The Cayman Islands, consisting of Grand Cayman, Cayman Brac and Little Cayman, are a British overseas territory located in the western Caribbean Sea. Cayman is a major world offshore centre and a tax neutral environment, which, in conjunction with the Read more +
Nick Joseph (Partner) and Peter de Vere (Head of Corporate and Commercial) explore the requirements for Economic Substance in the Cayman Islands and what it means for this jurisdiction. For a full overview on whether or not your business may be affected by this Read more +
Our Head of Private Client and Trusts, Robert Mack, will be travelling this year to attend two conferences by the Society of Trust and Estate Practitioners (STEP). STEP Miami’s 10th Annual Summit takes place on May 31 at the Four Read more +
On March 8 2019, the Legislative Assembly approved a broad series of enhancements to the Trusts Law of the Cayman Islands as described in the Trusts (Amendment) Bill, 2019. Our Head of Private Client and Trusts, Robert Mack, shares that Read more +
HSM’s Adam Crane to Speak at ABI 2019 Spring Meeting
Our Senior Associate, Adam Crane, will be attending and speaking at the American Bankruptcy Institute (ABI) Annual Spring Meeting on April 11-14, 2019 at the Marriott Marquis in Washington, D.C.
Adam will be speaking in a panel discussion on April 13 from 8:30am to 9:30am. The topic is: ‘how to find hidden foreign assets here and there’ – hosted by the Commercial Fraud and International Committees.
The panel will explore the challenges with foreign asset discovery in chapter 15 proceedings. Most foreign discovery is obtained either pursuant to Federal Rule of Bankruptcy Procedure 2004 or through the application of the Hague Convention. But how effective are these methods given the cumbersome and often complicated process of obtaining discovery? Are there more effective and efficient methods toward obtaining these results? Do other foreign jurisdictions have less cumbersome and more expedited processes to propound this type of discovery?
The discussion will include: commonly faced issues in obtaining discovery when locating and seizing assets, how to obtain records to determine the financial condition of the parties, and how foreign law may work to limit discovery.
Joining Adam on the panel will be Patricia A. Redmond of Stearns Weaver Miller Weissler Allhadeff & Sitterson (Miami), Ryan W. Blackney of Freeborn & Peters LLP (Chicago) and Ian De Witt of Tanner De Witt (Hong Kong).
We look forward to connecting with you at this conference.