Judge’s decision increases Cayman’s standing
(CNS): The decision made by Justice Charles Quin in the Cayman Islands Grand court last May (See CNS article) to grant a free standing Mareva injunction in Cayman continues to attract attention as having increased the jurisdiction’s standing in the legal world. In this month’s edition of STEP Journal, the industry magazine for the trust sector, a Canadian based lawyer writes about how important the decision was. Andrew Rogerson explains how Quin broke legal precendent and acknowledged the need for change regarding a case which came before him concerning a wife’s application to freeze her husband’s not inconsiderable assets, which had been granted in Canada.
Category: Finance
