In its recent judgment in Aquapoint LP (in Official Liquidation) v Fan,[1] the Privy Council upheld the judgments of the Grand Court and Cayman Islands Court of Appeal (CICA). The ruling confirms that the exercise of strict legal rights under a limited partnership agreement – even one containing detailed contractual terms and “entire agreement” clauses – can nevertheless be subject to equitable considerations in certain circumstances. Where those equitable considerations arise, they may justify the winding up of an exempted limited partnership on the “just and equitable” basis. Appleby acts for the joint official liquidators of Aquapoint; for further details on the background of this case, see Appleby’s previous article here.
Listing Private Equity Acquisition Debt on The International Stock Exchange (TISE)
an introduction to listing private equity acquisition debt on The International Stock Exchange (TISE) as well as a summary of Appleby’s listing agent services in the Channel Islands.
Do cryptocurrencies count as money?
When Satoshi Nakamoto first proposed bitcoin in 2008, he described it as a “peer-to-peer electronic cash system”.
Bermuda: Americas Restructuring Review 2026
This article discusses the defining features of Bermuda’s insolvency landscape and the primary insolvency and rescue procedures available under Bermuda law, including compulsory liquidations, provisional liquidations and schemes of arrangements.
Where there is a will, there is a claim
Imagine living with your partner for more than a decade, only to discover that under Bermuda law, you have no automatic right to their estate if they die without a will.
