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Cayman Islands Court of Appeal finds jurisdiction to grant freestanding Mareva relief against a non-party

June 2013 Nigel K. Meeson QC

In VTB Capital v Universal Telecom Management and another (Judgment 4 June 2013), the Court of Appeal held that the Cayman Islands Court has jurisdiction to grant a Mareva injunction against a non-party resident in the jurisdiction in support of proceedings against a third party in another jurisdiction. In so doing they disagreed with the first instance Judge Cresswell J, who had held that no such jurisdiction existed.

 

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Cayman Islands Court of Appeal finds jurisdiction to grant freestanding Mareva relief against a non-party

 


Nigel K. Meeson QC
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Articles

Cayman Islands Court of Appeal finds jurisdiction to grant freestanding Mareva relief against a non-party

14 June 2013 Nigel K. Meeson QC

In VTB Capital v Universal Telecom Management and another (Judgment 4 June 2013), the Court of Appeal held that the Cayman Islands Court has jurisdiction to grant a Mareva injunction against a non-party resident in the jurisdiction in support of proceedings against a third party in another jurisdiction. In so doing they disagreed with the first instance Judge Cresswell J, who had held that no such jurisdiction existed.

 

To continue reading full articles in PDF format:
Cayman Islands Court of Appeal finds jurisdiction to grant freestanding Mareva relief against a non-party

 


Nigel K. Meeson QC
Partner

Hong Kong   +852 2842 9553

Mobile   +852 6469 3359


 

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Cayman Islands