Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 323

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1
Chunk 323
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 of the Cayman Islands would recognize or enforce
judgments of United States courts obtained against us predicated upon the civil liability provisions of the securities laws of the United
States or any state thereof, or be competent to hear original actions brought in the Cayman Islands against us predicated upon the securities
laws of the United States or any state thereof.

We
are incorporated as an exempted company limited by shares under the Companies Law. A significant amount of our assets are located outside
of the United States. As a result, it may be difficult for persons purchasing our securities to effect service of process within the
United States upon us or to enforce judgments against us or judgments obtained in U.S. courts predicated upon the civil liability provisions
of the federal securities laws of the United States or any state of the United States.

Although
there is no statutory enforcement in the Cayman Islands of judgments obtained in the United States, the courts of the Cayman Islands
will, based on the principle that a judgment by a competent foreign court will impose upon the judgment debtor an obligation to pay the
sum for which judgment has been given, recognize and enforce a foreign judgment of a court of competent jurisdiction if such judgment
is final, for a liquidated sum, not in respect of taxes or a fine or penalty if not inconsistent with a Cayman Islands judgment in respect
of the same matters, and was not obtained in a manner, and is not of a kind, the enforcement of which is contrary to the public policy
of the Cayman Islands. There is doubt, however, as to whether the courts of the Cayman Islands will, in an original action in the Cayman
Islands, recognize or enforce judgments of U.S. courts predicated upon the civil liability provisions of the securities laws of the United
States or any state of the United States on the grounds that such provisions are penal in nature. Furthermore, a Cayman Islands court
may stay proceedings if concurrent proceedings are being brought elsewhere.

22

Unlike
many jurisdictions in the United States, Cayman Islands law does not specifically provide for shareholder appraisal rights on a merger
or consolidation of an entity. This may make it more difficult for shareholders to assess the value of any consideration they may receive
in a merger or consolidation or to require that the offeror give a shareholder additional consideration if he believes the consideration
offered is insufficient. In addition, shareholders of Cayman Islands exempted companies such as ours have no general rights under Cayman
Islands law to inspect