The Offshore Litigation Blog and our contributors
The Harneys Offshore Litigation Blog is a unique online hub for news and insights about offshore litigation in jurisdictions including the British Virgin Islands, the Cayman Islands, and Bermuda. We are the authoritative resource for recent cases, jurisdictional news, court lists, interviews with the judiciary and even some tips on island life.
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Close encounters of the third kind of personal property – Digital assets and the definition of personal property
The title of this article might accurately describe the alien encounter and possibly out-of-body experience that some have faced when trying to understand digital assets, particularly cryptocurrency, and whether they are considered property.
17 Sep 2024
Securing Norwich Pharmacal relief against a digital asset exchange: a legal milestone in asset recovery
In a recent matter our firm obtained Norwich Pharmacal relief against a centralised digital asset exchange, marking an important first step in the effort to recover misappropriated digital assets. While the Grand Court did not issue a formal judgment, it made several noteworthy observations that may influence the future handling of similar cases.
29 Aug 2024
Float like a butterfly or sting like a fixed charge - fixed or floating charges on digital assets
In the recent case of Re UKCloud Ltd (In Liquidation), the English High Court examined whether the effect of a debenture granted by the Company gave the benefit of a fixed or floating charge over its internet protocol (IP) addresses. The distinction was important, impacting recoveries for the Company’s unsecured creditors.
13 Jun 2024
Expanded jurisdiction for interim orders issued by Cyprus courts
The Cyprus legal system has been subject to recent reforms which seek to streamline its processes and offer efficient recourse to the courts in dispute resolution.
12 Mar 2024