September 24, 2023

Paying the costs of petitioning in the Cayman Islands

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Article by Jeremy Walton and Jeremy Snead From Appleby If a creditor successfully petitions for the winding up of a defaulting debtor in the Cayman Islands, it has the benefit of a priority recovery of those costs over the unsecured debts of the company and even the liquidators’ own remuneration and expenses. The Cayman Islands […]