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Ogier | Cayman Islands | 28 Apr 2023
Cayman law case update: adjourning winding up petitions - In the Matter of Shinsun Holdings (Group) Co. Ltd
In a recent judgment, Justice Doyle considered the principles applicable in agreeing to adjourn the hearing of a winding up petition. He granted only…
Taylor Wessing | USA | 8 Feb 2023
Illegal activity not a requirement for winding up by English court on a public interest basis
The Secretary of State for Business, Energy and Industrial Strategy (SoS) presented winding up petitions against Fabcourt Developments Limited…
Mourant | Cayman Islands | 11 Jan 2023
Brave new world: restructuring officers in the Cayman Islands
The Grand Court of the Cayman Islands has issued its first judgment appointing Restructuring Officers under the new section 91B of the Cayman Islands…
Penningtons Manches Cooper LLP | United Kingdom | 20 Dec 2022
Can a ‘crypto-debt’ form the basis of a winding-up petition or bankruptcy petition?
This article will discuss whether or not a winding-up petition or bankruptcy petition can be based upon a liquidated amount of crypto which is due…
Mourant | Guernsey | 16 Dec 2022
Winding up foreign companies in Guernsey
The Royal Court in Guernsey will soon be able to wind up foreign companies. Recent changes to Guernsey's insolvency regime will mean that, for…
Walkers | British Virgin Islands | 5 Dec 2022
Winding up and arbitration clauses: A timely reminder that he who hesitates is lost
In Sian Participation Corp. (In Liquidation) v- Halimeda International Limited BVIHCMAP2021/00171 ("Sian"), the Eastern Caribbean Court of Appeal…
c | Mozambique | 30 Nov 2022
Asset management and private equity in Mozambique - Part III
As in all other market economies, Mozambique has identified the need to promote investment in the capital markets through investment funds:…
Conyers | Cayman Islands | 15 Nov 2022
Cayman Islands Restructuring: Getting Oriente-d With the New Regime
On 11 November 2022, Mr Justice Kawaley ordered the first appointment of restructuring officers in Re Oriente Group Limited (FSD 231 of 2022) under…
Gadens | Australia | 19 Aug 2022
Working smarter not harder: How liquidators can expedite the process for adjudicating and admitting claims when winding up a company
In a recent case involving a former financial services provider in liquidation, thousands of pending claims from former customers and a letter of…
Squire Patton Boggs | United Kingdom | 1 Apr 2022
April Fools: Winding Up Petitions Set to Increase, Is this a Wind Up?
From today (1 April), creditors can present a winding up petition without (a) having to give 21 days to the debtor company to make proposals to pay…
