December 2, 2023

Judicial Determinations of Fair Value in Cayman Mergers – an ppdate

From Ogier In the course of the last 24 months, a number of Cayman Islands companies with operations in the PRC and shares or ADRs traded on the US Exchanges have been the subject of ‘take-private’ transactions. Some of these transactions have reportedly been fuelled by the prospect that these businesses may command a higher […]

Mergers in the Cayman Islands: Integra – cost of “Fair Value” assessment

Article by Mac Imrie, James Eldridge and Nick Evans From Maples and Calder In Integra, the Grand Court of the Cayman Islands (the “Court”) made a costs order in favour of dissenting shareholders who had proved that the company’s value was higher than that offered in the merger process (and significantly higher than the even […]