Families and firewalls—new trusts case law in the Cayman Islands (In the Matter of the A Trust)

Table of contents

• Original news
• What is the background to the case?
• What legal issues does it involve?
• To what extent is the judgment helpful in clarifying the law in this area?
• To what extent is it significant that the case concerned a STAR trust?
• Are there circumstances where the trustee should submit to the jurisdiction of a foreign court?
• What are the practical lessons for advisers?

Article summary

Private Client analysis: Robert Lindley, counsel & head of private client and trust department for both the Cayman Islands’ and British Virgin Islands’ offices of Conyers Dill & Pearman , and Bernadette Carey, counsel in the litigation and private client departments of Conyers Dill & Pearman in the Cayman Islands, discuss new case law that confirms the operation of the ‘firewall’ provisions of the 2011 Trusts Law in relation to foreign matrimonial proceedings.