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Recent Commercial Division Decision Provides a Primer to the Myriad of Potential Issues Associated with Collecting A Judgment Against Alleged Foreign Alter-Egos | Patterson Belknap Webb & Tyler LLP

On November 10, 2021, a Commercial Division Court issued a decision on a motion to dismiss the claims brought by Wilmington Trust Company (“WTC”) against a wide range of parties that. ....

New York , United States , Hellas Telecomm , Justice Reed , Volkswagenwerk Aktiengesellschaft , Justice Friedman , Wilmington Trust Company , First Department , Recovery Corp , Wilmington Trust Co , Hellas Telecommunications , Hellas Group , District Court , Division Court , Forum Non Conveniens , Apax Partners , Business Corporation Law , Patterson Belknap Webb Tyler , Patterson Belknap Webb , Commercial Division Court , Hellas Entities , Judgment Debtors , Apax Defendants , Penal Law , Creditor Law , Personal Jurisdiction ,

Delaware Judge Approves Policyholder's Preferred Forum

A Delaware Superior Court judge upheld a policyholder’s preferred forum in Delaware, denying five insurers’ motion to dismiss or stay the Delaware coverage action filed after the insurers had filed suit preemptively in Texas. CVR Refining, LP v. XL Specialty Insurance Co. ....

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Court Rejects Attempts To Manufacture Venue And Dismisses Action

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Stingray Trust: Determining The Scope Of Cayman Firewall And Forum Provisions - Corporate/Commercial Law

Summary
Geneva Trust Company v
IDF and MF or
Re Stingray Trust
Judgment) is the
latest in a line of decisions of the Cayman Islands courts
considering the meaning and scope of the Cayman firewall
provisions. The Grand Court has now provided important
clarification about the effect of Section 90 of the Trusts Act
2020
2 - that it does not operate to bestow
exclusive jurisdiction on the Cayman Islands courts (as previous
cases have suggested) and that common law principles of
forum
non conveniens still have relevance and application in the
context of disputes concerning Cayman Islands trusts.
The Court also provided further guidance on the application of ....

Cayman Islands , Crocianiv Crociani , Stingray Trust The , Grupo Torras Sa Anorv Bank , Cayman Court , Forum For Administration Clause , Geneva Trust Company , International Trustee , Butterfield International Cayman Limited Ors , Forum Non Conveniens , Cayman Islands Court , Merrill Lynch Bankv Demirel Ors , Re Stingray , Forum Clause , Citation Of Acts Parliament Law , Trust Company , Grand Court , Trusts Act , Trusts Foreign Element , Cayman Islands Trusts , Stingray Trust , Cayman Courts , Tan Poh , Originating Summons , Trusts Law , Parliament Law ,

Firewall And Forum - Corporate/Commercial Law

Summary
Geneva Trust
Company v IDF and MF or
Re Stingray
Trust
Judgment) is the
latest in a line of decisions of the Cayman Islands courts
considering the meaning and scope of the Cayman firewall
provisions. The Grand Court has now provided important
clarification about the effect of Section 90 of the Trusts Act
2020
2 - that it does not operate to
bestow exclusive jurisdiction on the Cayman Islands courts (as
previous cases have suggested) and that common law principles of
forum non conveniens still have relevance and application
in the context of disputes concerning Cayman Islands trusts.
The Court also provided further guidance on the application of ....

Cayman Islands , Crocianiv Crociani , Stingray Trust The , Grupo Torras Sa Anorv Bank , Cayman Court , Forum For Administration Clause , Parliament Law , Butterfield International Cayman Limited Ors , Forum Non Conveniens , Cayman Islands Court , Merrill Lynch Bankv Demirel Ors , Forum Clause , International Trustee Limitedv Tan Poh , Geneva Trust , Grand Court , Trusts Act , Trusts Foreign Element , Cayman Islands Trusts , Stingray Trust , Cayman Courts , Tan Poh , Originating Summons , Trusts Law , Butterfield International , Merrill Lynch Bank , Trustee Limited ,