New judges appointed to financial court bench

(CNS Business): Two legal experts, one from Cayman and another from the UK, have been appointed as part time judges to the Financial Services Division of the local Grand Court. Nigel Clifford QC and Nicholas Segal will take up their appointments in the New Year and will be adjudicating on many of the complex court cases that arise out of the offshore financial industry.

Their appointments following an open recruitment process in July and August by the Judicial and Legal Services Commission, which advertised the posts locally and overseas. Four people were shortlisted and interviewed by a panel, which recommended Clifford and Segal as the successful candidates. The governor accepted the recommendation by the panel, on which the chief justice was represented.

“The Financial Services Division is an integral part of the Grand Court and the judicial system as a whole,” Helen Kilpatrick stated in a release. “The appointment of Justice Clifford and Justice Segal to the Financial Services Division will continue to ensure the Cayman Islands have the ability to adjudicate the complex civil cases that arise out of the financial sector.”

Clifford, has practiced extensively as an attorney-at-law in Cayman for over 25 years during which time he was Senior Counsel of Appleby (Cayman) Ltd (2004-2013) and a Litigation Associate and then Partner at Hunter & Hunter (1987-2003). Before that he practiced as a barrister in England for twelve years.

Nicholas Segal is a partner in the finance department at Freshfields Bruckhaus Deringer LLP. He has been in private practice for over 30 years in London and New York. He was educated at Oxford University, where he now lectures from time to time.

Tags: Grand Court

Category: Finance, Financial Services, Law