HSM LAW
HSM Welcomes Three Interns to 2026 Summer Internship Programme
68 Fort Street, Grand Cayman (27 July 2026): The HSM Group is proud to continue its summer internship programme with three young professionals: Dimitri Seymour (Corporate/Compliance), Diego McLaughlin (Intellectual Property) and Alicia Allen (Intellectual Property). HSM’s Summer Internship Programme commenced Read more +
Trump v Barbara: Why Birthright Citizenship Still Matters in Cayman
A U.S. case with a Cayman history behind it At first glance, Trump v Barbara looks like a purely American case. It concerns President Trump’s attempt to restrict birthright citizenship under the United States Fourteenth Amendment. Cayman does not have Read more +
Cayman Islands Immigration Update – June 2026: An Act of Unintended Consequences, New Work Permit Conditions and Statistics
When the Cayman Islands Government proposed changes to the Immigration Law, released last year, there was one change that stood out and that was the proposed changes to Section 64 of the Immigration (Transition) Act (2022 Revision). This was the Read more +
Cayman Kind and Compassion: A Question for the Caymanian Status and Permanent Residency Board
Over the past 24 months, HSM Chambers have dealt with two cases involving individuals who obtained the Right to be Caymanian through marriage. In both cases, the Caymanian spouse subsequently passed away before three years had elapsed from the grant Read more +
A Look into Cayman's Registered Land (Amendment) Bill, 2020
In November 2018, the Law Reform Commission published a Discussion Paper entitled “The Enforcement Of Mortgage-type Security Over Real Estate: Is Reform Of The Law Necessary?” which sought to consider whether reform of the law in relation to the enforcement of residential mortgages was necessary.
HSM is at the forefront of this discussion and its attorneys Huw Moses (Managing Partner), Sarah Allison (Partner) and Shula Sbarro (Associate) as well as other local attorneys have responded to the Law Reform Commission with an in-depth overview of the mortgage enforcement procedure in the Cayman Islands together with suggested amendments.
On 28 August 2020, the Law Reform Commission published Cayman’s Registered Land (Amendment) Bill, 2020 for public review and comment. The consultation period ends on 16 October 2020.
Notably, the proposed amendments to the legislation would see the introduction of a “Lending and Pre-action Protocol” which aims to encourage greater pre-action engagement between the parties and ensure that both the lender and borrower act fairly and reasonably.
The proposed pre-lending requirements would place obligations upon the lender to: provide the borrower with a prescribed list of information regarding the terms of the contract and consequences of breach prior to the creation of a legal charge; urge the borrower to seek independent legal advice; require the borrower to sign a special acknowledgment regarding their understanding of s.64(1) of the Law; and provide the borrower with a 5 day right of cancellation after entering into the legal charge.
Prior to exercising its power of sale in respect of a residential dwelling, the proposed new amendments mandate that a lender must comply with the Pre-action Protocol requiring the lender to, inter alia, explore solutions to enable the borrower to remedy any default in light of their individual financial circumstances.
The Bill also codifies the procedure for valuing, marketing and selling a charged property which is not dissimilar to the current procedure laid down by the Grand Court Practice Directions. Notably, there is an amendment to a lender’s power of sale which permits a sale of the charged land by public auction, private treaty, Cayman Islands Real Estate Brokers Association (CIREBA) MLS or any other method prescribed by Cabinet.
The Bill introduces a statutory right to apply to the Court for directions including an Order for access but critically, there remains no right to possession until the lender has sold the property.
The Law Reform Commission invites the general public to make comment on the proposed Bill by forwarding submissions to the Director of the Law Reform Commission, 4th Floor Government Administration Building, Portfolio of Legal Affairs, 113 Elgin Avenue, George Town, Grand Cayman, P.O. Box 136, Grand Cayman, KY1-9000 either (1) electronically to jose.griffith@gov.ky or (2) in writing, by post or hand delivery by the deadline of 16 October 2020.
