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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.   

 29+

Revisiting Costs Awards – BVI Court of Appeal rules on Fairfield Sentry Limited (In Liquidation) v Farnum Place LLC

The BVI Court of Appeal recently varied a costs order based on a material change of circumstances – in this case, the decision of the United States Court of Appeals for the Second Circuit (SCCA). Fairfield Sentry (Sentry) (a BVI Company) was a feeder fund of Bernard Madoff’s company BLMIS which went into liquidation pursuant

 2+

Bermuda: place of domicile trumps forum non conveniens

In a recent decision of the Supreme Court of Bermuda Justice Hellman held in Athene Holding Ltd v Imran Siddiqui that the proper forum for a claim against a Bermuda company, and its directors, is likely to be Bermuda. S and C were a director and officer respectively of Athene (a Bermuda company). During the

 5+

In the matter of Matrix Inc – Arbitral awards in Cayman Islands

In In the matter of Matrix Inc., the Grand Court of the Cayman Islands considered whether a debt owed under an arbitral award is disputed bona fide on substantial ground where a cross claim existed and deliberated on the proper exercise of its discretion in order to determine whether it should make a winding-up order.

 3+

Bermuda Court of Appeal – US sanctions (still) defeat creditor

We have previously blogged about the Bermuda Supreme Court decision regarding Adria AG (Adria) and its unsuccessful efforts to claim bona vacantia property (ownerless property which by operation of law passes to the Crown) previously owned by N-ReN International Ltd, a company which was struck off the register of companies decades ago. Adria wished to ensure

 3+

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.   

 29+

Revisiting Costs Awards – BVI Court of Appeal rules on Fairfield Sentry Limited (In Liquidation) v Farnum Place LLC

The BVI Court of Appeal recently varied a costs order based on a material change of circumstances – in this case, the decision of the United States Court of Appeals for the Second Circuit (SCCA). Fairfield Sentry (Sentry) (a BVI Company) was a feeder fund of Bernard Madoff’s company BLMIS which went into liquidation pursuant

 2+

Bermuda: place of domicile trumps forum non conveniens

In a recent decision of the Supreme Court of Bermuda Justice Hellman held in Athene Holding Ltd v Imran Siddiqui that the proper forum for a claim against a Bermuda company, and its directors, is likely to be Bermuda. S and C were a director and officer respectively of Athene (a Bermuda company). During the

 5+

In the matter of Matrix Inc – Arbitral awards in Cayman Islands

In In the matter of Matrix Inc., the Grand Court of the Cayman Islands considered whether a debt owed under an arbitral award is disputed bona fide on substantial ground where a cross claim existed and deliberated on the proper exercise of its discretion in order to determine whether it should make a winding-up order.

 3+

Bermuda Court of Appeal – US sanctions (still) defeat creditor

We have previously blogged about the Bermuda Supreme Court decision regarding Adria AG (Adria) and its unsuccessful efforts to claim bona vacantia property (ownerless property which by operation of law passes to the Crown) previously owned by N-ReN International Ltd, a company which was struck off the register of companies decades ago. Adria wished to ensure

 3+

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Harneys Happenings

Revisiting Costs Awards – BVI Court of Appeal rules on Fairfield Sentry Limited (In Liquidation) v Farnum Place LLC

Bermuda: place of domicile trumps forum non conveniens

In the matter of Matrix Inc – Arbitral awards in Cayman Islands

Bermuda Court of Appeal – US sanctions (still) defeat creditor

Special protection arguments “employed” in Zhaopin – Further guidance on standard directions in Cayman Appraisal Litigation

Cayman Court of Appeal considers the Nilon Rectification Jurisdiction

2 years running – Harneys ranked in the Top 30: GRR 100 Guide

QC Corner: David Lewis QC

Arbitration Update – The Nema Principles apply in Bermuda

Appointing liquidators to a company in the BVI following an alleged loss of substratum

Security for costs – Don’t Delay!