Private Equity Multi-jurisdictional Guide: Introduction of the New ELP Law and the Contracts (Rights of Third Parties) Law 2014

Cayman Islands exempted companies are widely utilized in structuring cross-border finance transactions. One of the key reasons for this is that the Cayman Islands provides a flexible and well-tested regime for secured financing transactions that is attractive to borrowers and lenders alike. The process for creating security in...

Effectiveness and Role of the Letter of Wishes in Trusts

Among the many investment fund structures provided by the Financial Services Commission (“FSC”) of the British Virgin Islands (“BVI”) under the Securities and Investment Business Act (As Revised) of the BVI, Approved Funds and Incubator Funds have for a number of years been very attractive options for Start-up...

In the British Virgin Islands (“BVI”), there are three main ways that a company can restructure or reorganize. These are...