Cayman Islands Stock Exchange: The impact of the European market abuse
By Scott Macdonald Maples and Calder From Mondaq The Cayman Islands Stock Exchange (the “CSX”), which has listed more than 4,000 securities with a combined market capitalisation in excess of US$190 billion, has firmly established itself as one of the…
Cayman Islands: Maples Group assists MJX Asset Management on first new-issue CLO of 2017
Maples and Calder and Maples Fiduciary have assisted MJX Asset Management (“MJX“) on its dual compliant $528 million Venture XXVI CLO – the first new-issue CLO of the year globally. The deal, which priced on 19 January 2017, was arranged…
Lynn Tilton Battles Cayman Islands Directors on Zohar-I Bankruptcy
By PEG BRICKLEY From Wall Street Journal Zohar-I’s directors have asked a judge to throw out bankruptcy petition Distressed-company investor Lynn Tilton lashed out at the Cayman Islands corporate directors who moved to block her attempt to force one of…
FATCA Final Regulations – Update For Cayman And Irish CLO Issuers
By Alasdair Robertson, Mark Matthews, Scott Macdonald and Nicola Bashforth Maples and Calder On 20 February 2014 the US Treasury and the IRS released a set of revisions to the US Foreign Account Tax Compliance Act (“FATCA”) final regulations (the…
Appleby’s Insider report reveals continued expansion of CLO market
Appleby has published its second report on collateralised loan obligations (CLO). The law firm’s CLO Insider report, which provides data, insight and analysis on the CLO market, focused on the second half of 2013. It reveals that the total number…
