Guide To Insolvent Liquidations In Bermuda

PREFACE

A number of separate procedures are available to various interested parties upon the insolvency of a company in Bermuda. This Guide discusses the two statutory liquidation proceedings, namely, winding-up by the court and creditors' voluntary winding-up.

It is recognised that this Guide will not completely answer detailed questions which clients and their advisers may have; it is not intended to be comprehensive. If any such questions arise in relation to the contents, they should be addressed to John Riihiluoma, a Partner and the Local Team Leader (Commercial Dispute Resolution) in the Bermuda office, using the contact information provided at the end of this Guide.

1. INTRODUCTION