Legal Insights

Why segregated portfolio companies are thriving in Cayman? Loeb Smith’s corporate Partner Gary Smith talks to HFM Week about SPCs. HFMWeek (HFM): How versatile are SPCs? What makes them this way?

This article first appeared in Volume 12, Issue 1. of International Corporate Rescue, published by Chase Cambria Publishing. Gary Smith reviews the decision of the United States Bankruptcy Court Southern District of New York in re: Soundview Elite, Ltd., et al., Debtors (Case No. 13-13098 (REG)) as another…

Cayman Islands Advice on Statutory Demands A statutory demand is a formal demand for payment of a debt made by a creditor to a debtor. It may be used as the basis for an application for a petition to wind up a Cayman company. Service and content of…

In This Issue An Overview of Cayman Law Governing Hedge Funds What are the key statutes and regulations that govern hedge funds in the Cayman Islands? Which regulatory bodies regulate hedge funds? What are the main legal vehicles used to set up a hedge fund and what are…

Good News for Cayman Islands Domiciled Private Equity Funds! The legal landscape for Cayman Islands domiciled private equity and venture capital funds has changed significantly in 2014 as a result of the coming into force of two new laws in the Cayman Islands. Attached is an analysis article…

The Cayman Islands continue to be the leading offshore jurisdiction for the establishment of both hedge funds and private equity funds. Typically, private equity funds are structured in Cayman as exempted limited partnerships (“ELPs”) and the introduction of the Exempted Limited Partnership Law, 2014 (the “New ELP Law”),…

Licence and Registration, please! – The new licensing and registration regime for Directors of Cayman Islands companies. Cayman Islands introduce new regime for registration and licensing of Directors On 4th June 2014, the Directors Registration and Licensing Law, 2014 (the “ Law ”) came into force in the…

The Cayman Islands (Cayman) continue to be the leading offshore jurisdiction for the establishment of hedge funds, private equity funds, and investment funds focused on other asset classes. A large number of Cayman funds are structured as exempted limited partnerships (ELPs) where the affairs of the ELP are…