436 results found

The Rules convert key parts of CIMA’s non-binding Guidance Notes into enforceable requirements; breaches may result in fines or other regulatory action. They apply to all CIMA-registered or licensed financial service providers...

The Cayman Islands Court of Appeal has allowed the appeal of a creditor against a bankruptcy order made against two Cayman Islands resident debtors.

In a decision of Mr Justice Doyle in Re HQP Corporation Ltd (in official liquidation), handed down on 7 July 2023, the Grand Court of the Cayman Islands has confirmed that claims of investors whose subscriptions were induced by misrepresentation ...

Walkers' global insolvency and dispute resolution group (the "IDR Group") is internationally recognised and has been ranked as having the premier insolvency, restructuring and dispute resolution...

In its recent judgment Re New Ruipeng Pet Group Inc [2026] CIGC (FSD) 21, the Grand Court has provided helpful and welcome guidance on the factors...

On 29 September 2020, Chief Justice Smellie QC handed down his judgment in the Matter of Premier Assurance Group SPC Ltd (in Controllership) (FSD Cause No. 210 of 2020)

The Grand Court of the Cayman Islands has granted an anti-suit injunction restraining a creditor (the "Creditor") of a Cayman fund in Official Liquidation under the Companies Law...

Claims by funds against investors who have successfully redeemed have hitherto enjoyed limited success in the Cayman Islands.

With the passing of more than 18 years since SPCs were introduced into Cayman Islands law, the Cayman SPC is now regarded as an established option for international financial structures.

Following the 2006 decision of Judge Drain of the U.S. Bankruptcy Court for the Southern District of New York in the case of In re SPhinX Ltd., et al, ("SPhinX"), there was justifiable cause for concern amongst Cayman Islands-based insolvency practitioners with respect to the recognition of Cayman mutual fund liquidations in the U.S.

In practice, it seems that the court's power to control the winding up process will trump the primacy of arbitration agreements in determining whether a petition debt is disputed on genuine and substantial grounds.

Following the UK Supreme Court decision in Sequana1 at the end of 2022, the New Zealand Supreme Court has now weighed in on the issue of the duties owed by directors of a company in the zone...

A Cayman Islands solvent company may be dissolved either (i) by voluntary liquidation; or (ii) strike off.

Beginning our short focus on Commercial Law, through the eyes of a Thought Leader, is Rosalind Nicholson on the topic of Commercial Law, and heard about her work in the British Virgin Islands...

Summary: A recent amendment to the Companies Law of the Cayman Islands will repeal and replace the existing provisions dealing with the winding-up of companies, simplifying and updating the law in line with modern international standards

The Court of Appeal has recently clarified that if a foreign company, being a shareholder of a Cayman Islands company, ..

The approach of the Cayman Grand Court to the terms and timing of the discharge of provisional liquidators of In the Matter of Star International Drilling Ltd (unreported, FSD 88 of 2021 ASCJ)...