‘People keep arguing’
Disputes continue to thrive across the offshore world. What are they arguing about?
When the economy’s going well, people argue about profits being made, and when it’s going down, they argue about who caused who losses,” says Stephen Baker, senior partner of Baker & Partners, a specialist offshore disputes firm headquartered in Jersey. “People keep arguing and I don’t see human nature changing,” he adds.
In October 2020, Baker opened a Cayman office which has recently expanded further to cope with demand. “We’ve been very busy,” says Baker. “In Cayman, it’s insolvency driven. The idea of Cayman is to replicate what we’ve been doing in Jersey: having a litigation-only, conflictfree offering, in both the real conflict sense and the soft conflict sense.”
August 2023 News
Securitisation and Cayman Orphan SPVs – Part Three
In the final article in a series of three, Paul Trewartha and Simon Lawrenson, Partners at Mourant Hong Kong, examine the key features of a securitisation vehicle and the advantages of utilising an Orphan SPV in the Cayman Islands for a securitisation transaction. In the first article of the series Securitisation and Cayman Orphan ...
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Cream of Jersey: best in class
Dominic Carman meets with the managing partners of Jersey’s elite law firms to discover how they are rising above economic challenges to deliver growth Enjoying a preeminent reputation as a major international finance centre that is both stable and at the forefront of international regulation, Jersey is often cited as a best-in-class offshore jurisdiction. ...