The reports in question covered allegedly confidential details of a $400 million deal and Mr Justice Henderson concluded that, since the publisher of OffshoreAlert, KYC News, Inc., was based in the United States and not in the Cayman Islands, the courts here had no jurisdiction over KYC News.

...“It is essentially silly for anyone to believe a Cayman Islands court can order a US-based company to provide the information that Mr Ryan was seeking. Only an idiot would have made such an application,” said Mr Marchant.