As the world slowly emerges from the initial emergency phase of the COVID-19 pandemic and life returns, albeit not to business as usual, at least to increasing economic activity, the deep financial implications...
British Virgin Islands
Ogier has successfully represented the applicants in a BVI scheme of arrangement for a debt restructuring, as part of a $1.5 billion global restructuring, demonstrating the ability of our transactional and dispute...
The Cayman Islands continues to be a jurisdiction of choice for the establishment of investment funds, portfolio investment companies and corporate vehicles,...
The statutory demand process is widely used by creditors seeking to secure payment of their debts.
From a Cayman Islands perspective, capital call or subscription line credit facilities generally follow a well-trodden path. This path allows the Cayman Islands aspects of such deals to be agreed and completed efficiently.
Elias Neocleous & Co LLC
On 15 May 2020, DBRS became the latest international credit rating agency to announce its assessment of Cyprus' credit worthiness. Encouragingly, despite Cyprus now being two months into the Covid-19 pandemic...
Soteris Pittas & Co LLC
Charges under Cyprus law, can be of a fixed and floating nature, (i.e fixed and floating charges).
STA Law Firm
A curious story emerged on 11 April 2017 when a man was charged with planting a bomb under the Borussia Dortmund football club team bus in April.
Amongst the fanfares of Ode to Joy and the sighs of relief as Ursula von der Leyden trumpeted "Europe's moment" by announcing a proposal for a recovery fund of €750bn....
January 2020 saw the States of Guernsey pass the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020 (Ordinance)...
As discussed last time, a standstill agreement is only effective as it extends to those creditors pursuing a business for payment.
Isle of Man
A right to keep possession of property belonging to another person until a debt owed by that person is discharged.
The International Stock Exchange (TISE) caters for the listing of a broad range of debt securities.
10 June 2020 – Welcome to Asset Yield, the podcast series of Kinstellar Asset Solutions, where we interview principal investors, originators, advisors, and funders in the world...
As part of the economic stabilization program, the Luxembourg state will guarantee bank loans granted to businesses up to 2.5 billion euros, which is introduced by the law of 18 April 2020 setting up a guarantee scheme for the Luxembourg economy.
This amendment to the Temporary Framework gives flexibility to Member States to provide recapitalisations and subordinated debt to companies in need.
United Arab Emirates
BSA Ahmad Bin Hezeem & Associates LLP
From asking your bank for a mortgage payment holiday or knowing where you stand when it comes to defaulting on your payments, legal experts in the United Arab Emirates explain
Clyde & Co
Recent court service suspensions announced in the UAE – albeit temporary – as part of the government's response to COVID-19 will undoubtedly have an impact on efficacy of debt recovery options available
Clyde & Co
India and the United Arab Emirates (‘UAE') have witnessed dynamic bilateral relations in the recent past. Leadership of both countries have endeavoured to bolster ties of the two economies which...
Our four-part multimedia series, "High-Yield Bonds in Asia: What Every Issuer Needs to Know," offers practical insights on high-yield debt for Asia-based issuers seeking to understand important