On 20th December 2022, the Cayman Islands Court of Appeal (“CICA”) delivered its second judgment in the matter of Changyou.com Limited v Fourworld Global Opportunities Fund Ltd & others (“Changyou.com case”). The CICA...more
5/3/2023
/ Appeals ,
Appellate Courts ,
Cayman Islands ,
CICA ,
Companies Act ,
Dissenters Rights ,
Mergers ,
Shareholders ,
Short-Form Mergers ,
Stocks ,
UK Privy Council
The United Kingdom Supreme Court (the “UKSC”) recently delivered its eagerly anticipated judgment in BTI 2014 LLC v Sequana SA and others [2022 UKSC 25] (“Sequana”). The reasoning in Sequana will be highly persuasive in the...more
11/4/2022
/ Appeals ,
Breach of Duty ,
Cayman Islands ,
Directors ,
Fiduciary Duty ,
Good Faith ,
Insolvency ,
Jurisdiction ,
Shareholders ,
UK ,
UK Companies Acts ,
UK Supreme Court
The Judicial Committee of the Privy Council (‘the JCPC’) is the final and highest Court of Appeal for the Cayman Islands, eleven other British Overseas Territories, three Crown Dependencies and nine commonwealth countries...more