Hayden Morgan Cayman Islands: Grand Court Applies Order 24 Rule 7A Non-Party Discovery (Tianrui) The Financial Services Division (FSD) of the Grand Court delivered its inaugural ruling interpreting Grand Court Rules Order 24, Rule 7A in Tianrui (International) Holding Co Ltd v China Shanshui Ceme... Cayman Discovery Litigation
Hayden Morgan BVI: Commercial Court Removes Liquidators for Failure of Neutrality In a Section 187 removal application under the BVI Insolvency Act, the BVI Commercial Court ordered the removal of joint liquidators who took an adversarial stance against a major creditor, delayed ho... BVI Insolvency
Hayden Morgan Singapore: Model Law Bars Retrospective Fraudulent Trading Standing (Blackstone Asia v StanChart) In Blackstone Asia Real Estate Partners Ltd v Standard Chartered Bank [2026] SGCA 12, the Singapore Court of Appeal held that Article 23(9) of the SG Model Law prohibits granting foreign liquidators s... Hong Kong Insolvency
Hayden Morgan Cayman Islands: Proof of Debt Submission Equals Jurisdictional Submission (Conway v Air Arabia) In Conway v Air Arabia [2026] CICA (Civ) 10 (arising from the Abraaj liquidation), the Cayman Islands Court of Appeal confirmed that a foreign creditor who lodges a proof of debt implicitly submits to... Cayman Litigation
Hayden Morgan Jersey: £77m Director Liability & Domestic Administration Regime Active In Wood & Adam v Khumalo and ors [2026] JRC 202, the Royal Court of Jersey granted summary judgment against two former directors for a £77 million asset-stripping scheme executed prior to liquidation....
Hayden Morgan Cayman Islands: Grand Court Refuses LP Specific Discovery Against GP (Thalassa Investments) In Thalassa Investments LP [2026] CIGC (FSD) 32, the Financial Services Division of the Cayman Grand Court refused an application by limited partner (LP) petitioners for specific discovery from a gene... Cayman Litigation
Hayden Morgan SDNY: District Court Vacates Chapter 11 Plan Exculpations (In re Voyager Digital) Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York has vacated confirmation order exculpation provisions in In re Voyager Digital Holdings, Inc. (No. 23-CV... Insolvency SDNY
Hayden Morgan Hong Kong: High Court Enforces Heavy Security Conditions on Award Enforcement Stays In three commercial judgments, the Hong Kong High Court has established a firm stance on arbitral award enforcement, requiring award debtors to provide substantial security—ranging from 20% to 70% of ... Hong Kong Litigation
Hayden Morgan Cayman Islands: High Threshold Re-Affirmed for Open Justice Derogations (Fundbank) In Fundbank Ltd v Accurso [2026] CIGC (Civ) 9 (published 23 July 2026 / analysis released late August 2026), Acting Justice Walters dismissed a defendant's application for broad file-sealing and confi... Cayman Litigation
Hayden Morgan Singapore: Appellate Division Quadruples Fraud Damages (UOB v Lippo) The Appellate Division of the High Court of Singapore released its decision in United Overseas Bank Ltd v Lippo Marina Collection Pte Ltd [2026] SGHC(A) 21, quadrupling the bank's awarded damages to S... Fraud Singapore
Hayden Morgan Hong Kong: High Court Rejects PwC Global Network's Bid to Exit Evergrande Lawsuit In a judgment handed down on 26 August 2026, Deputy High Court Judge Patrick Fung rejected an application by PricewaterhouseCoopers International Ltd (PwCIL) to be struck out of the multibillion-dolla... Hong Kong Insolvency
Hayden Morgan Singapore: Apex Court Reaffirms AnAn Arbitration-Insolvency Framework In Singapore Commodities Group v Founder Group [2026] SGCA 24, the Singapore Court of Appeal reaffirmed the AnAn framework governing winding-up petitions founded on disputed debts subject to arbitrati... Insolvency Singapore