As companies across many sectors look to restructure company and group debt in the face of demand and supply shocks that have rocked the global economy, advisors will need to carefully consider the restructuring forum.
This country-specific Q&A provides an overview to restructuring & insolvency laws and regulations that may occur in Cayman Islands.
Campbells provided corporate due diligence assistance to Janchor Partners in Everest Medicines’ Series C financing. This US$310 million Series C financing includes two preferred equity financing tranches, a US$260 million Series C-2 and a US$50 million Series C-1.
This country-specific Q&A provides an overview to restructuring & insolvency laws and regulations that may occur in the British Virgin Islands.
This article discusses a decision handed down by the Cayman Islands Court of Appeal earlier this year, clarifying the purpose and effect of section 99 of the Companies Law (the “Law”) and the principles to be applied in granting validation orders in an important decision.
In a significant judgment delivered on 23 April 2020, the Cayman Islands Court of Appeal allowed an appeal against a 2019 decision of the Grand Court to stay a ‘just and equitable’ winding up petition on the grounds that the subject-matter of the dispute must be referred to arbitration.
Further to a recent decision by the Court of Appeal, the BVI Court now has no jurisdiction to grant free standing freezing injunctions against a BVI company.
This article considers whether Calderbank offers are, in Cayman practice, an effective means of encouraging parties to resolve their disputes and posits that the time has come to introduce a more robust and predictable costs procedure to operate in tandem with Calderbank offers.
Campbells is pleased to announce that partners Robert Searle and Jenny Nip were recognised as two of the top ten offshore lawyers in Asia in the Offshore Client Choice List by Asian Legal Business. The list comprises Asia’s standout lawyers from offshore law firms that, not only meet, but exceed client expectations.
This advisory discusses Palladyne International Asset Management B.V. v Upper Brook (A) Limited and others, where an application was made by Palladyne for leave to appeal to the Judicial Committee of the Privy Council.