Our lawyers play a leading role in some of the high-profile insolvency related cases which are cross-border in scope and require efficient coordinated advice.
These entities often face complex problems in dealing with enforcement of security, asset tracing, schemes of arrangement and other Court driven restructurings.
Loeb Smith provides the necessary Cayman Island and British Virgin Islands law expertise to resolve these issues.
Scope of Service
Our Insolvency and Corporate Restructuring team is highly experienced in:
|
|
|
News and Insights
How do creditors take security over limited partnership interests in a Cayman Islands exempted limited partnership?
Exempted limited partnerships (“ELPs”) are a form of Cayman Islands partnership which are commonly used in investment fund structures, particularly closed-ended private investment funds. This can be contrasted with open-ended mutual funds which are typically structured using a Cayman Islands exempted company.
BVI Company Restoration: Court process and requirements
We look briefly at how an application can be made to the court in the British Virgin Islands (BVI) to restore a BVI company to the Register of Companies (Register), and aims to provide some practical insight into the restoration process.
Enforcement of Foreign Judgments and Arbitration Awards in the British Virgin Islands
Learn about the enforcement of foreign judgments and arbitration awards in the British Virgin Islands, including procedures for monetary and non-monetary judgments, as well as the recognition and enforcement of Convention and non-Convention arbitral awards.
Corporate Rescue in the British Virgin Islands
In the British Virgin Islands (“BVI”), there are three main ways that a company can restructure or reorganize. These are…
BVI treatment of DAOs in insolvency
By way of an update on our recent publication (which can be found here) that the Financial Action Task Force (FATF) had determined that the Cayman Islands has substantively fulfilled its action plan, and following completion of a recent on-site visit by the FATF, the Cayman Islands has…
Loeb Smith Attorneys Advises Alpha Technology Group Limited and Lion Group Holding Ltd in their Share Capital Restructuring
Hong Kong (January 9, 2025) Loeb Smith Attorneys, one of the leading offshore corporate law firms with a strong growing presence in the APAC region, has recently advised Alpha Technology Group Limited (Nasdaq: ATGL), a British Virgin Islands company, and Lion Group Holding Ltd (Nasdaq: LGHL), a Cayman…
Cayman Islands: The New Regime For Restructuring Officers
On 31 August 2022, the Cayman Islands introduced the restructuring officer regime by making certain amendments to the Cayman Islands Companies Act. Please see link below to an article first published in IFC Review where Gary Smith and Robert Farrell consider the benefits of the Regime now that…
Aubit International: Guidance on the Appointment of Restructuring Officers in the Cayman Islands
In August 2022, the Cayman Islands introduced the restructuring officer regime (the “Regime”) by amending the Cayman Islands Companies Act (the “Act”). Please see our previous briefings on this subject here. By way of summary, the Regime permits the presentation of a petition by a company for the…


