868 results found

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

On January 16 2016 the European Union implemented the Joint Comprehensive Plan of Action, which scaled back sanctions on Iran and marked the country's return to international capital (and other) markets.

On 18 December 2015, the Cayman Islands published a bill for the creation of a new law to permit the formation of a new type of vehicle in the Cayman Islands, a Cayman Islands limited liability company (LLC).

Companies registered in the BVI that have been dissolved will need to be restored before various steps can be taken concerning the company or assets...

In a recent decision in the case of TIPP Investments PCC v. Chagala Group Ltd. et al (BVIHCM 102/2016), Mr Justice Davis-White clarified the issue of the standing of beneficial shareholders that we highlighted in our previous article. As we had said was the likely outcome of any reconsideration of the case of Headstart Class F Holdings Ltd and another v Y2K Finance Inc (BVIHCV 278/2007

The system of tax information exchange in the BVI is largely modelled on international principles developed by the Organisation for Economic Co-operation and Development (the OECD).

Cypriot companies are frequently used in cross-border structures, whereby securities of a Cypriot company are listed on a regulated market of another Member State.

The Cayman Islands is the leading jurisdiction for the offshore investment funds industry due to its combination of flexible and appropriate regulation, an approachable and effective regulator...

Despite the absence of a formal restructuring regime, the Courts in Cayman (and latterly by way of the Companies Law) have developed a flexible and pragmatic approach...

Investors' claims for unpaid redemption proceeds in winding up of Cayman Islands investment funds.

One of the reasons why the Cayman Islands is a leading offshore jurisdiction is the flexibility of its companies and partnership legislation.

With the development of legislation in a number of offshore jurisdictions to allow for non-charitable purpose trusts, the Caymans Islands introduced the Special Trusts Law 1997, to allow for the establishment of STAR Trusts.

The British Virgin Islands (BVI) Court tightens up on creditors raising spurious disputes and relying on arbitration clauses to avoid insolvency

The BVI Commercial Court, which was established last May, has handed down an important decision on the status of a redeemed shareholder and the application of Section 197 of the Insolvency Act 2003 to the investor’s status.

It has been almost 3 years since the substantial change to BVI law, brought about by the Black Swan case.

This Guide discusses the Cayman Islands law requirements when taking security over shares in a Cayman Islands exempted company (a company).