436 results found

Company Law 101 - if you attended the class and were awake in it, would teach you that the classic concept of management of a company is that the directors of a company are responsible for its management.

A recent decision of the Grand Court of the Cayman Islands has considered the ability of a company to apply for its own winding up.

How should liquidators deal with the administrative burden of adjudicating thousands of low-value proof of debts in a liquidation estate, without exhausting the...

A fundamental principle of insolvency law in the Cayman Islands is that upon the commencement of a liquidation of a company, a line is drawn in the sand and the assets of an insolvent company...

Unprecedented swings in the financial markets in recent weeks and the ongoing uncertainty surrounding how long the COVID-19 pandemic may last has had, and continues to have,...

1.1 Formalities. In order to create an enforceable debt obligation of the obligor to the seller: (a) is it necessary that the sales of goods or services are evidenced by a formal receivables contract..

In a recent judgment of the English High Court in Re ALL Scheme Limited [2022] EWHC 549 (Ch), Lord Justice Snowden approved a novel approach to schemes of arrangement...

Consolidated and amended insolvency and restructuring rules and regulations come into force in the Cayman Islands on 1 February 2018 (the "Amended Rules").

The global Ogier R&I team have been involved in many of the most complex and high-value offshore schemes and restructurings in recent years including Ocean Rig, QGOG/Constellation Overseas, Shire, Rangold Resources, Abraaj Group and Action Real Estate.

The objective of a scheme of arrangement is to allow the company to enter into an agreement with its shareholders and/or creditors (or any class of them) to either

Silver Base is the Cayman Islands-incorporated holding company for a large group specialising in liquor distribution. The Silver Base Group focuses on the sale of premium baijiu (or shaojiu), ...

The Grand Court has recently provided helpful clarification as to the appropriate test to be applied when a dispute arises over the identity of the insolvency practitioners proposed to be appointed by a creditor or the company.

On 24 June 2022, the Honourable Mr Justice Harris (of the High Court of Hong Kong Special Administrative Region) granted assistance to Cayman Islands appointed Joint Provisional Liquidators...

最近在有关Abraaj Holdings (FSD 95 of 2018, Unreported 4 January 2019) 一案的判决中，开曼群岛大法院澄清，在破产程序中并无以不合理的方式行事的呈请债权人不应被判承担讼费。相

In late 2008, RMF Market Neutral Strategies (Master) Limited ("RMF") sought to cash in its investments in DD Growth Premium 2X Fund (In Official Liquidation) (the "Company"), a feeder fund incorporated in the Cayman Islands, ...

Part XIX of the BVI Insolvency Act provides a comprehensive code for the assistance that is available to foreign representatives appointed in foreign insolvency proceedings.

In an announcement to beneficiaries on 24 March 2024, the joint administrative receivers (JARs) of Sigma Finance Corporation (the Company)...

In the recent decision of Re Formation (Cayman) Fund I, L.P (unreported, 21 April 2022), Justice Kawaley held (notwithstanding the earlier decision of Justice Parker in Re Padma Fund L.P. (unreported, 8 October 2021)...