Professor Julie A. Hill and 12 Law School students recently visited the Cayman Islands as part of the offshore financial transactions course.
The Cayman Islands is a world leader in offshore finance. It is the second largest domicile for captive insurance companies, a jurisdiction of choice for investment funds, and a top provider for trust and company management services. Cayman also has sunny weather and beautiful beaches.
This combination of finance and fun drew students from the University of Alabama to the Law School’s offshore financial transactions class. Students spent time early in the semester in Tuscaloosa mastering the basics of captive insurance, investment funds, and securitization. They then traveled to Grand Cayman during spring break for a week of intensive courses taught by Caymanian financial experts.
The class is offered in conjunction with Texas A&M School of Law, and twelve Texas A&M students attended the course.
“It is a great opportunity for students to learn first-hand from attorneys and other finance professionals,” said Hill, who has taught the course for the past three years. “Students leave Cayman with a better understanding of sophisticated financial products and with professional connections that will help them in their careers.”
When not in class, students made the most of the beautiful island. They swam with stingrays, snorkeled in clear water, and relaxed on the beach. University of Alabama law student Said Jabbour (’17) described the trip as “both very fun and educational.”
