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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...
The Grand Court has recently had cause to consider the interplay between the Cayman Islands restructuring officer regime, which was introduced following legislative...
Where a group’s holding company is incorporated in the British Virgin Islands (BVI), it has access to the BVI courts for the purpose of attempting to restructure its...
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...
On 1 January 2023, various significant amendments to the BVI’s Business Companies Act 2004 will come into force.
This article broadly discusses the key restructuring tools available in all three jurisdictions and examines, in particular, the broad-based similarities and...
The June 2022 edition of Corporate Rescue and Insolvency Journal is now available to subscribers on Lexis Library.