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A Balancing Act: An Analysis of the Cayman Islands Case ‘In The Matter of The X Trust and The Y Trust’
Date: 19/12/2023 Type: Articles Topic: Private Client | Investment and HNWI’s |Author: Robert Lindley, Anna Lin, Wesley O'Brien & Catherine Wong - Conyers Dill & Pearman
This article analyses a recent case in the Cayman Islands which demonstrate the scope of the Courts’ supervisory role and powers. The decision provides clarity as to the approach to be taken by the Courts in similar cases in other offshore and common law jurisdictions, and serve as a useful reminder of the fact that the Courts will not substitute their own views for those of trustees or beneficiaries, and will generally give priority to the specific facts of each case.
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