Mondaq Offshore: Insolvency/Bankruptcy/Re-structuring
Walkers
The powers of provisional liquidators are limited to the extent necessary to maintain the value of the company's assets.
Harneys
The last decade has exposed the bankruptcy courts across the globe to a large volume of international work, and with that experience in mind, the Judicial Insolvency Network (JIN)...
Harneys
In an era of increasing complexity in regulation globally, the BVI has carefully built a simple and clear regulatory framework that minimises the legal risk for lenders and financial markets participants dealing with BVI companies.
Conyers Dill & Pearman
As a jurisdiction that currently has no formal restructuring regime, the appointment of a provisional liquidator has long since been utilised for the purpose of facilitating a corporate restructuring...
Maples and Calder
In CHC Group Ltd ("CHC") the Cayman Islands Grand Court has determined that, in certain circumstances...
Walkers
In December's issue of Global Turnaround the focus was on Cayman and Walkers provided commentary.
Maples and Calder
Plenty of ink has been spilled following the ruling of the Cayman Islands Court of Appeal on 18 November 2016 in the Weavering preference case SEB v Conway and Walker.
Walkers
A recent judgment of the Cayman Islands Court of Appeal (‘CICA') has provided a welcome degree of certainty for investors and insolvency practitioners alike...
Campbells
An ordinary litigant would not be restricted from commencing separate proceedings to enforce its proprietary or contractual rights to documents in those circumstances.
Carey Olsen
When a fund fails, the disappointed investors' sole hope of recompense often rests on the fund's liquidators gathering in and distributing pari passu as many of the fund's assets as possible.
P. N. Kourtellos & Associates LLC
The financial crisis in Cyprus resulted among others in the introduction of the Insolvency Framework, comprising of a package of six bills of legislation that came into force on the 07/05/2015.
Michael Kyprianou & Co LLC
The purpose of this legislation is the sale of the mortgaged asset without the intervention of any governmental department and the new procedure is conducted exclusively by the mortgagee.
Michael Kyprianou & Co LLC
The economic downturn in recent years has resulted in the increase of natural persons declaring their businesses insolvent. Legislation that governs insolvency is based on Chapter 5 of the Insolvency Law...
Walkers
On 22 November 2016 the European Commission published its proposal for a draft directive on preventative restructuring frameworks ("Draft Directive").
Mayer Brown JSM
Experienced insolvency practitioners in Hong Kong are all familiar with Hong Kong Court of Appeal's decision of 1 March 2006 in the liquidation of Legend International Resorts Limited.
Ogier
Jersey has a familiar range of legal processes and remedies for the restructuring and insolvency of corporations.
Bedell Cristin
A Jersey company or one of its creditors may wish the company to be placed into administration in England under Schedule B1 of the UK's Insolvency Act 1986 (the "Act").
Walkers
Please note that we have assumed that the Company is a private limited company, that it is solvent, and that all the directors and shareholders will agree to wind up the Company.
Bedell Cristin
The latest edition of the highly acclaimed work on insolvency in Jersey, Channel Islands, has been published which includes updated and enhanced analysis on a range of legal developments in the Island.
Walkers
ORB denied that the majority of its assets were in England and also denied that it had a substantial connection with that jurisdiction.
Most Popular Recent Articles
Ogier
In a recent trilogy of decisions concerning the high profile insolvency of Jersey company Orb a.r.l (Orb) and its sole shareholder Dr Gail Cochrane...
P. N. Kourtellos & Associates LLC
The financial crisis in Cyprus resulted among others in the introduction of the Insolvency Framework, comprising of a package of six bills of legislation that came into force on the 07/05/2015.
Baker & Partners
Investigating and pursuing serious and complex fraud claims is about staying ahead of the game. Most serious frauds will have an international element, whether in the substantive action or in asset recovery.
Bedell Cristin
issue a certificate of dissolution in the approved form certifying that the company has been dissolved.
Bedell Cristin
A Jersey company or one of its creditors may wish the company to be placed into administration in England under Schedule B1 of the UK's Insolvency Act 1986 (the "Act").
Ogier
With the passing of more than 18 years since SPCs were introduced into Cayman Islands law, the Cayman SPC is now regarded as an established option for international financial structures.
Conyers Dill & Pearman
As a jurisdiction that currently has no formal restructuring regime, the appointment of a provisional liquidator has long since been utilised for the purpose of facilitating a corporate restructuring...
Walkers
Please note that we have assumed that the Company is a private limited company, that it is solvent, and that all the directors and shareholders will agree to wind up the Company.
GVZH Advocates
The landmark case of "Salomon v Salomon" in the UK established the principle of separate juridical personality and today represents a fundamental pillar of company law doctrine.
Ogier
Jersey has a familiar range of legal processes and remedies for the restructuring and insolvency of corporations.
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