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The Grand Court of the Cayman Islands has delivered its ruling in Re Qunar Cayman Islands Limited. This is only the third determination of the fair value of a Cayman Islands company's shares under section 238 of the Companies Law, following the Court's previous rulings in Re Integra and Re Shanda Games. The decision was a victory for the company in which the Court all but confirmed the merger price.

Harneys blogged on 20 February 2019 regarding the important decision of the BVI Commercial Court in Commercial Bank of Dubai v Abdalla Juma Majid Al-Sari & Others whereby Justice Adderley confirmed that the BVI Courts did indeed have jurisdiction to grant charging orders.

In the recent decision of Group Seven & Ors v Notable Services LLP & Ors the English Court of Appeal provided helpful clarity on the test for dishonesty in dishonest assistance claims.

In a recent ground breaking decision by Judge Catherine Burton in the matter of Toisa Limited, the English courts have recognised the Chapter 11 proceedings of a Bermudian company, ruling the relevant date for determining its centre of main interests (COMI), is the time the recognition application is made.

In the recent decision of Donna Union Foundation v Svoboda Corporation, the BVI Court considered a contempt application seeking further disclosure by way of an unless order and whether cross-examination of the Respondents should be ordered to determine the issue of contempt.

Harneys welcomes the announcement earlier this week from the Judicial and Legal Services Commission that Mr Gerhard Wallbank has been appointed to act as High Court Judge of the BVI Commercial Court for a period of three years with effect from 14 October 2019.