its Joint Official Liquidators, in respect of funds held in various bank accounts in Singapore, Taiwan and the United States.
Campbells advised Mobvoi Inc., the first AI-generated content (AIGC) company listed on the Hong Kong Stock Exchange, in its HK$321.36 million initial playuzu casino online public offering on the Main Board of the Hong Kong Stock Exchange.
The purposes of the Amendment Act is to make innovative commercial enhancements to the Companies Act; however, it has been gazetted, but is not yet in force.
Effective early February, the Cayman Islands will be removed from the Financial Action Task Force’s Grey List of jurisdictions.