Insolvency and Corporate Restructuring
Our Insolvency and Corporate Restructuring Team works with onshore counsel to deliver creative solutions to distressed Cayman Islands companies, distressed funds, institutional lenders and investors, and liquidators.
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 law expertise to resolve these issues.
Our team of highly experienced attorneys can provide expert advice specific to your offshore requirements relating to insolvency, liquidation and/or corporate restructuring. Contact us to discuss your specific legal need.
5 Feb 2021 Searches and constitutional documents from a BVI law and Cayman Islands law perspective Conducting due diligence on, and issuing legal opinions with respect to, British Virgin Islands (â€œBVIâ€) and Cayman Islands entities forms an important part of any offshore banking & finance or corporate lawyer's practice. Read More
5 Aug 2019 Privy Council decision on 60:40 rule and its potential impact Privy Council decision on 60:40 rule and its potential impact on the interpretation of 'Caymanian controlled' under the Cayman Islands' Local Companies Control Law Read More
27 Jun 2019 Cayman Economic Substance and Its Impact on Fund Managers The Securities and Investment Business (Amendment) Law 2019 (the "SIB Amendment Law") and the Directors Registration and Licensing (Amendment) Law, 2019 were both passed by the Cayman Islands Government on 18th June 2018. Read More
29 Mar 2019 Legal Insight - Minority Shareholder Rights under Cayman Islands Law Introduction In general, the rights of shareholders of Cayman Islands domiciled companies are governed by the provisions of the Companies Law (2018 Revision) as amended (the “Companies Law”) and the provisions contained in the Memorandum... Read More
30 Jan 2019 Legal Alert - Economic Substance requirements for Cayman Islands companies Economic Substance requirements for Cayman Islands companies Read More
25 Jan 2019 Legal Alert - Offshore Investment Funds: GDPR vs. Cayman Islandsâ€™ Data Protection Law The Cayman Islands Data Protection Law ("DPL"), which will regulate the future processing of all personal data, is intended to come into effect in January 2019. Read More
12 Nov 2018 Legal Update - Renewal of Director Registration for 2019 Guidance for Directors registered with the Cayman Islands Monetary Authority under The Directors Registration and Licensing Law Read More
29 Oct 2018 Undertaking Voluntary Liquidations of Cayman Islands Entities prior to 31 December 2018 As the conclusion of 2018 approaches, clients should give some thought to whether or not they have Cayman entities which they wish to liquidate prior to the end of 2018 for, among other things, the purpose of avoiding annual government registration. Read More
Read more about how our team of attorneys provides legal advice on Cayman Islands law and British Virgin Islands law in the following practice areas: