Case Law Summaries

New York – Derivative Suit - Cayman Islands Company

New YorkDavis v. Scottish Re Group Limited, 2017 NY Slip Op 08157, decided 11/20/17.  The New York Court of Appeals held that a Cayman Islands court rule pertaining to the filing of derivative suits was procedural, and therefore did not apply to a derivative action filed on behalf of a Cayman Islands company in New York.

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