Legal News

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Cayman Islands – Private Trust Companies 11 Sep 2024 Cayman Islands – Private Trust Companies A Private Trust Company is an entity that is established with the sole purpose of acting as a corporate trustee to a trust or a number of trusts, provided those trusts are "connected". Read More
Cayman Islands disapplies the Rule against Perpetuities for Cayman Islands’ trusts 30 Aug 2024 Cayman Islands disapplies the Rule against Perpetuities for Cayman Islands’ trusts The Perpetuities (Amendment) Act, 2024 (the "Act") (which is not yet in force) abolishes the mandatory 150-year perpetuity period for ordinary trusts established after the Act comes into force... Read More
Voidable Transactions in the British Virgin Islands 27 Aug 2024 Voidable Transactions in the British Virgin Islands In certain circumstances, the liquidator of a British Virgin Islands company may be able to set aside certain transactions which took place in the lead up to the company’s liquidation. It is important for those concerned... Read More
Cayman Islands new beneficial ownership regime is now in effect 13 Aug 2024 Cayman Islands new beneficial ownership regime is now in effect The new beneficial ownership regime of the Cayman Islands, which aims to streamline the Cayman Islands’ beneficial ownership framework became effective on 31 July 2024 Read More
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