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Industry Updates

Litigation & Insolvency Update May 2014

07 May 2014

Welcome to the May 2014 edition of our Litigation and Insolvency Update, a summary of recent key developments in the Cayman Islands, British Virgin Islands and Ireland.

Click on any of the following articles to view them:

Cayman Islands

New Third Party Rights Legislation in the Cayman Islands
Cross-border Comity at the Court of Appeal – the Picard v Primeo Decision
Court Clarifies Treatment of Foreign Tax Liabilities in Bankruptcy

British Virgin Islands

The End of the Fairfield Clawback Claims?
Approval of Liquidators' Fees – BVI Court Provides New Guidance

Ireland

Irish High Court Affords Investor Proprietary Claim Against Firm
Extent and Duration of Litigation Privilege

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Legal Services

Access to market leading legal advice across a wide range of industries and sectors is paramount to the success of businesses seeking international expertise with local support. The Maples Group's legal services teams are globally coordinated, with consistent systems, policies and procedures across all offices, and connected by a common goal: to deliver the highest quality advice and solutions to our clients. Offering an extensive range of legal services, we advise financial, institutional, business and private clients on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg, delivering time zone convenience and accessibility from these and other leading key international financial centres. Through constructive dialogue and engagement with governments, regulators and industry associations, we have helped shape financial industry innovation and regulation in many of the jurisdictions in which we operate.

Dispute Resolution & Insolvency

Advising on the laws of the BVI, the Cayman Islands and Ireland, our global Dispute Resolution & Insolvency team provides expert legal advice on cross-border litigation and contentious and non-contentious restructuring.  We offer a broad range of dispute resolution and insolvency services, bringing an unrivalled depth of experience to each dispute and ensuring that you receive fast, accurate and pragmatic advice.