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Harneys Happenings

What are the latest “Harneys Happenings”? We are a busy bunch with our Litigation team hailing from Bermuda, BVI, Cayman Islands, Hong Kong and London. Keep up to date with what each office is up to here with Harneys Happenings.  CPD Cross Border Litigation Day The programme consists of various sessions run by a different

 15+

Court of Appeal to determine whether interim payment regime applies to Cayman share valuation proceedings

In the matter of Qunar Cayman Islands Limited, the company (represented by Harneys) has obtained leave to appeal, and a stay pending appeal, of an interim payment order made against it on the application of a dissenting shareholder group. After the Grand Court’s decision in Blackwell Partners LLC & Ors v. Qihoo 360, it appeared

 6+

Food for Thought: Should the Cayman Islands adopt a practice direction that would require contributories’ to state in their winding up petition whether they consent to a validation order?

In Cayman Islands law, section 99 of the Companies Law provides that any disposition of the company’s property and any transfer of shares or alteration in the status of the company’s members made after the presentation of the winding up petition is void, unless the Court orders otherwise. However, contributories’ winding up petitions are often simply

 6+

Update on the Territory of the Virgin Islands: Temporary Relocation of Commercial Division of the High Court to Saint Lucia

The Eastern Caribbean Supreme Court have issued a press release on 14 September 2017 regarding an update on the Territory of the Virgin Islands and the temporary relocation of the Commercial Division of the High Court to Saint Lucia. The relocation has occurred after the devastating impact that Hurricane Irma inflicted on the Territory of

 9+

Primeo “author of its own misfortune” – The Grand Court’s decision in Primeo v HSBC

On 23 August 2017, the Grand Court of the Cayman Islands handed down a landmark judgment in Primeo Fund (in Official Liquidation) v Bank of Bermuda (Cayman Limited) and HSBC Securities Services (Luxembourg) SA (Primeo, BBCL and HSSL, respectively). Despite finding the Defendants had breach various ongoing duties in their dual capacities as custodian and

 7+

Harneys Happenings

What are the latest “Harneys Happenings”? We are a busy bunch with our Litigation team hailing from Bermuda, BVI, Cayman Islands, Hong Kong and London. Keep up to date with what each office is up to here with Harneys Happenings.  CPD Cross Border Litigation Day The programme consists of various sessions run by a different

 15+

Court of Appeal to determine whether interim payment regime applies to Cayman share valuation proceedings

In the matter of Qunar Cayman Islands Limited, the company (represented by Harneys) has obtained leave to appeal, and a stay pending appeal, of an interim payment order made against it on the application of a dissenting shareholder group. After the Grand Court’s decision in Blackwell Partners LLC & Ors v. Qihoo 360, it appeared

 6+

Food for Thought: Should the Cayman Islands adopt a practice direction that would require contributories’ to state in their winding up petition whether they consent to a validation order?

In Cayman Islands law, section 99 of the Companies Law provides that any disposition of the company’s property and any transfer of shares or alteration in the status of the company’s members made after the presentation of the winding up petition is void, unless the Court orders otherwise. However, contributories’ winding up petitions are often simply

 6+

Update on the Territory of the Virgin Islands: Temporary Relocation of Commercial Division of the High Court to Saint Lucia

The Eastern Caribbean Supreme Court have issued a press release on 14 September 2017 regarding an update on the Territory of the Virgin Islands and the temporary relocation of the Commercial Division of the High Court to Saint Lucia. The relocation has occurred after the devastating impact that Hurricane Irma inflicted on the Territory of

 9+

Primeo “author of its own misfortune” – The Grand Court’s decision in Primeo v HSBC

On 23 August 2017, the Grand Court of the Cayman Islands handed down a landmark judgment in Primeo Fund (in Official Liquidation) v Bank of Bermuda (Cayman Limited) and HSBC Securities Services (Luxembourg) SA (Primeo, BBCL and HSSL, respectively). Despite finding the Defendants had breach various ongoing duties in their dual capacities as custodian and

 7+

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Latest posts

Harneys Happenings

Court of Appeal to determine whether interim payment regime applies to Cayman share valuation proceedings

Food for Thought: Should the Cayman Islands adopt a practice direction that would require contributories’ to state in their winding up petition whether they consent to a validation order?

Update on the Territory of the Virgin Islands: Temporary Relocation of Commercial Division of the High Court to Saint Lucia

Primeo “author of its own misfortune” – The Grand Court’s decision in Primeo v HSBC

BVI Office Temporary Closure

Scraping by the Court rules

Harneys Wins Offshore Law Firm of the Year in Hong Kong

QC Corner: Monica Carss-Frisk QC

New High Court Judge of the Commercial Court BVI: The Honourable Justice K. Neville Adderley

Hasty Filings and Lessons Learned: A Bermuda Case Study

Prime Sight- under attack?