Mondaq All Regions - Cayman Islands: Insolvency/Bankruptcy/Re-structuring
Maples and Calder
Consolidated and amended insolvency and restructuring rules and regulations come into force in the Cayman Islands on 1 February 2018 (the "Amended Rules").
Maples and Calder
In this article Caroline Moran and Nick Herrod, who acted for the successful scheme of companies, discuss the Ocean Rig restructuring of US$3.7 billion in New York law governed debt, the largest ever Cayman Islands restructuring.
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.
Maples and Calder
Building on what is now a consistent theme in Cayman Islands law; the Privy Council's decision in DD Growth has further reinforced the serious challenges faced by liquidators of investment funds...
Walkers
The Privy Council decision is the most recent in the ongoing liquidation proceedings of Herald Fund SPC.
KRYS Global
Clawback claims in excess of $6 billion of overpaid redemptions have been brought by the Fairfield Sentry liquidators in about 300 United States Bankruptcy Court claims pending before Judge Bernstein...
Maples and Calder
Daniel Bayfield QC and NIck Herrod, primarily through the lens of the Ocean Rig restructuring, but also with reference to the CHC case, explore the circumstances in which the Cayman Islands...
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
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.
Most Popular Recent Articles
Maples and Calder
Consolidated and amended insolvency and restructuring rules and regulations come into force in the Cayman Islands on 1 February 2018 (the "Amended Rules").
Maples and Calder
Building on what is now a consistent theme in Cayman Islands law; the Privy Council's decision in DD Growth has further reinforced the serious challenges faced by liquidators of investment funds...
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.
Maples and Calder
In this article Caroline Moran and Nick Herrod, who acted for the successful scheme of companies, discuss the Ocean Rig restructuring of US$3.7 billion in New York law governed debt, the largest ever Cayman Islands restructuring.
Maples and Calder
Daniel Bayfield QC and NIck Herrod, primarily through the lens of the Ocean Rig restructuring, but also with reference to the CHC case, explore the circumstances in which the Cayman Islands...
KRYS Global
Clawback claims in excess of $6 billion of overpaid redemptions have been brought by the Fairfield Sentry liquidators in about 300 United States Bankruptcy Court claims pending before Judge Bernstein...
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.
KRYS Global
An order issued by the U.S. Supreme Court this morning denied Farnum Place, LLC's petition for certiorari.
Walkers
The Privy Council decision is the most recent in the ongoing liquidation proceedings of Herald Fund SPC.
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
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
The recent decision of Mr Justice Nigel Clifford in Re Harbinger Class PE Holdings (Cayman) Ltd has revisited a line of local authority developed over the past 6 years.
Article Search Using Filters
Related Topics
Popular Authors
Popular Contributors
Up-coming Events Search
Tools
Font Size:
Translation
Channels
Mondaq on Twitter