Thomas Wright

Senior Associate

Tom joined Solomon Harris, now Bedell Cristin in 2012. He is a Senior Associate in the litigation and insolvency teams.

Prior to moving to Cayman, Tom worked in London where he gained experience of high value litigation in the High Court of England and Wales, as well as of the alternative dispute resolution procedures favoured in that jurisdiction, including mediation and arbitration.

Tom specialises in advising clients on contentious commercial matters, with an emphasis on disputes arising out of the insolvency and restructuring of companies and investment funds. Drawing on his experience in London, Tom also has experience in advising clients on insurance and construction-related disputes.

Professional
  • Attorney at law - Cayman Islands
  • Solicitor*- England & Wales
  • INSOL International, Insolvency Lawyers Association
  • Member of RISA (Recovery and Insolvency Specialists Association) Legal Regulatory Committee

*non-practicing

  • A key senior associate.
    Legal 500 2018
News/Experience
In the Matter of Silk Road Funds Ltd - Cayman Court Clarifies the Appropriate Paths to Recognition for Foreign Receivers
Insolvency & Restructuring 07 Jun 2019 Cayman Islands

With the Cayman Islands maintaining its position as the offshore jurisdiction of choice for lending and security structures, it comes as no surprise that there continues to be a great deal of interest in how receivers appointed either by foreign courts or u...

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Hacked into Liquidation - Another cryptocurrency exchange bites the dust
Insolvency & Restructuring 03 Jun 2019 Cayman Islands

As the liquidators of Quadriga CX struggle to be the bearers of welcome news, another cryptocurrency exchange has formally entered into liquidation, and that liquidation has been recognized in the courts of the United States.

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New twist in Abraaj Group case will affect Cayman Liquidation

Two indictments filed in the Southern District of New York Court have resulted in the arrests of the both the founder of Abraaj Investment Management, Arif Naqvi, and the former Managing Partner of the Abraaj Group, Mustapha Abdel-Wadood.

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New Cayman bill to expand the definition of 'money laundering regulations'
Regulatory & Compliance 23 Apr 2019 Cayman Islands

If passed into law in its current form, The Monetary Authority (Amendment) Bill, 2019 (‘Bill’) published in the Cayman Islands (‘Cayman’) Gazette, will amend the Monetary Authority Law (2018 Revision) (‘MAL’) to clarify the definition of ‘money laundering r...

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Cryptoassets and Insolvency - Clues for Cayman from Other Jurisdictions
Litigation Insolvency & Restructuring 11 Apr 2019 Cayman Islands

With the Cayman Islands already the leading jurisdiction for the formation of international investment and financial structures, it comes as no surprise that the jurisdiction has achieved pre-eminence in the establishment of companies undertaking initial co...

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Cayman confident its task force will bring CFATF progress
Regulatory & Compliance 27 Mar 2019 Cayman Islands

The Caribbean Financial Action Task Force recently published its Fourth Round Mutual Evaluation Report on the Cayman Islands). It assesses Cayman’s progress towards adoption of ever improving international regulations on matters such as anti-money launderin...

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CIMA Reminds SIBL Excluded Persons of their AML/CFT Obligations
Corporate & Commercial 15 Feb 2019 Cayman Islands

In a Notice dated 25 January 2019, the Cayman Islands Monetary Authority reminds entities registered under the Cayman Islands Securities Investment Business Law (2015 Revision) of their Anti-Money Laundering Countering the Financing of Terrorism responsibil...

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Five steps to compliance with the Cayman Economic Substance test
Economic Substance 15 Jan 2019 Cayman Islands

The Cayman Islands (‘Cayman’) International Tax Co-operation (Economic Substance) Law, 2018 (‘Law’) and International Tax Co-operation (Economic Substance) (Prescribed Dates) Regulations, 2018 (‘Regulations’) came into force on 1 January 2019. Official Gui...

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Cayman economic substance legislation now in force
Corporate & Commercial Economic Substance 03 Jan 2019 Cayman Islands

As expected, the Cayman Islands International Tax Co-operation (Economic Substance) Law, 2018 came into force on 1 January 2019.

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Cayman economic substance legislation expected to be in force by 1 January 2019
Regulatory & Compliance Economic Substance 18 Dec 2018 Cayman Islands

The Cayman Islands Legislative Assembly is scheduled to debate The International Tax Co-operation (Economic Substance) Bill, 2018 in December 2018.

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Cayman regulation update: New CIMA handbook
Regulatory & Compliance 11 Dec 2018 Cayman Islands

The Cayman Islands Monetary Authority (‘CIMA’) has published its 2018 Edition of its Regulatory Handbook and its Appendices, as well as the latest editions of and amendments to guidance notes and Rules.

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31 December 2018 AML officer deadline: CIMA publishes FAQs for reefs AML forms
Regulatory & Compliance 07 Dec 2018 Cayman Islands

In time to help fund Anti-Money Laundering Officers meet the 31 December 2018 deadline for regulated funds to notify the Cayman Islands Monetary Authority of their appointment of AML Officers, CIMA has published answers to Frequently Asked Questions on matt...

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Cayman government advisory on OECD substantial activity requirements
Regulatory & Compliance 27 Nov 2018 Cayman Islands

The Cayman Islands (‘Cayman’) Government (‘CIG’) has issued an Industry Advisory that the Organisation for Economic Co-operation and Development (‘OECD’) has confirmed that it had extended the ‘substantial activities’ requirement to ‘no or only nominal tax’...

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