Daisy Boulter

Daisy Boulter

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Cayman Update: Transfers of insurance business without approval by CIMA in breach of Section 31 of the Insurance Act, 2010 are...

On 17 May 2023, the Honourable Justice Sir Anthony Smellie KC held in Premier Assurance Group SPC Ltd. (in Official Liquidation) v Providence Insurance Company I.I (for and on behalf of Premier Assurance Segregated Portfolio...more

6/2/2023  /  Breach of Contract , Cayman Islands , CIMA , Insurance Acts , Regulatory Standards

Learning from Mistakes: Imposing Constructive Trusts over Mistaken Payments

Synopsis In the recent judgment of Re Premier Assurance Group SPC Ltd. (in Official Liquidation) (unreported, Smellie C.J., Cause No. FSD 264 of 2020 (ASCJ), 7 April 2022), the Grand Court of the Cayman Islands sanctioned a...more

2/6/2023  /  Cayman Islands , CIMA , Companies Act , Constructive Trusts , Insolvency , Jurisdiction , Liquidation
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