HSM

LAW

07/24/2020 | HSM LAW

Attorney Advice on Strata Properties in the Cayman Islands

With the reopening of the real estate and construction sectors of Cayman’s economy, potential customers are most likely purchasing within a strata community. HSM Property Attorney Oscar DaCosta equips buyers with everything they need to know when it comes to Read more +

07/20/2020 | HSM LAW

HSM Private Client Lawyer Ranks in Chambers HNW Guide 2020

Congratulations to our Head of Private Client and Trusts, Robert Mack, for being ranked by Chambers and Partners in their High Net Worth (HNW) Guide 2020 for Offshore: Trusts in Cayman Islands. Cited on the Chamber website, an offshore commentator Read more +

07/16/2020 | HSM LAW

Cayman’s Grand Court Applies the ‘No Detriment’ Test to a Variation and Termination of a Trust

The recent unreported judgement of Kawaley J in the Grand Court of the Cayman Islands of Butterfield Trust (Cayman) Limited v A,B,C et. al (Cause 119 of 2020) raised a number of interesting issues in relation to a ‘category two’ Read more +

CORPORATE SERVICES

05/26/2020 | HSM Corporate Services

Fee Concessions for Small and Micro Businesses in the Cayman Islands

The Trade & Business Licensing (Amendment of Schedule) Regulations, 2020 (the “Amendment Schedule”) has been gazetted as of 1 May 2020. Whilst earlier amendments to the Cayman Islands Trade & Business Licencing (“TBL”) regime got much coverage in the local Read more +

03/23/2020 | HSM Corporate Services

Cayman Set to Introduce New Virtual Asset Legislation

Further to the Cayman Islands Governments’ recent changes to the Anti Money Laundering (AML)/Combatting the Financing of Terrorism (CFT) regime to include virtual asset services as “relevant financial business” the jurisdiction is now set to implement a registration and licensing Read more +

02/19/2020 | HSM Corporate Services

Cayman Introduces New Private Funds Law and Mutual Funds (Amendment) Law

The Private Funds Law (“PF Law”) which provides for the registration of closed-ended funds (termed ‘private funds’) with the Cayman Islands Monetary Authority (CIMA) came into force on 7 February 2020. Definition of Private Fund A vehicle will be a Read more +

INTELLECTUAL PROPERTY

06/29/2020 | HSM IP LTD

New Trinidad & Tobago Trade Marks Law Implemented 25 June 2020

The long-awaited Trade Marks Act, No. 8 of 2015, (‘the New Act’) and accompanying Trade Marks Regulations, 2020, (‘the Regulations’) came into effect in Trinidad and Tobago on 25 June 2020. The Act was originally passed in June 2015, but Read more +

05/29/2020 | HSM IP LTD

Caribbean and Latin American IP Filings on the Rise Again amid COVID-19

With many Intellectual Property (IP) media sources citing a reduction in the number of IP filings since the start of the COVID-19 outbreak around the world, HSM IP is pleased to report that in May 2020 we saw a rise Read more +

04/30/2020 | HSM IP LTD

CIIPO Operations COVID-19 Update and Annual Fee Extension

The Cayman Islands Intellectual Property Office (CIIPO) is working remotely during the COVID-19 crisis and as a way to assist brand owners, has extended the deadline for the payment of 2020 annual fees for IP rights to 30 June 2020 Read more +