April 12, 2021

Cayman Islands: Petitioning for change?

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From Harneys Cayman Insolvency Update Despite the absence of a formal restructuring regime, the Courts in Cayman (and latterly by way of the Companies Law) have developed a flexible and pragmatic approach, deploying provisional liquidators to provide breathing space for a company in distress. A recent decision may well limit that ability for many Cayman […]