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The Shareholder Rule - The Demise Of An Exception To Legal Advice Privilege?
Baker & Partners are most popular: with readers working within the Advertising & Public Relations and Healthcare industries Up until the landmark Privy Council decision in Jardine Strategic Ltd v Oasis Investments II Master Fund Ltd & Ors No 2 (Bermuda) [2025] UKPC 34, a company could not, in the course of litigation between it and its shareholders or former shareholders, withhold documents from inspection on the grounds of legal advice privilege (the Shareholder Rule).
A general introduction to asset tracing and recovery in Cayman Islands
The Cayman Islands is a major offshore financial centre.
Year in review: Asset tracing and recovery in Cayman Islands
As of December 2024, there were 393 filings in the Financial Services Division (FSD) of the Grand Court of the Cayman Islands and 146 written judgments were handed down by the FSD. The Cayman Islands Court of Appeal civil division delivered 16 written judgments. In November 2024, the Cayman Islands was appointed as a guest member of the Financial Action Task Force (FATF) for one year under its new Regional Bodies Guest Initiative.
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