CAYMAN ISLANDS – Fundraising
By Nicholas Butcher and Iain McMurdo, Maples and Calder From The Private Equity Review, 5th Ed.: Cayman Islands I GENERAL OVERVIEW The Cayman Islands (Cayman) are home to a well-established and ever-growing domicile for private equity funds. This can be…
Cayman Court enforces agreement not to liquidate a Limited Partnership
From Solomon Harris Rhone Holdings LP, In the matter of A July 2015 Cayman islands (‘CI’) judgment dismissed a winding up petition (‘Petition’), holding that it was an abuse of process for Petitioners to present a petition to wind up…
Harneys Cayman secures first strike out of a winding up petition under Section 95(2) of the Companies Law
By David Butler, Grainne King From Harney Westwood & Riegels On 16 September 2015 the Grand Court of the Cayman Islands handed down its written reasons for striking out a winding up petition under Section 95(2) of the Companies Law…
Cayman Islands: Corporate subscription financings – a sheep in wolves’ clothing
By Ramesh Maharaj and Alexandra Woodcock from Walkers Convention dictates that a Cayman Islands exempted limited partnership (ELP) be utilised for offshore private equity fund subscription financings. The process is relatively straightforward. A limited partner commits to pay capital up…
Cayman equity funds/Grenadians urged to accept sacrifices
Private equity funds in the Cayman Islands From Mourant Ozannes Introduction This briefing explains the attractions for international managers, sponsors and investors of the Cayman Islands as the jurisdiction in which to domicile a private equity fund. The terms “private…
Changes to the Cayman Islands Exempted Limited Partnership Law
Article by Bryan Hunter, Simon Raftopoulos, Ian Gobin and Julian Black Appleby Last Updated: 22 April 2014 The Cayman Islands Exempted Limited Partnership Law, since its original enactment in 1991, has allowed the Cayman Islands to attract high quality business…
Cayman Islands private equity funds
Nicholas Butcher and Iain McMurdo From Maples and Calder The Cayman Islands (Cayman) are home to a well-established and ever-growing domicile for private equity funds. This can be seen in the statistics issued by the Cayman Islands Registrar of Partnerships….