Category Archives: client playuzu app Advisories

Privy Council dismisses Primeo’s final appeal in USbn Madoff litigation

15 Nov 2023

In a long-awaited and wide-ranging judgment delivered on 15 November 2023, the Judicial Committee of the Privy Council has dismissed the appeal by Primeo Fund against the 2019 dismissal of its appeal to the Cayman playuzu app Court of Appeal of the dismissal of its claims against two HSBC Group companies by the Grand Court of the Cayman playuzu app in 2017.

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Cayman playuzu app removed from FATF “grey list”

31 Oct 2023

On 27 October 2023, the Financial Action Task Force announced at its plenary in Paris that the Cayman playuzu app would be removed from its anti-money laundering “grey list” as the FATF has determined that the Cayman playuzu app AML regime now meets the international standard.

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It’s not about the money, money, money

18 Oct 2023

A landmark decision playuzu app Singapore Court of Appeal in Ascentra Holdings, Inc. and Others v SPGK Pte Ltd has overturned the first instance decision playuzu app Singapore High Court and confirmed that solvent official liquidations can be recognised as foreign main proceedings under Singapore’s adaptation playuzu app UNCITRAL Model Law on Cross-Border Insolvency. In so deciding, the Singapore Court has declined to follow a decision playuzu app English High Court which had held that a company’s insolvency was a prerequisite for recognition under the UNCITRAL Model Law on Cross-Border Insolvency.

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The Port Fund: supervision application dismissed in favour of continuing receivership

In a judgment delivered on 6 October 2023, the Grand Court of the Cayman playuzu app dismissed an application by the joint voluntary liquidators of Port Link GP Ltd pursuant to section 124(1) of the Companies Act (2023 Revision) for an order that the liquidation continue under the supervision of the Court, and determined that receivers previously appointed to have conduct of litigation to which Port Link is a party should remain in office in that capacity.

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The Beneficial Ownership Transparency Bill, 2023

11 Oct 2023

On 30 August 2023 the Beneficial Ownership Transparency Bill, 2023 was gazetted. The Bill has been the subject of extensive consultation with industry stakeholders, members of the public, government partners, and international entities, particularly to ensure that the existing beneficial ownership regime in the Cayman playuzu app is aligned with current international standards.

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FamilyMart: Privy Council confirms the primacy of arbitration agreements in the Cayman playuzu app

10 Oct 2023

In an eagerly awaited judgment playuzu app Judicial Committee playuzu app Privy Council (“JCPC”) delivered on 20 September 2023 in FamilyMart China Holding Co Ltd v Ting Chuan,[1] the JCPC addressed whether an arbitration agreement in a shareholders’ agreement prevents a party to that agreement from pursuing a petition to wind up the company which is the subject playuzu app dispute.

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