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Bahamas
Lennox Paton
The Chief Justice of the Commonwealth of The Bahamas, Sir Ian Winder has issued Cross-Border Insolvency Practice Direction No. 14 of 2023...
British Virgin Islands
Ogier
Our analysis of a recent court judgment in the ongoing liquidation of the high profile crypto-asset hedge fund Three Arrows Capital is by Nicholas Brookes and Romauld Johnson...
Harneys
In a significant ruling, His Honour Justice Johns KC determined that when calculating equitable compensation, proprietary claims and recoveries made from third parties should be taken into account.
Harneys
We have created this guide to cover frequently asked questions on how to deal with insolvent British Virgin Islands companies.
Cayman Islands
Appleby
The Grand Court's decision in North Sound Pharmaceuticals Inc. (in Official Liquidation) (FSD 110 of 2022) on 21 February 2024 provides a useful reminder of the applicable process...
Harneys
Insolvency law in the Cayman Islands is principally regulated by the Companies Act and the Companies Winding Up Rules, and they are supplemented by a wide body of case law.
Harneys
In the recent decision of In the Matter of Holt Fund SPC, the Cayman Islands Grand Court confirmed for the first time that it has jurisdiction to wind up a segregated portfolio company...
Cayman Finance
Collas Crill acted as Cayman Islands legal counsel to Holt Fund SPC in respect of its successful application for the appointment of restructuring officers.
Harneys
It is important to note that even though the board of directors of a fund ordinarily delegate responsibility to manage the fund's investments to investment managers, ...
Carey Olsen
The new guides provide the latest legal information on litigation funding, initiating a lawsuit, pre-trial proceedings, discovery, injunctive relief, trials and hearings...
Collas Crill
Collas Crill acted as Cayman Islands legal counsel to Holt Fund SPC (Company) in respect of its successful application for the appointment of restructuring officers.
Cyprus
Phoebus, Christos Clerides & Associates LLC (Clerides Legal)
In the recent judgment of the new Cyprus Court of Appeal dated 09/02/2024, Regarding the Petition of Evelyn Bates v. Regarding the Company M. Moniatis & Sons Ltd, Civil Appeal no. 145/2018, 9/2/2024 the following were decided:
Phoebus, Christos Clerides & Associates LLC (Clerides Legal)
With reference to the bankruptcy process, it has been decided and it has been characterised that it has a quasi-criminal nature with the aim of protecting and securing the debtor's property
Hong Kong
Appleby
This Restructuring Officer (RO) regime came into force in August 2022 and since then we have seen a handful of petitions for the appointment of ROs come before the Grand Court.
Harneys
We sat down with Hong Kong Partner Calvin Chow, who recently joined Harneys from a local onshore firm to get to know him a bit better.
Luxembourg
Ogier
In this article, partner Bertrand Géradin and managing associate David Al Mari from Ogier's Restructuring and Insolvency team in Luxembourg provide a high level summary of the enforcement mechanisms...
Bardehle Pagenberg
This is in accordance with the principles of procedural economy and cost efficiency as well as a fair balance between the legitimate interests of the parties...
United Arab Emirates
Akin Gump Strauss Hauer & Feld LLP
On 31 October 2023, Federal Law No. 51 of 2023 Promulgating the Financial and Bankruptcy Law (the Bankruptcy Law) was published in the United Arab Emirates (UAE) Official Gazette...
European Union
CMS Luxembourg
While there is a certain alignment between the proposed EU Directive on harmonisation of insolvency law and Luxembourg law, Luxembourg legislation...
Appleby
The Bankruptcy Court for the Southern District of New York last week issued a decision denying the Joint Official Liquidators of the Cayman Islands...
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