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Technology Stocks : Silicon Motion Inc. (SIMO)

SIMO 87.77

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To: Elroy who wrote (2715)	8/15/2023 10:45:19 PM
From: Anonymous895	Read Replies (1) of 2977

Yes, as far as I understand that is what it means. There is no such precedent, as far as I'm aware. (And as far as the lawyers writing briefs in these cases seem to be aware as well, or they would have brought them.) Cayman law doesn't quite default to English law. Rather, Cayman law starts with and inherits English common law (just like the US does, by the way), and then develops its own way as per the specific statutes and statutory language passed, Cayman court interpretation and precedents, etc. Think of it like American English and British English starting off exactly the same (it was originally just British English) and then evolving separately. Except the court systems evolved more than the languages did. Whatever, you get what I mean. I hope. As the article you cited says, the lawyers aren't writing that because the two sides can't quite agree to actually write that in clearly.

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