Cayman Law Firm
Solomon Harris is a full service corporate/commercial law firm specialising in international offshore work with recognised expertise in a number of niche areas, including investment funds, captive insurance, capital markets and corporate restructuring/insolvency. The firm has developed a reputation as one of Cayman's top tier firms for providing effective offshore legal solutions, both promptly and efficiently. The firm continues to be recognised as a top ranking Cayman firm by the leading UK international law firm directories, such as Chambers Global and Legal 500 and is perceived in the market as a more "nimble" alternative to its larger competitors with a complement of very experienced lawyers across all work groups.
Nature of Practice
Solomon Harris' reputation has been built on its consistent responsiveness to client needs and its straightforward, commercially focused advice. The firm's clients include major financial institutions, public and private companies, high net worth individuals, major onshore law firms and accounting firms, including a number of well-recognised names such as Société Générale, Unibanco, Banco Itau, Harcourt and PricewaterhouseCoopers. In addition to providing services directly to clients, the firm has also assisted clients by providing management of legal counsel in other Caribbean jurisdictions. Read more +
Although the Firm is structured in departments (Corporate/Commercial; Dispute Resolution, Insolvency and Corporate Recovery; and Local Practice/Banking), the boundaries between the departments are very fluid and frequently work is handled on a cross-departmental basis.
The firm's main practice areas, in alphabetical order, are: Capital Markets; Company and Partnership Formation; Corporate Recovery/Insolvency; Dispute Resolution; Employee Benefits; Finance; Insurance; Investment Funds and Private Equity Funds; Listing Services, Local Commercial, Banking and Licensing; Mergers, Acquisitions and Joint Ventures; Private Client (trusts, wills, probate, estate matters); Real Estate/Property Law. read less --
FATCA Goes Live: Cayman Islands
As of 1 July 2014 Cayman Islands ('Cayman') Financial Institutions ('FI's) will need to apply due diligence procedures to all new reportable accounts under the United States ('US') Foreign Account Tax Compliance Act ('FATCA') pursuant to the Model 1 Intergovernmental Agreement ('IGA') the Cayman Gov...
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Beware of Document Privilege Traps: Court Governed Liquidation is not Litigation
Tchenguiz v Director of the Serious Fraud Office (Non-Party Disclosure) aka Rawlinson and Hunter Trustees SA v Akers UKCA (Civil Division) 20 February 2014  EWCA Civ 136 The UK Court of Appeal ('UKCA') recently confirmed a decision that liquidators had to disclose reports that they...
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New Exempted Limited Partnership Law comes into force
The Cayman Islands Exempted Limited Partnership Law, 2014 came into force last week following its gazettal on Wednesday, 2 July 2014. The new law (the 'Law') is the result of years of consultation with the financial services industry and is designed to make the already popular Exempted Limited Partn...
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