The Cayman Islands Monetary Authority (“CIMA”) has changed the application form for the registration of Virtual Asset Service Providers (VASPs) through the REEFS portal. Additionally, CIMA has issued an update to the Rule and Statement of...
Stuarts litigation and dispute attorneys are well versed in advising on and dealing with applications for interim relief in the context of wider Court proceedings including, applications for freezing injunctions, preservation of property pending trial, interim payment in respect of damages, security for costs and search orders.
Stuarts’ Litigation and Dispute Resolution department is well versed in advising on and dealing with applications for interim relief in the context of wider Court proceedings. Particular examples of such interim applications include:
- applications for freezing injunctions to preserve assets that may be available where it is suspected that a defendant will seek to dissipate assets so as to frustrate the enforcement of a judgment.
- applications for the preservation of property pending trial.
- applications for an interim payment in respect of damages, particularly in circumstances where liability is admitted. Such claims may be made in insurance-related disputes.
- security for costs, which may be available to defendants where there is evidence that the plaintiff is impecunious or where there is some other reason to suspect that the defendant would have difficulties in enforcing a costs award made in its favour.
- Anton Piller orders, more commonly known as search orders.
See more information on Commercial Litigation and Insolvency and Arbitration in the Cayman Islands.