Contact

Peter Hayden

Peter Hayden

Cayman Islands
Partner

Jonathan Moffatt

Jonathan Moffatt

Cayman Islands
Senior Associate

Cayman Islands Court of Appeal dismisses application for automatic and discretionary leave to appeal

[Dynamic date]

11 February 2020

In the recent decision in Palladyne International Asset Management B.V. v Upper Brook (A) Limited et al, CICA Appeal No 5 of 2019, the Cayman Islands Court of Appeal refused an application for leave to appeal to the Privy Council, deciding that the appeal was not as of right and that discretionary leave should also not be granted. The decision will be of interest to practitioners and parties considering a second appeal and illustrates that even appeals on discrete points of law will only be permitted if they have real prospects of success.