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Navigating restructuring in the Cayman Islands
The Cayman Islands has long been a favoured jurisdiction for international debt restructuring. In 2022, the restructuring officer regime was introduced alongside the existing “light touch” provisional liquidator regime. While both offer pathways for distressed companies, understanding the distinctions between them is essential for companies considering their options.
Read more We recently contributed to a special issue of International Corporate Rescue on offshore insolvency and restructuring, featuring articles by members of our global...
This article explores the Privy Council’s landmark judgment in the case of CL Financial Ltd, one of the most significant insolvencies in the Caribbean.
In a recent groundbreaking judgment, the BVI Commercial Court ordered, for the first time, a mandatory injunction compelling the repatriation of wrongfully dispersed...
In recent years, the courts of the British Virgin Islands have become increasingly receptive to third party litigation funding.
The recent amendments to the British Virgin Islands Trustee Act has rightly resurrected an old rule commonly known as the rule in Hastings-Bass which is restricted by...
In the recent case of BEC Limited v A2 and A1, the Eastern Caribbean Court of Appeal confirmed for the first time that an order dismissing an application to set aside a...
You will be aware from our updates issued on 18 August and, more recently on 20 September, that on 1 January 2023, various significant amendments to the BVI’s Business...
You will be aware from our updates issued on 18 August and, more recently on 20 September, that on 1 January 2023, various significant amendments to the BVI’s Business...