ArticleYou Gotta Have (Good) Faith | The Cayman LLC LawThe Limited Liability Company (LLC) in the Cayman Islands has proven to be a popular vehicle from the outset. Cayman IslandsCorporate/Commercial LawWalkers
ArticleCalifornia Dreaming: Of An Institutional Exit From Hedge Funds?Ashley and Ed discuss the current hedge fund market and how the Cayman Islands continually keep abreast of the most innovative structures.Cayman IslandsFinance and BankingWalkers
ArticleHedge Fund Redemptions Show Market Is MaturingIn hedgeweek's Cayman Islands Hedge Fund Services 2017 (click here) special report, managing editor James Williams interviewed partner James Melen and senior counsel Prasana. Cayman IslandsFinance and BankingWalkers
ArticleKey Trends In Investment Funds - 2023The impact of the bankruptcies of the crypto brokers at the end of Q4 highlights the importance for robust governance and controls. Cayman IslandsFinance and BankingWalkers
ArticleNotice To Industry - Excluded Person (AML-CFT Form)On 9 August 2019, the Cayman Islands Monetary Authority published a Notice to Industry to remind all persons currently registered as excluded persons under the Securities Investment Business Law...Cayman IslandsGovernment, Public SectorWalkers
ArticleBVI Court Breaks New Ground In Appointing "Soft Touch" Provisional Liquidators In Constellation Overseas Ltd And OthersThe BVI Commercial Court has for the first time appointed what are colloquially referred to as "soft touch" provisional liquidators for the purpose of a restructuring in respect of 6 BVI companies. Cayman IslandsInsolvency/Bankruptcy/Re-StructuringWalkers
ArticleCosts Orders: Insolvency v Litigation ProceedingsIn the recent judgment In the matter of Abraaj Holdings (FSD 95 of 2018, Unreported 4 January 2019), the Grand Court of the Cayman Islands clarified that petitioning creditors in insolvencyCayman IslandsInsolvency/Bankruptcy/Re-StructuringWalkers
ArticleFiona MacAdam Speaks On Border Crossing Podcast: Cayman Island New Chief Restructuring Officer RegimeFiona MacAdam has recently featured on the Border Crossing Podcast, hosted by Chip Hoebeke, discussing the recent Cayman Island new Chief Restructuring Officer Regime. Cayman IslandsInsolvency/Bankruptcy/Re-StructuringWalkers
ArticleIn-House Lawyer - Restructuring & Insolvency, CaymanThis Q&A is part of the global guide to Restructuring & Insolvency.Cayman IslandsInsolvency/Bankruptcy/Re-StructuringWalkers
ArticleOff With His Head! An Offshore Perspective – Is The "Headcount Test" Heading For The Guillotine?Off with his head! An offshore perspective – Is the "headcount test" heading for the guillotine.Cayman IslandsInsolvency/Bankruptcy/Re-StructuringWalkers
ArticleRestructuring Ocean Rig - Treading Ultra-Deep Water In The Cayman IslandsThe Ocean Rig restructuring process demonstrates that the Cayman Islands scheme of arrangement process is flexible and is well equipped to work through complex restructurings.Cayman IslandsInsolvency/Bankruptcy/Re-StructuringWalkers
ArticleResurgence In The Use Of Blocker Entities For US CLOsWalkers are seeing a recent resurgence in the establishment of blocker entities for US CLOs as a consequence of the current market environment and the restructuring or workout of common CLO credits.Cayman IslandsInsolvency/Bankruptcy/Re-StructuringWalkers
ArticleCayman Islands Insurance Regulatory UpdateThe Cayman Islands Monetary Authority ("CIMA") has issued a new Regulatory Policy on Licensing for Class B Insurers, effective immediately, which sets out CIMA's expectations...Cayman IslandsInsuranceWalkers
ArticleChambers Insurance & Re-insurance Guide 2020: Cayman IslandsAmong other topics, the authors discuss transaction activity, alternative risk transfer, making an insurance contact, disputes and InsurTech. Cayman IslandsInsuranceWalkers
ArticleInsurance And Reinsurance CompaniesAll companies carrying on insurance or reinsurance business in or from within the Cayman Islands must be licensed by the Cayman Islands Monetary Authority pursuant to the Insurance Law, 2010 (as amended) ...Cayman IslandsInsuranceWalkers
ArticleGuide To Hedge FundsFrom offices in the Cayman Islands, Dubai, Hong Kong, London and Singapore, Walkers provides Cayman Islands legal services to FORTUNE 100 and FTSE 100 global corporations and financial institutions...Cayman IslandsLaw Department PerformanceWalkers
ArticleExpiration Of Stamp Duty Refund Scheme For Residential Development In IrelandRefunds of stamp duty paid on non-residential property which is later developed for residential purposes will no longer be available for construction projects commencing after 31 December 2022.Cayman IslandsReal Estate and ConstructionWalkers
ArticleEconomic Substance UpdateThe European Union has announced that, with effect from 12 March 2019, Bermuda has been added to the list of non-cooperative jurisdictions for tax purposes.Cayman IslandsStrategyWalkers
ArticlePrivate Client Guide 2021Walkers has recently worked with ICLG to create a Private Client guide exploring the jurisdiction of the Cayman Islands for 2021.Cayman IslandsTaxWalkers
ArticleUpdate In Respect Of Automatic Exchange Of Information ("AEOI")The Cayman Islands Department for International Tax Cooperation has issued an Industry Advisory to update the relevant dates for reporting under the Foreign Account Tax Compliance Act and the Common Reporting Standard.Cayman IslandsTaxWalkers