436 results found

INSOL Fellows Tammy Fu (EY) and Jonathon Milne (Conyers) discuss various practical challenges faced by officeholders on complex cross-border assignments.

The new Corporate Insolvency & Bankruptcy Regime - which has been in the making for 10 years - will bring about changes to the implementation of a stand-alone restructuring moratorium.

Reforms to Cayman Islands insolvency legislation are expected to come into force in early 2022, providing practitioners with an alternative restructuring tool.

In this article Caroline Moran and Nick Herrod, who acted for the successful scheme of companies, discuss the Ocean Rig restructuring of US$3.7 billion in New York law governed debt, the largest ever Cayman Islands restructuring.

The Grand Court of the Cayman Islands has long adopted a uniquely flexible, pragmatic and cooperative approach in cross-border insolvency matters.

KRyS Global is pleased to join many of its colleagues onshore and offshore to raise its concerns with the National Bankruptcy Conference's proposal to amend Chapter 15 to provide that a debtor's center of main interests

One tool often used in the Cayman Islands, Bermuda and the British Virgin Islands to help clients restructure their liabilities is a scheme of arrangements.

The key talking points from a regulatory perspective revolve around new legislation expected across our key jurisdictions and impacting investment funds, virtual assets and corporates.

Much has been written in the past few weeks about how the world, or a particular region of it, is facing a financial recession as deep as, or even deeper than, what was faced in 2007-09. But the comparisons and statistics...

The impact of Covid-19 is clearly the big talking point for 2022, with several questions arising: will new variants emerge, what steps will governments take to limit the spread, and what impact will it have on industries...

In Re China Agrotech Holdings Limited the Cayman Islands Grand Court engaged in some impressive legal gymnastics to reach the right commercial result, granting a (very limited) form of recognition...

In this article Aristos Galatopoulos and Luke Stockdale discuss and analyse the Cayman Islands Court of Appeal's approach to striking-out just and equitable winding up petitions and its affects on opposing parties of such petitions.

As explained below, Herald's sole investment turned out to be a substantial investment in the Madoff Ponzi scheme, the collapse of which ultimately led to Herald ending up in official liquidation in the Cayman Islands.

The Segregated Portfolio Company (‘SPC'), Cayman's answer to the Protected Cell Company, had far-reaching implications when it was introduced to the captive insurance market in 1998.

This year's Chambers Global Practice Guide to Insolvency Law in the Cayman Islands was once again authored by Guy Manning, Guy Cowan and Mark Goodman of Campbells.

The recent decision of Mr Justice Nigel Clifford in Re Harbinger Class PE Holdings (Cayman) Ltd has revisited a line of local authority developed over the past 6 years.

Senior counsel Daisy Boulter also spoke on 'Resolving issues caused by problematic trusts and structural vulnerabilities with the assistance of the court' and associate Thea Maitland discussed 'Understanding...