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2019-01-26

【Offshore Companies】

CAYMAN ISLANDS: Beddoe relief can be granted retrospectively

A trustee of a Cayman Islands trust can retrospectively obtain Beddoe relief on litigation costs, the Cayman Grand Court has held in the Stingray Trust case.

The relief can even be granted where the litigation in question has been determined before the application was made, but only in exceptional circumstances.

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