Cayman Islands: Another chapter in the China Milk Saga
Article by Ben Hobden From Conyers Dill & Pearman As a jurisdiction that currently has no formal restructuring regime, the appointment of a provisional liquidator has long since been utilised for the purpose of facilitating a corporate restructuring in the…
Cayman Islands: Introduction of beneficial ownership registers proposed
Contributed by Harneys From ILO Introduction Reasons for the proposal Beneficial ownership register Contents of register Failure to maintain register Next steps Introduction Following an initial public consultation during 2016, the government has published draft legislation which, when adopted, will…
Restoration of the ‘Redemption Creditor’ in the Cayman Islands
By Matthew Goucke and Chris Keefe From Walkers A recent judgment of the Cayman Islands Court of Appeal (‘CICA’) has provided a welcome degree of certainty for investors and insolvency practitioners alike with respect to the priority to be afforded…
Cayman Islands: Winding Up order issued for Bateman & Company
IN THE GRAND COURT OF THE CAYMAN ISLANDS FINANCIAL SERVICES DIVISION CAUSE NO: 123 OF 2016 (IMJ) WINDING UP ORDER UPON HEARING counsel for the Petitioner upon its petition dated 10th August 2016 (“the Petition”) for an Order that BATEMAN…
Second Bateman company receives Winding Up Petition in the Cayman Islands
By Georgina Wilcox Ryan Bateman, a Canadian National, whose company B&C Capital Ltd.) is already under the direction of a winding up order, now has a second company facing the same direction. This second company is Bateman & Company and…
Trina Solar to be taken private in $1.1 Bln deal
(RTTNews.com) – Trina Solar Limited ( TSL ) said that it has entered into a definitive agreement and plan of merger with Fortune Solar Holdings Limited or “Parent” and Red Viburnum Company Limited , a wholly owned subsidiary of Parent,…
Ryan Bateman Cayman Islands’ company ordered to be wound up
Georgina Wilcox It would appear that it is the end of the road for Ryan Bateman’s Cayman Islands company B & C Capital Ltd to be wound up. Local accountants Christopher Johnson and Graham Robinson of Chris Johnson Associates Ltd.,…
Cayman Islands guide to ship finance 2016
From Harneys This Cayman guide to ship finance provides an overview of the key shipping-related issues, legal system and laws in Cayman, and explores the following questions: Due diligence 1. How does one demonstrate title to or legal ownership of…
Cayman legislative changes demonstrate commitment to global transparency
By Colin Riegels Contributed by Harney Westwood & Riegels LLP From International Law Office The spotlight of the international community is shining more brightly than ever on international financial centres and those that use them, in an effort to reduce aggressive…
Lending & Secured Finance Guide 2016: Cayman Islands
By Tina Meigh, Nick Herrod From Maples In this guide, Tina Meigh and Nick Herrod provide an overview of lending and secured finance law in the Cayman Islands. Their contribution formed part of the 4th edition of the Lending &…
