Governance and Director Duties in Cayman: Best Practices for 2025

Description

This webinar explores directors’ duties under Cayman law, including fiduciary responsibilities, duty of care, and oversight obligations. It will clarify directors’ standing, highlighting the importance of independence, accountability, and effective governance structures. Attendees will also examine the implications of breaches, covering liability, enforcement trends, and reputational risks, while drawing on practical examples and recent developments to provide directors with best practices for navigating their roles confidently in 2025.

This webinar provides one-hour of CPD and offers insights and updates from a leading industry-expert speaker. 

Delegates places are interchangeable with colleagues from the same organisation.

 

Content

  • Directors' Duties

    • Non-fiduciary common law duties

    • Fiduciary duties

    • Statutory duties

  • Directors/Standing

    • Types of directors

    • Delegation

    • Parties owed a duty

    • Standing to enforce a breach

  • Breaches

    • Breach of duty

    • Enforcement & remedies

    • Relief & protections

    • Practical steps to guard against personal liability

 

Presenter

Annalisa Shibli

Counsel at Collas Crill

Annalisa Shibli 

Annalisa has a broad practice covering commercial litigation, cross-border insolvency and restructuring.

Her experience includes work on high-value fraud and asset tracing claims, the enforcement of foreign arbitral awards and shareholder disputes. She regularly advises limited partners, shareholders, directors and fund managers on insolvency-related matters.

Annalisa was admitted as an attorney in the Cayman Islands in 2014, following which she practised as an associate at Walkers both in the Cayman Islands and Hong Kong.

Annalisa obtained an LLB with Honours from Durham University and went on to complete the LPC at the University of Law in Manchester, before returning to the Cayman Islands to train as an Articled Clerk with Walkers.

 

Shaela Rae

Counsel at Collas Crill

Shaela Rae 

Shaela Rae is an accomplished Canadian lawyer currently practicing offshore in the Cayman Islands. With a robust background in corporate law, Shaela has developed a reputation for her expertise in complex financial transactions.

Shaela has more than a decade's experience spent in roles at top tier law firms in multiple jurisdictions. Prior to joining Collas Crill, she practiced at a leading offshore firm in Bermuda, where she focused on the funds and insurance sectors, handling mergers and acquisitions work, FinTech, and corporate restructuring.

Prior to this, she practiced at prestigious Canadian law firms, specialising in high-value cross-jurisdictional mergers and acquisitions, private equity and structured finance. Additionally, Shaela clerked for the Chief of Chambers at the United Nations International Criminal Tribunal for Rwanda.

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