436 results found

Cayman Islands private funds face complex legal, regulatory and commercial challenges during their winding-up phase, from managing contingent liabilities and illiquid assets to navigating audit requirements and regulatory deregistration. Understanding the general partner's evolving role as liquidator, the mechanics of dissolution, and strategic alternatives like liquidating trusts can help fund managers bring their funds to an orderly and efficient conclusion.

The scheme of arrangement as proposed by the company sought to, in summary ..

A new restructuring regime will be available in the Cayman Islands when the amendments to Part V of the Companies Act (2022 Revision) take effect as of August 31, 2022.

The statutory test for appointing receivers over a segregated portfolio (‘SP') under part XIV of the Companies Act (2022 Revision) was recently considered by Kawaley J in the Cayman Islands Grand Court...

Jeremy Walton and Andrew Bolton outline the liquidation strategies available in relation to Cayman Islands funds.

As Covid-induced insolvencies and restructurings gather pace, in Sun Cheong Creative Development Holdings Limited the Grand Court of the Cayman Islands (the "Grand Court") has provided a timely overview

Sir Andrew concluded that the ground for refusing a stay in matters referred to arbitration is that the matter is of such public interest that it cannot be delegated to a private contractual process.

Maples and Calder, the Maples Group's law firm, advised E-House (China) Enterprise Holdings Limited (the "Company") on the restructuring of its New York law-governed notes by way of a Cayman...

In what seems the blink of an eye, the world around us has changed beyond recognition. On 11 March, 2020 the World Health Organisation officially declared COVID-19…

In Tianrui (International) Holding Company Limited v China Shanshui Cement Group Limited & Ors [2026] CIGC (FSD) 74 (Tianrui), the Grand Court of the Cayman Islands (the Court) considered...

The Companies (Amendment) Act 2021 (the "Amendment") introduces, with effect from 31 August 2022, a welcome update to the Cayman Islands restructuring regime as is contained in Part V...

The Cayman Islands has not adopted the UNCITRAL Model Law. Accordingly, a Chapter 11 of a Cayman Islands debtor and the Chapter 11 global stay will not be recognised by the Cayman Islands Court.

In Cayman Islands litigation, there is no general obligation upon a party to disclose their asset position, and publicly available information is limited.

In this guide Harneys considers the role and function of a liquidation committee appointed under the Cayman Islands’ Companies Winding Up Rules.

The voluntary liquidation process in the Cayman Islands is straight forward and definitive as a Cayman Islands company that has underwent a voluntary liquidation ceases any future claims by creditors against the company.

Whether there will be any VAT payable on the sale of an aircraft is determined by its physical location at the point of sale. If the aircraft is physically located in Ireland at the time...

In the current economic climate, there is a pressing need for cross-jurisdictional co-operation when it comes to the Courts'

The Cayman and Hong Kong courts have delivered parallel rulings in Re Ourgame International Holdings Limited that fundamentally reshape how liquidators must approach applications for powers and cross-border recognition. These decisions establish that courts will scrutinize each requested power individually, requiring specific justification and evidence rather than granting blanket authority. What does this mean for practitioners seeking to make Cayman liquidations effective across multiple jurisdictions?