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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.  INSOL 2018 – NYC Harneys will be holding two events in New York during the

 26+

Outlook Asset Management LP and others v Capstone Corporate Limited and others

Claims of passing off are rare in the British Virgin Islands and a recent attempt to bring an action in the BVI in relation to goodwill held outside of the jurisdiction failed. The Claimants were a group of Egyptian private equity investors with over US$516 million in assets under management and a respected long track

 2+

Grand Court explains Y you cannot appoint a receiver over potential distributions from a discretionary trust

In Y v R, the plaintiff failed to convince the Grand Court of the Cayman Islands to appoint receivers over distributions that might be made to the defendant from an irrevocable discretionary Cayman Islands trust. The result in this case is unsurprising, since the nature of a discretionary beneficiary’s interest in a trust is firmly

 3+

Proceedings bowled out after unplayable delivery

In January 2018, the Grand Court of the Cayman Islands set aside service of proceedings against a foreign defendant, concluding that the plaintiff had: abused the process of the Court in pursuing those proceedings; and failed to establish that the Court should exercise its jurisdiction over the defendant. The plaintiff is the General Partner of

 8+

Dissenters’ discovery: the Court of Appeal rules

On 10 April 2018, the Cayman Islands Court of Appeal released its decision in the appeal of Justice Parker directions order In the matter of Qunar Cayman Islands Limited (CICA 24 of 2017). There were originally three grounds of appeal, but two of these had been effectively conceded by the time of the appeal hearing.

 8+

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.  INSOL 2018 – NYC Harneys will be holding two events in New York during the

 26+

Outlook Asset Management LP and others v Capstone Corporate Limited and others

Claims of passing off are rare in the British Virgin Islands and a recent attempt to bring an action in the BVI in relation to goodwill held outside of the jurisdiction failed. The Claimants were a group of Egyptian private equity investors with over US$516 million in assets under management and a respected long track

 2+

Grand Court explains Y you cannot appoint a receiver over potential distributions from a discretionary trust

In Y v R, the plaintiff failed to convince the Grand Court of the Cayman Islands to appoint receivers over distributions that might be made to the defendant from an irrevocable discretionary Cayman Islands trust. The result in this case is unsurprising, since the nature of a discretionary beneficiary’s interest in a trust is firmly

 3+

Proceedings bowled out after unplayable delivery

In January 2018, the Grand Court of the Cayman Islands set aside service of proceedings against a foreign defendant, concluding that the plaintiff had: abused the process of the Court in pursuing those proceedings; and failed to establish that the Court should exercise its jurisdiction over the defendant. The plaintiff is the General Partner of

 8+

Dissenters’ discovery: the Court of Appeal rules

On 10 April 2018, the Cayman Islands Court of Appeal released its decision in the appeal of Justice Parker directions order In the matter of Qunar Cayman Islands Limited (CICA 24 of 2017). There were originally three grounds of appeal, but two of these had been effectively conceded by the time of the appeal hearing.

 8+

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Latest posts

Harneys Happenings

Outlook Asset Management LP and others v Capstone Corporate Limited and others

Grand Court explains Y you cannot appoint a receiver over potential distributions from a discretionary trust

Proceedings bowled out after unplayable delivery

Dissenters’ discovery: the Court of Appeal rules

A big week of Rugby in Hong Kong

The costs of breaching an exclusive jurisdiction clause: BDO Cayman vs Argyle Funds

Dissenting Shareholders: Judicial Management and e-Discovery

Bermuda: Contra Proferentum and Extrinsic Evidence

Primeo: Should a liquidator alter register of members?

Substance of Aldi Principles Apply in BVI

Bermuda Court defends economic holders in Fund