The Appleby 2012 offshore round-up: insolvency & restructuring
Welcome to Appleby’s review of the key insolvency and restructuring decisions handed down in the leading offshore jurisdictions during 2012, compiled by members of our Litigation & Insolvency Practice Group in Bermuda, the British Virgin Islands, the Cayman Islands, Jersey, Guernsey and the Isle of Man. Equivalent updates are available in the areas of fund disputes (several of the cases in which also concern insolvency issues), company law, civil procedure and trust litigation. Copies may be obtained from our website or from your usual Appleby contact.
During the year we have seen several decisions involving who can petition to wind up a company and when, as well as a groundbreaking approach to class votes in schemes of arrangement…
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Briefings from Appleby
The law in Jersey relating to the consequences of receiving a bribe has recently been clarified.
FATCA’s implementation is now on a very tight timeline, and there are steps that must be taken by each CLO issuer and its board of directors in very short order.
Analysis from The Lawyer
The past quarter has been busy for the offshore sector as firms have looked to capitalise on globalisation, while workflow has remained high
Business is booming in the Isle of Man, a small jurisdiction that thinks big