News & Insights

Cayman LLC in Force

The new Cayman Islands’ Limited Liability Companies Act, 2016 was implemented in mid-July, partly as a result of requests made by the US financial services industry for such a vehicle.

The law reflects many key features of Delaware’s Limited Liability Company Act with certain modifications to conform with Cayman Islands law. The LLC provides a very significant alternative structuring option which complements the existing choice of vehicles in the Cayman Islands.

See our Guidance Note on the new Limited Liability Companies Act, 2016 here.

If you would like further information please contact:

Chris Humphries
Managing Director
Tel:(+1 345) 814 7911

This publication is for general guidance and is not intended to be a substitute for specific legal advice. Specialist advice should be sought about specific circumstances.