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  • Article

    At A Glance Guide To Our Cayman Islands Restructuring And Corporate Recovery Team

    Ogier's Cayman Islands Restructuring and Corporate Recovery team routinely acts on cross-border liquidations, receiverships and restructurings involving overseas insolvency practitioners and clients...
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Ogier
    Ogier
  • Article

    Heavyweight Insolvency Silk Joins FSD Bench

    A leading insolvency and restructuring silk with decades of experience in landmark cases including Thames Water, Lehman Brothers, and BCCI has been appointed to the Cayman Islands Financial Services Division bench. His extensive cross-border expertise and familiarity with both Cayman and Hong Kong courts positions him to handle complex international insolvency matters as the jurisdiction prepares to introduce new restructuring legislation.
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
Appleby
Appleby
  • Article

    Insolvent Cayman Companies: Will The Court Wind Up Or Allow An Opportunity To Restructure?

    In its January 2022 decision of In the matter of Evergreen International Holdings Limited, the Grand Court of the Cayman Islands (the Court) ordered the immediate winding up of Evergreen International Holdings Limited.
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Ogier
    Ogier
  • Article

    Recognising And Assisting Foreign Officeholders In Guernsey And The Cayman Islands

    In the increasingly internationalised corporate world, complex cross-border structures which include an offshore entity at some level within the structure ...
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Walkers
    Walkers
  • Article

    Schemes Of Arrangement: Restructuring In The Cayman Islands

    These continue to be challenging times and we recognize that the need for cross-border advice on insolvency and restructuring matters may be required at short notice. Conyers' attorneys...
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Conyers
    Conyers
  • Article

    Papers, Please: Order 24, Rule 7A Brings Pre-Action And Non-Party Discovery To The Cayman Islands

    The Cayman Islands Grand Court has introduced Rule 7A, granting express powers for pre-action discovery and non-party discovery in civil proceedings. This procedural reform addresses significant gaps in the court's framework by providing a codified mechanism for obtaining documents before litigation commences and from non-parties during ongoing proceedings.
    Cayman IslandsLitigation, Mediation & Arbitration
    Conyers
    Conyers
  • Article

    Charting New Territory: How England's Digital Assets Framework Can Guide Cayman Islands Law

    The Law Commission of England and Wales' Supplemental Report entitled "Digital Assets as Personal Property" and the resultant Property (Digital Assets etc) Bill (currently proceeding in the House of Lords)...
    Cayman IslandsTechnology
    Appleby
    Appleby
  • Article

    Cayman Islands Orphan SPVs In Shipping

    On Friday 17 February 2017, the two week period for appeal expired and the court in Seoul declared Hanjin Shipping bankrupt. Hanjin will not be the only headline-capturing casualty of 2017...
    Cayman IslandsTransport
    Walkers
    Walkers
  • Article

    Cayman Court Intervenes To Preserve Segregation Of Captive Insurance Portfolios

    The defining feature of the unique Cayman Islands entity, the segregated portfolio company ("SPC"), is its strict separation of assets and liabilities (as further explained below).
    Cayman IslandsCorporate/Commercial Law
    Campbells
    Campbells
  • Article

    The Cayman Grand Court Confirms Its Wide Discretion On A Supervision Application

    On 6 October 2023, Parker J handed down his reasons for dismissing an application to bring the voluntary liquidation of Port Link GP Ltd, General Partner (GP) of The Port Fund L.P. (TPF)...
    Cayman IslandsCorporate/Commercial Law
    Ogier
    Ogier
  • Article

    Cayman Islands' Court Confirms Restructuring Officer Regime May Be Utilised In Relation To Discrete Portfolios Of SPC

    In one of only a handful of decisions handed down since the introduction of the Restructuring Officer (RO) regime in the Cayman Islands, the Grand Court...
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Appleby
    Appleby
  • Article

    Clawback Claims Against Redeemed Cayman Islands Fund Investors

    Building on what is now a consistent theme in Cayman Islands law; the Privy Council's decision in DD Growth has further reinforced the serious challenges faced by liquidators of investment funds...
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Maples Group
    Maples Group
  • Article

    Practising Modified Universalism In The Cayman Islands: From China Agrotech To Sun Cheong

    The Cayman Islands and Hong Kong courts have both provided useful directions in recent months as to the manner in which the courts in the respective jurisdictions will manage cross-border applications to restructure Cayman Islands companies, ...
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Ogier
    Ogier
  • Article

    Litigating Against Insolvent Insureds In The Cayman Islands: Whose Money Is It Anyway?

    When a plaintiff obtains judgment against an insured but insolvent defendant in the Cayman Islands is the plaintiff entitled to the policy proceeds or do they have to be paid to the liquidator for...
    Cayman IslandsInsurance
    Ogier
    Ogier
  • Article

    Cayman Corporate Funds: Changes Relating To Winding Up And Insolvency

    Part V of the Cayman Islands Companies Law, dealing with the winding up of Cayman companies, has been replaced with effect from 1 March 2009.
    Cayman IslandsWealth Management
    Walkers
    Walkers
  • Article

    Chapter 15 Recognition: Fairfield Sentry Limited (in Liquidation)

    As well as issuing claims in mistake and restitution in the BVI Commercial Court and the US State Supreme Court, the liquidators of Fairfield Sentry Limited ("the Fund") also petitioned for and, on 22 July 2010 obtained, Chapter 15 recognition in the United States Bankruptcy Court for the Southern District of New York.
    Cayman IslandsWealth Management
    Ogier
    Ogier
  • Article

    Divided By A Common Language? English Court Goes In Different Direction To U.S On "COMI"

    The recent decision of In the Matter of Stanford International Bank Limited and Others [2009] EWHC 1441 (CH) raises important considerations for liquidators of offshore investment vehicles who seek recognition and assistance from the English Courts pursuant to the Cross-Border Insolvency Regulations 2006 (the “2006 Regulation”).
    Cayman IslandsWealth Management
    Bedell Cristin
    Bedell Cristin
  • Article

    In The Matter Of The SPhinX Group Of Companies

    The impact of arbitration clauses on corporate insolvency litigation is still being worked out in the offshore world.
    Cayman IslandsWealth Management
    Appleby
    Appleby
  • Article

    Insolvent Trusts: Pari Passu Indemnification Of Successive Trustees & The Importance Of Creditor Expectations – A View From The Channel Islands, Bermuda, The BVI And Cayman

    The Judicial Committee of the Privy Council has handed down its long-awaited judgment in the joined cases of Equity Trust (Jersey) Ltd v Halabi and ITG Ltd and others v Fort Trustees Ltd...
    GlobalInsolvency/Bankruptcy/Re-Structuring
    Walkers
    Walkers
  • Article

    A New Corporate Restructuring Process For The Cayman Islands

    On 21 October 2021, the Cayman Islands' legislature gazetted the Companies (Amendment) Bill 2021 (Bill) which introduced a new corporate restructuring process in the Cayman Islands (Cayman).
    Cayman IslandsCorporate/Commercial Law
    Carey Olsen
    Carey Olsen
  • Showing 221–240 of 436 results

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