Most regulated sectors in the Cayman Islands have continued on a steady path over the last 12 months with Private Funds up 3.5%. Funds may have previously been discouraged to set up the investment manager in the Cayman Islands due to the new economic...
It is a core principle of justice in the Cayman Islands that both an Applicant and a Respondent be given an opportunity to address the Court before a Court Order is made. However, in certain circumstances, the Cayman Islands Court does allow an Applicant to apply for a Court Order without notifying the Respondent. These are known as without notice or ex-parte applications.
Stuarts' Partner and Head of Litigation, Richard Annette and Senior Associate, Adam Russell-Knee discuss the duty of full and frank disclosure in the Cayman Islands courts.