April 16, 2021

Court permits strategic transfer of Center of Main Interests (COMI) in Chapter 15 Case

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By Hogan Lovells From JD Supra The bankruptcy court in In re Ocean Rig UDW Inc., 17-10736 (Bankr. S.D.N.Y. Aug. 24, 2017) determined that a decision by an offshore drilling company from the Republic of the Marshall Islands (RMI) to shift its Center of Main Interest (COMI) to the Cayman Islands prior to defaulting on […]

Cayman Islands: How institutional investors are changing the fund industry

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By Kevin A. Phillip From DMS Offshore Investment Services DMS Executive Director Kevin Phillip discusses the impact institutional investors are having on governance practices and standards in the latest issue of Cayman Finance. As institutional investors continue to drive asset growth in the hedge fund industry since the 2008 financial crisis, they are also acting […]