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AB Jnr & Another v MB & Others (unreported, 18 December 2012)

  • Ogier
  • -
  • Cayman Islands
  • -
  • March 28 2013

AB Jnr & Another v MB & Others was a significant decision of the Financial Services Division of the Grand Court of the Cayman Islands, relating to a

Revisions to Cayman Islands Mutual Funds Law requiring registration of master funds

  • Ogier
  • -
  • Cayman Islands
  • -
  • December 18 2012

The Cayman Islands legislature recently approved the Mutual Funds (Amendments) Bill 2012 which seeks to amend certain definitions within the Mutual Funds Law in order to clarify the regime relating to registration of master funds

Securing Cayman Islands residency by proof of independent means or by way of direct investment

  • Ogier
  • -
  • Cayman Islands
  • -
  • December 8 2012

This Briefing Note relates to two processes by which an individual (and his or her family) can potentially be granted a right to reside in the Cayman Islands

Aircraft registration

  • Ogier
  • -
  • Cayman Islands
  • -
  • December 8 2012

The United States remains the most popular place in the world to register corporate jets

Private trust companies

  • Ogier
  • -
  • Cayman Islands
  • -
  • December 8 2012

Private trust companies are established with the sole purpose of acting as a corporate trustee to a trust or a number of trusts, provided those trusts are "connected"

Star trusts

  • Ogier
  • -
  • Cayman Islands
  • -
  • December 7 2012

The Special Trusts (Alterative Regime) Law 1997 (the initial letters of which give us the name, "STAR Trust"), now incorporated into Part VIII of the Trusts Law (Revised), introduced STAR Trusts into the law of the Cayman Islands

Succession & estate administration in the Cayman Islands (non-domiciled individuals)

  • Ogier
  • -
  • Cayman Islands
  • -
  • December 7 2012

The status of the Cayman Islands as an International Financial Centre inevitably means that it attracts significant inflows of capital from individuals who are based overseas, and who are legally domiciled elsewhere

Deciding between wills and trusts for non-Cayman domiciliaries

  • Ogier
  • -
  • Cayman Islands
  • -
  • December 7 2012

If an individual owns Cayman Islands situated property, it is important to address the question of what will happen on the death of that person

Probate and estate administration: the practicalities of dealing with Cayman assets after death (non-Cayman domiciliaries)

  • Ogier
  • -
  • Cayman Islands
  • -
  • December 7 2012

When a non-Cayman domiciliary dies owning Cayman Islands assets, the heirs want to access those assets as quickly and efficiently as possible

Acting as a director of a Cayman Islands investment fund

  • Ogier
  • -
  • Cayman Islands
  • -
  • December 5 2012

The purpose of this memorandum is to give a brief summary of some of the issues which may be faced by a director of a Cayman Islands investment fund

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