The Grand Court of the Cayman Islands recently confirmed expressly for the first time that it has jurisdiction to wind up a segregated portfolio company ("SPC") on the insolvency of one or more, but not all, of its segregated...more
In the 2022 Chambers and Partners Global Aviation Finance & Leasing Guide for the Cayman Islands, our aviation experts provide a comprehensive overview of the latest legal information regarding aircraft and engine purchase...more
8/24/2022
/ Aviation Industry ,
Borrowers ,
Cayman Islands ,
Duties ,
Enforcement ,
Foreign Currency ,
Insolvency ,
Leases ,
Liens ,
Liquidation ,
Purchase and Sale Agreements ,
Trustees ,
Trusts
These important amendments to Part V of the Cayman Islands Companies Act ("Companies Act") will introduce a new restructuring officer regime available to companies in financial distress, which can be accessed without the need...more