Rupert Coe assists Appleby in successful defence of major Cayman Islands proceedings | Three Stone

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Rupert Coe assists Appleby in successful defence of major Cayman Islands proceedings | Three Stone

On 22 October 2026, judgment was handed down in litigation brought by the Kuwait Ports Authority and others in respect of The Port Fund, a Cayman Islands investment fund.

Two claims (case numbers FSD 236 of 2020 (RPJ) and FSD 97 of 2021 (RPJ)) were heard together at a three-month trial in the Financial Services Division of the Grand Court of the Cayman Islands.

Rupert Coe worked closely with the Appleby team acting for the two Defendants in FSD 97, including assisting with the trial from February-May 2026. The Appleby team was led by Sebastian Said and Susan Fallan, with Ben Hubble KC appearing as leading counsel at trial.

The Hon. Justice Parker dismissed every claim brought against the Second Defendant in those proceedings including claims in fiduciary duty and negligence. All claims against the First Defendant had been abandoned during the trial.