Mondaq All Regions - Cayman Islands: Insolvency/Bankruptcy/Re-structuring
KRYS Global
An order issued by the U.S. Supreme Court this morning denied Farnum Place, LLC's petition for certiorari.
Maples and Calder
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...
Campbells
In Ocean Rig, the Grand Court sanctioned four inter-related schemes of arrangement (the "Schemes"), as part of a group restructuring of over US$3.69 billion of New York law governed debt...
Walkers
The Ocean Rig restructuring process demonstrates that the Cayman Islands scheme of arrangement process is flexible and is well equipped to work through complex restructurings.
Maples and Calder
In a ground-breaking decision for the Cayman Islands as a restructuring centre, the Cayman Islands court has handed down judgment sanctioning four highly complex inter-linked schemes of arrangement.
Maples and Calder
In a decision that will reassure investors in Cayman Islands investment funds and other vehicles, the Grand Court has shown its willingness to facilitate the investigation of legitimate concerns raised...
Maples and Calder
The Cayman Islands is an overseas territory of the United Kingdom and the legal system is an English-style common law system, which comprises statute law and binding case precedents.
Walkers
Further to our advisory issued in August 2016, a recent judgment of the Judicial Committee of the Privy Council, the ultimate appellate court of the Cayman Islands, ...
Walkers
Partner Neil Lupton has worked with The In-House Lawyer Magazine to create a country-specific online Q&A that provides an overview of the legal framework and key issues surrounding restructuring...
Walkers
This Q&A is part of the global guide to Restructuring & Insolvency.
Campbells
In CHC, the company was seeking to have JPLs appointed in order to assist with the implementation of its US Chapter 11 plan.
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.
Maples and Calder
From 26 June 2017 an enhanced EU regime governing the commencement, recognition and enforcement of insolvency and restructuring proceedings throughout the EU will come into effect.
Walkers
On 22 November 2016 the European Commission published its proposal for a draft directive on preventative restructuring frameworks ("Draft Directive").
Most Popular Recent Articles
Maples and Calder
In a decision that will reassure investors in Cayman Islands investment funds and other vehicles, the Grand Court has shown its willingness to facilitate the investigation of legitimate concerns raised...
Maples and Calder
In a ground-breaking decision for the Cayman Islands as a restructuring centre, the Cayman Islands court has handed down judgment sanctioning four highly complex inter-linked schemes of arrangement.
Walkers
The Ocean Rig restructuring process demonstrates that the Cayman Islands scheme of arrangement process is flexible and is well equipped to work through complex restructurings.
Maples and Calder
From 26 June 2017 an enhanced EU regime governing the commencement, recognition and enforcement of insolvency and restructuring proceedings throughout the EU will come into effect.
Campbells
In CHC, the company was seeking to have JPLs appointed in order to assist with the implementation of its US Chapter 11 plan.
Harneys
Insolvency law in the Cayman Islands is principally regulated by the Companies Law (2013 Revision) and the Companies Winding Up Rules 2008, and they are supplemented by a wide body of case law.
Walkers
In December's issue of Global Turnaround the focus was on Cayman and Walkers provided commentary.
Walkers
Further to our advisory issued in August 2016, a recent judgment of the Judicial Committee of the Privy Council, the ultimate appellate court of the Cayman Islands, ...
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
The Grand Court of the Cayman Islands clarified two matters concerning petitions to wind up a company on the just and equitable ground on the basis it has lost its substratum.
Harneys
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...
Article Search Using Filters
Related Topics
Popular Authors
Popular Contributors
Up-coming Events Search
Tools
Font Size:
Translation
Channels
Mondaq on Twitter