Banking & Financial Services Lawyers

2026 Guide to Lending & Secured Finance in the Cayman Islands

This country-specific Q&A provides an overview of Lending & Secured Finance laws and regulations applicable in Cayman Islands.

Caroline Barton, Maree Martin

Experience Meets The Future: Inside Appleby's Property Team

Why Appleby Jersey's Property team offers grounded advice that is never stuck in the past

John Bisson, Jeff O’Boyle, Kate Westwater

The Interplay Between Supervision Applications and Winding Up on the Just and Equitable Ground: Re Atlas Capital Markets LLC

In its recent judgment in Re Atlas Capital Markets LLC [2026] CIGC (FSD) 19, the Grand Court considered itself bound to make a supervision order pursuant to s.131(b) of the Companies Act, notwithstanding that the company was the subject of a pending just and equitable winding up (J&E) petition when its voluntary liquidation was commenced; and rejected an attack on the joint voluntary liquidators’ (JVLs) independence, which was principally based on a misreading of the JVLs’ evidence and lacked any objective foundation. The authors, who successfully represented the JVLs in obtaining the supervision order, discuss this important judgment further below – which is believed to be the first decision on the interplay between supervision applications and J&E proceedings under the Companies Act – and offer their views on the guidance that shareholders petitioning on the just and equitable ground may derive from it in future cases.  The challenge to the JVLs’ independence was rejected on the well-established principles which Doyle J discussed in Re Global Fidelity Bank [2021] 2 CILR 361, and is not discussed in further detail below.

Andrew Jackson, Luke Burgess-Shannon, Sofia Kranjec

Back to Basics - Dispute Series

Winding-Up Petitions in the BVI – A Practical Guide For Creditors Applying to appoint a BVI liquidator is one of the most cost effective and efficient tools available to creditors who want to recover debts or liabilities from BVI companies and is often a go-to strategy where simpler methods of debt collection have failed. Once appointed, a liquidator has a broad range of immediate powers including the ability to take possession and control of all of the company’s assets. In this guide, we highlight the process and the key principles for creditors to consider prior to and during the liquidator appointment process. 

Daniel Mitchell, Kara Benjamin

Economic substance regime now falls under Cita

Recent amendments to Bermuda’s economic substance regime have transferred regulatory responsibility from the Registrar of Companies to the Corporate Income Tax Agency.

Skye Burrows

Guide to Mergers & Acquisitions (M&A) in Bermuda 2026

A guide to Mergers & Acquisitions (M&A) law and practices in Bermuda, with a focus on key areas including deal structure, due diligence requirements, regulatory frameworks, treatment of seller liability, deal process, hostile bids and other trends across the M&A sector in the jurisdiction.

Matthew Ebbs-Brewer, James Batten, Katie Blundy, Arielle DeSilva

ReConnect 2026: Practical takeaways for Reinsurers, Cedants and Investors doing business in the Cayman Islands

The Cayman International Reinsurance Commercial Association (CIRCA) held its annual conference, [Re]Connect, last week at the Ritz-Carlton, Grand Cayman. This year’s [Re]Connect has once again demonstrated Cayman’s growing influence in global reinsurance and the strength of the jurisdiction’s regulatory, professional and commercial ecosystem. The event brought together 675 registered delegates, including reinsurers, cedants, major US law firms, audit firms, tax practices, asset managers, overseas regulators, industry leaders and rating agencies – as well as Appleby Cayman’s [Re]Insurance Team, with Miriam Smyth, Regulatory Counsel, speaking on a panel of experts on structuring, licensing and operating a Cayman insurer.

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Miriam Smyth, Jacob MacAdam, Martin Byers, Simon Raftopoulos, Dean Bennett

FamilyMart and Beyond: The Continuing Influence of the Privy Council’s Landmark Decision on Shareholder Litigation

The Privy Council's decision in FamilyMart China Holding Co Ltd v Ting Chuan (Cayman Islands) Holding Corp [2023] UKPC 33 is a landmark ruling that distinguishes the arbitrability of underlying shareholder disputes from the court's exclusive jurisdiction over just and equitable winding-up of a Cayman company.

John McCarroll SC, Alvin Sin

Regulation, Regulation, Regulation

The article discusses updates to global trust guidance and regulation, as well as beneficial ownership and the regulatory burden on trustees that comes with increased transparency.

Richard Grasby

Prospects of Asian Companies in U.S. Listings in 2026

Nasdaq introduced a series of rule changes in 2025 to raise minimum requirements for public float and offering size for certain new listings.

Kitty Chan