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Cayman Court extends writ validity to facilitate service under the Hague Convention
In a recent decision of the Cayman Islands Grand Court, Justice Asif KC granted leave to serve foreign defendants out of the jurisdiction and extended the validity of a writ to accommodate service under the Hague Convention: Linksure Global Ltd v Infinite Solution Ltd. The plaintiff alleges that three defendants conspired to derail its planned IPO. According to the claim, the defendants sought to prevent the listing in order to trigger a put option, from which they expected to derive greater financial benefit than would be the case with the proposed IPO. The three defendants were: (i) an…
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