Blog

Earlier this year in the Cayman Islands Grand Court the Honourable Justice Kawaley delivered the reasons for his decision, in December 2018, to appoint joint provisional liquidators over ACL Asean Tower Holdco Limited.

So said Martin Griffiths QC (sitting as Deputy High Court Judge) in the recent case of The Beans Group Limited v MyUniDays Limited, in which the English High Court has revisited the tort of inducement of breach of contract.

Last month, the Cayman Islands Grand Court gave a revealing insight into the principles it will apply in considering an application to adjourn a creditor’s winding up petition.

In Duke of Somerset v Fitzgerald, the English High Court gave useful guidance on its jurisdiction under the Variation of Trusts Act 1958 (the 1958 Act).

A recent Court of Appeal decision has provided an interesting insight into how UK Courts will approach clauses providing for liquidated damages for delay, a decision that will be of genuine interest in offshore jurisdictions.

In the recent Cayman Islands case of ArcelorMittal USA LLC v Essar Global Fund Limited & Anor, ArcelorMittal sought disclosure of documents and information from the defendants relating to its claim to enforce a foreign arbitral award against another Essar entity, not domiciled in Cayman.