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  • Article

    Cayman Court Clarifies The Test For The Appointment Of Provisional Liquidators

    In two unrelated judgments handed down in the same week, the Grand Court has dismissed applications to appoint provisional liquidators pursuant to section 104(2) of the Companies Act...
    Cayman IslandsCorporate/Commercial Law
    Campbells
    Campbells
  • Article

    Latam Airlines: Chapter 11 Plan Of Reorganisation Takes Flight

    In 2020, in response to the devastating financial effects of the COVID-19 pandemic, Latin America's leading airline group, LATAM Airlines Group S.A. and various...
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Walkers
Walkers
  • Article

    Caribbean Legal Update – Appeal Decisions By The Judicial Committee Of The Privy Council ("Privy Council") In London

    The Judicial Committee of the Privy Council ("Privy Council") in London, which is the highest appeal court for many Caribbean jurisdictions
    GlobalInsolvency/Bankruptcy/Re-Structuring
    Bedell Cristin
    Bedell Cristin
  • Article

    Making It Official: The Grand Court Outlines The Principles For Converting A Voluntary Liquidation Into An Official Liquidation

    A supervision order involves the appointment by the Court of one or more qualified insolvency practitioners as official liquidators over a company in voluntary liquidation...
    Cayman IslandsCorporate/Commercial Law
    Ogier
    Ogier
  • Article

    Cayman Islands Court Considers Scope Of Powers To Be Sought In Letter Of Request

    Cayman Islands liquidators regularly seek recognition of their appointment in Hong Kong, and rely on letters of request from the Grand Court in support of such recognition applications.
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Appleby
    Appleby
  • Article

    Enforcement Of Judgments 2024

    The Cayman Islands has developed a framework for the enforcement of foreign judgments, including arbitral awards, which has long been recognised as friendly to those wishing to enforce judgments or awards...
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Collas Crill
    Collas Crill
  • Article

    Enforcement Of Foreign Judgments And Arbitration Awards In The Cayman Islands

    Successful litigants in foreign proceedings will often be required to take steps to enforce any judgment or order obtained outside of the jurisdiction in which it was made.
    Cayman IslandsLitigation, Mediation & Arbitration
    Campbells
    Campbells
  • Article

    Data Protection Law For Insolvency Practitioners ("IPs")

    The DPL came into effect as of 30 September 2019.
    Cayman IslandsPrivacy
    Conyers
    Conyers
  • Article

    Good News For Debtors Seeking Access To The Cayman Islands Restructuring Regime

    The Cayman Islands Government has confirmed that the long awaited reforms to Cayman Islands restructuring laws will now come into effect on 31 August 2022.
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Maples Group
    Maples Group
  • Article

    Law And Practice Cayman Islands

    In 2019, a total of six restructuring petitions were filed in the Grand Court of the Cayman Islands. Of these, three related to share capital reductions and two related to schemes of arrangement.
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Campbells
    Campbells
  • Article

    Heralding Investor Certainty

    This decision brings clarity to some longstanding uncertainties about how the above provisions of the Law should be interpreted and applied in practice.
    Cayman IslandsLitigation, Mediation & Arbitration
    Maples Group
    Maples Group
  • Article

    Provisional Liquidators, The Automatic Stay, And The Hong Kong Court

    This article considers the approach taken by the Cayman Court when faced with an application by a company to appoint 'soft touch' provisional liquidators and obtain the...
    GlobalInsolvency/Bankruptcy/Re-Structuring
    Conyers
    Conyers
  • Article

    Aircraft Financing – What You Need To Know About Using A Cayman Orphan SPV Structure

    The Cayman Islands is a leading offshore jurisdiction for commercial aircraft financing and leasing transactions. Tax neutrality, combined with a commercially...
    Cayman IslandsFinance and Banking
    Cayman Finance
    Cayman Finance
  • Article

    A Welcome Stay In The Islands: Moratoriums In The Cayman Islands

    Winston Churchill once said, "to improve is to change so to be perfect is to change often". With that in mind and with many high profile cross-border restructurings ...
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Walkers
    Walkers
  • Article

    Insolvency 2019

    In 2017, a total of 17 restructuring petitions were filed in the Grand Court of the Cayman Islands.
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Campbells
    Campbells
  • Article

    The International Insolvency Review, 2nd Ed.: Ireland

    Ireland is a sovereign state in Europe and a member of the European Union since 1973.
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Maples Group
    Maples Group
  • Article

    The Port Fund: Supervision Application Dismissed In Favour Of Continuing Receivership

    In a judgment delivered on 6 October 2023,[1] the Grand Court of the Cayman Islands (Parker J) dismissed an application by the joint voluntary liquidators ("JVLs") of Port Link GP Ltd ("Port Link")...
    Cayman IslandsCorporate/Commercial Law
    Campbells
    Campbells
  • Article

    Primeo V Herald: Clarifying The Rights Of Redeemed Investors

    Primeo was one of several investors which had submitted redemption requests to Herald for a redemption date of 1 December 2008 (the "December Redeemers").
    Cayman IslandsCorporate/Commercial Law
    Campbells
    Campbells
  • Article

    It's Not About The Money, Money, Money

    Nothing in this briefing note is intended to provide, or should be construed as giving, Singapore legal advice.
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Campbells
    Campbells
  • Article

    The Cayman Islands Segregated Portfolio Company Turns Sixteen

    May 2014 marks the sixteenth anniversary of the Cayman Islands segregated portfolio company ('SPC').
    Cayman IslandsInsolvency/Bankruptcy/Re-Structuring
    Ogier
    Ogier
  • Showing 341–360 of 436 results

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