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 +
One commentator makes the following observation about the firm, "Peers compliment the firm's ability to excel in more complex deals, and the team is certainly moving in the right direction".
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 --
Country-by-Country Reporting Portal launch: grace periods and early advice
The Cayman Islands (‘Cayman’) Ministry of Finance (‘Ministry’) has published advice on how entities affected by the new Country-by Country Reporting (‘CbCR’) regime (‘Entities’), should prepare for it including information on grace periods in the regime's first year of operation. The ...
Cayman CRS Updates: AEOI Portal to reopen In March 2018
In an Industry Advisory dated 1 February 2018, the Cayman Islands (‘Cayman’) Ministry of Financial Services has advised that the Cayman Automatic Exchange of Information (‘AEOI’) Portal (‘Portal’) will re-open in March 2018. Further, the Cayman Department for International Tax Cooperation...
Application Of The Cayman Islands Country-By-Country Reporting Regulations To Insurance And Captive Insurance Companies
As part of the Cayman Islands’ ongoing commitment to international tax transparency, the Tax Information Authority (International Tax Compliance) (Country-By-Country Reporting) Regulations, 2017 (the ‘Regulations’) were issued on 15 December 2017. ...