New Cayman office for US/UK law firm

Despite fairly regular warnings of the decline of the offshore world, news emerges of yet another offshore law office being opened by an onshore law firm, with the announcement by boutique litigation practice Kobre & Kim that they have opened an office in Cayman in conjunction with local practitioner James Stenning -

http://www.thelawyer.com/kobre-and-kim-extends-offshore-reach-with-cayman-islands-launch/1013377.article