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 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 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 Jersey: Royal Court Hands Down £77m Summary Judgment Against Directors (Wood & Adam v Khumalo) The Royal Court of Jersey has handed down judgment in Wood & Adam v Khumalo and Ors [2026] JRC 202, granting £77 million in summary judgment against former directors of Gold & General Ltd, a Jersey en... Jersey Litigation
Hayden Morgan BVI & UK Commercial Court: Statutory Derivative Suits Bypass SHA Vetoes (Tether Investments v Electric Solidus) In Tether Investments S.A. de C.V. v Electric Solidus, Inc [2026] EWHC 1652, the High Court (Commercial Court) considered the interaction between BVI statutory derivative actions and contractual veto ... BVI Litigation UK
Hayden Morgan Cayman Islands: Court of Appeal Overturns Paper Winding-Up in 1MDB Fraud Dispute (In re PetroSaudi International) The Cayman Islands Court of Appeal (CICA) has handed down its decision in In the Matter of PetroSaudi International [2026] CICA (Civ) 14. The appeal arose in connection with international recovery eff... Cayman Litigation
Hayden Morgan UK High Court & Offshore Fund Nexus: PE Continuation Vehicle Asset Transfers Voided (Cedar Mundi) The High Court of England and Wales (Commercial Court) has handed down judgment in Cedar Mundi (Holding) SAL v Bassel Attieh and others [2026] EWHC 1820 (Comm), setting aside two transactions that pur... BVI Cayman Litigation UK
Hayden Morgan British Virgin Islands: Sanctioned Litigants' Access to Courts and Freezing Relief (AO Alfa-Bank v Kipford) The Eastern Caribbean Court of Appeal (ECCA) delivered a major judgment in AO Alfa-Bank v Kipford Ventures Limited (BVIHCMAP2024/0007). The ECCA allowed the appeal brought by designated Russian financ... BVI Litigation Sanctions
