April 13, 2021

New Cayman base to bring funds to Oyo

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From ETech Oyo founder Ritesh Agarwal has set up a Cayman Islands-registered entity, RA Hospitality, which will look to make fresh investments in the SoftBank-backed hospitality chain Ritesh Agarwal, founder and group chief executive of Oyo Hotels & Homes, has set up a Cayman Islands-registered entity, RA Hospitality, which will look to make fresh investments in the SoftBank-backed hospitality […]

New Cayman insolvency laws: liquidator fees and liquidation committee

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From Harneys Brand new 2018 amendments to the Companies Winding Up Rules and the Insolvency Practitioner Regulations make important modern improvements to liquidators’ remuneration and the composition of liquidation committees. Liquidators have been and continue to be required to seek court approval of their remuneration. Two such methods for determining liquidators’ remuneration are: (1) a […]