About Loeb Smith
People
Sectors
Expertise
- Legal Service
- Banking and Finance
- Blockchain, Fintech and Cryptocurrency
- Capital Markets and Privatization
- Corporate
- Cybersecurity and Data Privacy
- Insolvency, Restructuring and Corporate Recovery
- Insurance and Reinsurance
- Intellectual Property
- Investment Funds
- Litigation and Dispute Resolution
- Mergers and Acquisitions
- Private Client and Family Office
- Private Equity and Venture Capital
- Governance, Regulatory and Compliance
- Entity Formation and Managed Services
- Consulting
- Legal Service
News and Announcements
Locations
Subscribe Newsletters
Contact
ICR: US Court and Cayman Islands Court: Sharing Jurisdiction in the Interests of Comity
22 January 2015 . 8 min readIntroduction
This article first appeared in Volume 12, Issue 1. of International Corporate Rescue, published by Chase Cambria Publishing.
Gary Smith reviews the decision of the United States Bankruptcy Court Southern District of New York in re: Soundview Elite, Ltd., et al., Debtors (Case No. 13-13098 (REG)) as another good example of the willingness of the US courts to share jurisdiction in the interests of comity in cross border insolvency cases.
Latest Updates and Insights
INSIGHTS | 02 July 2026
Key issues in series financing under BVI and Cayman Islands law
The British Virgin Islands and Cayman Islands companies remain key players in series financing transactions in Asia and beyond, offering a flexible, cost-competitive and well-tested means of deal structuring.
INSIGHTS | 01 July 2026
Top 10 things for clients to note when commencing a claim in the BVI
Litigation/Commercial Disputes are particularly challenging to navigate for both individuals and businesses as these matters (i) require clear objectives, a clear strategy for achieving these objectives, and (i) can involve incurring significant costs and amounts of time.
INSIGHTS | 30 June 2026
Key Features of Cayman LLCs and the purposes for which they are used
Learn about the key features and uses of Cayman LLCs, including their role in private equity, venture capital, joint ventures, and digital asset transactions, with a focus on their flexible structure and tax efficiency.
INSIGHTS | 12 June 2026
Unfair prejudice claims in the British Virgin Islands
All shareholders of a company incorporated in the British Virgin Islands (“BVI”) have certain rights and protections. However, the imbalance of voting powers within a company can result in the controlling majority conducting the affairs of the company in a manner that is prejudicial to the rights of...

