Mondaq Offshore: Insolvency/Bankruptcy/Re-structuring
Lennox Paton
The Bahamas has long been established as an international financial centre in which foreign companies, complex commercial funds and special purpose vehicles invoke the jurisdiction of the Bahamian court ...
Walkers
A court-supervised scheme of arrangement is the most straightforward and cost effective way to facilitate a corporate rescue or restructuring of a company which is incorporated in Bermuda but has its operations or listing status in another jurisdiction.
Conyers
As a major incorporation jurisdiction, the issue of shadow directorships is an important and practical one for the BVI. There are 3 types of company director recognised by BVI law:
Ogier
The global Ogier R&I team have been involved in many of the most complex and high-value offshore schemes and restructurings in recent years including Ocean Rig, QGOG/Constellation Overseas, Shire, Rangold Resources, Abraaj Group and Action Real Estate.
Walkers
Off with his head! An offshore perspective – Is the "headcount test" heading for the guillotine.
KRYS Global
On 20 May 2019, the Privy Council issued a decision on the subject of the appeal to the Board against the Eastern Caribbean Court of Appeal's upholding of the BVI High Court's refusal...
Campbells
In 2017, a total of 17 restructuring petitions were filed in the Grand Court of the Cayman Islands.
Walkers
Parker法官分析证据后认为,于该申请人的证据中,对联合官方清算人提出的指控均不能证明根据公司法第107条罢免官方清算人的合法性,罢免申请
Ogier
Each year, legal disputes over assets worth many billions of dollars worldwide are resolved in courtrooms and boardrooms in the Cayman Islands.
A.G. Erotocritou LLC
As a result of the numerous cross-border structures involving Cyprus, the need to recognise foreign insolvency proceedings in Cyprus is becoming more common.
Kinstellar
March 2019 – On 22 February 2019 and 26 February 2019 two bills were introduced in the Bulgarian parliament to amend the existing Bank Insolvency Act ("Bills").
Carey Olsen
The right to bring a challenge derives from Section 273 of the BVI Insolvency Act 2003, which provides.
Herbert Smith Freehills
In Swiss Cosmeceutics (Asia) Ltd [2019] HKCFI 336, Mr Justice Harris of the Hong Kong Court of First Instance declined to wind up a company despite it failing to establish a bona fide defence
Appleby
The Isle of Man High Court has issued a landmark decision confirming for the first time in a reported judgment the considerations that the Isle of Man Court will adopt
Ogier
Ogier's newest associates Graeme Loarridge, Melanie McKernan and Richard Parrish have all been admitted to the Cayman Bar.
Walkers
The insolvency regime in Jersey is an interesting mix of English law and Norman customary law influences.
Baker & Partners
This is the second of two articles on disclosure in civil proceedings in Jersey. The first can be found here.
KPMG Luxembourg
IFRS 9 has now been applicable for over a year, but some of its changes have often been either overseen or neglected—even when they could have a material impact on the accounts.
STA Law Firm
In these investment scenarios, there are times when an organization needs more money than is as of now being produced by its activities; it has two different ways to get it.
BSA Ahmad Bin Hezeem & Associates LLP
The UAE Bankruptcy Law is viewed as an improvement over the prior insolvency laws (as outlined in the Commercial Transactions Law), insofar as the Bankruptcy Law:
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Elias Neocleous & Co LLC
Cyprus Contracts Law, Cap. 149 (as amended) states that a contract may be: made orally; partly written and partly oral; entirely in writing; or even implied by the conduct of the contracting parties.
Appleby
Quadriga filed for court protection from its creditors on 31 January 2019, following the unexpected death of its CEO and founder Gerald Cotten, on 9 December 2018.
STA Law Firm
In these investment scenarios, there are times when an organization needs more money than is as of now being produced by its activities; it has two different ways to get it.
KRYS Global
On 20 May 2019, the Privy Council issued a decision on the subject of the appeal to the Board against the Eastern Caribbean Court of Appeal's upholding of the BVI High Court's refusal...
Walkers
Off with his head! An offshore perspective – Is the "headcount test" heading for the guillotine.
Walkers
A court-supervised scheme of arrangement is the most straightforward and cost effective way to facilitate a corporate rescue or restructuring of a company which is incorporated in Bermuda but has its operations or listing status in another jurisdiction.
Ogier
Guernsey's Court of Appeal has upheld the judgment that none of the US investment firm The Carlyle Group, its investment manager
Lennox Paton
The Bahamas has long been established as an international financial centre in which foreign companies, complex commercial funds and special purpose vehicles invoke the jurisdiction of the Bahamian court ...
Ogier
Ogier's newest associates Graeme Loarridge, Melanie McKernan and Richard Parrish have all been admitted to the Cayman Bar.
BSA Ahmad Bin Hezeem & Associates LLP
The UAE Bankruptcy Law is viewed as an improvement over the prior insolvency laws (as outlined in the Commercial Transactions Law), insofar as the Bankruptcy Law:
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