Appleby Snapshot: Interim Report - Petition Filings, Quarters One-Three 2014

Please find attached our latest Appleby report which provides a snapshot of data in relation to petition filings in six of our offshore jurisdictions during the first three quarters of 2014, reviewed against the backdrop of last year's marked increase in winding up petition activity, in particular.

This report tracks developments so far in 2014, in advance of our annual Petitions Snapshot report which will be published in early 2015.

There are a number of key findings that emerge from the current petition filings statistics. They reveal that the anticipated continuation of 2013's rise in the number of winding up petition filings into this year has not eventuated and that the number of filings in each of the jurisdictions has dropped significantly. Our Interim Report reviews the current trends and makes observations on the factors that have contributed to the profile of petition filings so far in 2014.