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Cayman Islands

Telecoms, vaccine and energy innovations at next funds and direct Investments webinar

March 11, 2021

Qualifying family offices and private investors will hear exclusive proposals from a sky-high telecoms vehicle, a next-gen cancer and Covid therapeutic, a sports betting platform and a low-cost tidal electricity generator, at the 9th virtual Campden Wealth Funds & Direct Investments Event on 15 April.

Each of the four investment opportunities will be introduced in 15-minute slots to all family offices and investors who will be able to ask questions and discuss the potential.

Why consider a British Virgin Islands or Cayman trust for wealth protection?

December 17, 2019

We are all familiar with the platitudes about trusts: great things if used right, offering potential solutions to asset protection, probate, tax and family issues. The concept of moving the legal ownership of an asset to an unrelated party while still retaining the benefit of it is useful in many contexts.

Court drops case against Saudi family businesses

August 3, 2010

Courts in both New York and the Cayman Islands have dismissed lawsuits related to the dispute between family-owned Saudi Arabian conglomerates Saad Group and Ahamad Hamad Algosaibi and Brothers.

Al-Sanea and Saad group to challenge asset freeze

August 3, 2009

Maan Al-Sanea, the billionaire owner of the Saad Group, plans to dispute the Cayman Island court order that froze $9.2 billion of his assets last week.

Maan Al-Sanea (pictured), the billionaire owner of the Saad Group, plans to dispute the Cayman Island court order that froze $9.2 billion of his assets last week.

A statement by a Saad spokesperson said: "Saad will respond fully to all of these claims through the proper judicial process and definitively demonstrate their lack of any foundation. The claims have been made before a full investigation has taken place and rely on partial and incomplete information."