Conyers Dill & Pearman
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Significant development regarding jurisdiction for winding-up petitions.
Foreign entities must first define the nature of their business activities on the island.
A useful summary of the test that must be satisfied before permission to serve a claim out of the jurisdiction will be granted.
A vehicle designed for securitisations and other transactions where an insolvency-remote vehicle is required.
Cayman has taken a creditor-friendly approach to implementation.
International co-operation in cross-border insolvencies: smoothing the path for foreign liquidators in Hong Kong
A decision of the High Court of the Hong Kong SAR should make the task of liquidators of BVI, Cayman and other foreign companies more straightforward in the region.
Conyers Dill & Pearman acted as BVI counsel to Fountain Vest Partners (Asia) Limited on the $64m (£40.5) acquisition of LJ International Inc by way of merger.